Gross Domestic Product in Iceland

Estadistica Islandia · Trimestral · Importance 88

3.7% (Q1-26) QOQ · % · Trimestral · CSV

Period	%
Jan 2026	3.7%
Oct 2025	-0.8%
Jul 2025	1.2%
Apr 2025	-0.9%
Jan 2025	3.1%
Oct 2024	-2.2%
Jul 2024	-0.7%
Apr 2024	2.0%
Jan 2024	-1.3%
Oct 2023	0.6%
Jul 2023	-3.4%
Apr 2023	2.5%
Jan 2023	-0.2%
Oct 2022	4.4%
Jul 2022	1.7%
Apr 2022	3.2%
Jan 2022	-0.3%
Oct 2021	2.7%
Jul 2021	3.2%
Apr 2021	3.6%
Jan 2021	-3.5%
Oct 2020	4.6%
Jul 2020	4.4%
Apr 2020	-7.1%
Jan 2020	-6.4%
Oct 2019	4.2%
Jul 2019	-1.7%
Apr 2019	-1.2%
Jan 2019	0.6%
Oct 2018	1.4%
Jul 2018	0.5%
Apr 2018	0.0%
Jan 2018	0.7%
Oct 2017	3.1%
Jul 2017	0.7%
Apr 2017	2.4%
Jan 2017	-4.0%
Oct 2016	2.8%
Jul 2016	2.6%
Apr 2016	5.8%
Jan 2016	-1.6%
Oct 2015	-0.1%
Jul 2015	0.4%
Apr 2015	5.4%
Jan 2015	-1.2%
Oct 2014	-1.6%
Jul 2014	4.1%
Apr 2014	0.0%
Jan 2014	-2.0%
Oct 2013	1.9%
Jul 2013	1.5%
Apr 2013	0.8%
Jan 2013	0.1%
Oct 2012	0.3%
Jul 2012	1.7%
Apr 2012	2.1%
Jan 2012	-2.9%
Oct 2011	-0.1%
Jul 2011	1.7%
Apr 2011	3.3%

Period	%
Jan 2026	2.7%
Oct 2025	-0.6%
Jul 2025	3.2%
Apr 2025	-0.4%
Jan 2025	3.1%
Oct 2024	-0.5%
Jul 2024	-1.5%
Apr 2024	-0.2%
Jan 2024	-3.0%
Oct 2023	-0.8%
Jul 2023	3.6%
Apr 2023	7.8%
Jan 2023	10.4%
Oct 2022	9.2%
Jul 2022	8.8%
Apr 2022	8.6%
Jan 2022	8.8%
Oct 2021	6.4%
Jul 2021	8.1%
Apr 2021	6.7%
Jan 2021	-0.6%
Oct 2020	-5.4%
Jul 2020	-8.8%
Apr 2020	-11.1%
Jan 2020	-0.9%
Oct 2019	3.7%
Jul 2019	-0.2%
Apr 2019	1.5%
Jan 2019	-0.5%
Oct 2018	3.6%
Jul 2018	2.6%
Apr 2018	6.6%
Jan 2018	6.2%
Oct 2017	1.9%
Jul 2017	3.8%
Apr 2017	3.8%
Jan 2017	4.5%
Oct 2016	9.2%
Jul 2016	8.6%
Apr 2016	3.5%
Jan 2016	3.2%
Oct 2015	2.7%
Jul 2015	3.0%
Apr 2015	5.7%
Jan 2015	3.8%
Oct 2014	2.9%
Jul 2014	3.8%
Apr 2014	1.0%
Jan 2014	-0.2%
Oct 2013	2.8%
Jul 2013	3.7%
Apr 2013	6.0%
Jan 2013	1.9%
Oct 2012	0.2%
Jul 2012	1.8%
Apr 2012	0.6%
Jan 2012	2.1%
Oct 2011	0.8%
Jul 2011	1.4%
Apr 2011	0.3%

Period	%
Mar 2026	3.7%
Dec 2025	-0.8%
Sep 2025	1.2%
Jun 2025	-0.9%
Mar 2025	3.1%
Dec 2024	-2.2%
Sep 2024	-0.7%
Jun 2024	2.0%
Mar 2024	-1.3%
Dec 2023	0.6%
Sep 2023	-3.4%
Jun 2023	2.5%
Mar 2023	-0.2%
Dec 2022	4.4%
Sep 2022	1.7%
Jun 2022	3.2%
Mar 2022	-0.3%
Dec 2021	2.7%
Sep 2021	3.2%
Jun 2021	3.6%
Mar 2021	-3.5%
Dec 2020	4.6%
Sep 2020	4.4%
Jun 2020	-7.1%
Mar 2020	-6.4%
Dec 2019	4.2%
Sep 2019	-1.7%
Jun 2019	-1.2%
Mar 2019	0.6%
Dec 2018	1.4%
Sep 2018	0.5%
Jun 2018	0.0%
Mar 2018	0.7%
Dec 2017	3.1%
Sep 2017	0.7%
Jun 2017	2.4%
Mar 2017	-4.0%
Dec 2016	2.8%
Sep 2016	2.6%
Jun 2016	5.8%
Mar 2016	-1.6%
Dec 2015	-0.1%
Sep 2015	0.4%
Jun 2015	5.4%
Mar 2015	-1.2%
Dec 2014	-1.6%
Sep 2014	4.1%
Jun 2014	0.0%
Mar 2014	-2.0%
Dec 2013	1.9%
Sep 2013	1.5%
Jun 2013	0.8%
Mar 2013	0.1%
Dec 2012	0.3%
Sep 2012	1.7%
Jun 2012	2.1%
Mar 2012	-2.9%
Dec 2011	-0.1%
Sep 2011	1.7%
Jun 2011	3.3%

