GDP (constant LCU), per unit of GDP in Iceland
Iceland: GDP (constant LCU), per unit of GDP was 92.99 constant LCU per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
92.99 constant LCU per US$ of GDP
Change on year
down 12.9%
World rank
51st
of 212 countries
All-time high
1,485 constant LCU per US$ of GDP
in 1960
All-time low
92.99 constant LCU per US$ of GDP
in 2025
Years of data
66
1960–2025
GDP (constant LCU), per unit of GDP in Iceland, 1960–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Iceland recorded 92.99 constant LCU per US$ of GDP for gdp (constant lcu), per unit of gdp in 2025. That is the lowest value across all 66 years on record.
The figure is down 12.9% on the previous year and down 40.1% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Iceland peaked at 1,485 constant LCU per US$ of GDP in 1960 and was at its lowest, 92.99 constant LCU per US$ of GDP, in 2025.
Iceland ranks 51st of 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), per unit of GDP in Iceland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 1,485 constant LCU per US$ of GDP | — |
| 1961 | 1,452 constant LCU per US$ of GDP | -2.2% |
| 1962 | 1,401 constant LCU per US$ of GDP | -3.5% |
| 1963 | 1,295 constant LCU per US$ of GDP | -7.6% |
| 1964 | 1,114 constant LCU per US$ of GDP | -14.0% |
| 1965 | 991.27 constant LCU per US$ of GDP | -11.0% |
| 1966 | 897.68 constant LCU per US$ of GDP | -9.4% |
| 1967 | 897.31 constant LCU per US$ of GDP | -0.0% |
| 1968 | 1,110 constant LCU per US$ of GDP | +23.7% |
| 1969 | 1,301 constant LCU per US$ of GDP | +17.1% |
| 1970 | 1,117 constant LCU per US$ of GDP | -14.1% |
| 1971 | 992.39 constant LCU per US$ of GDP | -11.2% |
| 1972 | 841.11 constant LCU per US$ of GDP | -15.2% |
| 1973 | 653.4 constant LCU per US$ of GDP | -22.3% |
| 1974 | 526.24 constant LCU per US$ of GDP | -19.5% |
| 1975 | 570.42 constant LCU per US$ of GDP | +8.4% |
| 1976 | 509.33 constant LCU per US$ of GDP | -10.7% |
| 1977 | 418.99 constant LCU per US$ of GDP | -17.7% |
| 1978 | 390.56 constant LCU per US$ of GDP | -6.8% |
| 1979 | 360.52 constant LCU per US$ of GDP | -7.7% |
| 1980 | 321.71 constant LCU per US$ of GDP | -10.8% |
| 1981 | 324.72 constant LCU per US$ of GDP | +0.9% |
| 1982 | 361.34 constant LCU per US$ of GDP | +11.3% |
| 1983 | 409.9 constant LCU per US$ of GDP | +13.4% |
| 1984 | 412.14 constant LCU per US$ of GDP | +0.5% |
| 1985 | 408.65 constant LCU per US$ of GDP | -0.8% |
| 1986 | 324.82 constant LCU per US$ of GDP | -20.5% |
| 1987 | 254.81 constant LCU per US$ of GDP | -21.6% |
| 1988 | 230.14 constant LCU per US$ of GDP | -9.7% |
| 1989 | 248.39 constant LCU per US$ of GDP | +7.9% |
| 1990 | 220.37 constant LCU per US$ of GDP | -11.3% |
| 1991 | 205.84 constant LCU per US$ of GDP | -6.6% |
| 1992 | 194.09 constant LCU per US$ of GDP | -5.7% |
| 1993 | 223.91 constant LCU per US$ of GDP | +15.4% |
| 1994 | 225.78 constant LCU per US$ of GDP | +0.8% |
| 1995 | 202.75 constant LCU per US$ of GDP | -10.2% |
| 1996 | 203.21 constant LCU per US$ of GDP | +0.2% |
| 1997 | 210.8 constant LCU per US$ of GDP | +3.7% |
| 1998 | 201.53 constant LCU per US$ of GDP | -4.4% |
| 1999 | 198.58 constant LCU per US$ of GDP | -1.5% |
| 2000 | 207.58 constant LCU per US$ of GDP | +4.5% |
| 2001 | 236.7 constant LCU per US$ of GDP | +14.0% |
