Iceland GDP
Animated chart · GDP (current US$) · 1960–2024
$33.3B2024 (latest)
+12,642%since 1960
$33.3Bpeak (2024)
65years of data
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Iceland GDP rose from $261.0M in 1960 to $33.3B in 2024 — 12,642% higher over 64 years, a compound 7.9% a year. It sits at its highest level on record in 2024. The sharpest single-year move was +38% in 1987, against a 28% fall in 2009. Over the past decade it rose 84%.
The data
| Year | GDP |
|---|---|
| 2024 | $33.3B |
| 2023 | $31.7B |
| 2022 | $29.2B |
| 2021 | $26.2B |
| 2020 | $22.0B |
| 2019 | $25.0B |
| 2018 | $26.7B |
| 2017 | $25.1B |
| 2016 | $21.1B |
| 2015 | $17.7B |
| 2014 | $18.1B |
| 2013 | $16.2B |
| 2012 | $14.9B |
| 2011 | $15.4B |
| 2010 | $13.9B |
| 2009 | $13.2B |
| 2008 | $18.2B |
| 2007 | $22.0B |
| 2006 | $17.7B |
| 2005 | $17.1B |
| 2004 | $14.0B |
| 2003 | $11.6B |
| 2002 | $9.4B |
| 2001 | $8.3B |
| 2000 | $9.1B |
| 1999 | $9.1B |
| 1998 | $8.6B |
| 1997 | $7.7B |
| 1996 | $7.7B |
| 1995 | $7.4B |
| 1994 | $6.6B |
| 1993 | $6.4B |
| 1992 | $7.3B |
| 1991 | $7.2B |
| 1990 | $6.7B |
| 1989 | $5.9B |
| 1988 | $6.3B |
| 1987 | $5.7B |
| 1986 | $4.1B |
| 1985 | $3.1B |
| 1984 | $3.0B |
| 1983 | $2.9B |
| 1982 | $3.3B |
| 1981 | $3.6B |
| 1980 | $3.5B |
| 1979 | $3.0B |
| 1978 | $2.6B |
| 1977 | $2.3B |
| 1976 | $1.7B |
| 1975 | $1.5B |
| 1974 | $1.6B |
| 1973 | $1.2B |
| 1972 | $869.0M |
| 1971 | $693.7M |
| 1970 | $545.1M |
| 1969 | $435.7M |
| 1968 | $498.4M |
| 1967 | $652.6M |
| 1966 | $660.7M |
| 1965 | $550.2M |
| 1964 | $456.2M |
| 1963 | $357.2M |
| 1962 | $299.3M |
| 1961 | $266.7M |
| 1960 | $261.0M |
Data: World Bank (World Development Indicators), indicator NY.GDP.MKTP.CD. Licensed CC BY 4.0.
Frequently asked questions
What is Iceland's GDP in 2024?
Iceland's GDP was $33.3B in 2024, from the World Bank's GDP (current US$) series.
How much has Iceland's GDP grown since 1960?
It rose from $261.0M in 1960 to $33.3B in 2024 — 12,642% higher, about 7.9% a year.
When was Iceland's GDP at its highest?
It is at its highest on record in 2024, at $33.3B.
Where does this GDP chart get its data?
The World Bank's World Development Indicators (series NY.GDP.MKTP.CD), licensed CC BY 4.0. Kitegraph charts it and lets you export an animated video.