Iceland vs Montenegro: Gross Domestic Product, GDP in millions constant 2021 international $

Iceland
27,776
in 2027
Montenegro
19,421
in 2027
Iceland rank
156th
Montenegro rank
157th

Gross Domestic Product, GDP in millions constant 2021 international $ over time

  • Iceland
  • Montenegro
10.0k15.0k20.0k25.0k30.0k199120092027

How they compare

Iceland currently reports 27,776 against 19,421 in Montenegro, a difference of 8,355.

That makes Iceland's figure about 1.4 times Montenegro's.

Across all 37 years both countries report, Iceland has been ahead every year.

Iceland ranks 156th and Montenegro ranks 157th of 188 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Montenegro Difference Ahead
1990s 10,903 8,548 2,355 Iceland
2000s 16,131 10,216 5,915 Iceland
2010s 20,004 13,353 6,651 Iceland
2020s 25,499 16,965 8,534 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product, gdp in millions constant 2021 international $, Iceland or Montenegro?
Iceland, at 27,776 against 19,421 in Montenegro as of 2027.
What is the difference in gross domestic product, gdp in millions constant 2021 international $ between Iceland and Montenegro?
8,355, with Iceland ahead.
How many years of comparable data are there for Iceland and Montenegro?
37 years are reported by both, from 1991 to 2027.
How do Iceland and Montenegro rank globally for gross domestic product, gdp in millions constant 2021 international $?
Iceland ranks 156th and Montenegro ranks 157th of 188 countries.
Where does this data come from?
International Labour Organization, published as Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Montenegro: Gross Domestic Product, GDP in millions constant 2021 international $. Statizoid, drawing on International Labour Organization. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled/iceland/montenegro/

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About this data

Indicator
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.