Ethiopia vs Iceland: GDP

Ethiopia
2.95 trillion constant LCU
in 2025
Iceland
3.59 trillion constant LCU
in 2025
Ethiopia rank
67th
Iceland rank
65th

GDP over time

  • Ethiopia
  • Iceland
01.0T2.0T3.0T4.0T196019922025

How they compare

Iceland currently reports 3.59 trillion constant LCU against 2.95 trillion constant LCU in Ethiopia, a difference of 632.80 billion constant LCU.

That makes Iceland's figure about 1.2 times Ethiopia's.

Across all 65 years both countries report, Iceland has been ahead every year.

Ethiopia ranks 67th and Iceland ranks 65th of 214 countries.

Iceland has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
1960s 141.51 billion constant LCU 513.50 billion constant LCU 371.99 billion constant LCU Iceland
1970s 201.92 billion constant LCU 838.24 billion constant LCU 636.32 billion constant LCU Iceland
1980s 257.68 billion constant LCU 1.29 trillion constant LCU 1.03 trillion constant LCU Iceland
1990s 310.71 billion constant LCU 1.55 trillion constant LCU 1.24 trillion constant LCU Iceland
2000s 537.07 billion constant LCU 2.28 trillion constant LCU 1.74 trillion constant LCU Iceland
2010s 1.39 trillion constant LCU 2.77 trillion constant LCU 1.38 trillion constant LCU Iceland
2020s 2.47 trillion constant LCU 3.38 trillion constant LCU 904.21 billion constant LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Ethiopia or Iceland?
Iceland, at 3.59 trillion constant LCU against 2.95 trillion constant LCU in Ethiopia as of 2025.
What is the difference in gdp between Ethiopia and Iceland?
632.80 billion constant LCU, with Iceland ahead.
How many years of comparable data are there for Ethiopia and Iceland?
65 years are reported by both, from 1961 to 2025.
How do Ethiopia and Iceland rank globally for gdp?
Ethiopia ranks 67th and Iceland ranks 65th of 214 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Iceland: GDP. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 August 2026, from https://economy.statizoid.com/compare/gdp-constant-lcu/ethiopia/iceland/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.