Iceland - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Iceland was 18,421,560,000 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 18,421,560,000 in 2019 and 8,046,223,000 in 1995.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 8,046,223,000
1996 8,534,039,000
1997 8,936,462,000
1998 9,641,686,000
1999 10,127,940,000
2000 10,664,470,000
2001 11,054,750,000
2002 11,029,810,000
2003 11,372,860,000
2004 12,118,420,000
2005 12,700,450,000
2006 13,202,600,000
2007 14,117,650,000
2008 14,523,380,000
2009 13,708,820,000
2010 13,314,420,000
2011 13,522,290,000
2012 13,868,290,000
2013 14,425,720,000
2014 14,888,130,000
2015 15,589,410,000
2016 16,642,670,000
2017 17,418,180,000
2018 18,091,790,000
2019 18,421,560,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts