Iceland vs Papua New Guinea: GDP at market prices

Iceland
23.45 billion constant 2010 US$
in 2024
Papua New Guinea
27.20 billion constant 2010 US$
in 2024
Iceland rank
114th
Papua New Guinea rank
111th

GDP at market prices over time

  • Iceland
  • Papua New Guinea
5.0B10.0B15.0B20.0B25.0B197019972024

How they compare

Papua New Guinea currently reports 27.20 billion constant 2010 US$ against 23.45 billion constant 2010 US$ in Iceland, a difference of 3.75 billion constant 2010 US$.

That makes Papua New Guinea's figure about 1.2 times Iceland's.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Papua New Guinea ahead.

Iceland ranks 114th and Papua New Guinea ranks 111th of 208 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Papua New Guinea in 4.

Head to head by decade

Decade Iceland Papua New Guinea Difference Ahead
1970s 5.13 billion constant 2010 US$ 5.99 billion constant 2010 US$ 861.58 million constant 2010 US$ Papua New Guinea
1980s 7.87 billion constant 2010 US$ 7.00 billion constant 2010 US$ 871.90 million constant 2010 US$ Iceland
1990s 9.57 billion constant 2010 US$ 10.41 billion constant 2010 US$ 842.38 million constant 2010 US$ Papua New Guinea
2000s 14.24 billion constant 2010 US$ 12.36 billion constant 2010 US$ 1.88 billion constant 2010 US$ Iceland
2010s 17.66 billion constant 2010 US$ 20.52 billion constant 2010 US$ 2.86 billion constant 2010 US$ Papua New Guinea
2020s 21.68 billion constant 2010 US$ 25.25 billion constant 2010 US$ 3.57 billion constant 2010 US$ Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp at market prices, Iceland or Papua New Guinea?
Papua New Guinea, at 27.20 billion constant 2010 US$ against 23.45 billion constant 2010 US$ in Iceland as of 2024.
What is the difference in gdp at market prices between Iceland and Papua New Guinea?
3.75 billion constant 2010 US$, with Papua New Guinea ahead.
How many years of comparable data are there for Iceland and Papua New Guinea?
55 years are reported by both, from 1970 to 2024.
How do Iceland and Papua New Guinea rank globally for gdp at market prices?
Iceland ranks 114th and Papua New Guinea ranks 111th of 208 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP at market prices (constant 2010 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Papua New Guinea: GDP at market prices. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://population.statizoid.com/compare/gdp-at-market-prices-constant-2010-us/iceland/papua-new-guinea/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release