Iceland 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$24.68 billion
↓ 6.01% vs 2018GDP per Capita
$68,452.24
↓ 8.06% vs 2018GDP Growth (Annual %)
1.86%
↓ 3.03pp vs 2018Inflation Rate (CPI %)
3.01%
↑ 0.33pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $26.26 billion | $24.68 billion | -6.01% |
| GDP per Capita | $74,452.19 | $68,452.24 | -8.06% |
| GDP Growth (Annual %) | 4.89% | 1.86% | -3.03pp |
| Inflation (CPI %) | 2.68% | 3.01% | +0.33pp |
| Unemployment Rate (%) | 2.70% | 3.51% | +0.80pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $24.68 billion
- GDP per Capita
- $68,452.24
- GDP Growth (Annual %)
- 1.86%
- Gross National Income
- $25.37 billion
Prices & Employment
- Inflation (CPI %)
- 3.01%
- Inflation (GDP Deflator %)
- 4.46%
- Unemployment Rate (%)
- 3.51%
- Interest Rate (Real %)
- 2.39%
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)
- 6.54%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Iceland's Gross Domestic Product (GDP) is $24.68 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iceland for 2019 is $68,452.24. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iceland for 2019 is 3.01%. This measures the annual percentage change in the cost of consumer goods and services.
Iceland's annual GDP growth rate for 2019 is 1.86%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iceland for 2019 is 3.51%. This represents the percentage of the labor force that is unemployed and actively seeking employment.