Iceland 2014
Detailed economic analysis and indicators for 2014
Key Economic Indicators (2014)
GDP (Current USD)
$17.87 billion
↑ 10.81% vs 2013GDP per Capita
$54,576.74
↑ 9.58% vs 2013GDP Growth (Annual %)
1.69%
↓ 2.87pp vs 2013Inflation Rate (CPI %)
2.04%
↓ 1.83pp vs 2013Year-over-Year Comparison
| Indicator | 2013 | 2014 | Change |
|---|---|---|---|
| GDP (Current USD) | $16.13 billion | $17.87 billion | +10.81% |
| GDP per Capita | $49,804.98 | $54,576.74 | +9.58% |
| GDP Growth (Annual %) | 4.55% | 1.69% | -2.87pp |
| Inflation (CPI %) | 3.87% | 2.04% | -1.83pp |
| Unemployment Rate (%) | 5.38% | 4.90% | -0.48pp |
All Economic Indicators (2014)
National Accounts
- GDP (Current USD)
- $17.87 billion
- GDP per Capita
- $54,576.74
- GDP Growth (Annual %)
- 1.69%
- Gross National Income
- $17.64 billion
Prices & Employment
- Inflation (CPI %)
- 2.04%
- Inflation (GDP Deflator %)
- 4.14%
- Unemployment Rate (%)
- 4.90%
- Interest Rate (Real %)
- 3.46%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 4.35%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2014, Iceland's Gross Domestic Product (GDP) is $17.87 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iceland for 2014 is $54,576.74. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iceland for 2014 is 2.04%. This measures the annual percentage change in the cost of consumer goods and services.
Iceland's annual GDP growth rate for 2014 is 1.69%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iceland for 2014 is 4.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.