GDP (constant 2015 US$), per unit of GDP in Iceland

Iceland: GDP (constant 2015 US$), per unit of GDP was 0.5991 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.5991 constant 2015 US$ per US$ of GDP
Change on year
down 12.9%
World rank
191st
of 210 countries
All-time high
9.57 constant 2015 US$ per US$ of GDP
in 1960
All-time low
0.5991 constant 2015 US$ per US$ of GDP
in 2025
Years of data
66
1960–2025

GDP (constant 2015 US$), per unit of GDP in Iceland, 1960–2025

0246810196019922025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Iceland recorded 0.5991 constant 2015 US$ per US$ of GDP for gdp (constant 2015 us$), per unit of gdp in 2025. That is the lowest value across all 66 years on record.

That represents a change of down 12.9% on the previous year and down 40.1% over ten years.

Over the whole period, gdp (constant 2015 us$), per unit of gdp in Iceland peaked at 9.57 constant 2015 US$ per US$ of GDP in 1960 and was at its lowest, 0.5991 constant 2015 US$ per US$ of GDP, in 2025.

That places Iceland 191st out of 210 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.

GDP (constant 2015 US$), per unit of GDP in Iceland, year by year

Annual values for GDP (constant 2015 US$), per unit of GDP in Iceland, 1960 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1960 9.57 constant 2015 US$ per US$ of GDP
1961 9.35 constant 2015 US$ per US$ of GDP -2.2%
1962 9.03 constant 2015 US$ per US$ of GDP -3.5%
1963 8.34 constant 2015 US$ per US$ of GDP -7.6%
1964 7.18 constant 2015 US$ per US$ of GDP -14.0%
1965 6.39 constant 2015 US$ per US$ of GDP -11.0%
1966 5.78 constant 2015 US$ per US$ of GDP -9.4%
1967 5.78 constant 2015 US$ per US$ of GDP -0.0%
1968 7.15 constant 2015 US$ per US$ of GDP +23.7%
1969 8.38 constant 2015 US$ per US$ of GDP +17.1%
1970 7.2 constant 2015 US$ per US$ of GDP -14.1%
1971 6.39 constant 2015 US$ per US$ of GDP -11.2%
1972 5.42 constant 2015 US$ per US$ of GDP -15.2%
1973 4.21 constant 2015 US$ per US$ of GDP -22.3%
1974 3.39 constant 2015 US$ per US$ of GDP -19.5%
1975 3.68 constant 2015 US$ per US$ of GDP +8.4%
1976 3.28 constant 2015 US$ per US$ of GDP -10.7%
1977 2.7 constant 2015 US$ per US$ of GDP -17.7%
1978 2.52 constant 2015 US$ per US$ of GDP -6.8%
1979 2.32 constant 2015 US$ per US$ of GDP -7.7%
1980 2.07 constant 2015 US$ per US$ of GDP -10.8%
1981 2.09 constant 2015 US$ per US$ of GDP +0.9%
1982 2.33 constant 2015 US$ per US$ of GDP +11.3%
1983 2.64 constant 2015 US$ per US$ of GDP +13.4%
1984 2.66 constant 2015 US$ per US$ of GDP +0.5%
1985 2.63 constant 2015 US$ per US$ of GDP -0.8%
1986 2.09 constant 2015 US$ per US$ of GDP -20.5%
1987 1.64 constant 2015 US$ per US$ of GDP -21.6%
1988 1.48 constant 2015 US$ per US$ of GDP -9.7%
1989 1.6 constant 2015 US$ per US$ of GDP +7.9%
1990 1.42 constant 2015 US$ per US$ of GDP -11.3%
1991 1.33 constant 2015 US$ per US$ of GDP -6.6%
1992 1.25 constant 2015 US$ per US$ of GDP -5.7%
1993 1.44 constant 2015 US$ per US$ of GDP +15.4%
1994 1.45 constant 2015 US$ per US$ of GDP +0.8%
1995 1.31 constant 2015 US$ per US$ of GDP -10.2%
1996 1.31 constant 2015 US$ per US$ of GDP +0.2%
1997 1.36 constant 2015 US$ per US$ of GDP +3.7%
1998 1.3 constant 2015 US$ per US$ of GDP -4.4%
1999 1.28 constant 2015 US$ per US$ of GDP -1.5%
2000 1.34 constant 2015 US$ per US$ of GDP +4.5%
2001 1.53 constant 2015 US$ per US$ of GDP +14.0%
2002 1.36 constant 2015 US$ per US$ of GDP -11.1%
2003 1.13 constant 2015 US$ per US$ of GDP -16.7%
2004 1.01 constant 2015 US$ per US$ of GDP -10.9%
2005 0.877 constant 2015 US$ per US$ of GDP -12.8%
2006 0.8992 constant 2015 US$ per US$ of GDP +2.5%
2007 0.7868 constant 2015 US$ per US$ of GDP -12.5%
