GDP Constant Prices in Iceland averaged 279828.94 ISK Million from 1997 until 2020, reaching an all time high of 393889 ISK Million in the fourth quarter of 2019 and a record low of 182456 ISK Million in the first quarter of 1998.
Iceland gdp growth rate for 2019 was 1.92%, a 1.9% decline from 2018.
1960-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Iceland gdp for 2018 … Iceland gdp for 2018 was $20.85B, a 2.26% increase from 2018. Iceland gdp per … After … The economy of Iceland is small and subject to high volatility. 3Y 10Y Iceland GDP Contracts the Most in 10 Years The economy of Iceland shrank 1.2 percent year-on-year in the first three months of 2020, the worst contraction since 2010, mainly due to a decline in tourism after several countries imposed coronavirus lockdown restrictions. It is the biggest contraction since the first quarter of 2009, mainly due to a decline in tourism after several countries imposed coronavirus lockdown restrictions.
The financial crisis of 2007–2010 produced a decline in GDP and employment that has since been reversed entirely by a recovery aided by a tourismboom starting in 2010. The dashboard should have a minimum width of 768px to be displayed properly.Copy the URL to open this chart with all your selections.Use this code to embed the visualisation into your website. Snapshot of data for a fixed period (data will not change even if updated on the site)
Iceland gdp growth rate for 2017 was 4.55%, a 2.08% decline from 2016. Iceland gdp growth rate for 2016 was 6.63%, a 1.88% increase from 2015.
The Trading Economics Application Programming Interface (API) provides direct access to our data. In 2011, gross domestic product was US$12bn, but by 2018 it had increased to a nominal GDP of US$27bn. Income inequality, 0 = complete equality; 1 = complete inequality, latest available year Tourism accounted for more than 10% of Iceland's GDP in 2017. Air and GHG emissions, Carbon dioxide (CO2), latest available year Organisation for Economic
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Gross domestic product (GDP), US dollars/capita, 2019Use this code to embed the country dashboard into your website. In the long-term, the Iceland GDP is projected to trend around 23.50 USD Billion in 2021 and 24.10 USD Billion in 2022, according to our econometric models.
GDP in Iceland is expected to reach 20.20 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. May-2020 Iceland Long-term average = 100: Household disposable income Indicator: Labour compensation per hour worked Indicator: 3.7 Total Annual growth rate (%) 2019 Iceland Annual growth rate (%) Total Annual growth rate (%) 2009-2019 Iceland (red) Total Annual growth rate (%) 2019 Iceland (red) Net national income Indicator: Trade in goods and services Indicator: 45.3 Exports % of GDP … The Gross Domestic Product (GDP) in Iceland contracted 7 percent in the first quarter of 2020 over the previous quarter. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Current USD
Iceland gdp per capita for 2018 was $73,368, a 2.88% increase from 2017. Organisation for Economic Co-operation and Development (OECD)
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