GDP at market prices in Iceland
Iceland: GDP at market prices was 23.45 billion constant 2010 US$ in 2024. β² Rising
GDP at market prices in Iceland, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
In 2024, gdp at market prices in Iceland stood at 23.45 billion constant 2010 US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 39.8% over ten years.
Over the whole period, gdp at market prices in Iceland peaked at 23.45 billion constant 2010 US$ in 2024 and was at its lowest, 3.72 billion constant 2010 US$, in 1970.
Iceland ranks 113th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.13 billion constant 2010 US$ | 3.72 billion constant 2010 US$ | 6.51 billion constant 2010 US$ | 10 |
| 1980s | 7.87 billion constant 2010 US$ | 6.89 billion constant 2010 US$ | 8.92 billion constant 2010 US$ | 10 |
| 1990s | 9.57 billion constant 2010 US$ | 8.70 billion constant 2010 US$ | 11.30 billion constant 2010 US$ | 10 |
| 2000s | 14.24 billion constant 2010 US$ | 11.86 billion constant 2010 US$ | 17.08 billion constant 2010 US$ | 10 |
| 2010s | 17.66 billion constant 2010 US$ | 15.33 billion constant 2010 US$ | 20.73 billion constant 2010 US$ | 10 |
| 2020s | 21.68 billion constant 2010 US$ | 19.29 billion constant 2010 US$ | 23.45 billion constant 2010 US$ | 5 |
Countries ranked near Iceland
- 110 Papua New Guinea 27.20 billion constant 2010 US$ compare
- 111 Georgia 25.13 billion constant 2010 US$ compare
- 112 Zimbabwe 23.63 billion constant 2010 US$ compare
- 114 Mali 22.23 billion constant 2010 US$ compare
- 115 Trinidad and Tobago 22.14 billion constant 2010 US$ compare
- 116 Bosnia and Herzegovina 21.19 billion constant 2010 US$ compare
More population data for Iceland
- Population growth rate by level of development -0.502 (2100)
- Projected population under age 5 13,661 (2100)
- Population density 3.6 (2100)
- Population growth rate -0.502 (2100)
- Fertility and wanted fertility 1.56 (2024)
- Refugee population by country or territory of asylum 7,879 (2024)
- Fertility vs unmet contraception 1.56 (2024)
- Fertility vs contraception 1.56 (2024)
- Natural population growth 0.4476 (2023)
- Fertility rate with projections 1.54 (2023)
Frequently asked questions
- What is gdp at market prices in Iceland?
- Gdp at market prices in Iceland was 23.45 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Iceland?
- The highest recorded value was 23.45 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Iceland?
- The lowest recorded value was 3.72 billion constant 2010 US$ in 1970.
- How does Iceland rank for gdp at market prices?
- Iceland ranks 113th out of 205 countries with data for 2024.
- Is gdp at market prices rising or falling in Iceland?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release