Statistics Iceland
Statistical Database
Íslenska
Statistical database
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Overview of Gross Domestic Product and Gross National Income 1945-2023

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11/29/2024
Index/percent/number
1945-2023
THJ01000
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The reference year is now 2015. 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
Gross national income (GNI) equals GDP plus net primary income from rest of the world and changes in terms of trade towards abroad. With the implementation of the new standards ESA2010 in September 2014 the time series was revised back to 1997, causing a structural break in the time series between 1996 and 1997. As of May 2019 time series have been revised back to the year 1995, causing a structural break in series between 1994 and 1995. Gross national income and primary incomes receivable from the rest of the world were updated 29th of November 2024

Year

2022

Preliminary data

2023

Preliminary data

Category

Gross national income, index

2015=100.

Gross domestic product, index

2015=100.

Mean population

Population 1st of July.

GDP per capita, index

2015=100.