Iceland GDP
GDP nominal (2023)
$31,325,116,556
GDP growth rate
(2023) 5.04% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of Iceland is $31,325,116,556 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of Iceland reached $23,245,527,336 in 2023.
- GDP Growth Rate in 2023 was 5.04%, representing a change of 1,114,766,152 US$ over 2022, when Real GDP was $22,130,761,184.
- GDP per Capita in Iceland (with a population of 387,558 people) was $59,979 in 2023, an increase of $1,795 from $58,184 in 2022; this represents a change of 3.1% in GDP per capita.
Iceland GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of Iceland
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $31,325,116,556 | $23,245,527,336 | 5.04% | $59,979 | 1.89% | 387,558 |
| 2022 | $28,770,206,627 | $22,130,761,184 | 8.99% | $58,184 | 2.07% | 380,356 |
| 2021 | $25,825,287,184 | $20,304,846,332 | 5.25% | $54,489 | 1.64% | 372,644 |
| 2020 | $21,629,953,194 | $19,291,243,913 | −6.94% | $52,620 | 1.64% | 366,614 |
| 2019 | $24,681,343,649 | $20,729,999,827 | 1.86% | $57,472 | 2.22% | 360,700 |
| 2018 | $26,260,850,582 | $20,351,227,274 | 4.89% | $57,676 | 2.71% | 352,854 |
| 2017 | $24,728,285,177 | $19,402,600,567 | 4.19% | $56,480 | 2.37% | 343,531 |
| 2016 | $20,793,168,031 | $18,621,440,660 | 6.3% | $55,491 | 1.4% | 335,574 |
| 2015 | $17,517,210,519 | $17,517,210,519 | 4.44% | $52,930 | 1.05% | 330,952 |
| 2014 | $17,867,662,178 | $16,773,046,836 | 1.69% | $51,214 | 1.12% | 327,512 |
| 2013 | $16,125,060,515 | $16,494,745,020 | 4.55% | $50,928 | 0.95% | 323,885 |
| 2012 | $14,751,508,134 | $15,776,524,981 | 1.06% | $49,172 | 0.53% | 320,841 |
| 2011 | $15,221,622,926 | $15,610,486,136 | 1.85% | $48,915 | 0.31% | 319,137 |
| 2010 | $13,751,161,918 | $15,327,572,988 | −2.83% | $48,176 | −0.14% | 318,158 |
| 2009 | $13,154,414,219 | $15,774,426,999 | −7.66% | $49,510 | 0.35% | 318,612 |
| 2008 | $18,074,622,987 | $17,083,688,340 | 2.21% | $53,805 | 1.88% | 317,514 |
| 2007 | $21,652,505,597 | $16,714,384,610 | 8.45% | $53,632 | 2.56% | 311,651 |
| 2006 | $17,465,318,552 | $15,411,374,461 | 6.32% | $50,716 | 2.37% | 303,874 |
| 2005 | $16,852,963,067 | $14,495,683,158 | 6.12% | $48,834 | 1.6% | 296,834 |
| 2004 | $13,825,302,536 | $13,659,137,612 | 7.8% | $46,751 | 0.88% | 292,168 |
| 2003 | $11,429,333,038 | $12,670,532,079 | 2.14% | $43,751 | 0.69% | 289,605 |
| 2002 | $9,318,395,055 | $12,404,737,216 | 0.56% | $43,131 | 0.9% | 287,607 |
| 2001 | $8,234,846,805 | $12,335,716,528 | 4.01% | $43,275 | 1.34% | 285,053 |
| 2000 | $9,025,660,362 | $11,859,726,688 | 4.99% | $42,163 | 1.38% | 281,280 |
| 1999 | $8,982,047,589 | $11,296,586,995 | 4.03% | $40,716 | 1.22% | 277,448 |
| 1998 | $8,503,693,099 | $10,858,456,576 | 7.36% | $39,613 | 1.08% | 274,111 |
| 1997 | $7,569,672,925 | $10,113,797,776 | 5.77% | $37,295 | 0.83% | 271,185 |
| 1996 | $7,426,082,271 | $9,561,920,769 | 4.57% | $35,551 | 0.54% | 268,960 |
| 1995 | $7,123,633,418 | $9,144,289,755 | 0.12% | $34,183 | 0.55% | 267,510 |
| 1994 | $6,389,460,343 | $9,133,641,417 | 3.61% | $34,330 | 0.87% | 266,053 |
| 1993 | $6,218,581,532 | $8,815,502,462 | 1.31% | $33,423 | 1.02% | 263,754 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division