Global Revenue Statistics - Reference series — Gross domestic in Iceland
Iceland: Global Revenue Statistics - Reference series — Gross domestic was 31,020 US dollar in 2023. ▲ Rising
Global Revenue Statistics - Reference series — Gross domestic in Iceland, 1990–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
Iceland recorded 31,020 US dollar for global revenue statistics - reference series — gross domestic in 2023. That is the highest value across all 34 years on record.
That represents a change of up 8.1% on the previous year and up 92.4% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Iceland peaked at 31,020 US dollar in 2023 and was at its lowest, 6,219 US dollar, in 1993.
That places Iceland 71st out of 133 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Global Revenue Statistics - Reference series — Gross domestic in Iceland, year by year
| Year | US dollar | Change |
|---|---|---|
| 1990 | 6,469 US dollar | — |
| 1991 | 6,910 US dollar | +6.8% |
| 1992 | 7,081 US dollar | +2.5% |
| 1993 | 6,219 US dollar | -12.2% |
| 1994 | 6,389 US dollar | +2.7% |
| 1995 | 7,124 US dollar | +11.5% |
| 1996 | 7,426 US dollar | +4.2% |
| 1997 | 7,570 US dollar | +1.9% |
| 1998 | 8,504 US dollar | +12.3% |
| 1999 | 8,982 US dollar | +5.6% |
| 2000 | 9,026 US dollar | +0.5% |
| 2001 | 8,235 US dollar | -8.8% |
| 2002 | 9,318 US dollar | +13.2% |
| 2003 | 11,429 US dollar | +22.7% |
| 2004 | 13,825 US dollar | +21.0% |
| 2005 | 16,853 US dollar | +21.9% |
| 2006 | 17,465 US dollar | +3.6% |
| 2007 | 21,652 US dollar | +24.0% |
| 2008 | 18,075 US dollar | -16.5% |
| 2009 | 13,154 US dollar | -27.2% |
| 2010 | 13,751 US dollar | +4.5% |
| 2011 | 15,222 US dollar | +10.7% |
| 2012 | 14,752 US dollar | -3.1% |
| 2013 | 16,125 US dollar | +9.3% |
| 2014 | 17,868 US dollar | +10.8% |
| 2015 | 17,517 US dollar | -2.0% |
| 2016 | 20,793 US dollar | +18.7% |
| 2017 | 24,728 US dollar | +18.9% |
| 2018 | 26,261 US dollar | +6.2% |
| 2019 | 24,681 US dollar | -6.0% |
| 2020 | 21,630 US dollar | -12.4% |
| 2021 | 25,798 US dollar | +19.3% |
| 2022 | 28,702 US dollar | +11.3% |
| 2023 | 31,020 US dollar | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7,267 US dollar | 6,219 US dollar | 8,982 US dollar | 10 |
| 2000s | 13,903 US dollar | 8,235 US dollar | 21,652 US dollar | 10 |
| 2010s | 19,170 US dollar | 13,751 US dollar | 26,261 US dollar | 10 |
| 2020s | 26,787 US dollar | 21,630 US dollar | 31,020 US dollar | 4 |
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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is global revenue statistics - reference series — gross domestic in Iceland?
- Global revenue statistics - reference series — gross domestic in Iceland was 31,020 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Iceland?
- The highest recorded value was 31,020 US dollar in 2023.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Iceland?
- The lowest recorded value was 6,219 US dollar in 1993.
- How does Iceland rank for global revenue statistics - reference series — gross domestic?
- Iceland ranks 71st out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Iceland?
- Over the last ten years it is up 92.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
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About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.