Gdp worldbank in Iceland
Iceland: Gdp worldbank was 26.71 billion in 2025. ▲ Rising
Latest (2025)
26.71 billion
Change on year
up 1.3%
World rank
149th
of 198 countries
All-time high
26.71 billion
in 2023
All-time low
10.59 billion
in 1992
Years of data
36
1990–2025
Gdp worldbank in Iceland, 1990–2025
Source: Our World in Data.
Analysis
Iceland recorded 26.71 billion for gdp worldbank in 2025.
The figure is up 1.3% on the previous year and up 30.6% over ten years.
Over the whole period, gdp worldbank in Iceland peaked at 26.71 billion in 2023 and was at its lowest, 10.59 billion, in 1992.
Iceland ranks 149th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gdp worldbank in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 10.98 billion | — |
| 1991 | 10.96 billion | -0.2% |
| 1992 | 10.59 billion | -3.4% |
| 1993 | 10.73 billion | +1.3% |
| 1994 | 11.11 billion | +3.6% |
| 1995 | 11.13 billion | +0.1% |
| 1996 | 11.63 billion | +4.5% |
| 1997 | 12.11 billion | +4.1% |
| 1998 | 12.96 billion | +7.0% |
| 1999 | 13.46 billion | +3.9% |
| 2000 | 14.12 billion | +4.9% |
| 2001 | 14.67 billion | +3.8% |
| 2002 | 14.75 billion | +0.5% |
| 2003 | 15.08 billion | +2.3% |
| 2004 | 16.23 billion | +7.6% |
| 2005 | 17.37 billion | +7.0% |
| 2006 | 18.36 billion | +5.7% |
| 2007 | 19.96 billion | +8.7% |
| 2008 | 20.30 billion | +1.7% |
| 2009 | 18.61 billion | -8.3% |
| 2010 | 18.20 billion | -2.2% |
| 2011 | 18.45 billion | +1.4% |
| 2012 | 18.67 billion | +1.2% |
| 2013 | 19.34 billion | +3.6% |
| 2014 | 19.71 billion | +1.9% |
| 2015 | 20.45 billion | +3.8% |
| 2016 | 21.72 billion | +6.2% |
| 2017 | 22.48 billion | +3.5% |
| 2018 | 23.53 billion | +4.7% |
| 2019 | 23.80 billion | +1.1% |
| 2020 | 22.21 billion | -6.6% |
| 2021 | 23.36 billion | +5.2% |
| 2022 | 25.43 billion | +8.9% |
| 2023 | 26.71 billion | +5.0% |
| 2024 | 26.37 billion | -1.3% |
| 2025 | 26.71 billion | +1.3% |
Iceland compared with similar countries
- Iceland's 26.71 billion is below the median for high income countries, which is 209.44 billion, 13% of the median. (74 countries reporting)
- Iceland's 26.71 billion is below the median for Europe & Central Asia, which is 249.10 billion, 11% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.57 billion | 10.59 billion | 13.46 billion | 10 |
| 2000s | 16.95 billion | 14.12 billion | 20.30 billion | 10 |
| 2010s | 20.63 billion | 18.20 billion | 23.80 billion | 10 |
| 2020s | 25.13 billion | 22.21 billion | 26.71 billion | 6 |
Countries ranked near Iceland
- 146 Sierra Leone 28.01 billion compare
- 147 Somalia 27.59 billion compare
- 148 Equatorial Guinea 26.72 billion compare
- 150 Palestine 23.13 billion compare
- 151 Montenegro 18.01 billion compare
- 152 Burundi 15.35 billion compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gdp worldbank in Iceland?
- Gdp worldbank in Iceland was 26.71 billion in 2025, according to Our World in Data.
- What is the highest gdp worldbank recorded in Iceland?
- The highest recorded value was 26.71 billion in 2023.
- What is the lowest gdp worldbank recorded in Iceland?
- The lowest recorded value was 10.59 billion in 1992.
- How does Iceland rank for gdp worldbank?
- Iceland ranks 149th out of 198 countries with data for 2025.
- Is gdp worldbank rising or falling in Iceland?
- Over the last ten years it is up 30.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Gdp worldbank. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (Our World in Data).