Politare

Real GDP during each prime minister's tenure

Every prime minister since 1991, ranked by how real GDP changed from their first day in office. Politare shows what happened during a tenure; it does not claim the office-holder caused it.

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Tenures
Period
Order
#Prime ministerIn officeTotalPer yearChart
1 Katrín Jakobsdóttir 30 Nov 2017 – 9 Apr 2024 +19.3% Q3 2017 → Q1 2024+2.8%/yr
2 Geir Haarde 15 Jun 2006 – 1 Feb 2009 +14.7% Q1 2006 → Q4 2008+5.1%/yr
3 Halldór Ásgrímsson 15 Sep 2004 – 15 Jun 2006 +14.4% Q2 2004 → Q1 2006+8.0%/yr
4 Sigmundur Davíð Gunnlaugsson 23 May 2013 – 7 Apr 2016 +9.5% Q1 2013 → Q1 2016+3.1%/yr
5 Kristrún Frostadóttir 21 Dec 2024 – now +1.7% Q3 2024 → Q2 2026+0.9%/yr
6 Jóhanna Sigurðardóttir 1 Feb 2009 – 23 May 2013 −7.1% Q4 2008 → Q1 2013−1.7%/yr

Sorted by total, highest first. Every row is indexed to the last quarter complete before the first day in office ("from" marks a start that had to move because that period had no data, or because the period cut it); Levels are per cent changes, rates are differences in %; "per year" compounds levels and divides rates. Tenures with under 12 months, or under three observations, are left out. ISK billion, chained 2020 prices, last four quarters · Statistics Iceland, quarterly national accounts (THJ01601, chain-volume measures at 2020 prices, seasonally adjusted), summed over the trailing four quarters, from 1995; the yearly accounts (THJ01103, 2020 prices) before, rescaled to 1995 · Iceland data · as of Oct 2026.

Sources: Statistics Iceland (national accounts, Labour Force Survey, register-based employment, wage index, consumer prices, house prices, population; Reykjavík's population and residents in work, the capital region's Labour Force Survey and flat prices), Central Bank of Iceland (exchange rate, via the IMF), IMF (World Economic Outlook: government debt), GISCO, World Bank (Worldwide Governance Indicators), V-Dem Institute, Transparency International, World Happiness Report, Wikidata, Wikimedia Commons; prime ministers checked against the official lists, Reykjavík's mayors against the city's own list and the council's minutes. Every chart is indexed to the office-holder's first day. Correlation is not credit. CreditsPrivacy