Gross Domestic Product of Iceland grew 6.3% in 1986 compared to last year. This rate is 30 -tenths of one percent higher than the figure of 3.3% published in 1985.
The GDP figure in 1986 was €3,998$4,014 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 €141$1,005 million with respect to 1985.
The GDP per capita of Iceland in 1986 was €16,400$16,572, €400$4,066 higher than in 1985, it was €16,000$12,506. 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 1976 when the GDP per capita in Iceland was €6,700$7,553.
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 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.