Iceland Nominal GDP
Iceland Nominal GDP reached 5.3 USD bn in Sep 2020, compared with 4.9 USD bn in the previous quarter. Nominal GDP in Iceland is updated quarterly, available from Mar 1995 to Sep 2020, with an average number of 3.8 USD bn. The data reached an all-time high of 6.9 USD bn in Mar 2018 and a record low of 1.7 USD bn in Mar 1995. CEIC converts quarterly Nominal GDP into USD. Statistics Iceland provides Nominal GDP in local currency. The Central Bank of Iceland average market exchange rate is used for currency conversions.
In the latest reports, Iceland GDP contracted 10.7 % YoY in Jun 2020. Its GDP deflator (implicit price deflator) increased 5.9 % in Jun 2020. Iceland GDP Per Capita reached 67,161.4 USD in Dec 2019. Its Gross Savings Rate was measured at 20.9 % in Sep 2020.
View Iceland's Nominal GDP from Mar 1995 to Sep 2020 in the chart:
What was Iceland's Nominal GDP in Sep 2020?
|5,271.9 Sep 2020||4,911.8 Jun 2020||1,692.5 Mar 1995||6,854.6 Mar 2018||USD mn||quarterly||Mar 1995 - Sep 2020|
Nominal GDP by Country Comparison
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|Albania (USD mn)||3,216.2 Jun 2020||quarterly||Mar 2008 - Jun 2020|
|Algeria (USD mn)||40,083.4 Mar 2020||quarterly||Mar 1999 - Mar 2020|
|Argentina (USD mn)||87,180.6 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|Armenia (USD mn)||3,593.3 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (USD mn)||307,619.3 Jun 2020||quarterly||Sep 1959 - Jun 2020|
|Austria (USD mn)||112,574.1 Sep 2020||quarterly||Mar 1988 - Sep 2020|
|Azerbaijan (USD mn)||10,668.2 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (USD mn)||7,943.7 Jun 2020||quarterly||Mar 2007 - Jun 2020|
|Bangladesh (USD mn)||329,803.7 2020||yearly||1960 - 2020|
|Belarus (USD mn)||13,789.2 Jun 2020||quarterly||Mar 1994 - Jun 2020|
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Iceland Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-2.8 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-554.344 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|Tax Revenue (USD mn)||1,692.859 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Tax Revenue: % of GDP (%)||31.2 Jun 2020||quarterly||Mar 2004 - Jun 2020|
|National Government Debt (USD mn)||17,203.9 2019||yearly||1998 - 2019|
|Government Debt: % of GDP (%)||69.0 2019||yearly||1998 - 2019|
|Forecast: Government Expenditure (ISK bn)||1,566.977 2025||yearly||1980 - 2025|
|Forecast: Government Net Debt (ISK bn)||1,911.483 2025||yearly||1982 - 2025|
|Forecast: Government Revenue (ISK bn)||1,382.117 2025||yearly||1980 - 2025|
|General Govt Revenue: Social Contributions (ISK bn)||25.950 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Revenue: Others (ISK bn)||41.817 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Expenditure (ISK bn)||318.717 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Expenditure: Compensation of Employees (ISK bn)||117.586 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Expenditure: Use of Goods and Services (ISK bn)||86.651 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|General Govt Revenue (ISK bn)||318.632 Dec 2018||quarterly||Mar 2004 - Dec 2018|
|General Govt Revenue: Tax (ISK bn)||232.839 Sep 2020||quarterly||Mar 2004 - Sep 2020|
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