GDP Constant Prices in Iceland decreased to 878507 ISK Million in the second quarter of 2026 from 901217 ISK Million in the first quarter of 2026. GDP Constant Prices in Iceland averaged 658760.27 ISK Million from 1997 until 2026, reaching an all time high of 947340.00 ISK Million in the third quarter of 2025 and a record low of 387177.00 ISK Million in the first quarter of 1997. source: Statistics Iceland

GDP Constant Prices in Iceland is expected to be 958708.00 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland GDP Constant Prices is projected to trend around 926237.00 ISK Million in 2027 and 947541.00 ISK Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 1.30 -1.30 percent Dec 2025
GDP Growth Rate YoY -1.10 3.80 percent Jun 2026
GDP Constant Prices 878507.00 901217.00 ISK Million Jun 2026
GDP Growth Rate -3.00 3.70 percent Jun 2026
Gross Fixed Capital Formation 274927.00 213433.00 ISK Million Jun 2026
Gross National Product 3661794.00 3539686.00 ISK Million Dec 2025


Iceland GDP Constant Prices
Actual Previous Highest Lowest Dates Unit Frequency
878507.00 901217.00 947340.00 387177.00 1997 - 2026 ISK Million Quarterly
Constant Prices 2005, NSA