Georgia vs Iceland: Gross domestic product (GDP) (National statistical)
Georgia
27.07 billion constant 2015 US$
in 2025
Iceland
23.12 billion constant 2015 US$
in 2025
Georgia rank
113th
Iceland rank
116th
Gross domestic product (GDP) (National statistical) over time
- Georgia
- Iceland
How they compare
Georgia currently reports 27.07 billion constant 2015 US$ against 23.12 billion constant 2015 US$ in Iceland, a difference of 3.95 billion constant 2015 US$.
That makes Georgia's figure about 1.2 times Iceland's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Georgia ahead.
Georgia ranks 113th and Iceland ranks 116th of 209 countries.
Across the 7 decades both report, Georgia averaged higher in 4 and Iceland in 3.
Head to head by decade
| Decade | Georgia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 6.86 billion constant 2015 US$ | 3.23 billion constant 2015 US$ | 3.64 billion constant 2015 US$ | Georgia |
| 1970s | 12.71 billion constant 2015 US$ | 5.40 billion constant 2015 US$ | 7.31 billion constant 2015 US$ | Georgia |
| 1980s | 19.94 billion constant 2015 US$ | 8.29 billion constant 2015 US$ | 11.65 billion constant 2015 US$ | Georgia |
| 1990s | 7.60 billion constant 2015 US$ | 10.01 billion constant 2015 US$ | 2.41 billion constant 2015 US$ | Iceland |
| 2000s | 8.87 billion constant 2015 US$ | 14.67 billion constant 2015 US$ | 5.79 billion constant 2015 US$ | Iceland |
| 2010s | 15.03 billion constant 2015 US$ | 17.86 billion constant 2015 US$ | 2.83 billion constant 2015 US$ | Iceland |
| 2020s | 22.18 billion constant 2015 US$ | 21.75 billion constant 2015 US$ | 421.33 million constant 2015 US$ | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Georgia or Iceland?
- Georgia, at 27.07 billion constant 2015 US$ against 23.12 billion constant 2015 US$ in Iceland as of 2025.
- What is the difference in gross domestic product (gdp) between Georgia and Iceland?
- 3.95 billion constant 2015 US$, with Georgia ahead.
- How many years of comparable data are there for Georgia and Iceland?
- 66 years are reported by both, from 1960 to 2025.
- How do Georgia and Iceland rank globally for gross domestic product (gdp)?
- Georgia ranks 113th and Iceland ranks 116th of 209 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) β with minor 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 by inflation but _does not_ account for differences in living costs between countries.