Iceland Iceland GDP - Gross Domestic Product

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GDP Iceland 1991

Icelanders GDP shrinks compared to previous year

Gross Domestic Product of Iceland fell -0.2% in 1991 compared to last year. This rate is 14 -tenths of one percent less than the previous year, when changed 1.2%.

The GDP figure in 1991 was €5,501$6,949 million, Iceland is number 24 in the ranking of GDP of the 34 countries that we publish. The absolute value of GDP in Iceland rose €484$445 million with respect to 1990.

The GDP per capita of Iceland in 1991 was €21,300$27,160, €1,600$1,531 higher than in 1990, it was €19,700$25,629. 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 1981 when the GDP per capita in Iceland was €13,400$15,449.

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 9th out of the 34 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.

Quarterly GDP at market prices 1991
DateQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
1991Q4-1.0%-1.6%
1991Q3-0.6%-0.3%
1991Q2-0.1%0.6%
1991Q10.1%1.1%
< GDP Iceland 1990GDP Iceland 1992 >
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
1991€5,501M$6,949M-0.2%
1990€5,017M$6,504M1.2%
1989€5,072M$5,700M0.3%
1988€5,099M$6,145M-0.1%
1987€4,716M$5,561M8.5%
1986€3,998M$4,014M6.3%
1985€3,857M$3,009M3.3%
1984€3,595M$2,892M4.1%
1983€3,079M$2,793M-2.2%
1982€3,246M$3,251M2.2%
1981€3,095M$3,543M4.3%
1980€2,400M$3,434M6.0%
1979€2,048M$2,853M4.9%
1978€1,936M$2,512M6.0%
1977€1,905M$2,209M8.8%
1976€1,472M$1,669M6.0%
1975€1,119M$1,407M0.6%
1974$1,515M5.7%
1973$1,154M6.8%
1972$840M6.2%
1971$670M13.1%
1970$527M7.5%
1969$415M2.4%
1968$474M-5.5%
1967$621M-1.3%
1966$629M8.7%
1965$524M7.3%
1964$434M9.9%
1963$340M10.3%
1962$285M8.3%
1961$254M-0.1%
1960$248M
Evolution: GDP per capita Iceland
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
1991€21,300$27,1608.1%6.0%
1990€19,700$25,629-2.0%13.3%
1989€20,100$22,627-1.5%-8.8%
1988€20,400$24,8206.3%9.0%
1987€19,200$22,77717.1%37.4%
1986€16,400$16,5722.5%32.5%
1985€16,000$12,5066.7%3.1%
1984€15,000$12,13015.4%2.3%
1983€13,000$11,857-6.5%-15.3%
1982€13,900$14,0033.7%-9.4%
1981€13,400$15,44927.6%2.1%
1980€10,500$15,12915.4%20.3%
1979€9,100$12,5734.6%12.4%
1978€8,700$11,1871.2%12.7%
1977€8,600$9,92428.4%31.4%
1976€6,700$7,55331.4%17.7%
1975€5,100$6,416-8.2%
1974$6,99229.5%
1973$5,40235.7%
1972$3,98123.2%
1971$3,23225.7%
1970$2,57126.5%
1969$2,032-13.2%
1968$2,340-24.5%
1967$3,102-2.7%
1966$3,18918.1%
1965$2,70118.6%
1964$2,27825.5%
1963$1,81517.2%
1962$1,54910.3%
1961$1,4050.2%
1960$1,401
Evolution: GDP growth rate at constant prices Iceland
Evolution: GDP per capita Iceland
GDP Iceland