2008 0.963 constant 2015 US$ per US$ of GDP +22.4%
2009 1.22 constant 2015 US$ per US$ of GDP +26.6%
2010 1.13 constant 2015 US$ per US$ of GDP -7.2%
2011 1.04 constant 2015 US$ per US$ of GDP -8.3%
2012 1.08 constant 2015 US$ per US$ of GDP +4.2%
2013 1.03 constant 2015 US$ per US$ of GDP -4.7%
2014 0.9449 constant 2015 US$ per US$ of GDP -8.3%
2015 1 constant 2015 US$ per US$ of GDP +5.8%
2016 0.8917 constant 2015 US$ per US$ of GDP -10.8%
2017 0.7764 constant 2015 US$ per US$ of GDP -12.9%
2018 0.7633 constant 2015 US$ per US$ of GDP -1.7%
2019 0.8243 constant 2015 US$ per US$ of GDP +8.0%
2020 0.8725 constant 2015 US$ per US$ of GDP +5.9%
2021 0.7708 constant 2015 US$ per US$ of GDP -11.7%
2022 0.7545 constant 2015 US$ per US$ of GDP -2.1%
2023 0.7293 constant 2015 US$ per US$ of GDP -3.3%
2024 0.6878 constant 2015 US$ per US$ of GDP -5.7%
2025 0.5991 constant 2015 US$ per US$ of GDP -12.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 7.7 constant 2015 US$ per US$ of GDP 5.78 constant 2015 US$ per US$ of GDP 9.57 constant 2015 US$ per US$ of GDP 10
1970s 4.11 constant 2015 US$ per US$ of GDP 2.32 constant 2015 US$ per US$ of GDP 7.2 constant 2015 US$ per US$ of GDP 10
1980s 2.12 constant 2015 US$ per US$ of GDP 1.48 constant 2015 US$ per US$ of GDP 2.66 constant 2015 US$ per US$ of GDP 10
1990s 1.34 constant 2015 US$ per US$ of GDP 1.25 constant 2015 US$ per US$ of GDP 1.45 constant 2015 US$ per US$ of GDP 10
2000s 1.11 constant 2015 US$ per US$ of GDP 0.7868 constant 2015 US$ per US$ of GDP 1.53 constant 2015 US$ per US$ of GDP 10
2010s 0.9481 constant 2015 US$ per US$ of GDP 0.7633 constant 2015 US$ per US$ of GDP 1.13 constant 2015 US$ per US$ of GDP 10
2020s 0.7357 constant 2015 US$ per US$ of GDP 0.5991 constant 2015 US$ per US$ of GDP 0.8725 constant 2015 US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 188 Latvia 0.642 constant 2015 US$ per US$ of GDP compare
  2. 189 Russia 0.6392 constant 2015 US$ per US$ of GDP compare
  3. 190 Lithuania 0.5996 constant 2015 US$ per US$ of GDP compare
  4. 192 Armenia 0.5981 constant 2015 US$ per US$ of GDP compare
  5. 193 Montenegro 0.5926 constant 2015 US$ per US$ of GDP compare
  6. 194 Estonia 0.5893 constant 2015 US$ per US$ of GDP compare

See the full ranking of 258 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp (constant 2015 us$), per unit of gdp in Iceland?
Gdp (constant 2015 us$), per unit of gdp in Iceland was 0.5991 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gdp (constant 2015 us$), per unit of gdp recorded in Iceland?
The highest recorded value was 9.57 constant 2015 US$ per US$ of GDP in 1960.
What is the lowest gdp (constant 2015 us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.5991 constant 2015 US$ per US$ of GDP in 2025.
How does Iceland rank for gdp (constant 2015 us$), per unit of gdp?
Iceland ranks 191st out of 210 countries with data for 2025.
Is gdp (constant 2015 us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 40.1%. 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 GDP (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (constant 2015 US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-constant-2015-us-per-unit-of-gdp/iceland/

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How this figure is calculated

GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP (constant 2015 US$) ÷ GDP (current US$)

Computed from

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

Indicator
GDP (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
258 places, 14,390 data points, 1960–2025
Last refreshed

GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.