Iceland 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$26.26 billion
↑ 6.20% vs 2017GDP per Capita
$74,452.19
↑ 3.39% vs 2017GDP Growth (Annual %)
4.89%
↑ 0.69pp vs 2017Inflation Rate (CPI %)
2.68%
↑ 0.92pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $24.73 billion | $26.26 billion | +6.20% |
| GDP per Capita | $72,010.15 | $74,452.19 | +3.39% |
| GDP Growth (Annual %) | 4.19% | 4.89% | +0.69pp |
| Inflation (CPI %) | 1.76% | 2.68% | +0.92pp |
| Unemployment Rate (%) | 2.74% | 2.70% | -0.04pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $26.26 billion
- GDP per Capita
- $74,452.19
- GDP Growth (Annual %)
- 4.89%
- Gross National Income
- $26.70 billion
Prices & Employment
- Inflation (CPI %)
- 2.68%
- Inflation (GDP Deflator %)
- 2.63%
- Unemployment Rate (%)
- 2.70%
- Interest Rate (Real %)
- 4.21%
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)
- 4.28%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Iceland's Gross Domestic Product (GDP) is $26.26 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iceland for 2018 is $74,452.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iceland for 2018 is 2.68%. This measures the annual percentage change in the cost of consumer goods and services.
Iceland's annual GDP growth rate for 2018 is 4.89%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iceland for 2018 is 2.70%. This represents the percentage of the labor force that is unemployed and actively seeking employment.