Iceland: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series

GDP, billion currency units

 Latest value 1032.75
 Reference Q1 2024
 Measure billion Icelandic Krona
 Data availability Q1 1995 - Q1 2024
 Average 443.85
 Min - Max 106.45 - 1121.98
 Source Statistics Iceland
For that indicator, we provide data for Iceland from Q1 1995 to Q1 2024. The average value for Iceland during that period was 443.85 billion Icelandic Krona with a minimum of 106.45 billion Icelandic Krona in Q1 1995 and a maximum of 1121.98 billion Icelandic Krona in Q3 2023. Click on the following link to see the values of GDP, billion currency units around the world.
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* indicates monthly or quarterly data series

Recent values chart
Iceland - Gross Domestic Product (GDP) - recent values

Historical chart
Iceland - Gross Domestic Product (GDP) - historical chart - 1995-2024
Measure: billion Icelandic Krona
Source: Statistics Iceland

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Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.

 Related indicators Latest value Reference Measure
 Economic growth 7.24 2022 percent
 GDP, constant dollars 21.6 2022 billion U.S. dollars
 GDP, current U.S. dollars 28.06 2022 billion U.S. dollars
 GDP per capita, current dollars 73,466.78 2022 U.S. dollars
 GDP per capita, PPP 55,567 2022 U.S. dollars
 GDP per capita, constant dollars 56,429.30 2022 U.S. dollars
 Productivity, relative to the U.S. 98.52 2022 index points
 Productivity, current USD 90.1 2022 USD per hour worked
 Economic growth, quarterly 2.10 Q3/2023 percent
 Economic growth Q-on-Q -2.50 Q3/2023 percent
 Gross Domestic Product (GDP) 1,121.98 Q3/2023 billion
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