Iceland - GDP Growth 2019
1.14%
−3.52pp from 2018
Iceland's gdp growth was 1.14% in 2019, decreased +3.52pp from 4.66% in 2018. This was the 163rd highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | 24.21% | 5,284.8% |
| 2nd | Tuvalu | 13.82% | 722.3% |
| 3rd | Sint Maarten (Dutch part) | 10.97% | 259.9% |
| 4th | Marshall Islands | 10.45% | 90.6% |
| 5th | Rwanda | 9.45% | 10.8% |
| 6th | Nauru | 8.55% | 801.1% |
| 7th | Cambodia | 7.94% | -9.6% |
| 8th | Bangladesh | 7.88% | 7.7% |
| 9th | Armenia | 7.60% | 45.5% |
| 10th | Tajikistan | 7.40% | -2.6% |
| 11th | Viet Nam | 7.36% | -1.4% |
| 12th | Monaco | 7.12% | 25.0% |
| 13th | Cabo Verde | 6.95% | 87.4% |
| 14th | Maldives | 6.92% | -20.1% |
| 15th | Benin | 6.87% | 4.4% |
| 16th | Uzbekistan | 6.78% | 22.0% |
| 17th | Côte d'Ivoire | 6.72% | 38.8% |
| 18th | Nepal | 6.66% | -12.7% |
| 19th | Myanmar | 6.58% | 4.8% |
| 20th | Ghana | 6.51% | 5.0% |
| 21st | St. Martin (French part) | 6.50% | 181.3% |
| 22nd | Uganda | 6.44% | 15.6% |
| 23rd | Eswatini | 6.43% | 2,402.7% |
| 24th | Turkmenistan | 6.30% | 30.3% |
| 25th | Gambia, The | 6.22% | -14.0% |
| 26th | Philippines | 6.12% | -3.5% |
| 27th | China | 6.07% | -10.2% |
| 28th | Niger | 5.94% | -15.2% |
| 29th | Burkina Faso | 5.89% | -10.8% |
| 30th | Cyprus | 5.88% | -6.3% |
| 31st | Tanzania | 5.80% | -17.5% |
| 32nd | Bhutan | 5.76% | 64.2% |
| 33rd | Malawi | 5.72% | 30.2% |
| 34th | Guinea | 5.62% | -11.7% |
| 35th | Mongolia | 5.60% | -27.7% |
| 36th | Egypt, Arab Republic of | 5.55% | 4.2% |
| 37th | Djibouti | 5.55% | 16.2% |
| 38th | Seychelles | 5.51% | 11.7% |
| 39th | Iraq | 5.51% | 109.4% |
| 40th | Sierra Leone | 5.50% | 61.6% |
| 41st | Lao PDR | 5.46% | -12.6% |
| 42nd | Chad | 5.38% | 2.7% |
| 43rd | Georgia | 5.38% | -11.2% |
| 44th | Guyana | 5.35% | 20.5% |
| 45th | Guinea-Bissau | 5.33% | 41.7% |
| 46th | Kenya | 5.11% | -9.8% |
| 47th | Hungary | 5.08% | -9.4% |
| 48th | Indonesia | 5.02% | -3.0% |
| 49th | Mali | 5.00% | 5.4% |
| 50th | Turks and Caicos Islands | 4.98% | -26.2% |
| 51st | Ireland | 4.97% | -35.3% |
| 52nd | Togo | 4.92% | 2.7% |
| 53rd | Dominican Republic | 4.89% | -31.1% |
| 54th | Kosovo | 4.76% | 39.6% |
| 55th | Serbia | 4.75% | 2.2% |
| 56th | Lithuania | 4.68% | -3.2% |
| 57th | Senegal | 4.61% | -25.7% |
| 58th | Kyrgyz Republic | 4.60% | 33.0% |
| 59th | Poland | 4.58% | -26.7% |
| 60th | Faroe Islands | 4.54% | 64.2% |
| 61st | Kazakhstan | 4.50% | 9.8% |
| 62nd | Papua New Guinea | 4.48% | 1,705.9% |
| 63rd | Burundi | 4.46% | 177.0% |
| 64th | Samoa | 4.45% | 829.8% |
| 65th | Malaysia | 4.41% | -8.9% |
| 66th | Madagascar | 4.41% | 38.1% |
| 67th | Montenegro | 4.39% | -7.2% |
| 68th | Belize | 4.26% | 417.8% |
| 69th | Malta | 4.09% | -43.2% |
| 70th | Micronesia, Federated States of | 4.08% | 726.2% |
| 71st | Guatemala | 4.02% | 17.9% |
| 72nd | Romania | 3.96% | -35.3% |
| 73rd | Dominica | 3.95% | 11.3% |
| 74th | Gabon | 3.92% | 331.3% |
| 75th | Cayman Islands | 3.92% | -8.2% |
| 76th | Afghanistan | 3.91% | 229.0% |
| 77th | North Macedonia | 3.91% | 35.7% |
| 78th | India | 3.87% | -40.0% |
| 79th | Brunei Darussalam | 3.87% | 7,340.1% |
