Iceland vs Montenegro: Gross domestic product (GDP)
Iceland
16.02 billion international-$ in 2011 prices
in 2022
Montenegro
12.77 billion international-$ in 2011 prices
in 2022
Iceland rank
146th
Montenegro rank
149th
Gross domestic product (GDP) over time
- Iceland
- Montenegro
How they compare
Iceland currently reports 16.02 billion international-$ in 2011 prices against 12.77 billion international-$ in 2011 prices in Montenegro, a difference of 3.25 billion international-$ in 2011 prices.
That makes Iceland's figure about 1.3 times Montenegro's.
Across all 71 years both countries report, Iceland has been ahead every year.
Iceland ranks 146th and Montenegro ranks 149th of 165 countries.
Iceland has averaged higher in every one of the 8 decades both report.
Head to head by decade
| Decade | Iceland | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 1.58 billion international-$ in 2011 prices | 834.91 million international-$ in 2011 prices | 747.68 million international-$ in 2011 prices | Iceland |
| 1960s | 2.49 billion international-$ in 2011 prices | 1.75 billion international-$ in 2011 prices | 742.42 million international-$ in 2011 prices | Iceland |
| 1970s | 4.17 billion international-$ in 2011 prices | 3.07 billion international-$ in 2011 prices | 1.10 billion international-$ in 2011 prices | Iceland |
| 1980s | 6.39 billion international-$ in 2011 prices | 4.34 billion international-$ in 2011 prices | 2.05 billion international-$ in 2011 prices | Iceland |
| 1990s | 7.65 billion international-$ in 2011 prices | 2.91 billion international-$ in 2011 prices | 4.75 billion international-$ in 2011 prices | Iceland |
| 2000s | 10.98 billion international-$ in 2011 prices | 5.80 billion international-$ in 2011 prices | 5.18 billion international-$ in 2011 prices | Iceland |
| 2010s | 13.26 billion international-$ in 2011 prices | 10.64 billion international-$ in 2011 prices | 2.62 billion international-$ in 2011 prices | Iceland |
| 2020s | 15.16 billion international-$ in 2011 prices | 11.80 billion international-$ in 2011 prices | 3.36 billion international-$ in 2011 prices | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Iceland or Montenegro?
- Iceland, at 16.02 billion international-$ in 2011 prices against 12.77 billion international-$ in 2011 prices in Montenegro as of 2022.
- What is the difference in gross domestic product (gdp) between Iceland and Montenegro?
- 3.25 billion international-$ in 2011 prices, with Iceland ahead.
- How many years of comparable data are there for Iceland and Montenegro?
- 71 years are reported by both, from 1952 to 2022.
- How do Iceland and Montenegro rank globally for gross domestic product (gdp)?
- Iceland ranks 146th and Montenegro ranks 149th of 165 countries.
- Where does this data come from?
- Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.