In 2022, Iceland witnessed an increase in its Nominal GDP, rising to 27.84 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 26.38 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, Iceland has Nominal GDP stood at 25.55 billion dollars, while the GDP based on PPP was 21.68 international billion dollars.
The net change in Iceland's GDP (Nominal) in 2022 increased by 2.29 billion dollars(8.23%), and GDP (PPP) increased by 4.7 international billion dollars(17.82%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.25 | - | - | - | - | - |
| 1961 | 0.25 | 0.00 | 0.00 % | - | - | - |
| 1962 | 0.28 | 0.03 | 10.71 % | - | - | - |
| 1963 | 0.34 | 0.06 | 17.65 % | - | - | - |
| 1964 | 0.43 | 0.09 | 20.93 % | - | - | - |
| 1965 | 0.52 | 0.09 | 17.31 % | - | - | - |
| 1966 | 0.63 | 0.11 | 17.46 % | - | - | - |
| 1967 | 0.62 | -0.01 | -1.61 % | - | - | - |
| 1968 | 0.47 | -0.15 | -31.91 % | - | - | - |
| 1969 | 0.41 | -0.06 | -14.63 % | - | - | - |
| 1970 | 0.53 | 0.12 | 22.64 % | - | - | - |
| 1971 | 0.67 | 0.14 | 20.90 % | - | - | - |
| 1972 | 0.84 | 0.17 | 20.24 % | - | - | - |
| 1973 | 1.15 | 0.31 | 26.96 % | - | - | - |
| 1974 | 1.52 | 0.37 | 24.34 % | - | - | - |
| 1975 | 1.41 | -0.11 | -7.80 % | - | - | - |
| 1976 | 1.67 | 0.26 | 15.57 % | - | - | - |
| 1977 | 2.21 | 0.54 | 24.43 % | - | - | - |
| 1978 | 2.51 | 0.30 | 11.95 % | - | - | - |
| 1979 | 2.85 | 0.34 | 11.93 % | - | - | - |
| 1980 | 3.38 | 0.53 | 15.68 % | - | - | - |
| 1981 | 3.49 | 0.11 | 3.15 % | - | - | - |
| 1982 | 3.21 | -0.28 | -8.72 % | - | - | - |
| 1983 | 2.77 | -0.44 | -15.88 % | - | - | - |
| 1984 | 2.86 | 0.09 | 3.15 % | - | - | - |
| 1985 | 2.98 | 0.12 | 4.03 % | - | - | - |
| 1986 | 3.99 | 1.01 | 25.31 % | - | - | - |
| 1987 | 5.52 | 1.53 | 27.72 % | - | - | - |
| 1988 | 6.11 | 0.59 | 9.66 % | - | - | - |
| 1989 | 5.67 | -0.44 | -7.76 % | - | - | - |
| 1990 | 6.47 | 0.80 | 12.36 % | - | - | - |
| 1991 | 6.91 | 0.44 | 6.37 % | - | - | - |
| 1992 | 7.08 | 0.17 | 2.40 % | - | - | - |
| 1993 | 6.22 | -0.86 | -13.83 % | - | - | - |
| 1994 | 6.39 | 0.17 | 2.66 % | - | - | - |
| 1995 | 7.12 | 0.73 | 10.25 % | 6.41 | - | - |
| 1996 | 7.43 | 0.31 | 4.17 % | 6.66 | 0.25 | 3.75 % |
| 1997 | 7.57 | 0.14 | 1.85 % | 7.29 | 0.63 | 8.64 % |
| 1998 | 8.50 | 0.93 | 10.94 % | 7.87 | 0.58 | 7.37 % |
| 1999 | 8.98 | 0.48 | 5.35 % | 8.20 | 0.33 | 4.02 % |
| 2000 | 9.03 | 0.05 | 0.55 % | 8.38 | 0.18 | 2.15 % |
| 2001 | 8.23 | -0.80 | -9.72 % | 9.09 | 0.71 | 7.81 % |
| 2002 | 9.32 | 1.09 | 11.70 % | 9.38 | 0.29 | 3.09 % |
| 2003 | 11.43 | 2.11 | 18.46 % | 9.47 | 0.09 | 0.95 % |
| 2004 | 13.83 | 2.40 | 17.35 % | 10.40 | 0.93 | 8.94 % |
| 2005 | 16.85 | 3.02 | 17.92 % | 11.07 | 0.67 | 6.05 % |
| 2006 | 17.47 | 0.62 | 3.55 % | 12.06 | 0.99 | 8.21 % |
| 2007 | 21.65 | 4.18 | 19.31 % | 12.92 | 0.86 | 6.66 % |
| 2008 | 18.07 | -3.58 | -19.81 % | 13.88 | 0.96 | 6.92 % |
| 2009 | 13.15 | -4.92 | -37.41 % | 13.33 | -0.55 | -4.13 % |
| 2010 | 13.75 | 0.60 | 4.36 % | 12.65 | -0.68 | -5.38 % |
| 2011 | 15.22 | 1.47 | 9.66 % | 13.06 | 0.41 | 3.14 % |
| 2012 | 14.75 | -0.47 | -3.19 % | 13.47 | 0.41 | 3.04 % |
| 2013 | 16.13 | 1.38 | 8.56 % | 14.38 | 0.91 | 6.33 % |
| 2014 | 17.87 | 1.74 | 9.74 % | 15.06 | 0.68 | 4.52 % |
| 2015 | 17.52 | -0.35 | -2.00 % | 16.28 | 1.22 | 7.49 % |
| 2016 | 20.79 | 3.27 | 15.73 % | 17.94 | 1.66 | 9.25 % |
| 2017 | 24.73 | 3.94 | 15.93 % | 19.11 | 1.17 | 6.12 % |
| 2018 | 26.26 | 1.53 | 5.83 % | 20.17 | 1.06 | 5.26 % |
| 2019 | 24.66 | -1.60 | -6.49 % | 21.49 | 1.32 | 6.14 % |
| 2020 | 21.55 | -3.11 | -14.43 % | 19.90 | -1.59 | -7.99 % |
| 2021 | 25.55 | 4.00 | 15.66 % | 21.68 | 1.78 | 8.21 % |
| 2022 | 27.84 | 2.29 | 8.23 % | 26.38 | 4.70 | 17.82 % |