Economy

Iceland

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GDP per capita19602024
1.49K22.6K43.8K64.9K86K19602024
Source: World Bank WDI
Private credit (% of GDP)19602020
24.294.316423430519602020
Source: WB GFDD
IndicatorValue
GDP (nominal)33,300,000,000 US$World Bank WDI [2024]
GDP (PPP)32,600,000,000 US$World Bank WDI [2024]
GDP growth-0.971 %World Bank WDI [2024]
GDP per capita86,000 US$World Bank WDI [2024]
Inflation (CPI)5.86 %World Bank WDI [2024]
Unemployment3.62 %World Bank WDI [2025]
Exports of goods & services14,100,000,000 US$World Bank WDI [2024]
Imports of goods & services14,500,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)3.98 %World Bank WDI [2024]
Industry (% GDP)20.1 %World Bank WDI [2024]
Services (% GDP)64.9 %World Bank WDI [2024]
Industriestourism, fish processing; aluminum smelting; geothermal power, hydropower; medical/pharmaceutical productsCIA World Factbook [2025] · 2026 archive
Agricultural productsmilk, chicken, lamb/mutton, barley, potatoes, pork, beef, eggs, other meats, cucumbers/gherkins (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiesaluminum, fish, orthopedic appliances, animal meal, iron alloys (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersNetherlands 27%, Germany 11%, USA 10%, UK 8%, Norway 6% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersNorway 11%, China 9%, Germany 9%, Netherlands 8%, USA 7% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index26.8 indexWorld Bank WDI [2019]
GDP per capita (1913)3,212 int$ (2011)Maddison Project [1913]
Leading mineral commodityaluminium, primary (768,389 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.569 %World Inequality Database [2024]
Wealth share of top 1%0.192 %World Inequality Database [2024]
Gini (WID)1–26.8 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2019] 26.8 index
Top export partnersNetherlands (28.9%) / USA (11.7%) / United Kingdom (9.2%) / France (7.0%) / Germany (6.2%)CEPII BACI [2024]
Top import partnersNorway (10.6%) / China (10.3%) / Germany (8.4%) / USA (8.2%) / Denmark (7.2%)CEPII BACI [2024]
Top agricultural productsRaw milk of cattle / Milk, Total / Hen eggs in shell, fresh / Meat, Total / Meat, PoultryFAOSTAT [2024]
Bank assets (% of GDP)111 %WB GFDD [2021]
Private credit (% of GDP)99.8 %WB GFDD [2020]
Stock market capitalization (% of GDP)No authoritative open source found
Financial account ownership99.9 %WB Findex [2024]
Mobile-money accountNot applicable to this country
Borrowed from a bank73.4 %WB Findex [2021]
Poverty headcount ($2.15/day)Not applicable to this country
Poverty headcount ($6.85/day)Not applicable to this country

Section metadata

Data year2025
EditionDatabook 2026
Coverage29/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • Maddison Project
    maddison_historical_gdp
    Edition: 2023
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Iceland's economy on Databook compiles 29 indicators from 9 open datasets including World Bank WDI, CIA World Factbook, Maddison Project. Key figures include gdp (nominal) (33,300,000,000 US$), gdp (ppp) (32,600,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.