Denmark vs Iceland: GDP

Denmark
2.70 trillion constant LCU
in 2024
Iceland
3.56 trillion constant LCU
in 2024
Denmark rank
65th
Iceland rank
63rd

GDP over time

  • Denmark
  • Iceland
1.0T2.0T3.0T4.0T197019972024

How they compare

Iceland currently reports 3.56 trillion constant LCU against 2.70 trillion constant LCU in Denmark, a difference of 864.76 billion constant LCU.

That makes Iceland's figure about 1.3 times Denmark's.

The two have swapped places 1 time across 55 shared years of data; in 1970 it was Denmark ahead.

Denmark ranks 65th and Iceland ranks 63rd of 209 countries.

Across the 6 decades both report, Denmark averaged higher in 3 and Iceland in 3.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1970s 1.04 trillion constant LCU 778.61 billion constant LCU 263.62 billion constant LCU Denmark
1980s 1.30 trillion constant LCU 1.20 trillion constant LCU 102.88 billion constant LCU Denmark
1990s 1.60 trillion constant LCU 1.45 trillion constant LCU 149.67 billion constant LCU Denmark
2000s 1.98 trillion constant LCU 2.16 trillion constant LCU 177.37 billion constant LCU Iceland
2010s 2.17 trillion constant LCU 2.68 trillion constant LCU 513.87 billion constant LCU Iceland
2020s 2.53 trillion constant LCU 3.29 trillion constant LCU 760.74 billion constant LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Denmark or Iceland?
Iceland, at 3.56 trillion constant LCU against 2.70 trillion constant LCU in Denmark as of 2024.
What is the difference in gdp between Denmark and Iceland?
864.76 billion constant LCU, with Iceland ahead.
How many years of comparable data are there for Denmark and Iceland?
55 years are reported by both, from 1970 to 2024.
How do Denmark and Iceland rank globally for gdp?
Denmark ranks 65th and Iceland ranks 63rd of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/gdp-constant-lcu-2/denmark/iceland/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release