The growth of the real gross domestic product (GDP) in Iceland was forecast to increase between 2024 and 2029 by in total 1.8 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the growth will have increased for the third consecutive year to 2.43 percent. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product (GDP) in countries like Finland, Norway, and Denmark.
Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029
(compared to the previous year)
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IMF. (October 22, 2024). Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/
IMF. "Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/
IMF. (2024). Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/
IMF. "Iceland: Growth Rate of The Real Gross Domestic Product (Gdp) from 2019 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/
IMF, Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/ (last visited November 10, 2024)
Iceland: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/398806/gross-domestic-product-gdp-growth-rate-in-iceland/