Iceland vs Saudi Arabia: GDP

Iceland
3.56 trillion
in 2024
Saudi Arabia
4.66 trillion
in 2024
Iceland rank
17th
Saudi Arabia rank
14th

GDP over time

  • Iceland
  • Saudi Arabia
01.0T2.0T3.0T4.0T5.0T196019922024

How they compare

Saudi Arabia currently reports 4.66 trillion against 3.56 trillion in Iceland, a difference of 1.10 trillion.

That makes Saudi Arabia's figure about 1.3 times Iceland's.

The two have swapped places 7 times across 65 shared years of data; in 1960 it was Iceland ahead.

Iceland ranks 17th and Saudi Arabia ranks 14th of 74 countries.

Across the 7 decades both report, Iceland averaged higher in 2 and Saudi Arabia in 5.

Head to head by decade

Decade Iceland Saudi Arabia Difference Ahead
1960s 500.90 billion 329.82 billion 171.08 billion Iceland
1970s 838.24 billion 1.27 trillion 435.45 billion Saudi Arabia
1980s 1.29 trillion 1.46 trillion 177.70 billion Saudi Arabia
1990s 1.55 trillion 1.69 trillion 132.11 billion Saudi Arabia
2000s 2.28 trillion 2.27 trillion 11.18 billion Iceland
2010s 2.77 trillion 3.50 trillion 731.95 billion Saudi Arabia
2020s 3.34 trillion 4.33 trillion 991.05 billion Saudi Arabia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Iceland or Saudi Arabia?
Saudi Arabia, at 4.66 trillion against 3.56 trillion in Iceland as of 2024.
What is the difference in gdp between Iceland and Saudi Arabia?
1.10 trillion, with Saudi Arabia ahead.
How many years of comparable data are there for Iceland and Saudi Arabia?
65 years are reported by both, from 1960 to 2024.
How do Iceland and Saudi Arabia rank globally for gdp?
Iceland ranks 17th and Saudi Arabia ranks 14th of 74 countries.
Where does this data come from?
UNICEF, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Saudi Arabia: GDP. Statizoid, drawing on UNICEF. Retrieved 23 August 2026, from https://economy.statizoid.com/compare/gdp-constant-lcu-3/iceland/saudi-arabia/

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About this data

Indicator
GDP (constant LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,684 data points, 1960–2024
Last refreshed