Gross domestic product (GDP), Current prices … capita currency in Iceland
Iceland: Gross domestic product (GDP), Current prices … capita currency was 0.0082 units per person in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency, per in Iceland, 1960–2019
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency, per in Iceland stood at 0.0082 units per person. That is the highest value across all 60 years on record.
That represents a change of up 4.2% on the previous year and up 61.2% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency, per in Iceland peaked at 0.0082 units per person in 2019 and was at its lowest, 0 units per person, in 1960.
Iceland ranks 14th of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices … capita currency in Iceland, year by year
| Year | units per person | Change |
|---|---|---|
| 1960 | 0 units per person | — |
| 1961 | 0 units per person | +11.4% |
| 1962 | 0 units per person | +17.8% |
| 1963 | 0 units per person | +17.4% |
| 1964 | 0 units per person | +25.5% |
| 1965 | 0 units per person | +18.8% |
| 1966 | 0 units per person | +18.1% |
| 1967 | 0 units per person | -0.2% |
| 1968 | 0 units per person | +6.0% |
| 1969 | 0 units per person | +22.6% |
| 1970 | 0 units per person | +24.5% |
| 1971 | 0 units per person | +26.2% |
| 1972 | 0 units per person | +23.8% |
| 1973 | 0 units per person | +38.3% |
| 1974 | 0 units per person | +43.6% |
| 1975 | 0 units per person | +41.0% |
| 1976 | 0 units per person | +39.3% |
| 1977 | 0 units per person | +43.3% |
| 1978 | 0 units per person | +53.8% |
| 1979 | 0 units per person | +46.3% |
| 1980 | 0.0001 units per person | +59.5% |
| 1981 | 0.0001 units per person | +53.8% |
| 1982 | 0.0002 units per person | +54.9% |
| 1983 | 0.0003 units per person | +71.2% |
| 1984 | 0.0004 units per person | +30.7% |
| 1985 | 0.0005 units per person | +35.4% |
| 1986 | 0.0007 units per person | +31.4% |
| 1987 | 0.0009 units per person | +28.8% |
| 1988 | 0.0011 units per person | +21.1% |
| 1989 | 0.0013 units per person | +21.7% |
| 1990 | 0.0015 units per person | +15.6% |
| 1991 | 0.0016 units per person | +6.9% |
| 1992 | 0.0016 units per person | -1.3% |
| 1993 | 0.0016 units per person | +2.1% |
| 1994 | 0.0017 units per person | +5.4% |
| 1995 | 0.0017 units per person | +2.6% |
| 1996 | 0.0018 units per person | +6.6% |
| 1997 | 0.002 units per person | +7.8% |
| 1998 | 0.0022 units per person | +10.9% |
| 1999 | 0.0023 units per person | +6.4% |
| 2000 | 0.0025 units per person | +7.6% |
| 2001 | 0.0028 units per person | +11.4% |
| 2002 | 0.003 units per person | +5.6% |
| 2003 | 0.003 units per person | +2.1% |
| 2004 | 0.0033 units per person | +9.9% |
| 2005 | 0.0036 units per person | +7.3% |
| 2006 | 0.004 units per person | +11.5% |
| 2007 | 0.0044 units per person | +11.2% |
| 2008 | 0.005 units per person | +12.2% |
| 2009 | 0.0051 units per person | +3.0% |
| 2010 | 0.0053 units per person | +2.9% |
| 2011 | 0.0055 units per person | +4.8% |
| 2012 | 0.0057 units per person | +4.2% |
| 2013 | 0.0061 units per person | +5.4% |
| 2014 | 0.0063 units per person | +4.7% |
| 2015 | 0.0069 units per person | +9.5% |
| 2016 | 0.0074 units per person | +7.1% |
| 2017 | 0.0076 units per person | +2.6% |
| 2018 | 0.0079 units per person | +3.8% |
| 2019 | 0.0082 units per person | +4.2% |
Iceland compared with similar countries
- Iceland's 0.0082 units per person is above the median for high income countries, which is 0.0001 units per person, 150.6× the median. (65 countries reporting)
- Iceland's 0.0082 units per person is above the median for Europe & Central Asia, which is 0 units per person, 184.1× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 units per person | 0 units per person | 0 units per person | 10 |
| 1970s | 0 units per person | 0 units per person | 0 units per person | 10 |
| 1980s | 0.0005 units per person | 0.0001 units per person | 0.0013 units per person | 10 |
| 1990s | 0.0018 units per person | 0.0015 units per person | 0.0023 units per person | 10 |
| 2000s | 0.0037 units per person | 0.0025 units per person | 0.0051 units per person | 10 |
| 2010s | 0.0067 units per person | 0.0053 units per person | 0.0082 units per person | 10 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency, per in Iceland?
- Gross domestic product (gdp), current prices, domestic currency, per in Iceland was 0.0082 units per person in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency, per recorded in Iceland?
- The highest recorded value was 0.0082 units per person in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency, per recorded in Iceland?
- The lowest recorded value was 0 units per person in 1960.
- How does Iceland rank for gross domestic product (gdp), current prices, domestic currency, per?
- Iceland ranks 14th out of 192 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency, per rising or falling in Iceland?
- Over the last ten years it is up 61.2%. 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 Gross domestic product (GDP), Current prices, Domestic currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP), Current prices, Domestic currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP), Current prices, Domestic currency ÷ Population, total
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
- Population, total World Population Prospects, United Nations (UN)
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
Gross domestic product (GDP), Current prices, Domestic currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.