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Iceland GDP

Iceland has the 106th largest economy in the world . The gross domestic product (GDP) of Iceland is $16.60 (USD Billion) and its growth was 3.96% from 2014 to 2015. Its highest GDP was recorded in 2007 and its average GDP in the last 10 years is $15.98 (USD Billion).

Iceland GDP per capita is $50,173.34 (USD). However, when factoring in purchase power parity (PPP), it becomes $46,546.98 (USD), making it the 19th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $40,841.83 (USD).

GDP Of Iceland Per Year

Iceland's GDP & Other Economic Statistics

Iceland GDP Current Previous Highest Unit
GNI per capita, PPP 46,120.00 43,210.00 46,120.00 International $
GNI, PPP 15.26 14.15 15.26 International $ Billion
GNI 16.45 16.73 20.38 USD Billion
GDP per capita, PPP 46,546.98 43,993.29 46,546.98 International $
GDP per capita growth 2.88 0.70 6.76 %
GDP per capita 50,173.34 52,036.73 68,344.56 USD
GDP growth 3.96 1.83 9.49 %
GDP 16.60 17.04 21.29 USD Billion
Gross fixed capital formation 3.19 2.84 6.25 USD Billion
Gross domestic savings 3.93 3.55 4.40 USD Billion
Tax revenue 25.69 22.91 27.42 % of GDP
Services, etc., value added 9.33 8.50 12.67 USD Billion
Industry, value added 3.18 2.93 4.25 USD Billion
Manufacturing, value added 1.72 1.58 1.92 USD Billion
Agriculture, value added 928.58 961.62 996.73 USD Million
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Iceland – current values and historical information. The information was last updated 2016.

GDP Of Iceland vs. Other Countries

Rank Country GDP (USD Billion), 2015
101 Nepal 20.88
102 Honduras 20.15
103 Cyprus 19.32
104 Afghanistan 19.20
105 Cambodia 18.05
106 Iceland 16.60
107 Bosnia And Herzegovina 16.00
108 Brunei Darussalam 15.49
109 Mozambique 14.69
110 Botswana 14.39
111 Gabon 14.34
The GDP of Iceland is tabulated by govermental institutions and was last updated on May 9th, 2017.