Gross Domestic Product of Iceland grew 4.9% in 1979 compared to last year. This rate is 11 -tenths of one percent less than the figure of 6% published in 1978.
The GDP figure in 1979 was €2,048$2,853 million, Iceland is number 16 in the ranking of GDP of the 22 countries that we publish. The absolute value of GDP in Iceland rose €112$341 million with respect to 1978.
The GDP per capita of Iceland in 1979 was €9,100$12,573, €400$1,386 higher than in 1978, it was €8,700$11,187.
If we order the countries according to their GDP per capita, Iceland is very well positioned in terms of the standard of living of its population, coming 7th out of the 22 countries whose 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.