Gross Domestic Product of Iceland grew 1.3% in 1993 compared to last year. This rate is 47 -tenths of one percent higher than the figure of -3.4% published in 1992.
The GDP figure in 1993 was €5,226$6,225 million, Iceland is number 28 in the ranking of GDP of the 36 countries that we publish. The absolute value of GDP in Iceland dropped €151$880 million with respect to 1992.
The GDP per capita of Iceland in 1993 was €19,800$23,726, €800$3,631 less than in 1992, when it was €20,600$27,357. 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 1983 when the GDP per capita in Iceland was €13,000$11,857.
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 11th out of the 36 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.