Gross Domestic Product of Iceland grew 0.1% in 1995 compared to last year. This rate is 35 -tenths of one percent less than the figure of 3.6% published in 1994.
The GDP figure in 1995 was €5,442$7,124 million, Iceland is number 30 in the ranking of GDP of the 38 countries that we publish. The absolute value of GDP in Iceland rose €144$731 million with respect to 1994.
The GDP per capita of Iceland in 1995 was €20,350$26,682, €450$2,564 higher than in 1994, it was €19,900$24,118. 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 1985 when the GDP per capita in Iceland was €16,000$12,506.
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 14th out of the 38 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.