Iceland Economic Indicators
Latest economic indicators and statistics for Iceland.
| Indicator | Current Value | Previous Value | Frequency | Period |
|---|---|---|---|---|
| GDP | $33.46B | $31.45B | Yearly | 2024 |
| GDP Annual Growth Rate | 0.52% | 5.65% | Yearly | 2024 |
| GDP per Capita | $57,954.57 | $59,307.18 | Yearly | 2024 |
| GDP per Capita PPP | $65,645.09 | $67,177.2 | Yearly | 2024 |
| R&D Expenditure (% GDP) | 2.6% | 2.78% | Yearly | 2022 |
| Real GDP | $23.45B | $23.33B | Yearly | 2024 |
| Annual Inflation Rate | 5.86% | 8.74% | Yearly | 2024 |
| Annual Unemployment Rate | 3.11% | 3.52% | Yearly | 2024 |
| Female Labor Force Rate | 70.29% | 70.37% | Yearly | 2024 |
| Unemployment Rate | 3.7% | 5.7% | Monthly | Sep'25 |
| Annual Exports | $6.95B | $6.81B | Yearly | 2024 |
| Annual Imports | $9.84B | $9.47B | Yearly | 2024 |
| Exports (% GDP) | 41.59% | 43.44% | Yearly | 2024 |
| FDI Inflows (% GDP) | 1.56% | 5.19% | Yearly | 2024 |
| Imports (% GDP) | 42.73% | 43.29% | Yearly | 2024 |
| Net Trade (Goods & Services, BoP) | -$382.28M | $71.7M | Yearly | 2024 |
| Tariff Rate | 1.32% | 1.53% | Yearly | 2022 |
| Trade (% GDP) | 84.32% | 86.73% | Yearly | 2024 |
| Interest Rate | 7.5% | 7.5% | Daily | Oct 08, 2025 |
| Private Credit (% GDP) | 90.34% | 88.99% | Yearly | 2024 |
| House Price Index | 803 points | 806 points | Monthly | Sep'25 |
| Housing Starts | 4,338 units | 2,406 units | Yearly | Dec'21 |
| Consumer Confidence | 84.1 points | 93.9 points | Monthly | Sep'25 |
| Gini Index | 26.6 points | 26.1 points | Yearly | 2018 |
| Happiness Index | 7.52 points | 7.53 points | Yearly | 2024 |
| Homicide Rate | 0.54 | 1.36 | Yearly | 2021 |
| Population | 404,610 | 393,349 | Yearly | 2024 |
| Poverty Rate | 0.3% | 0% | Yearly | 2018 |
| Primary Enrollment Rate | 98.51% | 98.57% | Yearly | 2022 |
| Agricultural Land (%) | 18.57% | 18.57% | Yearly | 2022 |
| Annual CO2 Emissions | 3.76M tonnes | 3.61M tonnes | Yearly | 2023 |
| Forest Area (%) | 0.52% | 0.52% | Yearly | 2022 |
| Corruption Control | 1.55 points | 1.57 points | Yearly | 2023 |
| Political stability index | 1.21 points | 1.25 points | Yearly | 2023 |
| Infant Mortality Rate | 1.9 | 2 | Yearly | 2023 |
| Life Expectancy | 82.61 | 82.12 | Yearly | 2023 |
| Physicians per 1,000 people | 4.52 | 4.4 | Yearly | 2022 |
| Electricity Access | 100% | 100% | Yearly | 2023 |
| Internet Users | 99.8% | 99.8% | Yearly | 2023 |
| Visitor Arrivals | 488,000 | 2.2M | Yearly | 2020 |