The data displays gross domestic product in Iceland from 2012 to 2017, with projections up until 2022. Gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2017, Iceland's gross domestic product amounted to around 23.91 billion USD.
Iceland's recovery
Iceland's gross dometic product has increased dramatically since 2010. Iceland’s economy took a big hit during the economic crisis of 2008, but has been showing increasing strength since then.
