GDP growth in Iceland in 2025 — 1.28%. Ranked 152 in the world out of 186. Since 1961, the indicator has risen by 1.35 pp.
1961–2025 · % per year
How the value compares with the world and the groups this territory belongs to: Iceland
| Year | % | Change, pp |
|---|---|---|
| 2025 | 1.28 | +2.56 pp |
| 2024 | -1.28 | −6.32 pp |
| 2023 | 5.03 | −3.83 pp |
| 2022 | 8.86 | +3.68 pp |
| 2021 | 5.18 | +11.83 pp |
| 2020 | -6.65 | −7.78 pp |
| 2019 | 1.14 | −3.52 pp |
| 2018 | 4.66 | +1.18 pp |
| 2017 | 3.49 | −2.73 pp |
| 2016 | 6.22 | +2.45 pp |
| 2015 | 3.77 | +1.85 pp |
| 2014 | 1.91 | −1.68 pp |
| 2013 | 3.6 | +2.43 pp |
| 2012 | 1.17 | −0.21 pp |
| 2011 | 1.38 | +3.6 pp |
| 2010 | -2.22 | +6.1 pp |
| 2009 | -8.32 | −10.02 pp |
| 2008 | 1.7 | −7.04 pp |
| 2007 | 8.74 | +3.07 pp |
| 2006 | 5.67 | −1.36 pp |
| 2005 | 7.03 | −0.59 pp |
| 2004 | 7.62 | +5.34 pp |
| 2003 | 2.28 | +1.74 pp |
| 2002 | 0.54 | −3.3 pp |
| 2001 | 3.84 | −1.06 pp |
| 2000 | 4.91 | +1.01 pp |
| 1999 | 3.9 | −3.11 pp |
| 1998 | 7.01 | +2.87 pp |
| 1997 | 4.14 | −0.36 pp |
| 1996 | 4.5 | +4.38 pp |
| 1995 | 0.12 | −3.49 pp |
| 1994 | 3.61 | +2.3 pp |
| 1993 | 1.31 | +4.69 pp |
| 1992 | -3.37 | −3.15 pp |
| 1991 | -0.22 | −1.39 pp |
| 1990 | 1.17 | +0.91 pp |
| 1989 | 0.26 | +0.35 pp |
| 1988 | -0.09 | −8.64 pp |
| 1987 | 8.55 | +2.28 pp |
| 1986 | 6.27 | +2.98 pp |
| 1985 | 3.29 | −0.84 pp |
| 1984 | 4.13 | +6.28 pp |
| 1983 | -2.15 | −4.31 pp |
| 1982 | 2.15 | −2.11 pp |
| 1981 | 4.27 | −1.48 pp |
| 1980 | 5.75 | +0.89 pp |
| 1979 | 4.86 | −1.16 pp |
| 1978 | 6.02 | −2.81 pp |
| 1977 | 8.82 | +2.86 pp |
| 1976 | 5.96 | +5.31 pp |
| 1975 | 0.65 | −5.06 pp |
| 1974 | 5.71 | −1.1 pp |
| 1973 | 6.81 | +0.63 pp |
| 1972 | 6.18 | −6.88 pp |
| 1971 | 13.06 | +5.6 pp |
| 1970 | 7.46 | +5.07 pp |
| 1969 | 2.39 | +7.89 pp |
| 1968 | -5.5 | −4.24 pp |
| 1967 | -1.26 | −10.01 pp |
| 1966 | 8.75 | +1.45 pp |
| 1965 | 7.3 | −2.59 pp |
| 1964 | 9.88 | −0.4 pp |
| 1963 | 10.28 | +1.97 pp |
| 1962 | 8.31 | +8.39 pp |
| 1961 | -0.07 | — |
The same indicator for neighboring countries — with links to their pages
The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.
Source: World Development Indicators (World Bank), license CC BY 4.0.
By how many percent the economy grew over a year per person.
Economy GDP in constant pricesThe size of the economy in 2015 prices — the series on which real growth is visible rather than inflation.
Economy Real GDP growth (IMF)Real GDP growth rates as estimated and projected by the IMF.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
