Iceland vs Palestine, State of: Gross domestic product (GDP)
Iceland
26.71 billion international-$ in 2021 prices
in 2025
Palestine, State of
23.13 billion international-$ in 2021 prices
in 2025
Iceland rank
149th
Palestine, State of rank
150th
Gross domestic product (GDP) over time
- Iceland
- Palestine, State of
How they compare
Iceland currently reports 26.71 billion international-$ in 2021 prices against 23.13 billion international-$ in 2021 prices in Palestine, State of, a difference of 3.58 billion international-$ in 2021 prices.
That makes Iceland's figure about 1.2 times Palestine, State of's.
The two have swapped places 4 times across 32 shared years of data; in 1994 it was Iceland ahead.
Iceland ranks 149th and Palestine, State of ranks 150th of 198 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Palestine, State of in 2.
Head to head by decade
| Decade | Iceland | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.07 billion international-$ in 2021 prices | 11.51 billion international-$ in 2021 prices | 554.67 million international-$ in 2021 prices | Iceland |
| 2000s | 16.95 billion international-$ in 2021 prices | 14.85 billion international-$ in 2021 prices | 2.10 billion international-$ in 2021 prices | Iceland |
| 2010s | 20.63 billion international-$ in 2021 prices | 25.82 billion international-$ in 2021 prices | 5.19 billion international-$ in 2021 prices | Palestine, State of |
| 2020s | 25.13 billion international-$ in 2021 prices | 26.16 billion international-$ in 2021 prices | 1.03 billion international-$ in 2021 prices | Palestine, State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Iceland or Palestine, State of?
- Iceland, at 26.71 billion international-$ in 2021 prices against 23.13 billion international-$ in 2021 prices in Palestine, State of as of 2025.
- What is the difference in gross domestic product (gdp) between Iceland and Palestine, State of?
- 3.58 billion international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Iceland and Palestine, State of?
- 32 years are reported by both, from 1994 to 2025.
- How do Iceland and Palestine, State of rank globally for gross domestic product (gdp)?
- Iceland ranks 149th and Palestine, State of ranks 150th of 198 countries.
- Where does this data come from?
- Eurostat, OECD, IMF, and World Bank (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 for inflation and differences in living costs between countries.