Adjusted net national income (current US$), annual growth rate in Iceland
Iceland: Adjusted net national income (current US$), annual growth rate was 14.77 % change on previous year in 2021. ◆ Volatile
Adjusted net national income (current US$), annual growth rate in Iceland, 2012–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, adjusted net national income (current us$), annual growth rate in Iceland stood at 14.77 % change on previous year.
That represents a change of up 197.7% on the previous year and up 1,175.0% over ten years.
Over the whole period, adjusted net national income (current us$), annual growth rate in Iceland peaked at 22.24 % change on previous year in 2013 and was at its lowest, -15.12 % change on previous year, in 2020.
That places Iceland 50th out of 183 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (current US$), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2012 | 1.16 % change on previous year | — |
| 2013 | 22.24 % change on previous year | +1819.8% |
| 2014 | 11.63 % change on previous year | -47.7% |
| 2015 | -1.06 % change on previous year | -109.1% |
| 2016 | 19.74 % change on previous year | -1960.1% |
| 2017 | 19.44 % change on previous year | -1.5% |
| 2018 | 3.05 % change on previous year | -84.3% |
| 2019 | 0.5745 % change on previous year | -81.2% |
| 2020 | -15.12 % change on previous year | -2731.1% |
| 2021 | 14.77 % change on previous year | -197.7% |
Iceland compared with similar countries
- Iceland's 14.77 % change on previous year is above the median for high income countries, which is 12.78 % change on previous year, 1.2× the median. (59 countries reporting)
- Iceland's 14.77 % change on previous year is above the median for Europe & Central Asia, which is 13.43 % change on previous year, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.6 % change on previous year | -1.06 % change on previous year | 22.24 % change on previous year | 8 |
| 2020s | -0.1733 % change on previous year | -15.12 % change on previous year | 14.77 % change on previous year | 2 |
Countries ranked near Iceland
- 47 Sweden 15.05 % change on previous year compare
- 48 Niger 14.87 % change on previous year compare
- 49 Chile 14.87 % change on previous year compare
- 51 Mexico 14.65 % change on previous year compare
- 52 France 14.64 % change on previous year compare
- 53 Australia 14.33 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is adjusted net national income (current us$), annual growth rate in Iceland?
- Adjusted net national income (current us$), annual growth rate in Iceland was 14.77 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted net national income (current us$), annual growth rate recorded in Iceland?
- The highest recorded value was 22.24 % change on previous year in 2013.
- What is the lowest adjusted net national income (current us$), annual growth rate recorded in Iceland?
- The lowest recorded value was -15.12 % change on previous year in 2020.
- How does Iceland rank for adjusted net national income (current us$), annual growth rate?
- Iceland ranks 50th out of 183 countries with data for 2021.
- Is adjusted net national income (current us$), annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 1,175.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Adjusted net national income (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted net national income Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.