Iceland - GDP (current LCU)
The value for GDP (current LCU) in Iceland was 2,941,100,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,047,730,000,000 in 2019 and a minimum value of 89,909,540 in 1960.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 89,909,540 |
| 1961 | 101,765,800 |
| 1962 | 122,514,100 |
| 1963 | 146,226,500 |
| 1964 | 186,735,200 |
| 1965 | 225,188,800 |
| 1966 | 270,424,100 |
| 1967 | 274,374,800 |
| 1968 | 294,918,400 |
| 1969 | 364,944,200 |
| 1970 | 463,500,000 |
| 1971 | 589,821,000 |
| 1972 | 741,077,000 |
| 1973 | 1,040,497,000 |
| 1974 | 1,514,433,000 |
| 1975 | 2,162,367,000 |
| 1976 | 3,041,307,000 |
| 1977 | 4,392,062,000 |
| 1978 | 6,809,812,000 |
| 1979 | 10,061,210,000 |
| 1980 | 16,222,700,000 |
| 1981 | 25,234,110,000 |
| 1982 | 39,606,650,000 |
| 1983 | 68,713,950,000 |
| 1984 | 90,784,740,000 |
| 1985 | 123,861,000,000 |
| 1986 | 163,990,000,000 |
| 1987 | 213,510,000,000 |
| 1988 | 262,671,000,000 |
| 1989 | 323,574,000,000 |
| 1990 | 377,023,000,000 |
| 1991 | 407,649,000,000 |
| 1992 | 407,481,000,000 |
| 1993 | 420,396,000,000 |
| 1994 | 446,907,000,000 |
| 1995 | 460,840,000,000 |
| 1996 | 493,834,000,000 |
| 1997 | 536,722,000,000 |
| 1998 | 603,408,000,000 |
| 1999 | 649,719,000,000 |
| 2000 | 709,561,000,000 |
| 2001 | 802,277,000,000 |
| 2002 | 854,140,000,000 |
| 2003 | 876,733,000,000 |
| 2004 | 970,421,000,000 |
| 2005 | 1,061,430,000,000 |
| 2006 | 1,225,720,000,000 |
| 2007 | 1,386,950,000,000 |
| 2008 | 1,589,630,000,000 |
| 2009 | 1,626,390,000,000 |
| 2010 | 1,680,970,000,000 |
| 2011 | 1,765,010,000,000 |
| 2012 | 1,845,160,000,000 |
| 2013 | 1,970,150,000,000 |
| 2014 | 2,086,360,000,000 |
| 2015 | 2,310,850,000,000 |
| 2016 | 2,512,050,000,000 |
| 2017 | 2,641,960,000,000 |
| 2018 | 2,844,730,000,000 |
| 2019 | 3,047,730,000,000 |
| 2020 | 2,941,100,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
