# Iceland GDP (Gross Domestic Product)

Iceland GDP (Gross Domestic Product) was up 4.5% year on year in Q2 2026, compared with 12.2% in Q1 2026.
The level stood at 1,288,927 Current prices, million national currency.
That is the lowest reading since Q3 2024.
Among the 60 economies Makrognosis covers on this measure, it is the 22nd highest.
Over the past ten years it has ranged from −7.5% (Q2 2020) to 20.1% (Q1 2022), averaging 8.0%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `IS.GDP.Q.NOM`
- Frequency: quarterly
- Units: Current prices, million national currency
- Coverage: 2006-07-01 to 2026-04-01 (80 observations)
- Page: https://makrognosis.robomacro.com/data/iceland/gdp-gross-domestic-product

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 1,288,927 Current prices, million national currency | 4.5 |
| Q1 2026 | 1,340,860 Current prices, million national currency | 12.2 |
| Q4 2025 | 1,260,446 Current prices, million national currency | 6.9 |
| Q3 2025 | 1,252,115 Current prices, million national currency | 10.0 |
| Q2 2025 | 1,233,867 Current prices, million national currency | 7.6 |
| Q1 2025 | 1,194,784 Current prices, million national currency | 7.3 |
| Q4 2024 | 1,178,850 Current prices, million national currency | 7.3 |
| Q3 2024 | 1,137,977 Current prices, million national currency | 4.4 |
| Q2 2024 | 1,146,493 Current prices, million national currency | 4.7 |
| Q1 2024 | 1,113,309 Current prices, million national currency | 2.8 |
| Q4 2023 | 1,099,149 Current prices, million national currency | 5.5 |
| Q3 2023 | 1,089,518 Current prices, million national currency | 8.1 |
| Q2 2023 | 1,095,253 Current prices, million national currency | 12.6 |
| Q1 2023 | 1,083,281 Current prices, million national currency | 17.2 |
| Q4 2022 | 1,042,007 Current prices, million national currency | 17.3 |
| Q3 2022 | 1,007,765 Current prices, million national currency | 17.0 |
| Q2 2022 | 972,523 Current prices, million national currency | 19.8 |
| Q1 2022 | 924,663 Current prices, million national currency | 20.1 |
| Q4 2021 | 888,428 Current prices, million national currency | 14.6 |
| Q3 2021 | 861,028 Current prices, million national currency | 15.2 |
| Q2 2021 | 811,865 Current prices, million national currency | 14.2 |
| Q1 2021 | 770,216 Current prices, million national currency | 2.7 |
| Q4 2020 | 775,467 Current prices, million national currency | −1.6 |
| Q3 2020 | 747,517 Current prices, million national currency | −2.6 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IS.GDP.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IS.GDP.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```