GDP Constant Prices in Iceland decreased to 336002 ISK Million in the second quarter of 2020 from 369720 ISK Million in the first quarter of 2020.

GDP Constant Prices in Iceland averaged 280986.35 ISK Million from 1997 until 2020, reaching an all time high of 391960 ISK Million in the fourth quarter of 2019 and a record low of 178982 ISK Million in the first quarter of 1997. This page provides - Iceland GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland GDP Constant Prices - values, historical data and charts - was last updated on October of 2020.

GDP Constant Prices in Iceland is expected to be 363152.00 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 365570.00 in 12 months time. In the long-term, the Iceland GDP Constant Prices is projected to trend around 381926.00 ISK Million in 2021 and 391856.00 ISK Million in 2022, according to our econometric models.

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Iceland GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
336002.00 369720.00 391960.00 178982.00 1997 - 2020 ISK Million Quarterly
Constant Prices 2005, SA

Iceland GDP Last Previous Highest Lowest Unit
GDP Growth Rate -9.10 -5.70 10.20 -9.30 percent [+]
GDP Annual Growth Rate -9.30 -1.70 13.40 -9.30 percent [+]
GDP 24.19 25.74 25.74 0.25 USD Billion [+]
GDP Constant Prices 336002.00 369720.00 391960.00 178982.00 ISK Million [+]
Gross National Product 1500248.00 1461965.00 1500248.00 496273.00 ISK Million [+]
Gross Fixed Capital Formation 59993.00 58349.00 108559.00 29062.00 ISK Million [+]
GDP per capita 51332.14 51592.65 51592.65 11465.03 USD [+]
GDP per capita PPP 55874.00 56157.50 56157.50 32337.00 USD [+]