| 80th | Eritrea | 3.84% | -70.6% |
| 81st | Bulgaria | 3.79% | 48.8% |
| 82nd | Estonia | 3.73% | 0.7% |
| 83rd | Israel | 3.71% | -8.5% |
| 84th | Czechia | 3.57% | 26.0% |
| 85th | Moldova | 3.55% | -13.4% |
| 86th | Slovenia | 3.51% | -20.0% |
| 87th | Cameroon | 3.48% | -13.6% |
| 88th | Kiribati | 3.26% | -6.2% |
| 89th | Vanuatu | 3.24% | 11.8% |
| 90th | Ukraine | 3.20% | -8.3% |
| 91st | Colombia | 3.19% | 24.3% |
| 92nd | Antigua and Barbuda | 3.17% | -52.7% |
| 93rd | Mauritania | 3.14% | -34.2% |
| 94th | Panama | 3.10% | -16.1% |
| 95th | Croatia | 3.10% | 6.8% |
| 96th | Central African Republic | 3.10% | -3.1% |
| 97th | Botswana | 3.03% | -27.6% |
| 98th | St. Kitts and Nevis | 2.94% | 46.6% |
| 99th | Virgin Islands (US) | 2.91% | 54.8% |
| 100th | Mauritius | 2.89% | -27.8% |
| 101st | Morocco | 2.89% | -5.7% |
| 102nd | Bosnia and Herzegovina | 2.89% | -24.6% |
| 103rd | Greenland | 2.83% | 354.6% |
| 104th | Somalia, Fed. Rep. | 2.80% | 100.0% |
| 105th | Luxembourg | 2.75% | 70.7% |
| 106th | Portugal | 2.75% | -6.8% |
| 107th | French Polynesia | 2.69% | 48.8% |
| 108th | Sweden | 2.61% | 47.4% |
| 109th | United States | 2.58% | -12.9% |
| 110th | Honduras | 2.56% | -33.4% |
| 111th | Guam | 2.52% | 404.7% |
| 112th | Pakistan | 2.50% | -59.0% |
| 113th | Azerbaijan | 2.48% | 68.7% |
| 114th | Belgium | 2.44% | 30.1% |
| 115th | El Salvador | 2.44% | 0.9% |
| 116th | Costa Rica | 2.42% | -7.6% |
| 117th | Mozambique | 2.32% | -33.5% |
| 118th | New Zealand | 2.32% | -33.4% |
| 119th | Korea | 2.31% | -27.1% |
| 120th | Netherlands | 2.30% | 1.8% |
| 121st | Greece | 2.28% | 10.3% |
| 122nd | Slovak Republic | 2.28% | -44.0% |
| 123rd | Kuwait | 2.26% | -17.5% |
| 124th | Peru | 2.24% | -43.5% |
| 125th | Nigeria | 2.21% | 14.8% |
| 126th | Russian Federation | 2.20% | -21.7% |
| 127th | Australia | 2.19% | -21.4% |
| 128th | Thailand | 2.11% | -49.9% |
| 129th | Yemen, Republic of | 2.10% | 179.3% |
| 130th | San Marino | 2.07% | 39.4% |
| 131st | Albania | 2.06% | -43.8% |
| 132nd | Bahrain | 2.05% | 0.0% |
| 133rd | France | 2.03% | 27.3% |
| 134th | Andorra | 2.02% | 26.8% |
| 135th | São Tomé and Principe | 2.01% | -54.0% |
| 136th | Spain | 1.96% | -18.1% |
| 137th | Canada | 1.91% | -30.4% |
| 138th | European Union | 1.88% | -8.4% |
| 139th | Jamaica | 1.81% | -28.1% |
| 140th | Comoros | 1.76% | -51.7% |
| 141st | Austria | 1.75% | -29.3% |
| 142nd | Jordan | 1.75% | -8.7% |
| 143rd | Solomon Islands | 1.75% | -36.3% |
| 144th | Denmark | 1.71% | -7.9% |
| 145th | Puerto Rico (US) | 1.68% | 138.4% |
| 146th | Saudi Arabia | 1.65% | -48.8% |
| 147th | Channel Islands | 1.57% | 40.2% |
| 148th | Tunisia | 1.55% | -40.5% |
| 149th | Bolivia, Plurinational State of | 1.51% | -64.3% |
| 150th | Belarus | 1.45% | -54.1% |
| 151st | Zambia | 1.44% | -65.1% |
| 152nd | West Bank and Gaza | 1.36% | 11.1% |
| 153rd | Finland | 1.35% | 13.1% |
| 154th | Singapore | 1.31% | -62.1% |
| 155th | Türkiye | 1.30% | -62.5% |
| 156th | United Arab Emirates | 1.27% | -17.3% |
| 157th | United Kingdom | 1.26% | -10.6% |
| 158th | Aruba | 1.23% | -61.9% |
| 159th | Brazil | 1.22% | -31.6% |
