GDP, PPP (current international $), per unit of GDP in Iceland
Iceland: GDP, PPP (current international $), per unit of GDP was 0.8485 current international $ per US$ of GDP in 2025. ▬ Flat
Latest (2025)
0.8485 current international $ per US$ of GDP
Change on year
down 12.8%
World rank
203rd
of 204 countries
All-time high
1.1 current international $ per US$ of GDP
in 2001
All-time low
0.5967 current international $ per US$ of GDP
in 2007
Years of data
36
1990–2025
GDP, PPP (current international $), per unit of GDP in Iceland, 1990–2025
Source: Statizoid (derived). Measured in current international $ per US$ of GDP.
Analysis
The most recent figure for gdp, ppp (current international $), per unit of gdp in Iceland is 0.8485 current international $ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 12.8% on the previous year and down 8.7% over ten years.
Over the whole period, gdp, ppp (current international $), per unit of gdp in Iceland peaked at 1.1 current international $ per US$ of GDP in 2001 and was at its lowest, 0.5967 current international $ per US$ of GDP, in 2007.
Iceland ranks 203rd of 204 countries on this measure, in the bottom quarter.
GDP, PPP (current international $), per unit of GDP in Iceland, year by year
| Year | current international $ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.8661 current international $ per US$ of GDP | — |
| 1991 | 0.8363 current international $ per US$ of GDP | -3.4% |
| 1992 | 0.8065 current international $ per US$ of GDP | -3.6% |
| 1993 | 0.9525 current international $ per US$ of GDP | +18.1% |
| 1994 | 0.981 current international $ per US$ of GDP | +3.0% |
| 1995 | 0.8994 current international $ per US$ of GDP | -8.3% |
| 1996 | 0.8972 current international $ per US$ of GDP | -0.2% |
| 1997 | 0.9626 current international $ per US$ of GDP | +7.3% |
| 1998 | 0.9256 current international $ per US$ of GDP | -3.8% |
| 1999 | 0.9128 current international $ per US$ of GDP | -1.4% |
| 2000 | 0.9281 current international $ per US$ of GDP | +1.7% |
| 2001 | 1.1 current international $ per US$ of GDP | +18.9% |
| 2002 | 1.01 current international $ per US$ of GDP | -8.8% |
| 2003 | 0.8283 current international $ per US$ of GDP | -17.7% |
| 2004 | 0.7524 current international $ per US$ of GDP | -9.2% |
| 2005 | 0.6572 current international $ per US$ of GDP | -12.7% |
| 2006 | 0.6904 current international $ per US$ of GDP | +5.1% |
| 2007 | 0.5967 current international $ per US$ of GDP | -13.6% |
| 2008 | 0.7679 current international $ per US$ of GDP | +28.7% |
| 2009 | 1.01 current international $ per US$ of GDP | +32.1% |
| 2010 | 0.9197 current international $ per US$ of GDP | -9.3% |
| 2011 | 0.858 current international $ per US$ of GDP | -6.7% |
| 2012 | 0.9132 current international $ per US$ of GDP | +6.4% |
| 2013 | 0.8917 current international $ per US$ of GDP | -2.4% |
| 2014 | 0.8428 current international $ per US$ of GDP | -5.5% |
| 2015 | 0.9292 current international $ per US$ of GDP | +10.2% |
| 2016 | 0.8628 current international $ per US$ of GDP | -7.1% |
| 2017 | 0.7726 current international $ per US$ of GDP | -10.4% |
| 2018 | 0.7682 current international $ per US$ of GDP | -0.6% |
| 2019 | 0.8842 current international $ per US$ of GDP | +15.1% |
| 2020 | 0.9453 current international $ per US$ of GDP | +6.9% |
| 2021 | 0.8906 current international $ per US$ of GDP | -5.8% |
| 2022 | 1 current international $ per US$ of GDP | +12.6% |
| 2023 | 1 current international $ per US$ of GDP | -0.2% |
| 2024 | 0.9732 current international $ per US$ of GDP | -2.7% |
| 2025 | 0.8485 current international $ per US$ of GDP | -12.8% |
Iceland compared with similar countries
- Iceland's 0.8485 current international $ per US$ of GDP is below the median for high income countries, which is 1.45 current international $ per US$ of GDP, 58% of the median. (74 countries reporting)
- Iceland's 0.8485 current international $ per US$ of GDP is below the median for Europe & Central Asia, which is 1.72 current international $ per US$ of GDP, 49% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.904 current international $ per US$ of GDP | 0.8065 current international $ per US$ of GDP | 0.981 current international $ per US$ of GDP | 10 |
| 2000s | 0.8344 current international $ per US$ of GDP | 0.5967 current international $ per US$ of GDP | 1.1 current international $ per US$ of GDP | 10 |
| 2010s | 0.8642 current international $ per US$ of GDP | 0.7682 current international $ per US$ of GDP | 0.9292 current international $ per US$ of GDP | 10 |
| 2020s | 0.9435 current international $ per US$ of GDP | 0.8485 current international $ per US$ of GDP | 1 current international $ per US$ of GDP | 6 |
Countries ranked near Iceland
- 200 Barbados 0.9129 current international $ per US$ of GDP compare
- 201 Switzerland 0.8932 current international $ per US$ of GDP compare
- 202 Cayman Islands 0.8841 current international $ per US$ of GDP compare
- 204 Bermuda 0.8346 current international $ per US$ of GDP compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gdp, ppp (current international $), per unit of gdp in Iceland?
- Gdp, ppp (current international $), per unit of gdp in Iceland was 0.8485 current international $ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gdp, ppp (current international $), per unit of gdp recorded in Iceland?
- The highest recorded value was 1.1 current international $ per US$ of GDP in 2001.
- What is the lowest gdp, ppp (current international $), per unit of gdp recorded in Iceland?
- The lowest recorded value was 0.5967 current international $ per US$ of GDP in 2007.
- How does Iceland rank for gdp, ppp (current international $), per unit of gdp?
- Iceland ranks 203rd out of 204 countries with data for 2025.
- Is gdp, ppp (current international $), per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of GDP, PPP (current international $), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP, PPP (current international $) ÷ GDP (current US$)
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.