GDP (constant LCU), per unit of GDP in Iceland
Iceland: GDP (constant LCU), per unit of GDP was 107.29 constant LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
107.29 constant LCU per US$ of GDP
Change on year
down 4.0%
World rank
48th
of 211 countries
All-time high
1,038 constant LCU per US$ of GDP
in 1970
All-time low
107.29 constant LCU per US$ of GDP
in 2024
Years of data
55
1970–2024
GDP (constant LCU), per unit of GDP in Iceland, 1970–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gdp (constant lcu), per unit of gdp in Iceland is 107.29 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 55 years on record.
Compared with earlier readings it is down 4.0% on the previous year and down 24.0% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Iceland peaked at 1,038 constant LCU per US$ of GDP in 1970 and was at its lowest, 107.29 constant LCU per US$ of GDP, in 2024.
Iceland ranks 48th of 211 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), per unit of GDP in Iceland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 1,038 constant LCU per US$ of GDP | — |
| 1971 | 921.8 constant LCU per US$ of GDP | -11.2% |
| 1972 | 781.28 constant LCU per US$ of GDP | -15.2% |
| 1973 | 606.92 constant LCU per US$ of GDP | -22.3% |
| 1974 | 488.81 constant LCU per US$ of GDP | -19.5% |
| 1975 | 529.84 constant LCU per US$ of GDP | +8.4% |
| 1976 | 473.1 constant LCU per US$ of GDP | -10.7% |
| 1977 | 389.19 constant LCU per US$ of GDP | -17.7% |
| 1978 | 362.78 constant LCU per US$ of GDP | -6.8% |
| 1979 | 334.87 constant LCU per US$ of GDP | -7.7% |
| 1980 | 298.82 constant LCU per US$ of GDP | -10.8% |
| 1981 | 301.62 constant LCU per US$ of GDP | +0.9% |
| 1982 | 335.63 constant LCU per US$ of GDP | +11.3% |
| 1983 | 380.74 constant LCU per US$ of GDP | +13.4% |
| 1984 | 382.82 constant LCU per US$ of GDP | +0.5% |
| 1985 | 379.58 constant LCU per US$ of GDP | -0.8% |
| 1986 | 301.71 constant LCU per US$ of GDP | -20.5% |
| 1987 | 236.69 constant LCU per US$ of GDP | -21.6% |
| 1988 | 213.77 constant LCU per US$ of GDP | -9.7% |
| 1989 | 230.72 constant LCU per US$ of GDP | +7.9% |
| 1990 | 204.69 constant LCU per US$ of GDP | -11.3% |
| 1991 | 191.2 constant LCU per US$ of GDP | -6.6% |
| 1992 | 180.28 constant LCU per US$ of GDP | -5.7% |
| 1993 | 207.98 constant LCU per US$ of GDP | +15.4% |
| 1994 | 209.72 constant LCU per US$ of GDP | +0.8% |
| 1995 | 188.32 constant LCU per US$ of GDP | -10.2% |
| 1996 | 188.88 constant LCU per US$ of GDP | +0.3% |
| 1997 | 199 constant LCU per US$ of GDP | +5.4% |
| 1998 | 190.88 constant LCU per US$ of GDP | -4.1% |
| 1999 | 188.33 constant LCU per US$ of GDP | -1.3% |
| 2000 | 197.02 constant LCU per US$ of GDP | +4.6% |
| 2001 | 225.03 constant LCU per US$ of GDP | +14.2% |
| 2002 | 200.03 constant LCU per US$ of GDP | -11.1% |
| 2003 | 166.36 constant LCU per US$ of GDP | -16.8% |
| 2004 | 148.53 constant LCU per US$ of GDP | -10.7% |
| 2005 | 128.37 constant LCU per US$ of GDP | -13.6% |
| 2006 | 132.42 constant LCU per US$ of GDP | +3.2% |
| 2007 | 115.57 constant LCU per US$ of GDP | -12.7% |
| 2008 | 142.15 constant LCU per US$ of GDP | +23.0% |
| 2009 | 181.28 constant LCU per US$ of GDP | +27.5% |
| 2010 | 167.16 constant LCU per US$ of GDP | -7.8% |
| 2011 | 153.97 constant LCU per US$ of GDP | -7.9% |
| 2012 | 160.3 constant LCU per US$ of GDP | +4.1% |
| 2013 | 154.18 constant LCU per US$ of GDP | -3.8% |
| 2014 | 141.08 constant LCU per US$ of GDP | -8.5% |
| 2015 | 150.27 constant LCU per US$ of GDP | +6.5% |
| 2016 | 134.11 constant LCU per US$ of GDP | -10.8% |
| 2017 | 117.56 constant LCU per US$ of GDP | -12.3% |
| 2018 | 115.83 constant LCU per US$ of GDP | -1.5% |
| 2019 | 125.98 constant LCU per US$ of GDP | +8.8% |
| 2020 | 132.93 constant LCU per US$ of GDP | +5.5% |
| 2021 | 117.27 constant LCU per US$ of GDP | -11.8% |
| 2022 | 114.92 constant LCU per US$ of GDP | -2.0% |
| 2023 | 111.73 constant LCU per US$ of GDP | -2.8% |
| 2024 | 107.29 constant LCU per US$ of GDP | -4.0% |
Iceland compared with similar countries
- Iceland's 107.29 constant LCU per US$ of GDP is above the median for high income countries, which is 0.9346 constant LCU per US$ of GDP, 114.8× the median. (82 countries reporting)
- Iceland's 107.29 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.8399 constant LCU per US$ of GDP, 127.7× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 592.61 constant LCU per US$ of GDP | 334.87 constant LCU per US$ of GDP | 1,038 constant LCU per US$ of GDP | 10 |
| 1980s | 306.21 constant LCU per US$ of GDP | 213.77 constant LCU per US$ of GDP | 382.82 constant LCU per US$ of GDP | 10 |
| 1990s | 194.93 constant LCU per US$ of GDP | 180.28 constant LCU per US$ of GDP | 209.72 constant LCU per US$ of GDP | 10 |
| 2000s | 163.68 constant LCU per US$ of GDP | 115.57 constant LCU per US$ of GDP | 225.03 constant LCU per US$ of GDP | 10 |
| 2010s | 142.04 constant LCU per US$ of GDP | 115.83 constant LCU per US$ of GDP | 167.16 constant LCU per US$ of GDP | 10 |
| 2020s | 116.83 constant LCU per US$ of GDP | 107.29 constant LCU per US$ of GDP | 132.93 constant LCU per US$ of GDP | 5 |
Countries ranked near Iceland
- 45 Japan 135.59 constant LCU per US$ of GDP compare
- 46 Sri Lanka 125.21 constant LCU per US$ of GDP compare
- 47 Pakistan 113.73 constant LCU per US$ of GDP compare
- 49 New Caledonia 102.12 constant LCU per US$ of GDP compare
- 50 French Polynesia 96.28 constant LCU per US$ of GDP compare
- 51 Kenya 90.26 constant LCU per US$ of GDP compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 3.6 people per km² (2100)
- Number of children under 5, by world region 13,661 people (2100)
Frequently asked questions
- What is gdp (constant lcu), per unit of gdp in Iceland?
- Gdp (constant lcu), per unit of gdp in Iceland was 107.29 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 1,038 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 107.29 constant LCU per US$ of GDP in 2024.
- How does Iceland rank for gdp (constant lcu), per unit of gdp?
- Iceland ranks 48th out of 211 countries with data for 2024.
- Is gdp (constant lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 24.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.