Gross domestic product in current prices

25.60 (billion US dollars) in 2021

In 2021, GDP for Iceland was 25.6 billion US dollars. Though Iceland GDP fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 25.6 billion US dollars in 2021.

The description is composed by our digital data assistant.

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

Date Value Change, %
2021 25.60 18.01%
2020 21.70 -12.61%
2019 24.83 -5.48%
2018 26.26 6.21%
2017 24.73 18.92%
2016 20.79 18.70%
2015 17.52 -1.96%
2014 17.87 10.81%
2013 16.13 9.31%
2012 14.75 -3.09%
2011 15.22 10.70%
2010 13.75