Gross Domestic Product of Iceland grew 2.1% in 2003 compared to last year. This rate is 15 -tenths of one percent higher than the figure of 0.6% published in 2002.
The GDP figure in 2003 was €10,118$11,429 million, Iceland is number 97 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Iceland rose €207$2,111 million with respect to 2002.
The GDP per capita of Iceland in 2003 was €34,970$39,620, €510$7,104 higher than in 2002, it was €34,460$32,516. 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 1993 when the GDP per capita in Iceland was €19,800$23,726.
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 195 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.