GBARD by socioeconomic objectives (NABS 2007) in Iceland
Iceland: GBARD by socioeconomic objectives (NABS 2007) was 356.87 Million euro in 2025. ◆ Volatile
Latest (2025)
356.87 Million euro
Change on year
up 11.9%
World rank
46th
of 51 countries
All-time high
356.87 Million euro
in 2025
All-time low
89.49 Million euro
in 2013
Years of data
22
2004–2025
GBARD by socioeconomic objectives in Iceland, 2004–2025
Source: Eurostat. Measured in Million euro.
Analysis
Iceland recorded 356.87 Million euro for gbard by socioeconomic objectives in 2025. That is the highest value across all 22 years on record.
That represents a change of up 11.9% on the previous year and up 205.2% over ten years.
Over the whole period, gbard by socioeconomic objectives in Iceland peaked at 356.87 Million euro in 2025 and was at its lowest, 89.49 Million euro, in 2013.
That places Iceland 46th out of 51 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GBARD by socioeconomic objectives (NABS 2007) in Iceland, year by year
| Year | Million euro | Change |
|---|---|---|
| 2004 | 94.41 Million euro | — |
| 2005 | 115.2 Million euro | +22.0% |
| 2006 | 115.2 Million euro | -0.0% |
| 2007 | 127.63 Million euro | +10.8% |
| 2008 | 95.2 Million euro | -25.4% |
| 2009 | 94.44 Million euro | -0.8% |
| 2010 | 97.89 Million euro | +3.7% |
| 2011 | 102.58 Million euro | +4.8% |
| 2012 | 111.4 Million euro | +8.6% |
| 2013 | 89.49 Million euro | -19.7% |
| 2014 | 97.11 Million euro | +8.5% |
| 2015 | 116.92 Million euro | +20.4% |
| 2016 | 152.97 Million euro | +30.8% |
| 2017 | 179.89 Million euro | +17.6% |
| 2018 | 189.78 Million euro | +5.5% |
| 2019 | 182.86 Million euro | -3.6% |
| 2020 | 195.59 Million euro | +7.0% |
| 2021 | 255.09 Million euro | +30.4% |
| 2022 | 294.31 Million euro | +15.4% |
| 2023 | 318.02 Million euro | +8.1% |
| 2024 | 318.92 Million euro | +0.3% |
| 2025 | 356.87 Million euro | +11.9% |
Iceland compared with similar countries
- Iceland's 356.87 Million euro is below the median for Europe & Central Asia, which is 1,276 Million euro, 28% of the median. (33 countries reporting)
- Iceland's 356.87 Million euro is below the median for high income countries, which is 2,883 Million euro, 12% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 107.01 Million euro | 94.41 Million euro | 127.63 Million euro | 6 |
| 2010s | 132.09 Million euro | 89.49 Million euro | 189.78 Million euro | 10 |
| 2020s | 289.8 Million euro | 195.59 Million euro | 356.87 Million euro | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gbard by socioeconomic objectives in Iceland?
- Gbard by socioeconomic objectives in Iceland was 356.87 Million euro in 2025, according to Eurostat.
- What is the highest gbard by socioeconomic objectives recorded in Iceland?
- The highest recorded value was 356.87 Million euro in 2025.
- What is the lowest gbard by socioeconomic objectives recorded in Iceland?
- The lowest recorded value was 89.49 Million euro in 2013.
- How does Iceland rank for gbard by socioeconomic objectives?
- Iceland ranks 46th out of 51 countries with data for 2025.
- Is gbard by socioeconomic objectives rising or falling in Iceland?
- Over the last ten years it is up 205.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of GBARD by socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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