Iceland 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$24.73 billion
↑ 18.93% vs 2016GDP per Capita
$72,010.15
↑ 16.17% vs 2016GDP Growth (Annual %)
4.19%
↓ 2.11pp vs 2016Inflation Rate (CPI %)
1.76%
↑ 0.06pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $20.79 billion | $24.73 billion | +18.93% |
| GDP per Capita | $61,987.93 | $72,010.15 | +16.17% |
| GDP Growth (Annual %) | 6.30% | 4.19% | -2.11pp |
| Inflation (CPI %) | 1.70% | 1.76% | +0.06pp |
| Unemployment Rate (%) | 2.98% | 2.74% | -0.24pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $24.73 billion
- GDP per Capita
- $72,010.15
- GDP Growth (Annual %)
- 4.19%
- Gross National Income
- $24.85 billion
Prices & Employment
- Inflation (CPI %)
- 1.76%
- Inflation (GDP Deflator %)
- 0.94%
- Unemployment Rate (%)
- 2.74%
- Interest Rate (Real %)
- 6.26%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 4.26%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Iceland's Gross Domestic Product (GDP) is $24.73 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iceland for 2017 is $72,010.15. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iceland for 2017 is 1.76%. This measures the annual percentage change in the cost of consumer goods and services.
Iceland's annual GDP growth rate for 2017 is 4.19%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iceland for 2017 is 2.74%. This represents the percentage of the labor force that is unemployed and actively seeking employment.