Statistics Iceland
Statistical Database
Íslenska
Statistical database
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Quarterly GDP 1995-2026

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8/31/2026
Million ISK/percent
1995-2026
THJ01601
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Field for searching for a specific value in the list box. This is examples of values you can search for.1995Q1 , 1995Q2 , 1995Q3 ,

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The reference year is now 2020. From 1990 onward volume changes are now based on annual chain linking. Prior to that volume changes were based on fixed base years. The base year was 1980 for the period 1977-1990.
Due to chain linking the sum of the total individual chain-linked components is not always equal to the same aggregate value. A new National accounts standard (ESA2010) was implemented in September 2014 and the time series now extends back to 1995
National account metadata is available at the following link: Metadata - NATIONAL ACCOUNTS - ANNUAL AND QUARTERLY. And the gross national income inventory is accessible here: Gross National Income Inventory, Iceland.

Value unit

Chain-volume measures

Reference year: 2020. Due to rounding in calculations of chain-volume measures the sum of the quarters don't have to add up to the annual figures.

Volume changes

From the corresponding period year before.

Chain-volume measures, seasonally adjusted

Reference year: 2020. Due to rounding in calculations of chain-volume measures the sum of the quarters don't have to add up to the annual figures.

Seasonally adjusted quarterly volume growth

Change on the previous quarter.

Contributions to growth, seasonally adjusted

Change on the previous quarter. Seasonally adjusted

Volume changes, seasonally adjusted

From the corresponding period year before.

Contrubutions to growth

Raunbreytingar frá sama tímabili árið áður.

Category

4. Changes in inventories

Up to the first quarter of 2003 changes in inventory only covered changes in aluminium and ferro-silicon. Since then changes in inventory of fish products were also included in quarterly accounts. Changes in inventory of fish products 2003 had no influence on annual figures that year. Since first quarter of 2004 Statistics Iceland has compiled figures for changes in inventory of oil, and from first quarter of 2006 for changes in inventory of new product , but prior to that no figures were available.

Quarter

2024Q1

Preliminary data.

2024Q2

Preliminary data.

2024Q3

Preliminary data.

2024Q4

Preliminary data.

2025Q1

Preliminary data.

2025Q2

Preliminary data.

2025Q3

Preliminary data.

2025Q4

Preliminary data.

2026Q1

Preliminary data.

2026Q2

Preliminary data.