GNI in Iceland
Iceland: GNI was 22.56 billion constant 2015 US$ in 2024. ▲ Rising
GNI in Iceland, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Iceland recorded 22.56 billion constant 2015 US$ for gni in 2024.
That represents a change of down 0.5% on the previous year and up 37.2% over ten years.
Over the whole period, gni in Iceland peaked at 22.68 billion constant 2015 US$ in 2023 and was at its lowest, 12.21 billion constant 2015 US$, in 2000.
Iceland ranks 102nd of 159 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.85 billion constant 2015 US$ | 12.21 billion constant 2015 US$ | 16.58 billion constant 2015 US$ | 10 |
| 2010s | 17.21 billion constant 2015 US$ | 13.35 billion constant 2015 US$ | 20.88 billion constant 2015 US$ | 10 |
| 2020s | 21.41 billion constant 2015 US$ | 19.54 billion constant 2015 US$ | 22.68 billion constant 2015 US$ | 5 |
Countries ranked near Iceland
- 99 Mali 24.68 billion constant 2015 US$ compare
- 100 Gabon 23.05 billion constant 2015 US$ compare
- 101 Zimbabwe 22.82 billion constant 2015 US$ compare
- 103 Bosnia and Herzegovina 22.35 billion constant 2015 US$ compare
- 104 Mongolia 22.00 billion constant 2015 US$ compare
- 105 Burkina Faso 21.32 billion constant 2015 US$ compare
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is gni in Iceland?
- Gni in Iceland was 22.56 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni recorded in Iceland?
- The highest recorded value was 22.68 billion constant 2015 US$ in 2023.
- What is the lowest gni recorded in Iceland?
- The lowest recorded value was 12.21 billion constant 2015 US$ in 2000.
- How does Iceland rank for gni?
- Iceland ranks 102nd out of 159 countries with data for 2024.
- Is gni rising or falling in Iceland?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.