Gross Domestic Product of Iceland grew 1.1% in 2012 compared to last year. This rate is 7 -tenths of one percent less than the figure of 1.8% published in 2011.
The GDP figure in 2012 was €11,480$14,752 million, Iceland is number 123 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland rose €546$470 million with respect to 2011.
The GDP per capita of Iceland in 2012 was €35,800$46,160, €1,520$1,639 higher than in 2011, it was €34,280$47,799. 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 2002 when the GDP per capita in Iceland was €34,460$32,516.
If we order the countries according to their GDP per capita, Iceland is well positioned in terms of the standard of living of its population, coming 20th out of the 196 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.