Statizoid

GDP, PPP in Iceland

Iceland: GDP, PPP was 26.56 billion constant 2011 international $ in 2024. β–² Rising

Latest (2024)
26.56 billion constant 2011 international $
Change on year
up 0.5%
World rank
148th
of 196 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

010.0B20.0B30.0B1990200720241990: 10.2B constant 2011 international $1991: 10.2B constant 2011 international $1992: 9.9B constant 2011 international $1993: 10.0B constant 2011 international $1994: 10.3B constant 2011 international $1995: 10.4B constant 2011 international $1996: 10.8B constant 2011 international $1997: 11.5B constant 2011 international $1998: 12.3B constant 2011 international $1999: 12.8B constant 2011 international $2000: 13.4B constant 2011 international $2001: 14.0B constant 2011 international $2002: 14.1B constant 2011 international $2003: 14.4B constant 2011 international $2004: 15.5B constant 2011 international $2005: 16.4B constant 2011 international $2006: 17.5B constant 2011 international $2007: 18.9B constant 2011 international $2008: 19.4B constant 2011 international $2009: 17.9B constant 2011 international $2010: 17.4B constant 2011 international $2011: 17.7B constant 2011 international $2012: 17.9B constant 2011 international $2013: 18.7B constant 2011 international $2014: 19.0B constant 2011 international $2015: 19.8B constant 2011 international $2016: 21.1B constant 2011 international $2017: 22.0B constant 2011 international $2018: 23.1B constant 2011 international $2019: 23.5B constant 2011 international $2020: 21.9B constant 2011 international $2021: 23.0B constant 2011 international $2022: 25.0B constant 2011 international $2023: 26.4B constant 2011 international $2024: 26.6B constant 2011 international $

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 148th out of 196 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 145 Togo 27.11 billion constant 2011 international $ compare
  2. 146 Somalia 26.77 billion constant 2011 international $ compare
  3. 147 Sierra Leone 26.73 billion constant 2011 international $ compare
  4. 149 Palestine 20.34 billion constant 2011 international $ compare
  5. 150 Montenegro 17.38 billion constant 2011 international $ compare
  6. 151 Bahamas 14.54 billion constant 2011 international $ compare

See the full ranking of 198 places β†’

More population data for Iceland

All data for Iceland β†’

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 148th out of 196 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.

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GDP, PPP in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-ppp-constant-2011-international/iceland/

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About this data

Indicator
GDP, PPP (constant 2011 international $)
Unit
constant 2011 international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
198 places, 6,765 data points, 1990–2024
Last refreshed

February 2026 Data Release