GDP,current LCU,millions,seas. adj. in Iceland

Iceland: GDP,current LCU,millions,seas. adj. was 1.34 million in 2026. ◆ Volatile

Latest (2026)
1.34 million
Change on year
down 72.9%
World rank
39th
of 93 countries
All-time high
4.96 million
in 2025
All-time low
476,949
in 1995
Years of data
32
1995–2026

GDP,current LCU,millions,seas. adj. in Iceland, 1995–2026

01.0M2.0M3.0M4.0M5.0M1995201020261995: 476.9k1996: 511.2k1997: 547.2k1998: 612.9k1999: 658.8k2000: 718.6k2001: 810.9k2002: 863.1k2003: 887.1k2004: 980.2k2005: 1.1M2006: 1.2M2007: 1.4M2008: 1.6M2009: 1.6M2010: 1.7M2011: 1.8M2012: 1.9M2013: 2.0M2014: 2.1M2015: 2.3M2016: 2.5M2017: 2.7M2018: 2.9M2019: 3.1M2020: 3.0M2021: 3.3M2022: 3.9M2023: 4.4M2024: 4.6M2025: 5.0M2026: 1.3M

Source: World Bank.

Analysis

The most recent figure for gdp,current lcu,millions,seas. adj. in Iceland is 1.34 million, measured in 2026.

The figure is down 72.9% on the previous year and down 47.4% over ten years.

Over the whole period, gdp,current lcu,millions,seas. adj. in Iceland peaked at 4.96 million in 2025 and was at its lowest, 476,949, in 1995.

Iceland ranks 39th of 93 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP,current LCU,millions,seas. adj. in Iceland, year by year

Annual values for GDP,current LCU,millions,seas. adj., in Iceland, 1995 to 2026.
Year Value Change
1995 476,949 —
1996 511,157 +7.2%
1997 547,153 +7.0%
1998 612,919 +12.0%
1999 658,803 +7.5%
2000 718,564 +9.1%
2001 810,903 +12.9%
2002 863,105 +6.4%
2003 887,116 +2.8%
2004 980,152 +10.5%
2005 1.08 million +10.2%
2006 1.24 million +14.8%
2007 1.41 million +13.4%
2008 1.60 million +14.1%
2009 1.63 million +1.8%
2010 1.70 million +4.2%
2011 1.78 million +4.9%
2012 1.87 million +4.7%
2013 1.98 million +6.2%
2014 2.11 million +6.2%
2015 2.34 million +10.8%
2016 2.55 million +9.1%
2017 2.68 million +5.1%
2018 2.89 million +7.9%
2019 3.06 million +6.0%
2020 2.98 million -2.6%
2021 3.33 million +11.6%
2022 3.95 million +18.5%
2023 4.37 million +10.8%
2024 4.58 million +4.7%
2025 4.96 million +8.2%
2026 1.34 million -72.9%

Iceland compared with similar countries

  • Iceland's 1.34 million is above the median for high income countries, which is 605,125, 2.2× the median. (49 countries reporting)
  • Iceland's 1.34 million is above the median for Europe & Central Asia, which is 382,583, 3.5× the median. (42 countries reporting)

Biggest year-on-year movements

Years where GDP,current LCU,millions,seas. adj. in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2026 -72.9% 4.96 million 1.34 million

Averages by decade

DecadeAverage LowestHighest Years
1990s 561,396 476,949 658,803 5
2000s 1.12 million 718,564 1.63 million 10
2010s 2.30 million 1.70 million 3.06 million 10
2020s 3.64 million 1.34 million 4.96 million 7

Countries ranked near Iceland

  1. 36 United Kingdom 1.57 million compare
  2. 37 France 1.52 million compare
  3. 38 Norway 1.44 million compare
  4. 40 Saudi Arabia 1.27 million compare
  5. 41 Israel 1.11 million compare
  6. 42 Malaysia 1.08 million compare

See the full ranking of 93 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp,current lcu,millions,seas. adj. in Iceland?
Gdp,current lcu,millions,seas. adj. in Iceland was 1.34 million in 2026, according to the World Bank.
What is the highest gdp,current lcu,millions,seas. adj. recorded in Iceland?
The highest recorded value was 4.96 million in 2025.
What is the lowest gdp,current lcu,millions,seas. adj. recorded in Iceland?
The lowest recorded value was 476,949 in 1995.
How does Iceland rank for gdp,current lcu,millions,seas. adj.?
Iceland ranks 39th out of 93 countries with data for 2026.
Is gdp,current lcu,millions,seas. adj. rising or falling in Iceland?
Over the last ten years it is down 47.4%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of GDP,current LCU,millions,seas. adj.,. Statizoid updates them automatically from the source API.

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GDP,current LCU,millions,seas. adj. in Iceland. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/gdp-current-lcu-millions-seas-adj/iceland/

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About this data

Indicator
GDP,current LCU,millions,seas. adj.,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
93 places, 2,952 data points, 1987–2026
Last refreshed