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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.

Current account
-3.13%
0.5086
Balance of trade
-0.4847
0.2146
Foreign exchange reserves
8.19B
557.24M
Remittances
0.7399%
0.0427
OverviewGDPPricesLabourMoneyTradeBusinessGovernmentHealthEnvironment
IndicatorLastChangeTrendPreviousHighestLowestUnitDate
Balance of trade-0.4847-0.2146-0.270.123-0.4847USD billion2026-04-30
Current account (value)-927.32M-551.41M-375.91M1.92B-4.19BUSD2024-12-31
Current account-3.13%-0.5086-2.62%10.64%-30.16%% of GDP2025-12-31
Exports (value)14.12B+133.00M13.98B14.12B233.40MUSD2024-12-31
Exports42.45%-1.6944.15%54.18%28.84%% of GDP2024-12-31
Foreign direct investment2.83B+942.79M1.89B6.87B-7.00BUSD2024-12-31
Foreign exchange reserves8.19B+557.24M7.63B9.28B343.77MUSD2026-05-31
Imports (value)14.47B+767.51M13.70B14.47B225.19MUSD2024-12-31
Imports43.52%+0.256243.26%48.25%28.28%% of GDP2024-12-31
Remittances0.7399%+0.04270.6972%1.28%0.0362%% of GDP2024-12-31
Terms of trade92.4-7.6100117.586.6index2023-12-31

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.