Adjusted net national income in Iceland
Iceland: Adjusted net national income was 15.57 billion constant 2015 US$ in 2021. ▲ Rising
Adjusted net national income in Iceland, 2011–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for adjusted net national income in Iceland is 15.57 billion constant 2015 US$, measured in 2021.
Compared with earlier readings it is up 2.9% on the previous year and up 48.8% over ten years.
Over the whole period, adjusted net national income in Iceland peaked at 16.91 billion constant 2015 US$ in 2019 and was at its lowest, 10.46 billion constant 2015 US$, in 2011.
Iceland ranks 97th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Adjusted net national income in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2011 | 10.46 billion constant 2015 US$ | — |
| 2012 | 10.85 billion constant 2015 US$ | +3.7% |
| 2013 | 12.50 billion constant 2015 US$ | +15.2% |
| 2014 | 12.95 billion constant 2015 US$ | +3.6% |
| 2015 | 13.98 billion constant 2015 US$ | +8.0% |
| 2016 | 14.94 billion constant 2015 US$ | +6.8% |
| 2017 | 15.64 billion constant 2015 US$ | +4.7% |
| 2018 | 15.60 billion constant 2015 US$ | -0.3% |
| 2019 | 16.91 billion constant 2015 US$ | +8.4% |
| 2020 | 15.14 billion constant 2015 US$ | -10.5% |
| 2021 | 15.57 billion constant 2015 US$ | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.76 billion constant 2015 US$ | 10.46 billion constant 2015 US$ | 16.91 billion constant 2015 US$ | 9 |
| 2020s | 15.36 billion constant 2015 US$ | 15.14 billion constant 2015 US$ | 15.57 billion constant 2015 US$ | 2 |
Countries ranked near Iceland
- 94 El Salvador 20.53 billion constant 2015 US$ compare
- 95 Cyprus 19.98 billion constant 2015 US$ compare
- 96 Bosnia and Herzegovina 17.13 billion constant 2015 US$ compare
- 98 Georgia 15.51 billion constant 2015 US$ compare
- 99 Haiti 14.23 billion constant 2015 US$ compare
- 100 Benin 14.12 billion constant 2015 US$ compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 92.99 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 9.14 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 13.17 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2431 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income in Iceland?
- Adjusted net national income in Iceland was 15.57 billion constant 2015 US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Iceland?
- The highest recorded value was 16.91 billion constant 2015 US$ in 2019.
- What is the lowest adjusted net national income recorded in Iceland?
- The lowest recorded value was 10.46 billion constant 2015 US$ in 2011.
- How does Iceland rank for adjusted net national income?
- Iceland ranks 97th out of 151 countries with data for 2021.
- Is adjusted net national income rising or falling in Iceland?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.