Germany vs Iceland: GDP

Germany
4.33 trillion
in 2024
Iceland
4.59 trillion
in 2024
Germany rank
22nd
Iceland rank
21st

GDP over time

  • Germany
  • Iceland
01.0T2.0T3.0T4.0T5.0T196019922024

How they compare

Iceland currently reports 4.59 trillion against 4.33 trillion in Germany, a difference of 258.85 billion.

That makes Iceland's figure about 1.1 times Germany's.

The two have swapped places 1 time across 65 shared years of data; in 1960 it was Germany ahead.

Germany ranks 22nd and Iceland ranks 21st of 74 countries.

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

Head to head by decade

Decade Germany Iceland Difference Ahead
1960s 262.31 billion 218.19 million 262.09 billion Germany
1970s 608.24 billion 3.19 billion 605.05 billion Germany
1980s 1.09 trillion 137.46 billion 955.85 billion Germany
1990s 1.83 trillion 493.84 billion 1.33 trillion Germany
2000s 2.35 trillion 1.12 trillion 1.22 trillion Germany
2010s 3.06 trillion 2.30 trillion 763.81 billion Germany
2020s 3.93 trillion 3.84 trillion 90.41 billion Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Germany or Iceland?
Iceland, at 4.59 trillion against 4.33 trillion in Germany as of 2024.
What is the difference in gdp between Germany and Iceland?
258.85 billion, with Iceland ahead.
How many years of comparable data are there for Germany and Iceland?
65 years are reported by both, from 1960 to 2024.
How do Germany and Iceland rank globally for gdp?
Germany ranks 22nd and Iceland ranks 21st of 74 countries.
Where does this data come from?
UNICEF, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Iceland: GDP. Statizoid, drawing on UNICEF. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/gdp-current-lcu-3/germany/iceland/

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About this data

Indicator
GDP (current LCU)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
74 places, 3,784 data points, 1960–2024
Last refreshed