| 2002 | 210.37 constant LCU per US$ of GDP | -11.1% |
| 2003 | 175.19 constant LCU per US$ of GDP | -16.7% |
| 2004 | 156.15 constant LCU per US$ of GDP | -10.9% |
| 2005 | 136.11 constant LCU per US$ of GDP | -12.8% |
| 2006 | 139.55 constant LCU per US$ of GDP | +2.5% |
| 2007 | 122.12 constant LCU per US$ of GDP | -12.5% |
| 2008 | 149.46 constant LCU per US$ of GDP | +22.4% |
| 2009 | 189.24 constant LCU per US$ of GDP | +26.6% |
| 2010 | 175.6 constant LCU per US$ of GDP | -7.2% |
| 2011 | 161 constant LCU per US$ of GDP | -8.3% |
| 2012 | 167.79 constant LCU per US$ of GDP | +4.2% |
| 2013 | 159.91 constant LCU per US$ of GDP | -4.7% |
| 2014 | 146.65 constant LCU per US$ of GDP | -8.3% |
| 2015 | 155.2 constant LCU per US$ of GDP | +5.8% |
| 2016 | 138.4 constant LCU per US$ of GDP | -10.8% |
| 2017 | 120.5 constant LCU per US$ of GDP | -12.9% |
| 2018 | 118.47 constant LCU per US$ of GDP | -1.7% |
| 2019 | 127.93 constant LCU per US$ of GDP | +8.0% |
| 2020 | 135.42 constant LCU per US$ of GDP | +5.9% |
| 2021 | 119.63 constant LCU per US$ of GDP | -11.7% |
| 2022 | 117.1 constant LCU per US$ of GDP | -2.1% |
| 2023 | 113.19 constant LCU per US$ of GDP | -3.3% |
| 2024 | 106.74 constant LCU per US$ of GDP | -5.7% |
| 2025 | 92.99 constant LCU per US$ of GDP | -12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,194 constant LCU per US$ of GDP | 897.31 constant LCU per US$ of GDP | 1,485 constant LCU per US$ of GDP | 10 |
| 1970s | 637.99 constant LCU per US$ of GDP | 360.52 constant LCU per US$ of GDP | 1,117 constant LCU per US$ of GDP | 10 |
| 1980s | 329.66 constant LCU per US$ of GDP | 230.14 constant LCU per US$ of GDP | 412.14 constant LCU per US$ of GDP | 10 |
| 1990s | 208.68 constant LCU per US$ of GDP | 194.09 constant LCU per US$ of GDP | 225.78 constant LCU per US$ of GDP | 10 |
| 2000s | 172.25 constant LCU per US$ of GDP | 122.12 constant LCU per US$ of GDP | 236.7 constant LCU per US$ of GDP | 10 |
| 2010s | 147.15 constant LCU per US$ of GDP | 118.47 constant LCU per US$ of GDP | 175.6 constant LCU per US$ of GDP | 10 |
| 2020s | 114.18 constant LCU per US$ of GDP | 92.99 constant LCU per US$ of GDP | 135.42 constant LCU per US$ of GDP | 6 |
Countries ranked near Iceland
- 48 Vanuatu 117.75 constant LCU per US$ of GDP compare
- 49 Pakistan 107.08 constant LCU per US$ of GDP compare
- 50 New Caledonia 98.68 constant LCU per US$ of GDP compare
- 52 French Polynesia 90.44 constant LCU per US$ of GDP compare
- 53 Jamaica 89.24 constant LCU per US$ of GDP compare
- 54 Kenya 83.91 constant LCU per US$ of GDP 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5382 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 52,920 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 83.85 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp (constant lcu), per unit of gdp in Iceland?
- Gdp (constant lcu), per unit of gdp in Iceland was 92.99 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 1,485 constant LCU per US$ of GDP in 1960.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 92.99 constant LCU per US$ of GDP in 2025.
- How does Iceland rank for gdp (constant lcu), per unit of gdp?
- Iceland ranks 51st out of 212 countries with data for 2025.
- Is gdp (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.