Gross Domestic Product of Iceland grew 4.9% in 2018 compared to last year. This rate is 7 -tenths of one percent higher than the figure of 4.2% published in 2017.
The GDP figure in 2018 was €22,238$26,264 million, Iceland is number 105 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland rose €320$1,536 million with respect to 2017.
The GDP per capita of Iceland in 2018 was €63,050$75,374, €780$2,289 less than in 2017, when it was €63,830$73,085. 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 2008 when the GDP per capita in Iceland was €34,600$57,296.
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 7th 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.