Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Iceland's gdp annual growth rate stands at 1.51% as of 2025-12-31, up from 0.2183% in 2024. Historical data runs from 1961 to 2025 (65 observations).
In 2025, Iceland's gdp annual growth rate was 1.51%, up from 0.2183% in 2024.
In 2024, Iceland's gdp annual growth rate was 0.2183%, down from 0.9535% in 2023.
In 2023, Iceland's gdp annual growth rate was 0.9535%, down from 2.51% in 2022.
In 2022, Iceland's gdp annual growth rate was 2.51%, up from 1.64% in 2021.
In 2021, Iceland's gdp annual growth rate was 1.64%, up from 1.62% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 1.51% | +1.3% |
| 2024 | 0.2183% | -0.7352% |
| 2023 | 0.9535% | -1.56% |
| 2022 | 2.51% | +0.8745% |
| 2021 | 1.64% | +0.0162% |
| 2020 | 1.62% | -0.5758% |
| 2019 | 2.2% | -0.4792% |
| 2018 | 2.68% | +0.3326% |
| 2017 | 2.35% | +0.9575% |
| 2016 | 1.39% | +0.3461% |
| 2015 | 1.04% | -0.0706% |
| 2014 | 1.11% | +0.1666% |
| 2013 | 0.9459% | +0.4138% |
| 2012 | 0.5321% | +0.2266% |
| 2011 | 0.3055% | +0.4494% |
| 2010 | -0.1439% | -0.4851% |
| 2009 | 0.3412% | -1.52% |
| 2008 | 1.86% | -0.6705% |
| 2007 | 2.53% | +0.1827% |
| 2006 | 2.35% | +0.7645% |
| 2005 | 1.58% | +0.705% |
| 2004 | 0.8779% | +0.1854% |
| 2003 | 0.6925% | -0.2001% |
| 2002 | 0.8926% | -0.4367% |
| 2001 | 1.33% | -0.0399% |
| 2000 | 1.37% | +0.16% |
| 1999 | 1.21% | +0.1384% |
| 1998 | 1.07% | +0.2517% |
| 1997 | 0.8192% | +0.2793% |
| 1996 | 0.5399% | -0.0026% |
| 1995 | 0.5425% | -0.3244% |
| 1994 | 0.8668% | -0.15% |
| 1993 | 1.02% | -0.2398% |
| 1992 | 1.26% | +0.0975% |
| 1991 | 1.16% | +0.3815% |
| 1990 | 0.7777% | -0.4607% |
| 1989 | 1.24% | -0.3278% |
| 1988 | 1.57% | +0.4706% |
| 1987 | 1.1% | +0.363% |
| 1986 | 0.7326% | -0.0551% |
| 1985 | 0.7877% | -0.276% |
| 1984 | 1.06% | -0.2604% |
| 1983 | 1.32% | -0.0126% |
| 1982 | 1.34% | +0.196% |
| 1981 | 1.14% | +0.0817% |
| 1980 | 1.06% | +0.0804% |
| 1979 | 0.9785% | +0.1979% |
| 1978 | 0.7805% | +0.0361% |
| 1977 | 0.7444% | -0.2484% |
| 1976 | 0.9929% | -0.2861% |
| 1975 | 1.28% | -0.074% |
| 1974 | 1.35% | -0.1562% |
| 1973 | 1.51% | +0.0453% |
| 1972 | 1.46% | +0.6551% |
| 1971 | 0.8087% | +0.2844% |
| 1970 | 0.5243% | -0.405% |
| 1969 | 0.9292% | -0.4385% |
| 1968 | 1.37% | -0.2457% |
| 1967 | 1.61% | -0.08% |
| 1966 | 1.69% | -0.0392% |
| 1965 | 1.73% | -0.0451% |
| 1964 | 1.78% | -0.002% |
| 1963 | 1.78% | -0.0736% |
| 1962 | 1.85% | -0.0954% |
| 1961 | 1.95% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's gdp annual growth rate is 1.51% as of 2025-12-31, compared with 0.2183% in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 2.68% (2018); the lowest is -0.1439% (2010), across data from 1961 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.