GDP, PPP (constant 2011 international $) in Iceland
Iceland: GDP, PPP (constant 2011 international $) was 26.56 billion constant 2011 international $ in 2024. ▲ Rising
Latest (2024)
26.56 billion constant 2011 international $
Change on year
up 0.5%
World rank
149th
of 198 countries
All-time high
26.56 billion constant 2011 international $
in 2024
All-time low
9.86 billion constant 2011 international $
in 1992
Years of data
35
1990–2024
GDP, PPP in Iceland, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
In 2024, gdp, ppp in Iceland stood at 26.56 billion constant 2011 international $. That is the highest value across all 35 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, ppp in Iceland peaked at 26.56 billion constant 2011 international $ in 2024 and was at its lowest, 9.86 billion constant 2011 international $, in 1992.
That places Iceland 149th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP (constant 2011 international $) in Iceland, year by year
| Year | constant 2011 international $ | Change |
|---|---|---|
| 1990 | 10.22 billion constant 2011 international $ | — |
| 1991 | 10.20 billion constant 2011 international $ | -0.2% |
| 1992 | 9.86 billion constant 2011 international $ | -3.4% |
| 1993 | 9.99 billion constant 2011 international $ | +1.3% |
| 1994 | 10.35 billion constant 2011 international $ | +3.6% |
| 1995 | 10.36 billion constant 2011 international $ | +0.1% |
| 1996 | 10.83 billion constant 2011 international $ | +4.6% |
| 1997 | 11.46 billion constant 2011 international $ | +5.8% |
| 1998 | 12.30 billion constant 2011 international $ | +7.4% |
| 1999 | 12.80 billion constant 2011 international $ | +4.0% |
| 2000 | 13.43 billion constant 2011 international $ | +5.0% |
| 2001 | 13.97 billion constant 2011 international $ | +4.0% |
| 2002 | 14.05 billion constant 2011 international $ | +0.6% |
| 2003 | 14.35 billion constant 2011 international $ | +2.1% |
| 2004 | 15.47 billion constant 2011 international $ | +7.8% |
| 2005 | 16.42 billion constant 2011 international $ | +6.1% |
| 2006 | 17.46 billion constant 2011 international $ | +6.3% |
| 2007 | 18.93 billion constant 2011 international $ | +8.5% |
| 2008 | 19.35 billion constant 2011 international $ | +2.2% |
| 2009 | 17.87 billion constant 2011 international $ | -7.7% |
| 2010 | 17.36 billion constant 2011 international $ | -2.8% |
| 2011 | 17.68 billion constant 2011 international $ | +1.8% |
| 2012 | 17.87 billion constant 2011 international $ | +1.1% |
| 2013 | 18.68 billion constant 2011 international $ | +4.6% |
| 2014 | 19.00 billion constant 2011 international $ | +1.7% |
| 2015 | 19.84 billion constant 2011 international $ | +4.4% |
| 2016 | 21.09 billion constant 2011 international $ | +6.3% |
| 2017 | 21.98 billion constant 2011 international $ | +4.2% |
| 2018 | 23.05 billion constant 2011 international $ | +4.9% |
| 2019 | 23.48 billion constant 2011 international $ | +1.9% |
| 2020 | 21.85 billion constant 2011 international $ | -6.9% |
| 2021 | 22.95 billion constant 2011 international $ | +5.0% |
| 2022 | 25.01 billion constant 2011 international $ | +9.0% |
| 2023 | 26.42 billion constant 2011 international $ | +5.6% |
| 2024 | 26.56 billion constant 2011 international $ | +0.5% |
Iceland compared with similar countries
- Iceland's 26.56 billion constant 2011 international $ is below the median for high income countries, which is 206.18 billion constant 2011 international $, 13% of the median. (74 countries reporting)
- Iceland's 26.56 billion constant 2011 international $ is below the median for Europe & Central Asia, which is 245.21 billion constant 2011 international $, 11% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.83 billion constant 2011 international $ | 9.86 billion constant 2011 international $ | 12.80 billion constant 2011 international $ | 10 |
| 2000s | 16.13 billion constant 2011 international $ | 13.43 billion constant 2011 international $ | 19.35 billion constant 2011 international $ | 10 |
| 2010s | 20.00 billion constant 2011 international $ | 17.36 billion constant 2011 international $ | 23.48 billion constant 2011 international $ | 10 |
| 2020s | 24.56 billion constant 2011 international $ | 21.85 billion constant 2011 international $ | 26.56 billion constant 2011 international $ | 5 |
Countries ranked near Iceland
- 146 Togo 27.11 billion constant 2011 international $ compare
- 147 Somalia 26.77 billion constant 2011 international $ compare
- 148 Sierra Leone 26.73 billion constant 2011 international $ compare
- 150 Palestine 20.34 billion constant 2011 international $ compare
- 151 Montenegro 17.38 billion constant 2011 international $ compare
- 152 Bahamas 14.54 billion constant 2011 international $ compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is gdp, ppp in Iceland?
- Gdp, ppp in Iceland was 26.56 billion constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp, ppp recorded in Iceland?
- The highest recorded value was 26.56 billion constant 2011 international $ in 2024.
- What is the lowest gdp, ppp recorded in Iceland?
- The lowest recorded value was 9.86 billion constant 2011 international $ in 1992.
- How does Iceland rank for gdp, ppp?
- Iceland ranks 149th out of 198 countries with data for 2024.
- Is gdp, ppp 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, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release