Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Iceland
Iceland: Gross Domestic Product — Value US$, 2015 prices, per square kilometre was 0.2305 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
0.2305 million USD per square kilometre
Change on year
up 5.0%
World rank
128th
of 194 countries
All-time high
0.2305 million USD per square kilometre
in 2023
All-time low
0.0372 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Iceland, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Iceland recorded 0.2305 million USD per square kilometre for gross domestic product — value us$, 2015 prices, per square kilometre in 2023. That is the highest value across all 54 years on record.
That represents a change of up 5.0% on the previous year and up 40.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per square kilometre in Iceland peaked at 0.2305 million USD per square kilometre in 2023 and was at its lowest, 0.0372 million USD per square kilometre, in 1970.
That places Iceland 128th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Iceland, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0372 million USD per square kilometre | — |
| 1971 | 0.042 million USD per square kilometre | +13.1% |
| 1972 | 0.0446 million USD per square kilometre | +6.2% |
| 1973 | 0.0476 million USD per square kilometre | +6.8% |
| 1974 | 0.0504 million USD per square kilometre | +5.7% |
| 1975 | 0.0507 million USD per square kilometre | +0.6% |
| 1976 | 0.0537 million USD per square kilometre | +6.0% |
| 1977 | 0.0584 million USD per square kilometre | +8.8% |
| 1978 | 0.062 million USD per square kilometre | +6.0% |
| 1979 | 0.065 million USD per square kilometre | +4.9% |
| 1980 | 0.0687 million USD per square kilometre | +5.7% |
| 1981 | 0.0716 million USD per square kilometre | +4.3% |
| 1982 | 0.0732 million USD per square kilometre | +2.2% |
| 1983 | 0.0716 million USD per square kilometre | -2.2% |
| 1984 | 0.0746 million USD per square kilometre | +4.1% |
| 1985 | 0.077 million USD per square kilometre | +3.3% |
| 1986 | 0.0818 million USD per square kilometre | +6.3% |
| 1987 | 0.0888 million USD per square kilometre | +8.5% |
| 1988 | 0.0888 million USD per square kilometre | -0.1% |
| 1989 | 0.089 million USD per square kilometre | +0.3% |
| 1990 | 0.09 million USD per square kilometre | +1.2% |
| 1991 | 0.0898 million USD per square kilometre | -0.2% |
| 1992 | 0.0868 million USD per square kilometre | -3.4% |
| 1993 | 0.0879 million USD per square kilometre | +1.3% |
| 1994 | 0.0911 million USD per square kilometre | +3.6% |
| 1995 | 0.0912 million USD per square kilometre | +0.1% |
| 1996 | 0.0954 million USD per square kilometre | +4.6% |
| 1997 | 0.1009 million USD per square kilometre | +5.8% |
| 1998 | 0.1083 million USD per square kilometre | +7.4% |
| 1999 | 0.1127 million USD per square kilometre | +4.0% |
| 2000 | 0.1183 million USD per square kilometre | +5.0% |
| 2001 | 0.123 million USD per square kilometre | +4.0% |
| 2002 | 0.1237 million USD per square kilometre | +0.6% |
| 2003 | 0.1264 million USD per square kilometre | +2.1% |
| 2004 | 0.1363 million USD per square kilometre | +7.8% |
| 2005 | 0.1446 million USD per square kilometre | +6.1% |
| 2006 | 0.1537 million USD per square kilometre | +6.3% |
| 2007 | 0.1667 million USD per square kilometre | +8.5% |
| 2008 | 0.1704 million USD per square kilometre | +2.2% |
| 2009 | 0.1574 million USD per square kilometre | -7.7% |
| 2010 | 0.1529 million USD per square kilometre | -2.8% |
| 2011 | 0.1557 million USD per square kilometre | +1.8% |
| 2012 | 0.1574 million USD per square kilometre | +1.1% |
| 2013 | 0.1645 million USD per square kilometre | +4.6% |
| 2014 | 0.1673 million USD per square kilometre | +1.7% |
| 2015 | 0.1747 million USD per square kilometre | +4.4% |
| 2016 | 0.1857 million USD per square kilometre | +6.3% |
| 2017 | 0.1935 million USD per square kilometre | +4.2% |
| 2018 | 0.2018 million USD per square kilometre | +4.3% |
| 2019 | 0.2056 million USD per square kilometre | +1.9% |
| 2020 | 0.1913 million USD per square kilometre | -6.9% |
| 2021 | 0.2014 million USD per square kilometre | +5.3% |
| 2022 | 0.2195 million USD per square kilometre | +9.0% |
| 2023 | 0.2305 million USD per square kilometre | +5.0% |
Iceland compared with similar countries
- Iceland's 0.2305 million USD per square kilometre is below the median for high income countries, which is 2.85 million USD per square kilometre, 8% of the median. (73 countries reporting)
- Iceland's 0.2305 million USD per square kilometre is below the median for Europe & Central Asia, which is 1.18 million USD per square kilometre, 19% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0512 million USD per square kilometre | 0.0372 million USD per square kilometre | 0.065 million USD per square kilometre | 10 |
| 1980s | 0.0785 million USD per square kilometre | 0.0687 million USD per square kilometre | 0.089 million USD per square kilometre | 10 |
| 1990s | 0.0954 million USD per square kilometre | 0.0868 million USD per square kilometre | 0.1127 million USD per square kilometre | 10 |
| 2000s | 0.1421 million USD per square kilometre | 0.1183 million USD per square kilometre | 0.1704 million USD per square kilometre | 10 |
| 2010s | 0.1759 million USD per square kilometre | 0.1529 million USD per square kilometre | 0.2056 million USD per square kilometre | 10 |
| 2020s | 0.2107 million USD per square kilometre | 0.1913 million USD per square kilometre | 0.2305 million USD per square kilometre | 4 |
Countries ranked near Iceland
- 125 Honduras 0.2405 million USD per square kilometre compare
- 126 Brazil 0.2346 million USD per square kilometre compare
- 127 Argentina 0.2334 million USD per square kilometre compare
- 129 Nepal 0.2286 million USD per square kilometre compare
- 130 Cote d'Ivoire 0.2264 million USD per square kilometre compare
- 131 Uganda 0.214 million USD 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per square kilometre in Iceland?
- Gross domestic product — value us$, 2015 prices, per square kilometre in Iceland was 0.2305 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Iceland?
- The highest recorded value was 0.2305 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Iceland?
- The lowest recorded value was 0.0372 million USD per square kilometre in 1970.
- How does Iceland rank for gross domestic product — value us$, 2015 prices, per square kilometre?
- Iceland ranks 128th out of 194 countries with data for 2023.
- Is gross domestic product — value us$, 2015 prices, per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 40.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value US$, 2015 prices 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.