Gross domestic product (GDP), Current prices … Current square in Iceland
Iceland: Gross domestic product (GDP), Current prices … Current square was 0.0295 units per square kilometre in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency, per in Iceland, 1961–2019
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency, per in Iceland stood at 0.0295 units per square kilometre. That is the highest value across all 59 years on record.
The figure is up 6.5% on the previous year and up 81.4% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency, per in Iceland peaked at 0.0295 units per square kilometre in 2019 and was at its lowest, 0 units per square kilometre, in 1961.
That places Iceland 64th out of 192 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices … Current square in Iceland, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1961 | 0 units per square kilometre | — |
| 1962 | 0 units per square kilometre | +20.0% |
| 1963 | 0 units per square kilometre | +19.5% |
| 1964 | 0 units per square kilometre | +27.7% |
| 1965 | 0 units per square kilometre | +20.8% |
| 1966 | 0 units per square kilometre | +20.1% |
| 1967 | 0 units per square kilometre | +1.5% |
| 1968 | 0 units per square kilometre | +7.5% |
| 1969 | 0 units per square kilometre | +23.8% |
| 1970 | 0 units per square kilometre | +25.1% |
| 1971 | 0 units per square kilometre | +27.3% |
| 1972 | 0 units per square kilometre | +25.6% |
| 1973 | 0 units per square kilometre | +40.4% |
| 1974 | 0 units per square kilometre | +45.5% |
| 1975 | 0 units per square kilometre | +42.8% |
| 1976 | 0 units per square kilometre | +40.6% |
| 1977 | 0 units per square kilometre | +44.4% |
| 1978 | 0.0001 units per square kilometre | +55.0% |
| 1979 | 0.0001 units per square kilometre | +47.7% |
| 1980 | 0.0002 units per square kilometre | +61.2% |
| 1981 | 0.0003 units per square kilometre | +55.5% |
| 1982 | 0.0004 units per square kilometre | +57.0% |
| 1983 | 0.0007 units per square kilometre | +73.5% |
| 1984 | 0.0009 units per square kilometre | +32.1% |
| 1985 | 0.0012 units per square kilometre | +36.4% |
| 1986 | 0.0016 units per square kilometre | +32.4% |
| 1987 | 0.0021 units per square kilometre | +30.2% |
| 1988 | 0.0026 units per square kilometre | +23.0% |
| 1989 | 0.0032 units per square kilometre | +23.2% |
| 1990 | 0.0038 units per square kilometre | +16.5% |
| 1991 | 0.0041 units per square kilometre | +8.1% |
| 1992 | 0.0041 units per square kilometre | -0.0% |
| 1993 | 0.0042 units per square kilometre | +3.2% |
| 1994 | 0.0045 units per square kilometre | +6.3% |
| 1995 | 0.0046 units per square kilometre | +3.1% |
| 1996 | 0.0049 units per square kilometre | +7.2% |
| 1997 | 0.0054 units per square kilometre | +8.7% |
| 1998 | 0.006 units per square kilometre | +12.1% |
| 1999 | 0.0065 units per square kilometre | +7.7% |
| 2000 | 0.0071 units per square kilometre | +9.1% |
| 2001 | 0.008 units per square kilometre | +12.9% |
| 2002 | 0.0085 units per square kilometre | +6.6% |
| 2003 | 0.0087 units per square kilometre | +2.8% |
| 2004 | 0.0097 units per square kilometre | +10.9% |
| 2005 | 0.0106 units per square kilometre | +9.0% |
| 2006 | 0.0121 units per square kilometre | +14.1% |
| 2007 | 0.0137 units per square kilometre | +14.1% |
| 2008 | 0.0157 units per square kilometre | +14.3% |
| 2009 | 0.0162 units per square kilometre | +3.4% |
| 2010 | 0.0167 units per square kilometre | +2.8% |
| 2011 | 0.0175 units per square kilometre | +5.1% |
| 2012 | 0.0184 units per square kilometre | +4.8% |
| 2013 | 0.0195 units per square kilometre | +6.4% |
| 2014 | 0.0207 units per square kilometre | +5.9% |
| 2015 | 0.0229 units per square kilometre | +10.6% |
| 2016 | 0.0248 units per square kilometre | +8.6% |
| 2017 | 0.0261 units per square kilometre | +5.0% |
| 2018 | 0.0276 units per square kilometre | +6.0% |
| 2019 | 0.0295 units per square kilometre | +6.5% |
Iceland compared with similar countries
- Iceland's 0.0295 units per square kilometre is above the median for high income countries, which is 0.0096 units per square kilometre, 3.1× the median. (65 countries reporting)
- Iceland's 0.0295 units per square kilometre is above the median for Europe & Central Asia, which is 0.0061 units per square kilometre, 4.9× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 units per square kilometre | 0 units per square kilometre | 0 units per square kilometre | 9 |
| 1970s | 0 units per square kilometre | 0 units per square kilometre | 0.0001 units per square kilometre | 10 |
| 1980s | 0.0013 units per square kilometre | 0.0002 units per square kilometre | 0.0032 units per square kilometre | 10 |
| 1990s | 0.0048 units per square kilometre | 0.0038 units per square kilometre | 0.0065 units per square kilometre | 10 |
| 2000s | 0.011 units per square kilometre | 0.0071 units per square kilometre | 0.0162 units per square kilometre | 10 |
| 2010s | 0.0224 units per square kilometre | 0.0167 units per square kilometre | 0.0295 units per square kilometre | 10 |
Countries ranked near Iceland
- 61 Thailand 0.0329 units per square kilometre compare
- 62 Aruba 0.0327 units per square kilometre compare
- 63 Trinidad and Tobago 0.0306 units per square kilometre compare
- 65 North Macedonia 0.0277 units per square kilometre compare
- 66 Guinea-Bissau 0.0276 units per square kilometre compare
- 67 Haiti 0.0259 units per square kilometre 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)
- 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 0.0295 units per square kilometre 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 0.0295 units per square kilometre 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 square kilometre in 1961.
- How does Iceland rank for gross domestic product (gdp), current prices, domestic currency, per?
- Iceland ranks 64th 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 81.4%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.