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.