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GDP of Iceland

SourceWorld Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant)
IMF World Economic Outlook (April 2024)
Date01 Sep 2024
Top Statistics
IPL 2024
List of continents by gdp per capita
Top 10 largest economies by GDP
  • See Also:
  • » GDP per capita of Iceland
  • » GDP Growth of Iceland
  • View More Economy Statistics

According to the IMF World Economic Outlook (April 2024), Iceland's nominal GDP in 2024 is projected to be around $33 billion at current prices. Based on PPP, Iceland's GDP in 2024 is forecast at 29 billion international dollars.

Iceland has the 33rd largest economy by GDP (nominal) and 39th by GDP (PPP) in Europe, the 108th largest by nominal GDP in the world, and 150th by GDP (PPP).

  • Nominal
  • PPP
Projections by IMF
Year GDP (billions of $/Int. $)
NominalPPP
202331.0227.91
202433.3429.08
202535.8030.18
202638.5631.42
202741.6032.76
202844.9234.23
202948.4835.74
Estimates by World Bank
Year GDP Nominal (billions of $) GDP PPP (billions Int. $) Share (%) to World Rank/Total
CurrentConstant (2015) CurrentConstant (2021)NominalPPPNominalPPP
19600.252.37--0.0183-80/104-
19610.262.37--0.0181-81/106-
19620.292.57--0.0188-81/108-
19630.352.83--0.0210-81/108-
19640.443.11--0.0241-76/108-
19650.533.34--0.0266-78/116-
19660.643.63--0.0297-78/117-
19670.633.58--0.0275-79/120-
19680.483.39--0.0194-84/121-
19690.423.47--0.0154-87/121-
19700.533.72--0.0177-88/141-
19710.674.21--0.0202-85/142-
19720.844.47--0.0219-82/142-
19731.154.78--0.0247-81/142-
19741.525.05--0.0284-83/142-
19751.415.08--0.0235-85/145-
19761.675.38--0.0257-85/145-
19772.215.86--0.0300-83/148-
19782.516.21--0.0288-84/147-
19792.856.51--0.0282-84/148-
19803.386.89--0.0296-87/155-
19813.497.18--0.0296-85/156-
19823.217.34--0.0276-88/158-
19832.777.18--0.0231-90/159-
19842.867.47--0.0230-89/161-
19852.987.72--0.0229-90/163-
19863.998.20--0.0260-82/163-
19875.528.91--0.0316-81/169-
19886.118.90--0.0313-79/172-
19895.678.92--0.0279-81/173-
19906.479.035.6010.270.02830.018989/188132/186
19916.919.015.7810.250.02900.018687/188135/187
19927.088.705.719.900.02780.017687/191135/188
19936.228.825.9210.030.02400.017593/195135/188
19946.399.136.2610.390.02290.017593/196135/189
19957.129.146.4010.410.02290.017094/199135/190
19967.439.566.6610.880.02330.016794/199137/190
19977.5710.117.2811.510.02380.017297/199137/192
19988.5010.867.8712.360.02680.018093/201138/192
19998.9811.308.2012.860.02740.017991/202139/192
20009.0311.868.3813.500.02670.017094/203139/194
20018.2312.349.0914.040.02450.0176100/204140/194
20029.3212.409.3814.120.02670.017397/208141/195
200311.4312.679.4714.420.02920.016693/208141/195
200413.8313.6610.4015.540.03130.016891/208143/195
200516.8514.5011.0716.500.03530.016690/208144/195
200617.4715.4112.0617.540.03380.016596/209143/196
200721.6516.7112.9219.020.03710.016495/209143/196
200818.0717.0813.8819.440.02820.0166107/210144/199
200913.1515.7713.3317.950.02170.0158113/210145/200
201013.7515.3312.6517.440.02070.0141118/210147/200
201115.2215.6113.0617.760.02060.0136120/213147/201
201214.7515.7813.4717.950.01950.0134123/211146/199
201316.1316.4914.3818.770.02070.0136123/211146/200
201417.8716.7715.0619.090.02240.0137121/212145/199
201517.5217.5216.2819.930.02320.0145114/210145/199
201620.7918.6217.9421.190.02710.0153109/210146/198
201724.7319.4019.1122.080.03030.0154106/210147/199
201826.2620.3520.1723.160.03030.0153105/210147/199
201924.6820.7321.8223.590.02810.0156108/210147/199
202021.6319.2920.4521.950.02530.0147109/209146/198
202125.8020.2823.0823.080.02650.0148108/208146/198
202228.7022.0928.0725.130.02840.0163107/202145/194
202331.0222.9830.5326.160.02940.0165104/186141/184
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