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.