Real GDP growth in Iceland
Real GDP in Iceland changed by 1.3% in 2025.
Iceland, 2025
1.3%
Change from 2024
+2.6percentage points
World, 2025
2.9%
Median of OECD (38 countries), 2025
1.4%
Position in 2025
152nd of 186
Real GDP growth in Iceland over time
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Iceland
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Annual % change. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | World |
|---|---|---|
| 2025 | 1.3% | 2.9% |
| 2024 | -1.3% | 2.9% |
| 2023 | 5.0% | 2.9% |
| 2022 | 8.9% | 3.4% |
| 2021 | 5.2% | 6.5% |
| 2020 | -6.6% | -2.9% |
| 2019 | 1.1% | 2.7% |
| 2018 | 4.7% | 3.3% |
| 2017 | 3.5% | 3.4% |
| 2016 | 6.2% | 2.8% |
| 2015 | 3.8% | 3.1% |
| 2014 | 1.9% | 3.2% |
| 2013 | 3.6% | 2.9% |
| 2012 | 1.2% | 2.7% |
| 2011 | 1.4% | 3.3% |
| 2010 | -2.2% | 4.5% |
| 2009 | -8.3% | -1.3% |
| 2008 | 1.7% | 2.1% |
| 2007 | 8.7% | 4.4% |
| 2006 | 5.7% | 4.5% |
| 2005 | 7.0% | 4.1% |
| 2004 | 7.6% | 4.5% |
| 2003 | 2.3% | 3.1% |
| 2002 | 0.5% | 2.3% |
| 2001 | 3.8% | 2.0% |
A dash means no value was published for that period.
In short
- That is a change of +2.6 percentage points from -1.3% in 2024.
- Since 2015, when it was 3.8%, the figure has changed by −2.5 percentage points.
- Among the 186 countries with data for 2025, Iceland has the 152nd highest value.
- The figure for the world in 2025 was 2.9%.
More for Iceland
All statistics for Iceland
Real GDP growth
1.1%
2025 · Eurostat
GDP in US dollars
US$38.6 billion
2025 · World Bank
GDP per capita in euro
€87,160p (Provisional) per person
2025 · Eurostat
GDP per capita in PPS
132 (EU = 100)
2024 · Eurostat
GDP in euro
34,157 million €
2025 · Eurostat
Quarterly GDP growth (seasonally adjusted)
-3.0%
Q2 2026 · Eurostat