GNI in Iceland
Iceland: GNI was 3.55 trillion constant LCU in 2024. ▲ Rising
GNI in Iceland, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Iceland recorded 3.55 trillion constant LCU for gni in 2024.
The figure is down 0.5% on the previous year and up 37.2% over ten years.
Over the whole period, gni in Iceland peaked at 3.57 trillion constant LCU in 2023 and was at its lowest, 1.92 trillion constant LCU, in 2000.
That places Iceland 58th out of 169 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.18 trillion constant LCU | 1.92 trillion constant LCU | 2.61 trillion constant LCU | 10 |
| 2010s | 2.71 trillion constant LCU | 2.10 trillion constant LCU | 3.29 trillion constant LCU | 10 |
| 2020s | 3.37 trillion constant LCU | 3.07 trillion constant LCU | 3.57 trillion constant LCU | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
Frequently asked questions
- What is gni in Iceland?
- Gni in Iceland was 3.55 trillion constant LCU 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 3.57 trillion constant LCU in 2023.
- What is the lowest gni recorded in Iceland?
- The lowest recorded value was 1.92 trillion constant LCU in 2000.
- How does Iceland rank for gni?
- Iceland ranks 58th out of 169 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 LCU). 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
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 varies by country. This series is expressed in local currency units.