This table provides metadata for the actual indicator available from Iceland statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Icelandic statistics, this table should be consulted for information on national methodology and other Icelandic-specific metadata information.
| Geographical coverage |
Iceland |
|---|---|
| Unit of measurement |
Percentage (%) |
| Definitions |
Gross Domestic Product (GDP) is the main measure of the size of the economy, representing the total value of all final goods and services produced in a defined time period. |
| Calculations |
Real GDP per employed person = (GDP at constant prices / Total number of employed persons) where the numerator and denominator refer to the same reference period, for example, the same calendar year. If we call the real GDP per employed person “LabProd”, then the annual growth rate of real GDP per employed person is calculated as ((LabProd in year n – LabProd in year n-1) / LabProd in year n-1) * 100. |
| Comments and limitations |
Data follows the UN specification for this indicator. This indicator has been identified in collaboration with topic experts. |