GNI in Iceland
Iceland: GNI was 4.94 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
4.94 trillion current LCU
Change on year
up 9.0%
World rank
72nd
of 210 countries
All-time high
4.94 trillion current LCU
in 2025
All-time low
93.79 million current LCU
in 1960
Years of data
66
1960–2025
GNI in Iceland, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Iceland recorded 4.94 trillion current LCU for gni in 2025. That is the highest value across all 66 years on record.
That represents a change of up 9.0% on the previous year and up 111.8% over ten years.
Over the whole period, gni in Iceland peaked at 4.94 trillion current LCU in 2025 and was at its lowest, 93.79 million current LCU, in 1960.
Iceland ranks 72nd of 210 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 in Iceland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 93.79 million current LCU | — |
| 1961 | 106.26 million current LCU | +13.3% |
| 1962 | 128.08 million current LCU | +20.5% |
| 1963 | 153.03 million current LCU | +19.5% |
| 1964 | 195.63 million current LCU | +27.8% |
| 1965 | 235.48 million current LCU | +20.4% |
| 1966 | 282.97 million current LCU | +20.2% |
| 1967 | 286.71 million current LCU | +1.3% |
| 1968 | 307.08 million current LCU | +7.1% |
| 1969 | 379.20 million current LCU | +23.5% |
| 1970 | 476.62 million current LCU | +25.7% |
| 1971 | 607.63 million current LCU | +27.5% |
| 1972 | 760.76 million current LCU | +25.2% |
| 1973 | 1.07 billion current LCU | +40.5% |
| 1974 | 1.55 billion current LCU | +45.3% |
| 1975 | 2.20 billion current LCU | +41.3% |
| 1976 | 3.08 billion current LCU | +40.4% |
| 1977 | 4.47 billion current LCU | +45.0% |
| 1978 | 6.91 billion current LCU | +54.5% |
| 1979 | 10.20 billion current LCU | +47.6% |
| 1980 | 16.42 billion current LCU | +61.1% |
| 1981 | 25.37 billion current LCU | +54.5% |
| 1982 | 39.58 billion current LCU | +56.0% |
| 1983 | 68.13 billion current LCU | +72.2% |
| 1984 | 89.49 billion current LCU | +31.3% |
| 1985 | 122.80 billion current LCU | +37.2% |
| 1986 | 163.70 billion current LCU | +33.3% |
| 1987 | 215.38 billion current LCU | +31.6% |
| 1988 | 264.34 billion current LCU | +22.7% |
| 1989 | 322.30 billion current LCU | +21.9% |
| 1990 | 376.16 billion current LCU | +16.7% |
| 1991 | 409.70 billion current LCU | +8.9% |
| 1992 | 411.17 billion current LCU | +0.4% |
| 1993 | 423.43 billion current LCU | +3.0% |
| 1994 | 447.07 billion current LCU | +5.6% |
| 1995 | 462.32 billion current LCU | +3.4% |
| 1996 | 497.30 billion current LCU | +7.6% |
| 1997 | 532.48 billion current LCU | +7.1% |
| 1998 | 597.00 billion current LCU | +12.1% |
| 1999 | 643.39 billion current LCU | +7.8% |
| 2000 | 696.21 billion current LCU | +8.2% |
| 2001 | 785.59 billion current LCU | +12.8% |
| 2002 | 859.54 billion current LCU | +9.4% |
| 2003 | 872.24 billion current LCU | +1.5% |
| 2004 | 937.71 billion current LCU | +7.5% |
| 2005 | 1.03 trillion current LCU | +10.1% |
| 2006 | 1.16 trillion current LCU | +12.1% |
| 2007 | 1.33 trillion current LCU | +14.6% |
| 2008 | 1.30 trillion current LCU | -2.1% |
| 2009 | 1.37 trillion current LCU | +5.1% |
| 2010 | 1.44 trillion current LCU | +5.8% |
| 2011 | 1.58 trillion current LCU | +9.1% |
| 2012 | 1.71 trillion current LCU | +8.7% |
| 2013 | 1.98 trillion current LCU | +15.3% |
| 2014 | 2.09 trillion current LCU | +5.7% |
| 2015 | 2.33 trillion current LCU | +11.8% |
| 2016 | 2.60 trillion current LCU | +11.2% |
| 2017 | 2.68 trillion current LCU | +3.4% |
| 2018 | 2.92 trillion current LCU | +8.7% |
| 2019 | 3.14 trillion current LCU | +7.6% |
| 2020 | 3.07 trillion current LCU | -2.1% |
| 2021 | 3.33 trillion current LCU | +8.2% |
| 2022 | 3.90 trillion current LCU | +17.2% |
| 2023 | 4.33 trillion current LCU | +11.0% |
| 2024 | 4.54 trillion current LCU | +4.8% |
| 2025 | 4.94 trillion current LCU | +9.0% |
Iceland compared with similar countries
- Iceland's 4.94 trillion current LCU is above the median for high income countries, which is 291.94 billion current LCU, 16.9× the median. (78 countries reporting)
- Iceland's 4.94 trillion current LCU is above the median for Europe & Central Asia, which is 437.80 billion current LCU, 11.3× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 216.82 million current LCU | 93.79 million current LCU | 379.20 million current LCU | 10 |
| 1970s | 3.13 billion current LCU | 476.62 million current LCU | 10.20 billion current LCU | 10 |
| 1980s | 132.75 billion current LCU | 16.42 billion current LCU | 322.30 billion current LCU | 10 |
| 1990s | 480.00 billion current LCU | 376.16 billion current LCU | 643.39 billion current LCU | 10 |
| 2000s | 1.03 trillion current LCU | 696.21 billion current LCU | 1.37 trillion current LCU | 10 |
| 2010s | 2.25 trillion current LCU | 1.44 trillion current LCU | 3.14 trillion current LCU | 10 |
| 2020s | 4.02 trillion current LCU | 3.07 trillion current LCU | 4.94 trillion current LCU | 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 in Iceland?
- Gni in Iceland was 4.94 trillion current LCU in 2025, 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 4.94 trillion current LCU in 2025.
- What is the lowest gni recorded in Iceland?
- The lowest recorded value was 93.79 million current LCU in 1960.
- How does Iceland rank for gni?
- Iceland ranks 72nd out of 210 countries with data for 2025.
- Is gni rising or falling in Iceland?
- Over the last ten years it is up 111.8%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.