Gross Domestic Product of Iceland grew 3.3% in 1985 compared to last year. This rate is 8 -tenths of one percent less than the figure of 4.1% published in 1984.
The GDP figure in 1985 was €3,857$3,009 million, Iceland is number 20 in the ranking of GDP of the 26 countries that we publish. The absolute value of GDP in Iceland rose €262$117 million with respect to 1984.
The GDP per capita of Iceland in 1985 was €16,000$12,506, €1,000$376 higher than in 1984, it was €15,000$12,130. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 1975 when the GDP per capita in Iceland was €5,100$6,416.
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 6th out of the 26 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.