Gross domestic product (GDP), per square kilometre in Iceland
Iceland: Gross domestic product (GDP), per square kilometre was 264,943 international-$ in 2021 prices per square kilometre in 2023. ▲ Rising
Latest (2023)
264,943 international-$ in 2021 prices per square kilometre
Change on year
up 5.0%
World rank
160th
of 198 countries
All-time high
264,943 international-$ in 2021 prices per square kilometre
in 2023
All-time low
105,622 international-$ in 2021 prices per square kilometre
in 1992
Years of data
34
1990–2023
Gross domestic product (GDP), per square kilometre in Iceland, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per square kilometre.
Analysis
Iceland recorded 264,943 international-$ in 2021 prices per square kilometre for gross domestic product (gdp), per square kilometre in 2023. That is the highest value across all 34 years on record.
That represents a change of up 5.0% on the previous year and up 37.3% over ten years.
Over the whole period, gross domestic product (gdp), per square kilometre in Iceland peaked at 264,943 international-$ in 2021 prices per square kilometre in 2023 and was at its lowest, 105,622 international-$ in 2021 prices per square kilometre, in 1992.
Iceland ranks 160th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gross domestic product (GDP), per square kilometre in Iceland, year by year
| Year | international-$ in 2021 prices per square kilometre | Change |
|---|---|---|
| 1990 | 109,555 international-$ in 2021 prices per square kilometre | — |
| 1991 | 109,310 international-$ in 2021 prices per square kilometre | -0.2% |
| 1992 | 105,622 international-$ in 2021 prices per square kilometre | -3.4% |
| 1993 | 107,009 international-$ in 2021 prices per square kilometre | +1.3% |
| 1994 | 110,871 international-$ in 2021 prices per square kilometre | +3.6% |
| 1995 | 111,000 international-$ in 2021 prices per square kilometre | +0.1% |
| 1996 | 115,993 international-$ in 2021 prices per square kilometre | +4.5% |
| 1997 | 120,796 international-$ in 2021 prices per square kilometre | +4.1% |
| 1998 | 129,265 international-$ in 2021 prices per square kilometre | +7.0% |
| 1999 | 134,303 international-$ in 2021 prices per square kilometre | +3.9% |
| 2000 | 140,891 international-$ in 2021 prices per square kilometre | +4.9% |
| 2001 | 146,302 international-$ in 2021 prices per square kilometre | +3.8% |
| 2002 | 147,096 international-$ in 2021 prices per square kilometre | +0.5% |
| 2003 | 150,452 international-$ in 2021 prices per square kilometre | +2.3% |
| 2004 | 161,920 international-$ in 2021 prices per square kilometre | +7.6% |
| 2005 | 173,302 international-$ in 2021 prices per square kilometre | +7.0% |
| 2006 | 183,131 international-$ in 2021 prices per square kilometre | +5.7% |
| 2007 | 199,139 international-$ in 2021 prices per square kilometre | +8.7% |
| 2008 | 202,524 international-$ in 2021 prices per square kilometre | +1.7% |
| 2009 | 185,671 international-$ in 2021 prices per square kilometre | -8.3% |
| 2010 | 181,545 international-$ in 2021 prices per square kilometre | -2.2% |
| 2011 | 184,051 international-$ in 2021 prices per square kilometre | +1.4% |
| 2012 | 186,202 international-$ in 2021 prices per square kilometre | +1.2% |
| 2013 | 192,901 international-$ in 2021 prices per square kilometre | +3.6% |
| 2014 | 196,593 international-$ in 2021 prices per square kilometre | +1.9% |
| 2015 | 204,001 international-$ in 2021 prices per square kilometre | +3.8% |
| 2016 | 216,686 international-$ in 2021 prices per square kilometre | +6.2% |
| 2017 | 224,237 international-$ in 2021 prices per square kilometre | +3.5% |
| 2018 | 233,339 international-$ in 2021 prices per square kilometre | +4.1% |
| 2019 | 235,994 international-$ in 2021 prices per square kilometre | +1.1% |
| 2020 | 220,310 international-$ in 2021 prices per square kilometre | -6.6% |
| 2021 | 231,724 international-$ in 2021 prices per square kilometre | +5.2% |
| 2022 | 252,248 international-$ in 2021 prices per square kilometre | +8.9% |
| 2023 | 264,943 international-$ in 2021 prices per square kilometre | +5.0% |
Iceland compared with similar countries
- Iceland's 264,943 international-$ in 2021 prices per square kilometre is below the median for high income countries, which is 6.38 million international-$ in 2021 prices per square kilometre, 4% of the median. (74 countries reporting)
- Iceland's 264,943 international-$ in 2021 prices per square kilometre is below the median for Europe & Central Asia, which is 2.73 million international-$ in 2021 prices per square kilometre, 10% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 115,372 international-$ in 2021 prices per square kilometre | 105,622 international-$ in 2021 prices per square kilometre | 134,303 international-$ in 2021 prices per square kilometre | 10 |
| 2000s | 169,043 international-$ in 2021 prices per square kilometre | 140,891 international-$ in 2021 prices per square kilometre | 202,524 international-$ in 2021 prices per square kilometre | 10 |
| 2010s | 205,555 international-$ in 2021 prices per square kilometre | 181,545 international-$ in 2021 prices per square kilometre | 235,994 international-$ in 2021 prices per square kilometre | 10 |
| 2020s | 242,306 international-$ in 2021 prices per square kilometre | 220,310 international-$ in 2021 prices per square kilometre | 264,943 international-$ in 2021 prices per square kilometre | 4 |
Countries ranked near Iceland
- 157 Laos 278,044 international-$ in 2021 prices per square kilometre compare
- 158 Turkmenistan 277,160 international-$ in 2021 prices per square kilometre compare
- 159 Paraguay 273,613 international-$ in 2021 prices per square kilometre compare
- 161 Canada 264,702 international-$ in 2021 prices per square kilometre compare
- 162 Tanzania 263,926 international-$ in 2021 prices per square kilometre compare
- 163 Kazakhstan 261,333 international-$ in 2021 prices 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)
- 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per square kilometre in Iceland?
- Gross domestic product (gdp), per square kilometre in Iceland was 264,943 international-$ in 2021 prices per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per square kilometre recorded in Iceland?
- The highest recorded value was 264,943 international-$ in 2021 prices per square kilometre in 2023.
- What is the lowest gross domestic product (gdp), per square kilometre recorded in Iceland?
- The lowest recorded value was 105,622 international-$ in 2021 prices per square kilometre in 1992.
- How does Iceland rank for gross domestic product (gdp), per square kilometre?
- Iceland ranks 160th out of 198 countries with data for 2023.
- Is gross domestic product (gdp), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) 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) ÷ Land area (sq. km)
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- 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) 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.