GDP Constant Prices in Iceland decreased to 378987 ISK Million in the third quarter of 2019 from 381745 ISK Million in the second quarter of 2019. GDP Constant Prices in Iceland averaged 277830.08 ISK Million from 1997 until 2019, reaching an all time high of 381745 ISK Million in the second quarter of 2019 and a record low of 181908 ISK Million in the second quarter of 1997.

GDP Constant Prices in Iceland is expected to be 373263.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Iceland to stand at 384672.00 in 12 months time. In the long-term, the Iceland GDP Constant Prices is projected to trend around 404935.00 ISK Million in 2020, according to our econometric models.

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Iceland GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
378987.00 381745.00 381745.00 181908.00 1997 - 2019 ISK Million Quarterly
Constant Prices 2005, SA

Iceland GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.70 3.10 10.00 -8.70 percent [+]
GDP Annual Growth Rate -0.10 2.00 13.40 -8.70 percent [+]
GDP 25.88 24.49 25.88 0.25 USD Billion [+]
GDP Constant Prices 378987.00 381745.00 381745.00 181908.00 ISK Million [+]
Gross National Product 1470469.00 1422194.00 1470469.00 496273.00 ISK Million [+]
Gross Fixed Capital Formation 77324.00 76297.00 108559.00 29062.00 ISK Million [+]
GDP per capita 52103.20 51282.00 52103.20 11465.03 USD [+]
GDP per capita PPP 48605.58 47839.52 48605.58 28295.13 USD [+]