GNI (constant 2015 US$) in Iceland
Iceland: GNI (constant 2015 US$) 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$, in 2000.
Iceland ranks 103rd of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
GNI (constant 2015 US$) in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 12.21 billion constant 2015 US$ | — |
| 2001 | 12.65 billion constant 2015 US$ | +3.6% |
| 2002 | 13.13 billion constant 2015 US$ | +3.8% |
| 2003 | 13.07 billion constant 2015 US$ | -0.4% |
| 2004 | 13.63 billion constant 2015 US$ | +4.3% |
| 2005 | 14.80 billion constant 2015 US$ | +8.6% |
| 2006 | 15.25 billion constant 2015 US$ | +3.0% |
| 2007 | 16.58 billion constant 2015 US$ | +8.8% |
| 2008 | 13.98 billion constant 2015 US$ | -15.7% |
| 2009 | 13.16 billion constant 2015 US$ | -5.9% |
| 2010 | 13.35 billion constant 2015 US$ | +1.5% |
| 2011 | 13.94 billion constant 2015 US$ | +4.4% |
| 2012 | 14.38 billion constant 2015 US$ | +3.2% |
| 2013 | 16.11 billion constant 2015 US$ | +12.0% |
| 2014 | 16.44 billion constant 2015 US$ | +2.0% |
| 2015 | 17.69 billion constant 2015 US$ | +7.6% |
| 2016 | 19.17 billion constant 2015 US$ | +8.3% |
| 2017 | 19.68 billion constant 2015 US$ | +2.7% |
| 2018 | 20.39 billion constant 2015 US$ | +3.6% |
| 2019 | 20.88 billion constant 2015 US$ | +2.4% |
| 2020 | 19.54 billion constant 2015 US$ | -6.4% |
| 2021 | 20.22 billion constant 2015 US$ | +3.5% |
| 2022 | 22.03 billion constant 2015 US$ | +9.0% |
| 2023 | 22.68 billion constant 2015 US$ | +2.9% |
| 2024 | 22.56 billion constant 2015 US$ | -0.5% |
Iceland compared with similar countries
- Iceland's 22.56 billion constant 2015 US$ is below the median for high income countries, which is 236.12 billion constant 2015 US$, 10% of the median. (58 countries reporting)
- Iceland's 22.56 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 102.37 billion constant 2015 US$, 22% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.85 billion constant 2015 US$ | 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
- 100 Mali 24.68 billion constant 2015 US$ compare
- 101 Gabon 23.05 billion constant 2015 US$ compare
- 102 Zimbabwe 22.82 billion constant 2015 US$ compare
- 104 Bosnia and Herzegovina 22.35 billion constant 2015 US$ compare
- 105 Mongolia 22.00 billion constant 2015 US$ compare
- 106 Burkina Faso 21.32 billion constant 2015 US$ compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 103rd out of 162 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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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.