Economy

Iceland. Economy, 1970-2016

Iceland. Economy, size

Iceland. Economy, size, mlrd. $, 1970-2016
Indicator197019801990200020102016
Gross domestic product0.533.46.58.913.320.3
Gross national income0.523.36.28.611.220.6
Value added0.472.85.67.611.817.7

Picture. Iceland. Economy, share, %, 1970-2016

Iceland. Economy, growth

Picture. Iceland. Economy, growth, 1970=100%, 1970-2016

Iceland. Economy, structure

Iceland. Economy, structure, %, 1970-2016
Indicator197019801990200020102016
Agriculture11.512.311.38.37.45.7
Industry21.624.420.417.420.315.1
Construction15.211.510.29.24.47.3
Trade10.911.614.413.310.314.1
Transportation12.910.610.211.69.912.2
Service27.929.533.540.347.845.7

Picture. Iceland. Economy, structure, %, 2016

Iceland. Economy, quality

Iceland. Economy, per capita, $, 1970-2016
Indicator197019801990200020102016
Gross domestic product2 598.014 935.025 570.031 833.041 553.160 966.0
Agriculture263.91 522.32 496.32 239.92 707.93 028.9
Industry495.13 013.44 507.24 694.17 461.18 023.8

Picture. Iceland. Economy, quality, 1970-2016

Iceland. International trade

Iceland. International trade, mlrd. $, 1970-2016
Indicator197019801990200020102016
Exports0.231.22.12.97.19.8
Imports0.221.22.13.55.88.5
Net export0.0086-0.00120.080-0.621.41.3

Picture. Iceland. International trade, mlrd. $, 1970-2016

Iceland. International trade, structure, %, 2016
Indicator Exports Imports
Primary products72.27.9
Resource-based manufactures13.828.2
Low technology manufactures2.313.9
Medium technology manufactures6.929.0
High technology manufactures3.620.6
Others1.10.41

Iceland. Economy, perspective

Picture. Iceland. Economy, perspective

© Ivan Kushnir