Gross value added at basic prices (GVA) (constant 2015 US$), per in Iceland
Iceland: Gross value added at basic prices (GVA) (constant 2015 US$), per was 205,994 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Iceland, 1995–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Iceland recorded 205,994 constant 2015 US$ per square kilometre for gross value added at basic prices (gva) (constant 2015 us$), per in 2023. That is the highest value across all 29 years on record.
That represents a change of up 5.0% on the previous year and up 37.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Iceland peaked at 205,994 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 86,311 constant 2015 US$ per square kilometre, in 1995.
Iceland ranks 127th of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Iceland, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1995 | 86,311 constant 2015 US$ per square kilometre | — |
| 1996 | 90,193 constant 2015 US$ per square kilometre | +4.5% |
| 1997 | 93,928 constant 2015 US$ per square kilometre | +4.1% |
| 1998 | 100,513 constant 2015 US$ per square kilometre | +7.0% |
| 1999 | 104,431 constant 2015 US$ per square kilometre | +3.9% |
| 2000 | 109,553 constant 2015 US$ per square kilometre | +4.9% |
| 2001 | 113,762 constant 2015 US$ per square kilometre | +3.8% |
| 2002 | 114,378 constant 2015 US$ per square kilometre | +0.5% |
| 2003 | 116,988 constant 2015 US$ per square kilometre | +2.3% |
| 2004 | 125,905 constant 2015 US$ per square kilometre | +7.6% |
| 2005 | 134,755 constant 2015 US$ per square kilometre | +7.0% |
| 2006 | 142,398 constant 2015 US$ per square kilometre | +5.7% |
| 2007 | 154,846 constant 2015 US$ per square kilometre | +8.7% |
| 2008 | 157,477 constant 2015 US$ per square kilometre | +1.7% |
| 2009 | 144,373 constant 2015 US$ per square kilometre | -8.3% |
| 2010 | 141,165 constant 2015 US$ per square kilometre | -2.2% |
| 2011 | 143,113 constant 2015 US$ per square kilometre | +1.4% |
| 2012 | 144,787 constant 2015 US$ per square kilometre | +1.2% |
| 2013 | 149,995 constant 2015 US$ per square kilometre | +3.6% |
| 2014 | 152,866 constant 2015 US$ per square kilometre | +1.9% |
| 2015 | 158,626 constant 2015 US$ per square kilometre | +3.8% |
| 2016 | 168,490 constant 2015 US$ per square kilometre | +6.2% |
| 2017 | 174,362 constant 2015 US$ per square kilometre | +3.5% |
| 2018 | 181,439 constant 2015 US$ per square kilometre | +4.1% |
| 2019 | 183,519 constant 2015 US$ per square kilometre | +1.1% |
| 2020 | 171,323 constant 2015 US$ per square kilometre | -6.6% |
| 2021 | 180,200 constant 2015 US$ per square kilometre | +5.2% |
| 2022 | 196,160 constant 2015 US$ per square kilometre | +8.9% |
| 2023 | 205,994 constant 2015 US$ per square kilometre | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95,075 constant 2015 US$ per square kilometre | 86,311 constant 2015 US$ per square kilometre | 104,431 constant 2015 US$ per square kilometre | 5 |
| 2000s | 131,444 constant 2015 US$ per square kilometre | 109,553 constant 2015 US$ per square kilometre | 157,477 constant 2015 US$ per square kilometre | 10 |
| 2010s | 159,836 constant 2015 US$ per square kilometre | 141,165 constant 2015 US$ per square kilometre | 183,519 constant 2015 US$ per square kilometre | 10 |
| 2020s | 188,419 constant 2015 US$ per square kilometre | 171,323 constant 2015 US$ per square kilometre | 205,994 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Iceland
- 124 Honduras 217,694 constant 2015 US$ per square kilometre compare
- 125 Nepal 208,800 constant 2015 US$ per square kilometre compare
- 126 Côte d'Ivoire 208,696 constant 2015 US$ per square kilometre compare
- 128 Brazil 202,144 constant 2015 US$ per square kilometre compare
- 129 Australia 200,435 constant 2015 US$ per square kilometre compare
- 130 Canada 194,543 constant 2015 US$ 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)
- Services, value added (constant LCU), per capita 6.16 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8994 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 88,429 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 115.52 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 11.36 million current LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Iceland?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Iceland was 205,994 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Iceland?
- The highest recorded value was 205,994 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Iceland?
- The lowest recorded value was 86,311 constant 2015 US$ per square kilometre in 1995.
- How does Iceland rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Iceland ranks 127th out of 192 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per 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 value added at basic prices (GVA) (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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 value added at basic prices (GVA) (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) 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.