Iceland Iceland GDP - Gross Domestic Product

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GDP Iceland 2015

GDP grows 4.4% in Iceland

Gross Domestic Product of Iceland grew 4.4% in 2015 compared to last year. This rate is 27 -tenths of one percent higher than the figure of 1.7% published in 2014.

The GDP figure in 2015 was €15,795$17,517 million, Iceland is number 114 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland rose €2,322$351 million with respect to 2014.

The GDP per capita of Iceland in 2015 was €47,750$53,228, €6,600$1,636 higher than in 2014, it was €41,150$54,864. 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 2005 when the GDP per capita in Iceland was €45,850$57,406.

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 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.

Quarterly GDP at market prices 2015
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2015Q4€4,196M$4,594M1.8%5.3%
2015Q3€3,735M$4,152M0.7%1.9%
2015Q2€3,701M$4,091M3.7%6.7%
2015Q1€3,539M$3,985M0.1%3.1%
< GDP Iceland 2014GDP Iceland 2016 >
Quaterly GDP Per Capita 2015
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2015Q412,617K11.2%21.9%$13,8146.8%9.5%
2015Q311,349K0.9%10.0%$12,616-7.8%1.5%
2015Q211,246K4.6%17.4%$12,430-5.3%2.7%
2015Q110,753K3.9%18.2%$12,109-2.9%-6.4%
< GDP Iceland 2014GDP Iceland 2016 >
Evolution: Annual GDP Iceland
DateAnnual GDPAnnual GDPGDP Growth (%)
2015€15,795M$17,517M4.4%
2014€13,473M$17,868M1.7%
2013€12,133M$16,125M4.6%
2012€11,480M$14,752M1.1%
2011€10,934M$15,222M1.8%
2010€10,383M$13,751M-2.8%
2009€9,419M$13,154M-7.7%
2008€11,052M$18,075M2.2%
2007€15,827M$21,653M8.5%
2006€13,967M$17,465M6.3%
2005€13,568M$16,853M6.1%
2004€11,136M$13,825M7.8%
2003€10,118M$11,429M2.1%
2002€9,911M$9,318M0.6%
2001€9,177M$8,235M4.0%
2000€9,776M$9,026M5.0%
1999€8,418M$8,982M4.0%
1998€7,571M$8,504M7.4%
1997€6,672M$7,570M5.8%
1996€5,833M$7,426M4.6%
1995€5,442M$7,124M0.1%
1994€5,298M$6,393M3.6%
1993€5,226M$6,225M1.3%
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
2015€47,750$53,22816.0%-3.0%
2014€41,150$54,8649.8%9.5%
2013€37,470$50,1004.7%8.5%
2012€35,800$46,1604.4%-3.4%
2011€34,280$47,7995.0%10.4%
2010€32,650$43,29310.6%5.1%
2009€29,510$41,189-14.7%-28.1%
2008€34,600$57,296-31.9%-18.6%
2007€50,830$70,37510.7%20.8%
2006€45,900$58,2390.1%1.5%
2005€45,850$57,40620.5%20.7%
2004€38,060$47,5808.8%20.1%
2003€34,970$39,6201.5%21.9%
2002€34,460$32,5167.1%11.9%
2001€32,190$29,061-7.4%-10.2%
2000€34,770$32,34414.5%-0.7%
1999€30,370$32,5789.8%4.4%
1998€27,650$31,22012.3%11.3%
1997€24,630$28,04913.6%1.2%
1996€21,690$27,7146.6%3.9%
1995€20,350$26,6822.3%10.6%
1994€19,900$24,1180.5%1.7%
1993€19,800$23,726-3.9%-13.3%
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