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
|GNI per capita, PPP||46,120.00||43,210.00||46,120.00||International $|
|GNI, PPP||15.26||14.15||15.26||International $ 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|
|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|
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), 2005|