GDP, PPP (current international $) (UNESCO Institute) in Iceland
Iceland: GDP, PPP (current international $) (UNESCO Institute) was 31.66 billion current international $ in 2024. ◆ Volatile
Latest (2024)
31.66 billion current international $
Change on year
up 5.0%
World rank
148th
of 202 countries
All-time high
31.66 billion current international $
in 2024
All-time low
5.60 billion current international $
in 1990
Years of data
35
1990–2024
GDP, PPP in Iceland, 1990–2024
Source: UNESCO Institute for Statistics. Measured in current international $.
Analysis
In 2024, gdp, ppp in Iceland stood at 31.66 billion current international $. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 110.3% over ten years.
Over the whole period, gdp, ppp in Iceland peaked at 31.66 billion current international $ in 2024 and was at its lowest, 5.60 billion current international $, in 1990.
Iceland ranks 148th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP, PPP (current international $) (UNESCO Institute) in Iceland, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 5.60 billion current international $ | — |
| 1991 | 5.78 billion current international $ | +3.2% |
| 1992 | 5.71 billion current international $ | -1.2% |
| 1993 | 5.92 billion current international $ | +3.7% |
| 1994 | 6.26 billion current international $ | +5.8% |
| 1995 | 6.40 billion current international $ | +2.2% |
| 1996 | 6.66 billion current international $ | +4.0% |
| 1997 | 7.28 billion current international $ | +9.4% |
| 1998 | 7.87 billion current international $ | +8.0% |
| 1999 | 8.20 billion current international $ | +4.2% |
| 2000 | 8.38 billion current international $ | +2.2% |
| 2001 | 9.09 billion current international $ | +8.5% |
| 2002 | 9.38 billion current international $ | +3.2% |
| 2003 | 9.47 billion current international $ | +1.0% |
| 2004 | 10.40 billion current international $ | +9.9% |
| 2005 | 11.07 billion current international $ | +6.5% |
| 2006 | 12.06 billion current international $ | +8.9% |
| 2007 | 12.92 billion current international $ | +7.1% |
| 2008 | 13.88 billion current international $ | +7.4% |
| 2009 | 13.33 billion current international $ | -3.9% |
| 2010 | 12.65 billion current international $ | -5.1% |
| 2011 | 13.06 billion current international $ | +3.3% |
| 2012 | 13.47 billion current international $ | +3.2% |
| 2013 | 14.38 billion current international $ | +6.7% |
| 2014 | 15.06 billion current international $ | +4.7% |
| 2015 | 16.28 billion current international $ | +8.1% |
| 2016 | 17.94 billion current international $ | +10.2% |
| 2017 | 19.11 billion current international $ | +6.5% |
| 2018 | 20.17 billion current international $ | +5.6% |
| 2019 | 21.82 billion current international $ | +8.2% |
| 2020 | 20.45 billion current international $ | -6.3% |
| 2021 | 22.95 billion current international $ | +12.2% |
| 2022 | 28.05 billion current international $ | +22.2% |
| 2023 | 30.16 billion current international $ | +7.5% |
| 2024 | 31.66 billion current international $ | +5.0% |
Iceland compared with similar countries
- Iceland's 31.66 billion current international $ is below the median for high income countries, which is 237.93 billion current international $, 13% of the median. (74 countries reporting)
- Iceland's 31.66 billion current international $ is below the median for Europe & Central Asia, which is 283.12 billion current international $, 11% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.57 billion current international $ | 5.60 billion current international $ | 8.20 billion current international $ | 10 |
| 2000s | 11.00 billion current international $ | 8.38 billion current international $ | 13.88 billion current international $ | 10 |
| 2010s | 16.39 billion current international $ | 12.65 billion current international $ | 21.82 billion current international $ | 10 |
| 2020s | 26.65 billion current international $ | 20.45 billion current international $ | 31.66 billion current international $ | 5 |
Countries ranked near Iceland
- 145 Namibia 35.41 billion current international $ compare
- 146 Equatorial Guinea 33.25 billion current international $ compare
- 147 Jamaica 33.11 billion current international $ compare
- 149 Togo 30.82 billion current international $ compare
- 150 Somalia 30.43 billion current international $ compare
- 151 Sierra Leone 30.38 billion current 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 31.66 billion current international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp, ppp recorded in Iceland?
- The highest recorded value was 31.66 billion current international $ in 2024.
- What is the lowest gdp, ppp recorded in Iceland?
- The lowest recorded value was 5.60 billion current international $ in 1990.
- How does Iceland rank for gdp, ppp?
- Iceland ranks 148th out of 202 countries with data for 2024.
- Is gdp, ppp rising or falling in Iceland?
- Over the last ten years it is up 110.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP, PPP (current 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