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Iceland  

GDP Iceland first quarter of 2020

Iceland, GDP falls with respect to previous quarter

Gross Domestic Product of Iceland fell 7 in the first quarter of 2020 compared to the previous quarter. This rate is 118 -tenths of one percent less than in the previous quarter, when changed 4.8%.

The year-on-year change in GDP was -0.4%, 45 -tenths of one percent less than the 4.1% recorded in the forth quarter of 2019.

The GDP figure in the first quarter of 2020 was €5,105$5,629 million, Iceland is number 48 in the ranking of quarterly GDP of the 50 countries that we publish.

Iceland has a quarterly GDP per capita, of €14,018$14,018, less than the same period last year, when it was €14,359 $14,359 .

If we order the countries according to their GDP per capita, Iceland is in 6th position of the 50 countries whose quarterly GDP we publish.

Here we show you the progression of the GDP in Iceland. You can see GDP in other countries in GDP and see all the economic information about Iceland in Iceland's economy.

Quarterly GDP at market prices 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q15,105M.€5,629M.$-7.0%-0.4%
< GDP Iceland 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q114,018€-11.1%-2.4%15,458$-5.2%-11.5%
< GDP Iceland 2019
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
201921,603M.€24,184M.$1.9%
201821,795M.€25,965M.$3.8%
201721,705M.€24,457M.$4.5%
201618,646M.€20,618M.$6.6%
201515,680M.€17,389M.$4.7%
201413,390M.€17,758M.$2.1%
201312,064M.€16,034M.$4.1%
201211,459M.€14,724M.$1.3%
201110,889M.€15,159M.$1.9%
201010,332M.€13,684M.$-3.4%
20099,426M.€13,165M.$-6.8%
200810,949M.€17,905M.$2.0%
200715,727M.€21,515M.$9.4%
200613,768M.€17,216M.$5.2%
200513,536M.€16,813M.$6.3%
200411,144M.€13,835M.$8.0%
200310,105M.€11,414M.$2.3%
20029,886M.€9,295M.$0.7%
20019,144M.€8,205M.$3.9%
20009,752M.€9,004M.$4.9%
19998,408M.€8,972M.$4.0%
19987,562M.€8,494M.$7.1%
19976,682M.€7,581M.$5.8%
19965,843M.€7,480M.$4.6%
19955,450M.€7,131M.$0.1%
19945,298M.€6,399M.$3.6%
19935,226M.€6,232M.$1.3%
19925,377M.€7,112M.$-3.4%
19915,501M.€6,955M.$-0.2%
19905,017M.€6,510M.$1.2%
19895,072M.€5,705M.$0.3%
19885,099M.€6,149M.$-0.1%
19874,716M.€5,566M.$8.5%
19863,998M.€4,017M.$6.3%
19853,857M.€3,012M.$3.3%
19843,595M.€2,894M.$4.1%
19833,079M.€2,795M.$-2.2%
19823,246M.€3,253M.$2.2%
19813,095M.€3,544M.$4.3%
19802,400M.€3,434M.$6.0%
19792,048M.€2,858M.$4.9%
19781,936M.€2,516M.$6.0%
19771,905M.€2,212M.$8.8%
19761,472M.€1,672M.$6.0%
19751,119M.€1,409M.$0.6%
19741,518M.$5.7%
19731,156M.$6.8%
1972841M.$6.2%
1971671M.$13.1%
1970528M.$7.5%
1969415M.$2.4%
1968474M.$-5.5%
1967621M.$-1.3%
1966629M.$8.7%
1965524M.$7.3%
1964434M.$9.9%
1963340M.$10.3%
1962285M.$8.3%
1961254M.$-0.1%
1960248M.$
Evolution: GDP per capita Iceland
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201959,910€66,416$-3.1%-10.9%
201861,800€74,515$-2.2%3.1%
201763,210€72,283$13.7%16.6%
201655,590€62,005$17.3%17.4%
201547,400€52,838$15.9%-3.1%
201440,900€54,528$9.8%9.5%
201337,260€49,816$4.3%8.1%
201235,730€46,074$4.7%-3.2%
201134,130€47,601$5.1%10.5%
201032,490€43,081$10.0%4.5%
200929,530€41,221$-13.9%-27.4%
200834,280€56,759$-32.1%-18.8%
200750,500€69,928$11.6%21.8%
200645,240€57,409$-1.1%0.3%
200545,740€57,268$20.1%20.3%
200438,090€47,612$9.1%20.3%
200334,930€39,567$1.6%22.0%
200234,370€32,434$7.2%12.0%
200132,070€28,957$-7.5%-10.3%
200034,680€32,265$14.3%-0.8%
199930,330€32,540$9.8%4.4%
199827,620€31,185$12.0%11.0%
199724,670€28,091$13.5%0.6%
199621,730€27,914$6.6%4.5%
199520,380€26,712$2.4%10.6%
199419,900€24,143$0.5%1.7%
199319,800€23,749$-3.9%-13.3%
199220,600€27,383$-3.3%0.7%
199121,300€27,183$8.1%6.0%
199019,700€25,651$-2.0%13.3%
198920,100€22,647$-1.5%-8.8%
198820,400€24,840$6.3%9.0%
198719,200€22,796$17.1%37.4%
198616,400€16,586$2.5%32.5%
198516,000€12,517$6.7%3.1%
198415,000€12,139$15.4%2.3%
198313,000€11,865$-6.5%-15.3%
198213,900€14,009$3.7%-9.4%
198113,400€15,455$27.6%2.1%
198010,500€15,133$15.4%20.2%
19799,100€12,592$4.6%12.4%
19788,700€11,204$1.2%12.7%
19778,600€9,938$28.4%31.4%
19766,700€7,564$31.4%17.7%
19755,100€6,426$-8.2%
19747,003$29.5%
19735,410$35.7%
19723,987$23.2%
19713,237$25.7%
19702,575$26.7%
19692,032$-13.2%
19682,340$-24.5%
19673,102$-2.7%
19663,189$18.1%
19652,701$18.6%
19642,278$25.5%
19631,816$17.3%
19621,548$10.2%
19611,405$0.3%
19601,401$
Evolution: GDP growth rate at constant prices Iceland
Evolution: GDP per capita Iceland
GDP Iceland