Annual growth rate of real GDP per employed person in Iceland
Iceland: Annual growth rate of real GDP per employed person was 0.2% in 2025. ◆ Volatile
Latest (2025)
0.2%
Change on year
up 106.8%
World rank
164th
of 200 countries
All-time high
7.8%
in 2004
All-time low
-3.7%
in 2020
Years of data
26
2000–2025
Annual growth rate of real GDP per employed person in Iceland, 2000–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Iceland recorded 0.2% for annual growth rate of real gdp per employed person in 2025.
The figure is up 106.8% on the previous year and down 80.0% over ten years.
Over the whole period, annual growth rate of real gdp per employed person in Iceland peaked at 7.8% in 2004 and was at its lowest, -3.7%, in 2020.
Iceland ranks 164th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per employed person in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.0% | — |
| 2001 | 2.5% | +144.2% |
| 2002 | 2.0% | -21.7% |
| 2003 | 1.5% | -24.1% |
| 2004 | 7.8% | +413.9% |
| 2005 | 3.1% | -60.1% |
| 2006 | 1.9% | -38.7% |
| 2007 | 4.2% | +120.0% |
| 2008 | 1.8% | -58.1% |
| 2009 | -1.7% | -196.6% |
| 2010 | -2.1% | +24.9% |
| 2011 | 1.5% | -171.1% |
| 2012 | -0.9% | -157.3% |
| 2013 | 1.9% | -319.8% |
| 2014 | -1.5% | -181.5% |
| 2015 | 1.1% | -171.4% |
| 2016 | 2.4% | +116.4% |
| 2017 | 1.8% | -24.4% |
| 2018 | 2.8% | +57.2% |
| 2019 | 0.5% | -83.4% |
| 2020 | -3.7% | -883.0% |
| 2021 | 4.2% | -212.8% |
| 2022 | 2.4% | -43.4% |
| 2023 | 2.1% | -8.5% |
| 2024 | -3.2% | -250.2% |
| 2025 | 0.2% | -106.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | -1.7% | 7.8% | 10 |
| 2010s | 0.7% | -2.1% | 2.8% | 10 |
| 2020s | 0.3% | -3.7% | 4.2% | 6 |
Countries ranked near Iceland
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 annual growth rate of real gdp per employed person in Iceland?
- Annual growth rate of real gdp per employed person in Iceland was 0.2% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per employed person recorded in Iceland?
- The highest recorded value was 7.8% in 2004.
- What is the lowest annual growth rate of real gdp per employed person recorded in Iceland?
- The lowest recorded value was -3.7% in 2020.
- How does Iceland rank for annual growth rate of real gdp per employed person?
- Iceland ranks 164th out of 200 countries with data for 2025.
- Is annual growth rate of real gdp per employed person rising or falling in Iceland?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per employed person (%). Statizoid updates them automatically from the source API.
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