Period	%
Mar 2026	3.1%
Dec 2025	2.5%
Sep 2025	1.1%
Jun 2025	-0.7%
Mar 2025	2.2%
Dec 2024	-2.1%
Sep 2024	0.7%
Jun 2024	-2.1%
Mar 2024	-1.6%
Dec 2023	-0.5%
Sep 2023	3.2%
Jun 2023	8.7%
Mar 2023	9.3%
Dec 2022	9.2%
Sep 2022	7.5%
Jun 2022	9.1%
Mar 2022	9.6%
Dec 2021	6.1%
Sep 2021	8.0%
Jun 2021	9.2%
Mar 2021	-2.2%
Dec 2020	-5.1%
Sep 2020	-5.4%
Jun 2020	-10.9%
Mar 2020	-5.2%
Dec 2019	1.8%
Sep 2019	-1.0%
Jun 2019	1.3%
Mar 2019	2.5%
Dec 2018	2.6%
Sep 2018	4.4%
Jun 2018	4.6%
Mar 2018	7.1%
Dec 2017	2.1%
Sep 2017	1.7%
Jun 2017	3.6%
Mar 2017	6.9%
Dec 2016	9.7%
Sep 2016	6.7%
Jun 2016	4.4%
Mar 2016	4.0%
Dec 2015	4.4%
Sep 2015	2.9%
Jun 2015	6.7%
Mar 2015	1.1%
Dec 2014	0.3%
Sep 2014	3.9%
Jun 2014	1.3%
Mar 2014	2.2%
Dec 2013	4.4%
Sep 2013	2.7%
Jun 2013	3.0%
Mar 2013	4.3%
Dec 2012	1.1%
Sep 2012	0.8%
Jun 2012	0.8%
Mar 2012	2.0%
Dec 2011	1.1%
Sep 2011	3.7%
Jun 2011	-0.2%

Period	M ISK
Mar 2026	927,261.2
Dec 2025	894,424.4
Sep 2025	902,025.5
Jun 2025	891,691.1
Mar 2025	899,627.6
Dec 2024	872,636.0
Sep 2024	891,959.0
Jun 2024	897,877.0
Mar 2024	879,972.0
Dec 2023	891,284.0
Sep 2023	885,612.0
Jun 2023	917,086.0
Mar 2023	894,498.0
Dec 2022	896,055.0
Sep 2022	858,374.0
Jun 2022	844,024.0
Mar 2022	818,098.0
Dec 2021	820,353.0
Sep 2021	798,471.0
Jun 2021	773,373.0
Mar 2021	746,361.0
Dec 2020	773,393.0
Sep 2020	739,450.0
Jun 2020	708,361.0
Mar 2020	762,768.0
Dec 2019	814,552.0
Sep 2019	781,668.0
Jun 2019	795,269.0
Mar 2019	804,911.0
Dec 2018	800,255.0
Sep 2018	789,222.0
Jun 2018	785,438.0
Mar 2018	785,514.0
Dec 2017	779,736.0
Sep 2017	755,945.0
Jun 2017	750,868.0
Mar 2017	733,139.0
Dec 2016	764,023.0
Sep 2016	743,546.0
Jun 2016	724,925.0
Mar 2016	685,499.0
Dec 2015	696,529.0
Sep 2015	697,080.0
Jun 2015	694,631.0
Mar 2015	658,932.0
Dec 2014	666,939.0
Sep 2014	677,706.0
Jun 2014	651,295.0
Mar 2014	651,463.0
Dec 2013	664,809.0
Sep 2013	652,282.0
Jun 2013	642,892.0
Mar 2013	637,704.0
Dec 2012	636,834.0
Sep 2012	634,858.0
Jun 2012	624,236.0
Mar 2012	611,566.0
Dec 2011	629,688.0
Sep 2011	630,043.0
Jun 2011	619,375.0

About this indicator

Source	Estadistica Islandia
Frequency	Trimestral
Release	Aproximadamente entre uno y dos meses después del cierre del trimestre de referencia (avance y dato definitivo).
What it is	Gross Domestic Product measures the value of all goods and services produced in Iceland over a given period. Compiled by Statistics Iceland (Hagstofa Íslands), it is the broadest gauge of the size and pace of growth of the Icelandic economy.
How it's calculated	Statistics Iceland estimates GDP in volume terms (constant prices), aggregating the value added of all sectors from the expenditure and output sides. It is published as a quarter-on-quarter and year-on-year change.
Market implications	It is the main benchmark for the Icelandic cycle and a key input for the Central Bank of Iceland in setting rates. In an economy heavily exposed to tourism, fishing and aluminium, upside or downside surprises shift rate expectations and the króna.
Limitations	It is released with a lag and the first estimates are later revised, so they are not final. As a very small economy, the figures are volatile and highly sensitive to one-off factors such as the tourist season or large investment projects.