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GDP Composition by Industry

14.4% 8.3% 12.5% 10.8% 50.0%
  • Agriculture, forestry & fishing: 4.0%
  • Mining, manufacturing & utilities: 14.4%
  • Construction: 8.3%
  • Trade, restaurants & hotels: 12.5%
  • Transport & communication: 10.8%
  • Finance, real estate & other services: 50.0%
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Agriculture, forestry & fishing
4.0%
Mining, manufacturing & utilities
14.4%
Construction
8.3%
Trade, restaurants & hotels
12.5%
Transport & communication
10.8%
Finance, real estate & other services
50.0%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 43.8B #104 / 190 2026
GDP (Local currency - ISK) 5.37T - 2026
Real GDP (Local currency - ISK) 3.66T - 2026
PPP GDP (Int$) 32.9B #147 / 191 2026
GNI (USD) 33.1B #109 / 210 2024

GDP per Capita

GDP per Capita (USD) 110,048 #5 / 190 2026
GDP per Capita (Local currency - ISK) 13.5M - 2026
Real GDP per Capita (Local currency - ISK) 9.19M - 2026
PPP GDP per Capita (Int$) 82,730 #18 / 191 2026
GNI per Capita (USD) 84,058 #7 / 210 2024

Economic Growth

GDP Growth 1.9% #146 / 191 2026

Prices and Inflation

Inflation Rate 4.8% #55 / 191 2026

Labor Market

Unemployment Rate 4.2% #72 / 103 2026

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