Tourism contribution to GDP in Iceland

Iceland: Tourism contribution to GDP was 6.1% in 2022. ▲ Rising

Latest (2022)
6.1%
Change on year
up 56.4%
World rank
23rd
of 100 countries
All-time high
8.2%
in 2016
All-time low
2.8%
in 2020
Years of data
14
2009–2022

Tourism contribution to GDP in Iceland, 2009–2022

24682009201520222009: 3.5 %2010: 3.4 %2011: 3.7 %2012: 4.2 %2013: 4.7 %2014: 5.5 %2015: 6.5 %2016: 8.2 %2017: 8 %2018: 8.1 %2019: 8.1 %2020: 2.8 %2021: 3.9 %2022: 6.1 %

Source: UN Tourism (2025) – processed by Our World in Data. Measured in %.

Analysis

In 2022, tourism contribution to gdp in Iceland stood at 6.1%.

Compared with earlier readings it is up 56.4% on the previous year and up 46.4% over ten years.

Over the whole period, tourism contribution to gdp in Iceland peaked at 8.2% in 2016 and was at its lowest, 2.8%, in 2020.

Iceland ranks 23rd of 100 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Tourism contribution to GDP in Iceland, year by year

Annual values for Tourism contribution to GDP in Iceland, 2009 to 2022.
Year % Change
2009 3.5%
2010 3.4% -2.4%
2011 3.7% +7.5%
2012 4.2% +13.1%
2013 4.7% +12.3%
2014 5.5% +17.1%
2015 6.5% +18.6%
2016 8.2% +26.1%
2017 8.0% -2.6%
2018 8.1% +1.3%
2019 8.1% +0.1%
2020 2.8% -65.4%
2021 3.9% +39.3%
2022 6.1% +56.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.5% 3.5% 3.5% 1
2010s 6.0% 3.4% 8.2% 10
2020s 4.3% 2.8% 6.1% 3

Countries ranked near Iceland

  1. 20 Morocco 7.1% compare
  2. 21 Honduras 6.5% compare
  3. 22 Guam 6.3% compare
  4. 24 Jordan 5.9% compare
  5. 25 Albania 5.6% compare
  6. 26 Spain 5.5% compare

See the full ranking of 100 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is tourism contribution to gdp in Iceland?
Tourism contribution to gdp in Iceland was 6.1% in 2022, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest tourism contribution to gdp recorded in Iceland?
The highest recorded value was 8.2% in 2016.
What is the lowest tourism contribution to gdp recorded in Iceland?
The lowest recorded value was 2.8% in 2020.
How does Iceland rank for tourism contribution to gdp?
Iceland ranks 23rd out of 100 countries with data for 2022.
Is tourism contribution to gdp rising or falling in Iceland?
Over the last ten years it is up 46.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from UN Tourism (2025) – processed by Our World in Data, published as part of Tourism contribution to GDP. Statizoid updates them automatically from the source API.

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Tourism contribution to GDP in Iceland. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/tourism-gdp-proportion-of-total-gdp/iceland/

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About this data

Indicator
Tourism contribution to GDP
Unit
%
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
100 places, 1,188 data points, 2008–2023
Last refreshed

Percentage of a country's GDP that comes directly from tourism, including spending by visitors and the industries that serve them.