Gross national income — all countries

Gross national income — Iceland

Gross national income in Iceland in 2025 — 38,497,584,491 US$. Ranked 100 in the world out of 182. Since 1960, the indicator has risen by 14,755.2%.

2025 38.5B US$ +17.05% vs 2024
World rank 100of 182
Period maximum 38.5B US$2025
Period minimum 259M US$1960

Trend over time

1960–2025 · US$

Gross national income — Iceland, 1960–2025010B20B30B40B19601967197419811988199520022009201620231960: 259,152,711 US$1962: 297,867,986 US$1964: 454,960,865 US$1966: 658,069,868 US$1968: 493,961,032 US$1970: 541,618,949 US$1972: 861,954,468 US$1974: 1,554,400,399 US$1976: 1,692,406,935 US$1978: 2,547,130,659 US$1980: 3,422,860,691 US$1982: 3,204,323,408 US$1984: 2,823,446,916 US$1986: 3,982,623,891 US$1988: 6,145,517,879 US$1990: 6,453,880,188 US$1992: 7,145,079,253 US$1994: 6,391,739,710 US$1996: 7,478,225,564 US$1998: 8,413,406,184 US$2000: 8,855,881,754 US$2002: 9,377,329,899 US$2004: 13,359,257,576 US$2006: 16,495,882,018 US$2008: 14,765,912,546 US$2010: 11,818,206,764 US$2012: 13,698,519,524 US$2014: 17,880,640,052 US$2016: 21,490,478,697 US$2018: 26,936,198,070 US$2020: 22,706,610,063 US$2022: 28,832,220,768 US$2024: 32,890,677,928 US$2025: 38,497,584,491 US$
Change over the period: +38.24B (+14,755.17%) Average annual rate: 8 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 38.5B US$
World 118T US$
Northern Europe computed 6.74T US$
High-income countries computed 74.49T US$
Gross national income — Iceland, by year Iceland All countries CSV XLSX
Year US$ Change Change, %
2025 38.5B +5.61B +17.05%
2024 32.89B +1.51B +4.8%
2023 31.38B +2.55B +8.85%
2022 28.83B +2.62B +10.01%
2021 26.21B +3.5B +15.42%
2020 22.71B −2.9B −11.33%
2019 25.61B −1.33B −4.93%
2018 26.94B +1.81B +7.19%
2017 25.13B +3.64B +16.93%
2016 21.49B +3.8B +21.45%
2015 17.69B −186M −1.04%
2014 17.88B +1.71B +10.59%
2013 16.17B +2.47B +18.03%
2012 13.7B +99.73M +0.73%
2011 13.6B +1.78B +15.07%
2010 11.82B +776M +7.02%
2009 11.04B −3.72B −25.22%
2008 14.77B −5.94B −28.69%
2007 20.71B +4.21B +25.52%
2006 16.5B +98.45M +0.6%
2005 16.4B +3.04B +22.74%
2004 13.36B +1.99B +17.49%
2003 11.37B +1.99B +21.26%
2002 9.38B +1.31B +16.29%
2001 8.06B −792M −8.95%
2000 8.86B −38.61M −0.43%
1999 8.89B +481M +5.72%
1998 8.41B +904M +12.03%
1997 7.51B +31.56M +0.42%
1996 7.48B +332M +4.64%
1995 7.15B +755M +11.81%
1994 6.39B +128M +2.05%
1993 6.26B −882M −12.34%
1992 7.15B +201M +2.89%
1991 6.94B +491M +7.6%
1990 6.45B +804M +14.22%
1989 5.65B −495M −8.06%
1988 6.15B +577M +10.36%
1987 5.57B +1.59B +39.82%
1986 3.98B +1.02B +34.62%
1985 2.96B +135M +4.78%
1984 2.82B +80.83M +2.95%
1983 2.74B −462M −14.41%
1982 3.2B −307M −8.75%
1981 3.51B +88.61M +2.59%
1980 3.42B +531M +18.37%
1979 2.89B +344M +13.52%
1978 2.55B +299M +13.31%
1977 2.25B +556M +32.83%
1976 1.69B +264M +18.48%
1975 1.43B −126M −8.11%
1974 1.55B +368M +31.07%
1973 1.19B +324M +37.59%
1972 862M +171M +24.83%
1971 690M +149M +27.49%
1970 542M +111M +25.69%
1969 431M −63.05M −12.76%
1968 494M −155M −23.91%
1967 649M −8.91M −1.35%
1966 658M +110M +20.17%
1965 548M +92.67M +20.37%
1964 455M +99.09M +27.84%
1963 356M +58M +19.47%
1962 298M +32.77M +12.36%
1961 265M +5.94M +2.29%
1960 259M

About the indicator

Gross national income in current dollars: everything produced inside the country, plus the income its residents receive from abroad, minus the income non-residents receive inside it. This adjustment is exactly what separates GNI from GDP, and in most countries the difference is small, though not everywhere: in Ireland GNI is markedly below GDP because of the profits of foreign corporations, while in countries with large labor migration it is higher, on account of remittances and earnings abroad. It is by GNI per capita that the World Bank divides countries into income groups.

Important: The divergence from GDP is worth looking at as a pair: the difference itself is the net income from abroad.

Source: World Development Indicators (World Bank), license CC BY 4.0.