Gross Domestic Product of Iceland grew 8.9% in 2022 compared to last year. This rate is 38 -tenths of one percent higher than the figure of 5.1% published in 2021.
The GDP figure in 2022 was €27,297$28,065 million, Iceland is number 109 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Iceland rose €5,478$2,469 million with respect to 2021.
The GDP per capita of Iceland in 2022 was €71,460$74,591, €12,890$5,186 higher than in 2021, it was €58,570$69,405. 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 2012 when the GDP per capita in Iceland was €35,800$46,160.
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 10th 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.