GNI, Atlas method in Iceland
Iceland: GNI, Atlas method was 35.01 billion current US$ in 2025. ◆ Volatile
GNI, Atlas method in Iceland, 1962–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Iceland recorded 35.01 billion current US$ for gni, atlas method in 2025. That is the highest value across all 64 years on record.
The figure is up 12.0% on the previous year and up 99.0% over ten years.
Over the whole period, gni, atlas method in Iceland peaked at 35.01 billion current US$ in 2025 and was at its lowest, 293.85 million current US$, in 1962.
Iceland ranks 108th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI, Atlas method in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1962 | 293.85 million current US$ | — |
| 1963 | 338.88 million current US$ | +15.3% |
| 1964 | 405.94 million current US$ | +19.8% |
| 1965 | 491.15 million current US$ | +21.0% |
| 1966 | 609.44 million current US$ | +24.1% |
| 1967 | 647.78 million current US$ | +6.3% |
| 1968 | 588.76 million current US$ | -9.1% |
| 1969 | 529.90 million current US$ | -10.0% |
| 1970 | 540.73 million current US$ | +2.0% |
| 1971 | 639.47 million current US$ | +18.3% |
| 1972 | 797.26 million current US$ | +24.7% |
| 1973 | 1.07 billion current US$ | +34.7% |
| 1974 | 1.47 billion current US$ | +36.7% |
| 1975 | 1.66 billion current US$ | +13.3% |
| 1976 | 1.79 billion current US$ | +7.5% |
| 1977 | 2.04 billion current US$ | +13.9% |
| 1978 | 2.48 billion current US$ | +21.4% |
| 1979 | 3.03 billion current US$ | +22.6% |
| 1980 | 3.59 billion current US$ | +18.4% |
| 1981 | 3.82 billion current US$ | +6.4% |
| 1982 | 3.60 billion current US$ | -5.8% |
| 1983 | 3.04 billion current US$ | -15.6% |
| 1984 | 2.91 billion current US$ | -4.4% |
| 1985 | 2.94 billion current US$ | +1.1% |
| 1986 | 3.53 billion current US$ | +20.3% |
| 1987 | 4.79 billion current US$ | +35.6% |
| 1988 | 5.98 billion current US$ | +24.8% |
| 1989 | 6.24 billion current US$ | +4.4% |
| 1990 | 6.45 billion current US$ | +3.3% |
| 1991 | 6.64 billion current US$ | +3.0% |
| 1992 | 7.06 billion current US$ | +6.2% |
| 1993 | 7.02 billion current US$ | -0.5% |
| 1994 | 6.96 billion current US$ | -0.8% |
| 1995 | 6.95 billion current US$ | -0.1% |
| 1996 | 7.46 billion current US$ | +7.4% |
| 1997 | 7.78 billion current US$ | +4.2% |
| 1998 | 8.10 billion current US$ | +4.1% |
| 1999 | 8.52 billion current US$ | +5.2% |
| 2000 | 9.05 billion current US$ | +6.2% |
| 2001 | 8.87 billion current US$ | -1.9% |
| 2002 | 8.94 billion current US$ | +0.7% |
| 2003 | 9.79 billion current US$ | +9.6% |
| 2004 | 12.30 billion current US$ | +25.6% |
| 2005 | 15.36 billion current US$ | +24.9% |
| 2006 | 16.76 billion current US$ | +9.1% |
| 2007 | 19.71 billion current US$ | +17.6% |
| 2008 | 16.67 billion current US$ | -15.4% |
| 2009 | 13.93 billion current US$ | -16.4% |
| 2010 | 12.24 billion current US$ | -12.1% |
| 2011 | 12.66 billion current US$ | +3.4% |
| 2012 | 13.85 billion current US$ | +9.4% |
| 2013 | 16.04 billion current US$ | +15.8% |
| 2014 | 16.63 billion current US$ | +3.7% |
| 2015 | 17.59 billion current US$ | +5.8% |
| 2016 | 19.86 billion current US$ | +12.9% |
| 2017 | 21.55 billion current US$ | +8.5% |
| 2018 | 25.69 billion current US$ | +19.2% |
| 2019 | 27.25 billion current US$ | +6.0% |
| 2020 | 24.45 billion current US$ | -10.2% |
| 2021 | 25.33 billion current US$ | +3.6% |
| 2022 | 28.51 billion current US$ | +12.5% |
| 2023 | 31.19 billion current US$ | +9.4% |
| 2024 | 31.27 billion current US$ | +0.3% |
| 2025 | 35.01 billion current US$ | +12.0% |
Iceland compared with similar countries
- Iceland's 35.01 billion current US$ is below the median for high income countries, which is 98.29 billion current US$, 36% of the median. (77 countries reporting)
- Iceland's 35.01 billion current US$ is below the median for Europe & Central Asia, which is 98.29 billion current US$, 36% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 488.21 million current US$ | 293.85 million current US$ | 647.78 million current US$ | 8 |
| 1970s | 1.55 billion current US$ | 540.73 million current US$ | 3.03 billion current US$ | 10 |
| 1980s | 4.04 billion current US$ | 2.91 billion current US$ | 6.24 billion current US$ | 10 |
| 1990s | 7.29 billion current US$ | 6.45 billion current US$ | 8.52 billion current US$ | 10 |
| 2000s | 13.14 billion current US$ | 8.87 billion current US$ | 19.71 billion current US$ | 10 |
| 2010s | 18.34 billion current US$ | 12.24 billion current US$ | 27.25 billion current US$ | 10 |
| 2020s | 29.29 billion current US$ | 24.45 billion current US$ | 35.01 billion current US$ | 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gni, atlas method in Iceland?
- Gni, atlas method in Iceland was 35.01 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni, atlas method recorded in Iceland?
- The highest recorded value was 35.01 billion current US$ in 2025.
- What is the lowest gni, atlas method recorded in Iceland?
- The lowest recorded value was 293.85 million current US$ in 1962.
- How does Iceland rank for gni, atlas method?
- Iceland ranks 108th out of 208 countries with data for 2025.
- Is gni, atlas method rising or falling in Iceland?
- Over the last ten years it is up 99.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI, Atlas method (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.