Economy
Iceland's GDP annual growth rate is 3.07% as of 2026-03-31, according to national statistics offices and central banks. Other tracked indicators include GDP (current US$) at 38.58B, GDP growth rate (QoQ) at 3.67%, GDP per capita at 98,323.
| Indicator | Last | Change | Trend | Previous | Highest | Lowest | Unit | Date |
|---|---|---|---|---|---|---|---|---|
| GDP annual growth rate | 3.07% | +0.5748 | 2.5% | 13.22% | -10.93% | % | 2026-03-31 | |
| GDP growth rate (QoQ) | 3.67% | +4.51 | -0.8427% | 10.09% | -9.42% | % | 2026-03-31 | |
| GDP (current US$) | 38.58B | +5.40B | 33.19B | 38.58B | 260.98M | USD | 2025-12-31 | |
| GDP per capita | 98,323 | +12,460 | 85,863 | 98,323 | 1,486 | US$ | 2025-12-31 | |
| GNI per capita | 89,220 | +8,310 | 80,910 | 89,220 | 1,610 | US$ | 2025-12-31 | |
| Inflation rate | 5.1% | -0.1 | 5.2% | 23.91% | 0% | % | 2026-05-31 | |
| Core inflation rate | 4.26% | +0.948 | 3.31% | 17.39% | 0.6706% | % | 2025-12-31 | |
| Food inflation rate | 4.17% | -0.7413 | 4.91% | 6.08% | 4.17% | % | 2026-05-31 | |
| Unemployment rate | 5.8% | +0.1 | 5.7% | 8.9% | 2.58% | % | 2026-04-30 | |
| Employment rate | 82.8% | -0.9 | 83.7% | 87.1% | 77% | % | 2025-12-31 | |
| Interest rate | 7.75% | +0.25 | 7.5% | 18% | 0.75% | % | 2026-05-31 | |
| Government bond 10Y | 1% | -0.05 | 1.05% | 8.2% | -0.04% | % | 2022-08-31 | |
| Money supply M3 (YoY) | 6.31% | -0.7464 | 7.05% | 48.96% | -8.74% | % | 2025-07-31 | |
| Foreign exchange reserves | 8.19B | +557.24M | 7.63B | 9.28B | 343.77M | USD | 2026-05-31 | |
| Industrial production | 14.52% | -0.5979 | 15.12% | 58.24% | -18.27% | % | 2018-02-28 | |
| Retail sales | 10.79% | -1.07 | 11.86% | 21.39% | -33.37% | % | 2017-12-31 | |
| Current account | -3.13% | -0.5086 | -2.62% | 10.64% | -30.16% | % of GDP | 2025-12-31 | |
| Balance of trade | -0.4847 | -0.2146 | -0.27 | 0.123 | -0.4847 | USD billion | 2026-04-30 | |
| Exports | 42.45% | -1.69 | 44.15% | 54.18% | 28.84% | % of GDP | 2024-12-31 | |
| Imports | 43.52% | +0.2562 | 43.26% | 48.25% | 28.28% | % of GDP | 2024-12-31 | |
| Remittances | 0.7399% | +0.0427 | 0.6972% | 1.28% | 0.0362% | % of GDP | 2024-12-31 | |
| Government debt | 80.16% | -4.96 | 85.12% | 155.16% | 28.9% | % of GDP | 2023-12-31 | |
| Gross savings | 24.36% | -1.85 | 26.21% | 28.4% | 5.01% | % of GDP | 2024-12-31 | |
| Gross capital formation | 26.11% | +0.9604 | 25.15% | 39.09% | 13.83% | % of GDP | 2024-12-31 | |
| Population | 392,404 | +5,898 | 386,506 | 392,404 | 175,574 | people | 2025-12-31 | |
| Life expectancy | 82.81 | +0.3537 | 82.46 | 83.17 | 73.04 | years | 2024-12-31 |
Iceland's GDP growth is 3.07% as of 2026-03-31, according to national statistics offices and central banks.
Iceland's inflation rate (CPI) is 5.1% as of 2026-05-31, according to national statistics offices and central banks.
Iceland has 71 macroeconomic and markets indicators on ECONOMY, sourced from national statistics offices and central banks, last updated 2026-05-31.
Last updated 2026-05-31