Total gdp vs gdp per capita maddison in Iceland
Iceland: Total gdp vs gdp per capita maddison was 16.02 billion in 2022. ◆ Volatile
Latest (2022)
16.02 billion
Change on year
up 6.4%
World rank
147th
of 166 countries
All-time high
16.02 billion
in 2022
All-time low
1.18 billion
in 1951
Years of data
73
1950–2022
Total gdp vs gdp per capita maddison in Iceland, 1950–2022
Source: Our World in Data.
Analysis
In 2022, total gdp vs gdp per capita maddison in Iceland stood at 16.02 billion. That is the highest value across all 73 years on record.
The figure is up 6.4% on the previous year and up 35.3% over ten years.
Over the whole period, total gdp vs gdp per capita maddison in Iceland peaked at 16.02 billion in 2022 and was at its lowest, 1.18 billion, in 1951.
Iceland ranks 147th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total gdp vs gdp per capita maddison in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 1.21 billion | — |
| 1951 | 1.18 billion | -3.1% |
| 1952 | 1.31 billion | +11.0% |
| 1953 | 1.34 billion | +2.8% |
| 1954 | 1.46 billion | +8.8% |
| 1955 | 1.60 billion | +9.3% |
| 1956 | 1.67 billion | +4.4% |
| 1957 | 1.66 billion | -0.1% |
| 1958 | 1.78 billion | +7.2% |
| 1959 | 1.84 billion | +3.4% |
| 1960 | 1.93 billion | +4.5% |
| 1961 | 1.92 billion | -0.4% |
| 1962 | 2.08 billion | +8.5% |
| 1963 | 2.29 billion | +10.2% |
| 1964 | 2.53 billion | +10.2% |
| 1965 | 2.71 billion | +7.3% |
| 1966 | 2.95 billion | +8.6% |
| 1967 | 2.91 billion | -1.2% |
| 1968 | 2.75 billion | -5.6% |
| 1969 | 2.82 billion | +2.5% |
| 1970 | 3.03 billion | +7.5% |
| 1971 | 3.42 billion | +13.1% |
| 1972 | 3.63 billion | +6.2% |
| 1973 | 3.88 billion | +6.8% |
| 1974 | 4.10 billion | +5.7% |
| 1975 | 4.13 billion | +0.6% |
| 1976 | 4.38 billion | +6.0% |
| 1977 | 4.76 billion | +8.8% |
| 1978 | 5.05 billion | +6.0% |
| 1979 | 5.29 billion | +4.8% |
| 1980 | 5.60 billion | +5.7% |
| 1981 | 5.84 billion | +4.3% |
| 1982 | 5.96 billion | +2.2% |
| 1983 | 5.83 billion | -2.2% |
| 1984 | 6.07 billion | +4.1% |
| 1985 | 6.27 billion | +3.3% |
| 1986 | 6.67 billion | +6.3% |
| 1987 | 7.24 billion | +8.5% |
| 1988 | 7.23 billion | -0.1% |
| 1989 | 7.24 billion | +0.2% |
| 1990 | 7.33 billion | +1.2% |
| 1991 | 7.29 billion | -0.5% |
| 1992 | 7.01 billion | -3.8% |
| 1993 | 7.08 billion | +0.9% |
| 1994 | 7.30 billion | +3.2% |
| 1995 | 7.28 billion | -0.3% |
| 1996 | 7.60 billion | +4.4% |
| 1997 | 8.11 billion | +6.7% |
| 1998 | 8.61 billion | +6.2% |
| 1999 | 8.92 billion | +3.6% |
| 2000 | 9.31 billion | +4.3% |
| 2001 | 9.63 billion | +3.5% |
| 2002 | 9.62 billion | -0.1% |
| 2003 | 9.81 billion | +1.9% |
| 2004 | 10.59 billion | +8.0% |
| 2005 | 11.21 billion | +5.8% |
| 2006 | 11.78 billion | +5.1% |
| 2007 | 12.80 billion | +8.7% |
| 2008 | 13.03 billion | +1.8% |
| 2009 | 12.03 billion | -7.7% |
| 2010 | 11.53 billion | -4.2% |
| 2011 | 11.72 billion | +1.6% |
| 2012 | 11.84 billion | +1.1% |
| 2013 | 12.38 billion | +4.6% |
| 2014 | 12.59 billion | +1.7% |
| 2015 | 13.15 billion | +4.4% |
| 2016 | 13.98 billion | +6.3% |
| 2017 | 14.56 billion | +4.2% |
| 2018 | 15.28 billion | +4.9% |
| 2019 | 15.55 billion | +1.8% |
| 2020 | 14.42 billion | -7.2% |
| 2021 | 15.05 billion | +4.3% |
| 2022 | 16.02 billion | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.51 billion | 1.18 billion | 1.84 billion | 10 |
| 1960s | 2.49 billion | 1.92 billion | 2.95 billion | 10 |
| 1970s | 4.17 billion | 3.03 billion | 5.29 billion | 10 |
| 1980s | 6.39 billion | 5.60 billion | 7.24 billion | 10 |
| 1990s | 7.65 billion | 7.01 billion | 8.92 billion | 10 |
| 2000s | 10.98 billion | 9.31 billion | 13.03 billion | 10 |
| 2010s | 13.26 billion | 11.53 billion | 15.55 billion | 10 |
| 2020s | 15.16 billion | 14.42 billion | 16.02 billion | 3 |
Countries ranked near Iceland
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)
- Net primary income (Net income from abroad) (current LCU), annual 7.13 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 5.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1006 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 9,894 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
Frequently asked questions
- What is total gdp vs gdp per capita maddison in Iceland?
- Total gdp vs gdp per capita maddison in Iceland was 16.02 billion in 2022, according to Our World in Data.
- What is the highest total gdp vs gdp per capita maddison recorded in Iceland?
- The highest recorded value was 16.02 billion in 2022.
- What is the lowest total gdp vs gdp per capita maddison recorded in Iceland?
- The lowest recorded value was 1.18 billion in 1951.
- How does Iceland rank for total gdp vs gdp per capita maddison?
- Iceland ranks 147th out of 166 countries with data for 2022.
- Is total gdp vs gdp per capita maddison rising or falling in Iceland?
- Over the last ten years it is up 35.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Total gdp vs gdp per capita maddison. Statizoid updates them automatically from the source API.
Download this data
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