Gross domestic product (GDP), Current prices, Domestic … unit in Iceland

Iceland: Gross domestic product (GDP), Current prices, Domestic … unit was 0 units per US$ of GDP in 2019. ◆ Volatile

Latest (2019)
0 units per US$ of GDP
Change on year
up 13.8%
World rank
54th
of 192 countries
All-time high
0 units per US$ of GDP
in 2015
All-time low
0 units per US$ of GDP
in 1960
Years of data
60
1960–2019

Gross domestic product (GDP), Current prices, Domestic currency, per in Iceland, 1960–2019

0000196019892019

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

The most recent figure for gross domestic product (gdp), current prices, domestic currency, per in Iceland is 0 units per US$ of GDP, measured in 2019.

The figure is up 13.8% on the previous year and down 3.5% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency, per in Iceland peaked at 0 units per US$ of GDP in 2015 and was at its lowest, 0 units per US$ of GDP, in 1960.

Iceland ranks 54th of 192 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.

Gross domestic product (GDP), Current prices, Domestic … unit in Iceland, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, per unit of GDP in Iceland, 1960 to 2019.
Year units per US$ of GDP Change
1960 0 units per US$ of GDP —
1961 0 units per US$ of GDP +11.2%
1962 0 units per US$ of GDP +6.9%
1963 0 units per US$ of GDP +0.1%
1964 0 units per US$ of GDP +0.0%
1965 0 units per US$ of GDP +0.2%
1966 0 units per US$ of GDP +0.0%
1967 0 units per US$ of GDP +2.7%
1968 0 units per US$ of GDP +40.7%
1969 0 units per US$ of GDP +41.6%
1970 0 units per US$ of GDP -0.0%
1971 0 units per US$ of GDP +0.0%
1972 0 units per US$ of GDP +0.3%
1973 0 units per US$ of GDP +2.1%
1974 0 units per US$ of GDP +10.9%
1975 0 units per US$ of GDP +53.8%
1976 0 units per US$ of GDP +18.5%
1977 0 units per US$ of GDP +9.2%
1978 0 units per US$ of GDP +36.3%
1979 0 units per US$ of GDP +30.1%
1980 0 units per US$ of GDP +36.1%
1981 0 units per US$ of GDP +50.6%
1982 0 units per US$ of GDP +71.0%
1983 0 units per US$ of GDP +101.1%
1984 0 units per US$ of GDP +27.6%
1985 0 units per US$ of GDP +31.0%
1986 0 units per US$ of GDP -1.0%
1987 0 units per US$ of GDP -5.9%
1988 0 units per US$ of GDP +11.2%
1989 0 units per US$ of GDP +32.6%
1990 0 units per US$ of GDP +2.2%
1991 0 units per US$ of GDP +1.2%
1992 0 units per US$ of GDP -2.5%
1993 0 units per US$ of GDP +17.5%
1994 0 units per US$ of GDP +3.5%
1995 0 units per US$ of GDP -7.5%
1996 0 units per US$ of GDP +2.8%
1997 0 units per US$ of GDP +8.2%
1998 0 units per US$ of GDP +0.2%
1999 0 units per US$ of GDP +2.1%
2000 0 units per US$ of GDP +8.7%
2001 0 units per US$ of GDP +24.0%
2002 0 units per US$ of GDP -5.8%
2003 0 units per US$ of GDP -16.3%
2004 0 units per US$ of GDP -8.1%
2005 0 units per US$ of GDP -11.2%
2006 0 units per US$ of GDP +10.7%
2007 0 units per US$ of GDP -8.2%
2008 0 units per US$ of GDP +37.5%
2009 0 units per US$ of GDP +42.8%
2010 0 units per US$ of GDP -2.5%
2011 0 units per US$ of GDP -5.0%
2012 0 units per US$ of GDP +7.9%
2013 0 units per US$ of GDP -2.2%
2014 0 units per US$ of GDP -4.8%
2015 0 units per US$ of GDP +12.8%
2016 0 units per US$ of GDP -8.8%
2017 0 units per US$ of GDP -11.7%
2018 0 units per US$ of GDP +0.1%
2019 0 units per US$ of GDP +13.8%

Iceland compared with similar countries

  • Iceland's 0 units per US$ of GDP is above the median for high income countries, which is 0 units per US$ of GDP, 87.1× the median. (65 countries reporting)
  • Iceland's 0 units per US$ of GDP is above the median for Europe & Central Asia, which is 0 units per US$ of GDP, 68.0× the median. (49 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic … unit in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1983 +101.1% 0 units per US$ of GDP 0 units per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
1970s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
1980s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
1990s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2000s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2010s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10

Countries ranked near Iceland

  1. 51 Sri Lanka 0 units per US$ of GDP compare
  2. 52 Jamaica 0 units per US$ of GDP compare
  3. 53 Pakistan 0 units per US$ of GDP compare
  4. 55 Albania 0 units per US$ of GDP compare
  5. 56 Algeria 0 units per US$ of GDP compare
  6. 57 Japan 0 units per US$ of GDP compare

See the full ranking of 192 places →

More economy & growth data for Iceland

All data for Iceland →

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 units per US$ of GDP 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 units per US$ of GDP in 2015.
What is the lowest gross domestic product (gdp), current prices, domestic currency, per recorded in Iceland?
The lowest recorded value was 0 units per US$ of GDP in 1960.
How does Iceland rank for gross domestic product (gdp), current prices, domestic currency, per?
Iceland ranks 54th 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 down 3.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency, per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 12 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-per-unit-of-gdp/iceland/

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How this figure is calculated

Gross domestic product (GDP), Current prices, Domestic currency divided by GDP (current US$), 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 ÷ GDP (current US$)

Computed from

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

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 9,667 data points, 1960–2019
Last refreshed

Gross domestic product (GDP), Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.