| 160th | Syrian Arab Republic | 1.22% | -12.4% |
| 161st | Suriname | 1.17% | -76.4% |
| 162nd | Switzerland | 1.14% | -60.1% |
| 163rd | Iceland | 1.14% | -75.6% |
| 164th | Congo, Republic of | 1.12% | 148.8% |
| 165th | Norway | 1.12% | 35.6% |
| 166th | Germany | 0.98% | -13.7% |
| 167th | Uruguay | 0.93% | 462.6% |
| 168th | Algeria | 0.90% | -35.7% |
| 169th | South Sudan | 0.86% | 139.8% |
| 170th | Qatar | 0.69% | -44.3% |
| 171st | Grenada | 0.68% | -84.5% |
| 172nd | Latvia | 0.68% | -84.3% |
| 173rd | St. Vincent and the Grenadines | 0.67% | -79.0% |
| 174th | Chile | 0.63% | -84.1% |
| 175th | Congo, Democratic Republic of | 0.56% | -88.5% |
| 176th | Trinidad and Tobago | 0.47% | 149.5% |
| 177th | Italy | 0.43% | -48.1% |
| 178th | Bermuda | 0.31% | 171.0% |
| 179th | South Africa | 0.26% | -83.3% |
| 180th | Isle of Man | 0.25% | -88.5% |
| 181st | Barbados | 0.23% | 119.4% |
| 182nd | Ecuador | 0.17% | -84.2% |
| 183rd | Cuba | -0.16% | -107.3% |
| 184th | Angola | -0.20% | 65.3% |
| 185th | Sri Lanka | -0.22% | -109.5% |
| 186th | Tonga | -0.29% | -141.5% |
| 187th | Palau | -0.36% | 13.4% |
| 188th | Mexico | -0.39% | -119.9% |
| 189th | Paraguay | -0.40% | -112.5% |
| 190th | Japan | -0.40% | -162.5% |
| 191st | American Samoa | -0.49% | -118.3% |
| 192nd | Fiji | -0.58% | -115.3% |
| 193rd | St. Lucia | -0.70% | -124.3% |
| 194th | Bahamas, The | -0.84% | -135.0% |
| 195th | Namibia | -0.84% | -179.2% |
| 196th | Oman | -1.13% | -187.6% |
| 197th | New Caledonia | -1.40% | -450.0% |
| 198th | Lesotho | -1.42% | 3.2% |
| 199th | Hong Kong SAR, China | -1.67% | -158.7% |
| 200th | Haiti | -1.72% | -203.3% |
| 201st | Argentina | -2.00% | 23.5% |
| 202nd | Liechtenstein | -2.17% | -162.6% |
| 203rd | Sudan | -2.18% | 4.9% |
| 204th | Iran, Islamic Republic of | -2.36% | 37.0% |
| 205th | Macao SAR, China | -2.46% | -138.4% |
| 206th | Liberia | -2.47% | -298.7% |
| 207th | Nicaragua | -2.90% | 13.9% |
| 208th | Curaçao | -3.21% | -52.4% |
| 209th | Equatorial Guinea | -5.48% | 12.1% |
| 210th | Zimbabwe | -6.33% | -226.4% |
| 211th | Lebanon | -6.91% | -273.2% |
| 212th | Libya | -11.20% | -241.0% |
| 213th | Northern Mariana Islands | -11.45% | 41.3% |
FAQ
What was Iceland's gdp growth in 2019?▾
Iceland's gdp growth in 2019 was 1.14%. This ranked 163rd globally.
How did Iceland's gdp growth change in 2019?▾
Iceland's gdp growth decreased by 75.6% in 2019 compared to 2018.
Which country had the highest gdp growth in 2019?▾
Timor-Leste had the highest gdp growth in 2019 at 24.21%.
What is the gdp growth of Iceland in 2019?▾
The gdp growth of Iceland in 2019 was 1.14%. This ranked 163rd globally.
How does 2019 compare to 2018 for Iceland's gdp growth?▾
Iceland's gdp growth went from 4.66% in 2018 to 1.14% in 2019, a 75.6% decrease.
Related
2018
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Full ranking 2019
GDP
GDP per Capita
GDP PPP
GNI
GNI per Capita
Peak: 1971
Lowest: 2009
GDP Growth 1990s
GDP Growth 2000s
GDP Growth 2010s
GDP Growth 2020s
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Lowest ever
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