GDP (current LCU), per unit of GDP in Iceland
Iceland: GDP (current LCU), per unit of GDP was 139.11 current LCU per US$ of GDP in 2024. ◆ Volatile
GDP (current LCU), per unit of GDP in Iceland, 1970–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gdp (current lcu), per unit of gdp in Iceland stood at 139.11 current LCU per US$ of GDP. That is the highest value across all 55 years on record.
The figure is up 1.6% on the previous year and up 20.4% over ten years.
Over the whole period, gdp (current lcu), per unit of gdp in Iceland peaked at 139.11 current LCU per US$ of GDP in 2024 and was at its lowest, 0.8503 current LCU per US$ of GDP, in 1970.
Iceland ranks 56th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per unit of GDP in Iceland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.8503 current LCU per US$ of GDP | — |
| 1971 | 0.8503 current LCU per US$ of GDP | +0.0% |
| 1972 | 0.8528 current LCU per US$ of GDP | +0.3% |
| 1973 | 0.8709 current LCU per US$ of GDP | +2.1% |
| 1974 | 0.9657 current LCU per US$ of GDP | +10.9% |
| 1975 | 1.49 current LCU per US$ of GDP | +53.8% |
| 1976 | 1.76 current LCU per US$ of GDP | +18.5% |
| 1977 | 1.92 current LCU per US$ of GDP | +9.2% |
| 1978 | 2.62 current LCU per US$ of GDP | +36.3% |
| 1979 | 3.41 current LCU per US$ of GDP | +30.1% |
| 1980 | 4.64 current LCU per US$ of GDP | +36.1% |
| 1981 | 6.98 current LCU per US$ of GDP | +50.6% |
| 1982 | 11.93 current LCU per US$ of GDP | +71.0% |
| 1983 | 24 current LCU per US$ of GDP | +101.1% |
| 1984 | 30.62 current LCU per US$ of GDP | +27.6% |
| 1985 | 40.11 current LCU per US$ of GDP | +31.0% |
| 1986 | 39.72 current LCU per US$ of GDP | -1.0% |
| 1987 | 37.37 current LCU per US$ of GDP | -5.9% |
| 1988 | 41.56 current LCU per US$ of GDP | +11.2% |
| 1989 | 55.12 current LCU per US$ of GDP | +32.6% |
| 1990 | 56.32 current LCU per US$ of GDP | +2.2% |
| 1991 | 57 current LCU per US$ of GDP | +1.2% |
| 1992 | 55.6 current LCU per US$ of GDP | -2.5% |
| 1993 | 65.32 current LCU per US$ of GDP | +17.5% |
| 1994 | 67.58 current LCU per US$ of GDP | +3.5% |
| 1995 | 62.51 current LCU per US$ of GDP | -7.5% |
| 1996 | 64.25 current LCU per US$ of GDP | +2.8% |
| 1997 | 69.55 current LCU per US$ of GDP | +8.3% |
| 1998 | 69.86 current LCU per US$ of GDP | +0.4% |
| 1999 | 71.34 current LCU per US$ of GDP | +2.1% |
| 2000 | 77.63 current LCU per US$ of GDP | +8.8% |
| 2001 | 96.39 current LCU per US$ of GDP | +24.2% |
| 2002 | 90.71 current LCU per US$ of GDP | -5.9% |
| 2003 | 75.81 current LCU per US$ of GDP | -16.4% |
| 2004 | 69.5 current LCU per US$ of GDP | -8.3% |
| 2005 | 61.9 current LCU per US$ of GDP | -10.9% |
| 2006 | 69.36 current LCU per US$ of GDP | +12.0% |
| 2007 | 63.16 current LCU per US$ of GDP | -8.9% |
| 2008 | 87.11 current LCU per US$ of GDP | +37.9% |
| 2009 | 123.09 current LCU per US$ of GDP | +41.3% |
| 2010 | 120.74 current LCU per US$ of GDP | -1.9% |
| 2011 | 114.66 current LCU per US$ of GDP | -5.0% |
| 2012 | 123.47 current LCU per US$ of GDP | +7.7% |
| 2013 | 121.28 current LCU per US$ of GDP | -1.8% |
| 2014 | 115.57 current LCU per US$ of GDP | -4.7% |
| 2015 | 130.55 current LCU per US$ of GDP | +13.0% |
| 2016 | 119.15 current LCU per US$ of GDP | -8.7% |
| 2017 | 105.42 current LCU per US$ of GDP | -11.5% |
| 2018 | 106.61 current LCU per US$ of GDP | +1.1% |
| 2019 | 121.11 current LCU per US$ of GDP | +13.6% |
| 2020 | 132.93 current LCU per US$ of GDP | +9.8% |
| 2021 | 124.74 current LCU per US$ of GDP | -6.2% |
| 2022 | 133.06 current LCU per US$ of GDP | +6.7% |
| 2023 | 136.86 current LCU per US$ of GDP | +2.9% |
| 2024 | 139.11 current LCU per US$ of GDP | +1.6% |
Iceland compared with similar countries
- Iceland's 139.11 current LCU per US$ of GDP is above the median for high income countries, which is 1.01 current LCU per US$ of GDP, 137.7× the median. (82 countries reporting)
- Iceland's 139.11 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 1.7 current LCU per US$ of GDP, 81.9× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), per unit of GDP in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +101.1% | 11.93 current LCU per US$ of GDP | 24 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.56 current LCU per US$ of GDP | 0.8503 current LCU per US$ of GDP | 3.41 current LCU per US$ of GDP | 10 |
| 1980s | 29.2 current LCU per US$ of GDP | 4.64 current LCU per US$ of GDP | 55.12 current LCU per US$ of GDP | 10 |
| 1990s | 63.93 current LCU per US$ of GDP | 55.6 current LCU per US$ of GDP | 71.34 current LCU per US$ of GDP | 10 |
| 2000s | 81.47 current LCU per US$ of GDP | 61.9 current LCU per US$ of GDP | 123.09 current LCU per US$ of GDP | 10 |
| 2010s | 117.86 current LCU per US$ of GDP | 105.42 current LCU per US$ of GDP | 130.55 current LCU per US$ of GDP | 10 |
| 2020s | 133.34 current LCU per US$ of GDP | 124.74 current LCU per US$ of GDP | 139.11 current LCU per US$ of GDP | 5 |
Countries ranked near Iceland
- 53 Japan 145.45 current LCU per US$ of GDP compare
- 54 Jamaica 141.63 current LCU per US$ of GDP compare
- 55 Kenya 139.41 current LCU per US$ of GDP compare
- 57 Haiti 137.55 current LCU per US$ of GDP compare
- 58 Nepal 131.85 current LCU per US$ of GDP compare
- 59 Algeria 131.22 current 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 (current lcu), per unit of gdp in Iceland?
- Gdp (current lcu), per unit of gdp in Iceland was 139.11 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per unit of gdp recorded in Iceland?
- The highest recorded value was 139.11 current LCU per US$ of GDP in 2024.
- What is the lowest gdp (current lcu), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.8503 current LCU per US$ of GDP in 1970.
- How does Iceland rank for gdp (current lcu), per unit of gdp?
- Iceland ranks 56th out of 211 countries with data for 2024.
- Is gdp (current lcu), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is up 20.4%. 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 (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ GDP (current US$)
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 (current 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.