🇮🇸 Iceland
IS / ISL #106
Nomad Score
54.0
Cities
12
Region
European Free Trade Association,
Nordic Countries,
Arctic Circle,
Remote Work Friendly Countries,
Nomad Visa Countries,
Islands,
Europe,
Europe,
Northern Europe
Currency
ISK
📊 KEY INDICATORS
GDP per capita (PPP) (2030)
$130,684
GDP (2030)
$58.2B
GDP Growth (2030)
2.4%
→
Inflation (2030)
2.5%
→
Unemployment (2030)
4.0%
→
Population (2030)
433.0K
Pop. Growth (2030)
1.9%
↓
Gini Index (2019)
26.8
Govt Debt (2030)
37.8% of GDP
Current Account (2030)
0.7% of GDP
FDI Inflows (2024)
$2.7B
Life Expectancy (2023)
82.6 yrs
Health Spending (2024)
9.0% of GDP
Internet Users (2023)
99.8%
Mobile Subs (2023)
123.4/100
Trade Openness (2024)
86.0% of GDP
Exchange Rate (2024)
137.96/USD
Foreign Reserves (2024)
$6.4B
💰 GDP OVERVIEW
👤 GDP PER CAPITA (PPP)
📉 INFLATION (CPI)
👷 UNEMPLOYMENT
👥 POPULATION
🏛 FISCAL & TRADE
Govt Debt (2030)
37.8% of GDP
Current Account (2030)
0.7% of GDP
FDI Inflows (2024)
$2.7B
⚖️ INCOME INEQUALITY (GINI)
Gini Index (2019)
0.27
Assessment
Low inequality
🏢 BUSINESS ENVIRONMENT
New Business Density (2022)
12.07/1k
Tax Revenue (2023)
23.2% of GDP
Services Sector (2024)
64.9% of GDP
🏧 FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
54.1
Bank Branches per 100k (2023)
23.3
ICT Service Exports (2024)
7.5%
Goods & Services Tax (2023)
13.0%
📋 HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $58.2B | $130,684 | 2.4% | 2.5% | 4.0% | 433.0K | - | 37.8% | 0.7% | - | - | - | - | - |
| 2029 * | $54.1B | $123,770 | 2.4% | 2.5% | 4.0% | 425.0K | - | 39.5% | 0.4% | - | - | - | - | - |
| 2028 * | $50.2B | $117,239 | 2.4% | 2.5% | 4.0% | 417.0K | - | 41.2% | 0.1% | - | - | - | - | - |
| 2027 * | $46.7B | $111,254 | 2.4% | 2.5% | 4.0% | 408.0K | - | 43.0% | -0.3% | - | - | - | - | - |
| 2026 * | $43.4B | $105,572 | 2.3% | 3.1% | 4.0% | 400.0K | - | 44.9% | -1.1% | - | - | - | - | - |
| 2025 | $38.4B | $95,516 | 1.4% | 4.2% | 3.9% | 391.0K | - | 47.4% | -3.6% | - | - | - | - | - |
| 2024 | $33.3B | $84,257 | -1.0% | 5.9% | 3.4% | 384.0K | - | 59.4% | -2.6% | $2.7B | - | 9.0% | - | 137.96 |
| 2023 | $31.7B | $81,608 | 5.2% | 8.7% | 3.4% | 375.0K | - | 61.5% | -1.0% | $1.9B | 82.6 | 8.7% | 99.8% | 137.94 |
| 2022 | $29.2B | $75,333 | 8.8% | 8.3% | 3.6% | 365.0K | - | 66.4% | -1.7% | $1.4B | 82.1 | 9.1% | 99.8% | 135.28 |
| 2021 | $26.2B | $61,610 | 5.2% | 4.5% | 5.8% | 358.0K | - | 73.6% | -2.6% | $401.0M | 83.2 | 9.7% | 99.7% | 126.99 |
| 2020 | $22.0B | $55,797 | -6.6% | 2.8% | 6.3% | 354.0K | - | 76.1% | 1.9% | -$878.5M | 83.1 | 9.7% | 99.5% | 135.42 |
| 2019 | $25.0B | $60,524 | 1.1% | 3.0% | 3.9% | 349.0K | 26.8 | 65.7% | 7.4% | -$556.5M | 83.2 | 8.6% | 99.5% | 122.61 |
| 2018 | $26.7B | $57,198 | 4.7% | 2.7% | 3.1% | 342.0K | 26.6 | 62.3% | 4.4% | -$622.7M | 82.9 | 8.4% | 99.0% | 108.30 |
| 2017 | $25.1B | $55,638 | 3.5% | 1.8% | 3.3% | 333.0K | 26.1 | 70.8% | 4.9% | -$7.0B | 82.7 | 8.3% | 98.3% | 106.84 |
| 2016 | $21.1B | $53,480 | 6.2% | 1.7% | 3.4% | 326.0K | 27.2 | 81.3% | 8.9% | -$1.1B | 82.2 | 8.2% | 98.2% | 120.81 |
| 2015 | $17.7B | $49,201 | 3.8% | 1.6% | 4.6% | 323.0K | 26.8 | 96.3% | 6.3% | $1.1B | 82.5 | 8.1% | 98.2% | 131.92 |
| 2014 | $18.1B | $45,997 | 1.9% | 2.0% | 5.5% | 320.0K | 27.8 | 114.1% | 5.0% | $766.8M | 82.9 | 8.3% | 98.2% | 116.77 |
| 2013 | $16.2B | $44,410 | 3.6% | 3.9% | 6.1% | 316.0K | 25.4 | 121.1% | 6.8% | $472.6M | 82.1 | 8.2% | 96.6% | 122.18 |
| 2012 | $14.9B | $42,004 | 1.2% | 5.2% | 6.9% | 313.0K | 26.8 | 132.2% | -2.9% | $1.0B | 82.9 | 8.2% | 96.2% | 125.08 |
| 2011 | $15.4B | $40,937 | 1.4% | 4.0% | 8.0% | 312.0K | 26.8 | 136.6% | -4.5% | $1.1B | 82.4 | 8.3% | 94.8% | 115.95 |
| 2010 | $13.9B | $39,764 | -2.2% | 5.4% | 8.3% | 318.0K | 26.2 | 131.5% | -5.8% | $257.0M | 81.9 | 8.4% | 93.4% | 122.24 |
| 2009 | $13.2B | $41,885 | -8.3% | 12.0% | 8.0% | 319.0K | 28.7 | 128.2% | -8.8% | $63.6M | 81.8 | 8.8% | 93.0% | 123.64 |
| 2008 | $18.2B | $43,728 | 1.7% | 12.7% | 3.3% | 315.0K | 31.8 | 109.3% | -20.8% | $1.2B | 81.6 | 8.3% | 91.0% | 87.95 |
| 2007 | $22.0B | $41,471 | 8.7% | 5.1% | 2.5% | 308.0K | 29.5 | 67.4% | -13.7% | $6.9B | 81.5 | 8.4% | 90.6% | 64.06 |
| 2006 | $17.7B | $39,692 | 5.7% | 6.7% | 3.2% | 300.0K | 30.2 | 69.8% | -22.6% | $3.9B | 81.2 | 8.6% | 89.5% | 70.18 |
| 2005 | $17.1B | $37,323 | 7.0% | 4.0% | 2.9% | 294.0K | 29.0 | 67.8% | -15.5% | $3.1B | 81.5 | 9.0% | 87.0% | 62.98 |
🧭 CONTINUE EXPLORING ICELAND