GNI in Iceland

Iceland: GNI was 22.56 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
22.56 billion constant 2015 US$
Change on year
down 0.5%
World rank
102nd
of 160 countries
All-time high
22.68 billion constant 2015 US$
in 2023
All-time low
12.21 billion constant 2015 US$
in 2000
Years of data
25
2000–2024

GNI in Iceland, 2000–2024

05.0B10.0B15.0B20.0B25.0B2000201220242000: 12.2B constant 2015 US$2001: 12.7B constant 2015 US$2002: 13.1B constant 2015 US$2003: 13.1B constant 2015 US$2004: 13.6B constant 2015 US$2005: 14.8B constant 2015 US$2006: 15.2B constant 2015 US$2007: 16.6B constant 2015 US$2008: 14.0B constant 2015 US$2009: 13.2B constant 2015 US$2010: 13.4B constant 2015 US$2011: 13.9B constant 2015 US$2012: 14.4B constant 2015 US$2013: 16.1B constant 2015 US$2014: 16.4B constant 2015 US$2015: 17.7B constant 2015 US$2016: 19.2B constant 2015 US$2017: 19.7B constant 2015 US$2018: 20.4B constant 2015 US$2019: 20.9B constant 2015 US$2020: 19.5B constant 2015 US$2021: 20.2B constant 2015 US$2022: 22.0B constant 2015 US$2023: 22.7B constant 2015 US$2024: 22.6B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Iceland recorded 22.56 billion constant 2015 US$ for gni in 2024.

That represents a change of down 0.5% on the previous year and up 37.2% over ten years.

Over the whole period, gni in Iceland peaked at 22.68 billion constant 2015 US$ in 2023 and was at its lowest, 12.21 billion constant 2015 US$, in 2000.

Iceland ranks 102nd of 160 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.85 billion constant 2015 US$ 12.21 billion constant 2015 US$ 16.58 billion constant 2015 US$ 10
2010s 17.21 billion constant 2015 US$ 13.35 billion constant 2015 US$ 20.88 billion constant 2015 US$ 10
2020s 21.41 billion constant 2015 US$ 19.54 billion constant 2015 US$ 22.68 billion constant 2015 US$ 5

Countries ranked near Iceland

  1. 99 Mali 24.68 billion constant 2015 US$ compare
  2. 100 Gabon 23.05 billion constant 2015 US$ compare
  3. 101 Zimbabwe 22.82 billion constant 2015 US$ compare
  4. 103 Bosnia and Herzegovina 22.35 billion constant 2015 US$ compare
  5. 104 Mongolia 22.00 billion constant 2015 US$ compare
  6. 105 Burkina Faso 21.32 billion constant 2015 US$ compare

See the full ranking of 186 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gni in Iceland?
Gni in Iceland was 22.56 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gni recorded in Iceland?
The highest recorded value was 22.68 billion constant 2015 US$ in 2023.
What is the lowest gni recorded in Iceland?
The lowest recorded value was 12.21 billion constant 2015 US$ in 2000.
How does Iceland rank for gni?
Iceland ranks 102nd out of 160 countries with data for 2024.
Is gni rising or falling in Iceland?
Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GNI (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 6,840 data points, 1960–2025
Last refreshed

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.