Iceland Iceland GDP - Gross Domestic Product

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GDP Iceland 1992

Icelanders GDP shrinks compared to previous year

Gross Domestic Product of Iceland fell -3.4% in 1992 compared to last year. This rate is 32 -tenths of one percent less than the previous year, when changed -0.2%.

The GDP figure in 1992 was €5,377$7,105 million, Iceland is number 25 in the ranking of GDP of the 35 countries that we publish. The absolute value of GDP in Iceland dropped €124$156 million with respect to 1991.

The GDP per capita of Iceland in 1992 was €20,600$27,357, €700$197 less than in 1991, when it was €21,300$27,160. 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 1982 when the GDP per capita in Iceland was €13,900$14,003.

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 35 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 1992
DateQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
1992Q40.0%-2.5%
1992Q3-0.5%-3.5%
1992Q2-1.0%-3.6%
1992Q1-1.1%-2.8%
< GDP Iceland 1991GDP Iceland 1993 >
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
1992€5,377M$7,105M-3.4%
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
1992€20,600$27,357-3.3%0.7%
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