Cyprus vs Iceland: GDP

Cyprus
41.23 billion current US$
in 2025
Iceland
38.58 billion current US$
in 2025
Cyprus rank
105th
Iceland rank
107th

GDP over time

  • Cyprus
  • Iceland
010.0B20.0B30.0B40.0B196019922025

How they compare

Cyprus currently reports 41.23 billion current US$ against 38.58 billion current US$ in Iceland, a difference of 2.64 billion current US$.

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

The two have swapped places 3 times across 51 shared years of data; in 1975 it was Iceland ahead.

Cyprus ranks 105th and Iceland ranks 107th of 214 countries.

Across the 6 decades both report, Cyprus averaged higher in 4 and Iceland in 2.

Head to head by decade

Decade Cyprus Iceland Difference Ahead
1970s 810.72 million current US$ 2.20 billion current US$ 1.39 billion current US$ Iceland
1980s 2.89 billion current US$ 4.14 billion current US$ 1.25 billion current US$ Iceland
1990s 8.25 billion current US$ 7.47 billion current US$ 778.41 million current US$ Cyprus
2000s 18.02 billion current US$ 14.06 billion current US$ 3.95 billion current US$ Cyprus
2010s 24.15 billion current US$ 19.41 billion current US$ 4.75 billion current US$ Cyprus
2020s 33.51 billion current US$ 30.15 billion current US$ 3.36 billion current US$ Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Cyprus or Iceland?
Cyprus, at 41.23 billion current US$ against 38.58 billion current US$ in Iceland as of 2025.
What is the difference in gdp between Cyprus and Iceland?
2.64 billion current US$, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Iceland?
51 years are reported by both, from 1975 to 2025.
How do Cyprus and Iceland rank globally for gdp?
Cyprus ranks 105th and Iceland ranks 107th of 214 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Iceland: GDP. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gdp-current-us/cyprus/iceland/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
262 places, 14,784 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.