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Iceland

71 indicators · updated 2026-05-31
GDP annual growth rate 3.07%

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.

Unemployment rate
5.8%
0.1
Employment rate
82.8%
0.9
Average annual wages
89,947
225.56
Job vacancy rate
1.4%
0.7
OverviewGDPPricesLabourMoneyTradeBusinessGovernmentHealthEnvironment
IndicatorLastChangeTrendPreviousHighestLowestUnitDate
Average annual wages89,947+225.5689,72192,24050,330USD PPP2024-12-31
Employment rate82.8%-0.983.7%87.1%77%%2025-12-31
Job vacancy rate1.4%-0.72.1%5.3%1.2%%2025-12-31
Labour force participation74.93%-0.22775.15%77.86%72.68%%2025-12-31
Life expectancy82.81+0.353782.4683.1773.04years2024-12-31
Long-term unemployment0.6%+0.20.4%1.7%0.3%%2025-12-31
Population growth1.51%+1.30.2183%2.68%-0.1439%%2025-12-31
Population392,404+5,898386,506392,404175,574people2025-12-31
Productivity (GDP per worker)112,977-2,290115,267115,26775,378int$2024-12-31
Unemployment rate5.8%+0.15.7%8.9%2.58%%2026-04-30
Youth unemployment rate8.67%-0.1098.78%15.86%4.19%%2025-12-31

Frequently asked questions

What is Iceland's GDP growth rate?

Iceland's GDP growth is 3.07% as of 2026-03-31, according to national statistics offices and central banks.

What is the inflation rate in Iceland?

Iceland's inflation rate (CPI) is 5.1% as of 2026-05-31, according to national statistics offices and central banks.

How many economic indicators are available for Iceland?

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

Source: national statistics offices & central banks · last updated 2026-05-31.