Economy & Growth in Iceland 1,033 indicators covering economy & growth for Iceland. IndicatorLatest Year10-yr change Rank Volume of remittances (in United States dollars) as a proportion of 0.7% 2024 down 39.0% 123rd Annual growth of the gross capital formation 3.4% 2024 down 83.5% 70th Economic Outlook No 117 — Balance of primary income in USD -25.19 million 2026 down 106.2% 12th Annual growth of households and NPISHs final consumption expenditure 0.5% 2023 down 57.4% 126th Cauliflowers and broccoli — Producer Price Index 212.29 2025 up 114.4% 18th Annual growth of the general government final consumption expenditure 2.2% 2023 up 146.8% 76th Economic Outlook No 117 — Current account balance in USD -1.07 billion 2026 down 166.0% 20th Domestic material consumption per capita 18.75 2022 up 9.0% 45th Share of global merchandise exports 0.03 2023 unchanged 105th Portfolio investment, net 893.75 million current US$ 2024 up 190.1% 44th Economic Outlook 119 — Contribution to world trade growth, goods and 0.0012 2027 down 68.0% 41st Agriculture value added share of GDP 3.6% 2024 down 31.5% 103rd Economic Outlook No 117 — Current account balance as a percentage of -2.72 2026 down 135.6% 35th Annual gdp growth 5.04 2023 up 10.8% 51st Economic Outlook No 117 — Current account balance in USD, residual 0 2026 up 100.0% 11th Medium and high-tech manufacturing value added 13.9% 2022 down 4.2% 101st Taxes as a share of cigarette price 63.59 2022 up 11.6% 78th Cucumbers and gherkins — Producer Price 421,599 SLC 2024 up 57.7% 11th Meat of chickens, fresh or chilled (biological) — Producer Price 218,443 LCU 1997 up 17.5% 32nd Economic Outlook No 118 — Government final consumption expenditure 956.79 billion 2027 up 29.5% 15th Economic Outlook No 116 — Current account balance -47.74 billion 2026 down 124.8% 25th Economic Outlook No 117 — Balance of primary income as a percent of -0.0641 2026 down 103.3% 12th Economic Outlook No 117 — Current account balance -140.04 billion 2026 down 172.8% 27th Economic Outlook No 117 — Government final consumption expenditure 727.12 billion 2026 up 33.2% 16th Economic Outlook No 117 — Government final consumption expenditure 1.76 2026 up 102.5% 10th Economic Outlook No 117 — Private final consumption expenditure 2.6 2026 down 61.4% 10th Economic Outlook No 118 — Indicator of competitiveness based on 115.24 2027 up 1.7% 9th Productivity vs annual hours worked 1,452 2023 down 4.7% 122nd Carrots and turnips — Producer Price 587,755 SLC 2024 up 48.4% 10th Merchandise exports gdp cepii 31.55 2014 up 35.4% 80th Current account balance as a proportion of gdp 1.23 2023 down 80.4% 68th Carrots and turnips — Producer Price 4,260 USD 2024 up 25.6% 2nd Economic Outlook No 116 — Indicator of competitiveness based on 112.15 2026 up 9.8% 5th Economic Outlook No 116 — Change in inventories, contributions to 0 2026 down 99.2% 4th Economic Outlook No 117 — Balance of primary income -3.30 billion 2026 down 106.7% 14th Economic Outlook No 117 — Government final consumption expenditure 1.30 trillion 2026 up 125.6% 15th Economic Outlook No 117 — Private final consumption expenditure 2.50 trillion 2026 up 101.6% 15th Economic Outlook No 117 — Indicator of competitiveness based on 112.64 2026 up 10.3% 8th Cucumbers and gherkins — Producer Price 3,056 USD 2024 up 33.5% 1st Economic Outlook No 117 — Current account balance, residual item 0 2026 up 100.0% 10th Net portfolio investment 2.14 billion 2023 up 93.9% 39th Tax revenue as a proportion of GDP 23.2% 2023 up 7.8% 27th Economic Outlook No 114 — Current account balance in USD, residual 0 2025 up 100.0% 9th Horse meat, fresh or chilled (biological) — Producer Price Index 55.48 2025 down 44.3% 68th Cash surplus/deficit as a proportion of GDP -32.1% 2023 up 6.8% 93rd Horse meat, fresh or chilled — Producer Price Index 136.24 2025 up 36.9% 23rd Annual broad money growth 11.7% 2024 up 101.9% 46th Economic Outlook No 115 — Balance of primary income as a percent of 3 2025 up 1,827.7% 5th Economic Outlook No 115 — Private final consumption expenditure 1.65 trillion 2025 up 43.5% 16th Share of global services exports 0.08 2022 unchanged 81st Barley — Producer Price 30,100 LCU 2017 down 31.6% 16th Meat of sheep, fresh or chilled (biological) — Producer Price 209,281 LCU 1997 up 5.9% 34th Economic Outlook No 115 — Private final consumption expenditure 2.43 trillion 2025 up 111.4% 15th Meat of chickens, fresh or chilled (biological) — Producer Price 218,443 SLC 1997 up 17.5% 30th Annual growth of imports of goods and services -1.09 2023 down 1,090.9% 104th Annual growth of exports of goods and services 6.32 2023 down 7.1% 53rd Economic Outlook No 114 — Balance of primary income 66.61 billion 2025 up 1,761.3% 8th Meat of pig with the bone, fresh or chilled (biological) — Producer 182,885 LCU 1997 down 27.7% 33rd Economic Outlook No 117 — Trend employment rate, as a percentage of 75.44 2026 up 1.7% 4th OECD Economic Outlook 117 long-term scenarios — General government 52.2 2100 up 0.0% 21st ← Previous Page 11 of 18 Next →