Iceland’s economic activity contracted by 0.5 percent over the prior quarter on a seasonally adjusted basis in the June-September period. source: Statistics Iceland
GDP Growth Rate in Iceland averaged 0.84 percent from 1995 until 2022, reaching an all time high of 10.20 percent in the second quarter of 1998 and a record low of -9.90 percent in the first quarter of 2009. This page provides - Iceland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
GDP Growth Rate in Iceland is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland GDP Growth Rate is projected to trend around 0.80 percent in 2024 and 0.90 percent in 2025, according to our econometric models.