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Iceland · Annual SERIES

Total GDP in Iceland

Total annual economic output of an economic territory, expressed in US dollars at constant 2015 prices.

$23,116,588,684constant 2015 US$
2025Observation year

+1.28% from 2024

Iceland
Total GDP in Iceland, 2000–2025constant 2015 US$. Underlying figures are available in the data table.11B14B18B21B25B200020052010201520202025

constant 2015 US$ · World Bank · Missing observations remain gaps.

Underlying data

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Total GDP · Iceland · constant 2015 US$
YearValueStatus & source note
202523116588684.0143present
202422824557130.9069present
202323121173215.7303present
202222013401666.7718present
202120222255993.2392present
202019226227454.8966present
201920594942209.8705present
201820363166153.4652present
201719456350343.0849present
201618801118750.082present
201517700486957.1907present
201417057653884.1965present
201316737332122.1518present
201216156200540.5153present
201115969467678.6418present
201015752089366.4679present
200916110024869.345present
200817572297288.4242present
200717278627876.0624present
200615889660323.6699present
200515036829617.4341present
200414049259326.0012present
200313054189962.4598present
200212763018327.1805present
200112694179476.6135present
200012224638524.7157present

Definition & method

WDI combines official national accounts, OECD national accounts files and World Bank estimates, following System of National Accounts standards. Constant-price output is rescaled to a common 2015 reference year and expressed in US dollars.

Total annual economic output of an economic territory, expressed in US dollars at constant 2015 prices.

What to keep in mind

  • This is total economic output, not output per person, household income or wealth.
  • Constant 2015 US dollars are not purchasing-power-parity dollars. Economy size and population strongly influence total levels.
  • National accounts coverage, rebasing, estimated informal activity and methods differ; revisions and breaks in series can occur.
  • Comparing GDP and electricity over time describes association, not a causal effect.
Read the metric definition