Economy & Growth in Iceland 399 indicators covering economy & growth for Iceland. IndicatorLatest Year10-yr change Rank Households and NPISHs Final consumption expenditure, PPP 12.46 billion constant 2021 international $ 2025 up 41.6% 137th Price level index 129.71 Households and NPISHs Final consumption expenditure 2025 up 10.4% 5th PPP conversion factor, households and NPISHs Final consumption expendi 166.6 LCU per international $ 2025 up 7.5% 46th Households and NPISHs Final consumption expenditure per capita, PPP 37,615 current international $ 2025 up 68.0% 10th Households and NPISHs Final consumption expenditure, PPP 14.76 billion current international $ 2025 up 99.3% 144th GDP per capita vs. Electoral Democracy Index 42,146 international-$ in 2011 prices 2022 up 14.1% 21st Total GDP vs. GDP per capita 16.02 billion international-$ in 2011 prices 2022 up 35.3% 146th GDP per capita 42,146 international-$ in 2011 prices 2022 up 14.1% 21st Gross domestic product (GDP) by world region 16.02 billion international-$ in 2011 prices 2022 up 35.3% 146th Gross domestic product (GDP) 16.02 billion international-$ in 2011 prices 2022 up 35.3% 146th Tax revenue as share of GDP vs. GDP per capita 35.6% 2023 up 3.7% 20th GNI, PPP 26.05 billion constant 2021 international $ 2024 up 37.2% 131st GNI per capita, PPP 67,400 constant 2021 international $ 2024 up 16.2% 14th Government spending as share of GDP 46.5% 2024 up 2.6% 23rd Government spending as share of GDP vs. GDP per capita 46.5% 2024 up 2.6% 23rd Personal transfers, receipts 92.69 million BoP, current US$ 2025 up 647.2% 133rd ICT service exports 10.6% 2025 up 92.8% 55th Other manufacturing 37.5% 2023 down 6.4% 87th Food, beverages and tobacco 52.4% 2023 up 11.5% 33rd Revenue, excluding grants 31.4% 2023 down 5.8% 43rd ICT service exports 866.51 million BoP, current US$ 2025 up 258.2% 68th Textiles and clothing 1.2% 2023 up 7.9% 129th Human Development Index vs. GDP per capita 0.972 2023 up 2.3% 1st Taxes on goods and services as share of GDP 11.3% 2023 down 0.6% 46th Taxes on income vs. taxes on goods and services 11.3% 2023 down 0.6% 46th Adjusted savings: gross savings 16.0% 2021 up 95.5% 130th Expense 32.0% 2023 down 6.8% 53rd Adjusted savings: net national savings -1.2% 2021 up 90.2% 155th Net capital account 1.29 billion BoP, current US$ 2025 up 10,115.9% 17th Adjusted net national income 15.57 billion constant 2015 US$ 2021 up 48.8% 97th Adjusted net national income per capita 41,809 constant 2015 US$ 2021 up 27.5% 8th Adjusted net national income 2.9% 2021 down 22.8% 94th Adjusted net national income per capita 1.2% 2021 down 62.2% 99th Annual GDP growth -1.3% 2024 down 167.0% 186th Chemicals -6.8% 2023 down 354.6% 152nd Adjusted savings: carbon dioxide damage 64.08 million current US$ 2021 up 13.7% 159th Machinery and transport equipment 15.7% 2023 up 71.2% 53rd Adjusted savings: net national savings -291.31 million current US$ 2021 up 81.3% 160th Medical doctors per 1,000 people vs. GDP per capita 4.37 per 1,000 people 2023 up 21.3% 21st Trade as a share of GDP 82.5% 2025 down 13.1% 95th Foreign direct investment, net inflows as share of GDP -0.5% 2025 down 108.1% 181st Share of food products in total merchandise exports 46.9% 2025 up 4.3% 42nd Share of manufactured products in total merchandise exports 14.0% 2025 up 19.5% 133rd Annual growth of GDP per capita -0.2% 2025 down 109.0% 181st Access to clean fuels for cooking vs. GDP per capita 100.0% 2024 unchanged 1st Lack of access to clean fuels for cooking vs. GDP per capita 0.0% 2024 — 151st Adjusted savings: particulate emission damage 0.0% 2021 down 34.7% 174th Adjusted savings: particulate emission damage 3.90 million current US$ 2021 up 23.9% 177th Adjusted savings: carbon dioxide damage 0.3% 2021 down 40.1% 198th Share of population with improved sanitation vs. GDP per capita 100.0% 2024 unchanged 1st Trade in services as share of GDP 36.6% 2025 down 9.7% 51st GNI per capita vs. GDP per capita 67,400 international-$ in 2021 prices 2024 up 16.2% 14th Share of out-of-pocket spending on healthcare vs. GDP per capita 14.9% 2024 down 16.6% 143rd Foreign direct investment, net outflows as share of GDP -2.2% 2025 down 186.7% 185th Share of imports that come from China 10.8% 2024 up 46.3% 132nd Spending by international visitors while visiting a country as a share of GDP 9.7% 2024 — 42nd Central government revenues as a share of GDP 31.4% 2023 down 5.8% 43rd Adjusted net savings, excluding particulate emission damage 5.7% 2021 up 216.0% 105th Domestic material consumption per gross domestic product 0.32 kilograms per constant usd 2022 down 8.6% 178th Share of household consumption in GDP vs. GDP per capita 49.0% 2023 down 12.3% 154th ← Previous Page 5 of 7 Next →