GNI (current LCU), annual growth rate in Iceland
Iceland: GNI (current LCU), annual growth rate was 8.97 % change on previous year in 2025. ◆ Volatile
Latest (2025)
8.97 % change on previous year
Change on year
up 86.4%
World rank
72nd
of 207 countries
All-time high
72.15 % change on previous year
in 1983
All-time low
-2.09 % change on previous year
in 2008
Years of data
65
1961–2025
GNI (current LCU), annual growth rate in Iceland, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gni (current lcu), annual growth rate in Iceland is 8.97 % change on previous year, measured in 2025.
Compared with earlier readings it is up 86.4% on the previous year and down 24.0% over ten years.
Over the whole period, gni (current lcu), annual growth rate in Iceland peaked at 72.15 % change on previous year in 1983 and was at its lowest, -2.09 % change on previous year, in 2008.
Iceland ranks 72nd of 207 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 (current LCU), annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 13.3 % change on previous year | — |
| 1962 | 20.54 % change on previous year | +54.5% |
| 1963 | 19.47 % change on previous year | -5.2% |
| 1964 | 27.84 % change on previous year | +43.0% |
| 1965 | 20.37 % change on previous year | -26.9% |
| 1966 | 20.17 % change on previous year | -1.0% |
| 1967 | 1.32 % change on previous year | -93.4% |
| 1968 | 7.1 % change on previous year | +437.3% |
| 1969 | 23.49 % change on previous year | +230.6% |
| 1970 | 25.69 % change on previous year | +9.4% |
| 1971 | 27.49 % change on previous year | +7.0% |
| 1972 | 25.2 % change on previous year | -8.3% |
| 1973 | 40.5 % change on previous year | +60.7% |
| 1974 | 45.35 % change on previous year | +12.0% |
| 1975 | 41.31 % change on previous year | -8.9% |
| 1976 | 40.43 % change on previous year | -2.1% |
| 1977 | 45 % change on previous year | +11.3% |
| 1978 | 54.47 % change on previous year | +21.0% |
| 1979 | 47.65 % change on previous year | -12.5% |
| 1980 | 61.06 % change on previous year | +28.2% |
| 1981 | 54.48 % change on previous year | -10.8% |
| 1982 | 56.02 % change on previous year | +2.8% |
| 1983 | 72.15 % change on previous year | +28.8% |
| 1984 | 31.34 % change on previous year | -56.6% |
| 1985 | 37.22 % change on previous year | +18.8% |
| 1986 | 33.31 % change on previous year | -10.5% |
| 1987 | 31.57 % change on previous year | -5.2% |
| 1988 | 22.73 % change on previous year | -28.0% |
| 1989 | 21.92 % change on previous year | -3.6% |
| 1990 | 16.71 % change on previous year | -23.8% |
| 1991 | 8.92 % change on previous year | -46.6% |
| 1992 | 0.3595 % change on previous year | -96.0% |
| 1993 | 2.98 % change on previous year | +729.4% |
| 1994 | 5.58 % change on previous year | +87.2% |
| 1995 | 3.41 % change on previous year | -38.9% |
| 1996 | 7.57 % change on previous year | +121.7% |
| 1997 | 7.07 % change on previous year | -6.5% |
| 1998 | 12.12 % change on previous year | +71.3% |
| 1999 | 7.77 % change on previous year | -35.9% |
| 2000 | 8.21 % change on previous year | +5.7% |
| 2001 | 12.84 % change on previous year | +56.3% |
| 2002 | 9.41 % change on previous year | -26.7% |
| 2003 | 1.48 % change on previous year | -84.3% |
| 2004 | 7.51 % change on previous year | +408.2% |
| 2005 | 10.13 % change on previous year | +35.0% |
| 2006 | 12.1 % change on previous year | +19.4% |
| 2007 | 14.57 % change on previous year | +20.4% |
| 2008 | -2.09 % change on previous year | -114.3% |
| 2009 | 5.13 % change on previous year | -345.7% |
| 2010 | 5.81 % change on previous year | +13.3% |
| 2011 | 9.15 % change on previous year | +57.3% |
| 2012 | 8.66 % change on previous year | -5.3% |
| 2013 | 15.29 % change on previous year | +76.5% |
| 2014 | 5.69 % change on previous year | -62.8% |
| 2015 | 11.8 % change on previous year | +107.4% |
| 2016 | 11.22 % change on previous year | -4.9% |
| 2017 | 3.41 % change on previous year | -69.6% |
| 2018 | 8.66 % change on previous year | +153.9% |
| 2019 | 7.63 % change on previous year | -11.9% |
| 2020 | -2.06 % change on previous year | -127.0% |
| 2021 | 8.23 % change on previous year | -499.0% |
| 2022 | 17.2 % change on previous year | +108.9% |
| 2023 | 10.99 % change on previous year | -36.1% |
| 2024 | 4.81 % change on previous year | -56.2% |
| 2025 | 8.97 % change on previous year | +86.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.07 % change on previous year | 1.32 % change on previous year | 27.84 % change on previous year | 9 |
| 1970s | 39.31 % change on previous year | 25.2 % change on previous year | 54.47 % change on previous year | 10 |
| 1980s | 42.18 % change on previous year | 21.92 % change on previous year | 72.15 % change on previous year | 10 |
| 1990s | 7.25 % change on previous year | 0.3595 % change on previous year | 16.71 % change on previous year | 10 |
| 2000s | 7.93 % change on previous year | -2.09 % change on previous year | 14.57 % change on previous year | 10 |
| 2010s | 8.73 % change on previous year | 3.41 % change on previous year | 15.29 % change on previous year | 10 |
| 2020s | 8.02 % change on previous year | -2.06 % change on previous year | 17.2 % change on previous year | 6 |
Countries ranked near Iceland
- 69 Seychelles 9.14 % change on previous year compare
- 70 Kenya 9.05 % change on previous year compare
- 71 Malta 9.04 % change on previous year compare
- 73 Solomon Islands 8.94 % change on previous year compare
- 74 India 8.66 % change on previous year compare
- 75 North Macedonia 8.63 % change on previous year 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)
- GNI (current LCU), per unit of GDP 128.16 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 12.60 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 7.14 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 7.13 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
Frequently asked questions
- What is gni (current lcu), annual growth rate in Iceland?
- Gni (current lcu), annual growth rate in Iceland was 8.97 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gni (current lcu), annual growth rate recorded in Iceland?
- The highest recorded value was 72.15 % change on previous year in 1983.
- What is the lowest gni (current lcu), annual growth rate recorded in Iceland?
- The lowest recorded value was -2.09 % change on previous year in 2008.
- How does Iceland rank for gni (current lcu), annual growth rate?
- Iceland ranks 72nd out of 207 countries with data for 2025.
- Is gni (current lcu), annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 24.0%. 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 GNI (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI 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
The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.