World StatisticsIceland: GDP growth (annual %), 1990–2025
Value in 20251.3
Change since 2015-66.0%3.8 (2015)
World rank152 / 1862025
Rank in region36 / 50Europe & Central Asia
World2.9World Bank aggregate
Trend and comparison
Neighbours in the 2025 ranking
1.4
1.4
1.3
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1.2
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Values and rank by year
| Year | GDP growth (annual %) | vs prior year | World rank |
|---|---|---|---|
| 2025 | 1.3 | +199.7% | 152 / 186 |
| 2024 | -1.3 | -125.5% | 189 / 200 |
| 2023 | 5.0 | -43.2% | 50 / 204 |
| 2022 | 8.9 | +71.0% | 27 / 209 |
| 2021 | 5.2 | +178.0% | 104 / 210 |
| 2020 | -6.6 | -683.9% | 140 / 210 |
| 2019 | 1.1 | -75.6% | 161 / 210 |
| 2018 | 4.7 | +33.7% | 59 / 211 |
| 2017 | 3.5 | -44.0% | 99 / 210 |
| 2016 | 6.2 | +65.0% | 35 / 210 |
| 2015 | 3.8 | +96.9% | 79 / 211 |
| 2014 | 1.9 | -46.8% | 144 / 210 |
| 2013 | 3.6 | +207.6% | 95 / 209 |
| 2012 | 1.2 | -15.3% | 143 / 209 |
| 2011 | 1.4 | +162.1% | 160 / 210 |
| 2010 | -2.2 | +73.3% | 193 / 210 |
| 2009 | -8.3 | -589.6% | 196 / 209 |
| 2008 | 1.7 | -80.6% | 149 / 206 |
| 2007 | 8.7 | +54.1% | 33 / 205 |
| 2006 | 5.7 | -19.3% | 93 / 204 |
| 2005 | 7.0 | -7.8% | 52 / 204 |
| 2004 | 7.6 | +234.1% | 42 / 204 |
| 2003 | 2.3 | +320.7% | 140 / 204 |
| 2002 | 0.5 | -85.9% | 160 / 200 |
| 2001 | 3.8 | -21.7% | 78 / 200 |
| 2000 | 4.9 | +25.8% | 75 / 199 |
| 1999 | 3.9 | -44.4% | 81 / 199 |
| 1998 | 7.0 | +69.3% | 32 / 199 |
| 1997 | 4.1 | -7.9% | 108 / 197 |
| 1996 | 4.5 | +3757.9% | 90 / 197 |
| 1995 | 0.1 | -96.8% | 169 / 196 |
| 1994 | 3.6 | +174.8% | 99 / 195 |
| 1993 | 1.3 | +138.9% | 113 / 195 |
| 1992 | -3.4 | -1409.4% | 151 / 194 |
| 1991 | -0.2 | -119.1% | 132 / 194 |
| 1990 | 1.2 | – | 113 / 176 |
- Population
- GDP (current US$, billions)
- GDP per capita (current US$)
- Inflation, consumer prices (annual %)
- Unemployment (% of labour force, ILO estimate)
- Life expectancy at birth (years)
- Fertility rate (births per woman)
- Population aged 65 and above (% of total)
- Urban population (% of total)
- Internet users (% of population)
- Surface area (km²)
- Population density (people per km² of land)
- Exports of goods and services (% of GDP)
For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.