Iceland vs Trinidad and Tobago: Gross Domestic Product — Value US$, 2015 prices
Gross Domestic Product — Value US$, 2015 prices over time
- Iceland
- Trinidad and Tobago
How they compare
Iceland currently reports 23,366 million USD against 22,139 million USD in Trinidad and Tobago, a difference of 1,227 million USD.
That makes Iceland's figure about 1.1 times Trinidad and Tobago's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Trinidad and Tobago ahead.
Iceland ranks 110th and Trinidad and Tobago ranks 112th of 203 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Trinidad and Tobago in 5.
Head to head by decade
| Decade | Iceland | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5,128 million USD | 8,236 million USD | 3,108 million USD | Trinidad and Tobago |
| 1980s | 7,871 million USD | 10,498 million USD | 2,627 million USD | Trinidad and Tobago |
| 1990s | 9,566 million USD | 10,213 million USD | 647.79 million USD | Trinidad and Tobago |
| 2000s | 14,241 million USD | 19,920 million USD | 5,679 million USD | Trinidad and Tobago |
| 2010s | 17,660 million USD | 25,033 million USD | 7,372 million USD | Trinidad and Tobago |
| 2020s | 21,668 million USD | 21,615 million USD | 53 million USD | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, 2015 prices, Iceland or Trinidad and Tobago?
- Iceland, at 23,366 million USD against 22,139 million USD in Trinidad and Tobago as of 2024.
- What is the difference in gross domestic product — value us$, 2015 prices between Iceland and Trinidad and Tobago?
- 1,227 million USD, with Iceland ahead.
- How many years of comparable data are there for Iceland and Trinidad and Tobago?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Trinidad and Tobago rank globally for gross domestic product — value us$, 2015 prices?
- Iceland ranks 110th and Trinidad and Tobago ranks 112th of 203 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Domestic Product — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).