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Iceland: GDP (current US$, billions), 1990–2025

Value in 202538.6
Change since 2015+118.0%17.7 (2015)
World rank105 / 1862025
Rank in region39 / 50Europe & Central Asia
World118,350.2World Bank aggregate

Trend and comparison

Iceland GDP (current US$, billions)5.66278.22150.819901995200020052010201520202025
IcelandWorld median (countries)Europe & Central Asia median

Neighbours in the 2025 ranking

Values and rank by year

YearGDP (current US$, billions)vs prior yearWorld rank
202538.6+16.3%105 / 186
202433.2+4.7%108 / 200
202331.7+8.7%107 / 204
202229.2+11.2%107 / 209
202126.2+19.1%108 / 210
202022.0-11.8%111 / 210
201925.0-6.3%108 / 211
201826.7+6.5%105 / 211
201725.1+18.9%108 / 211
201621.1+19.1%109 / 211
201517.7-1.9%115 / 212
201418.1+11.1%120 / 213
201316.2+8.7%125 / 212
201214.9-2.9%124 / 212
201115.4+10.6%123 / 214
201013.9+5.4%119 / 213
200913.2-27.6%113 / 213
200818.2-16.9%107 / 211
200722.0+24.3%93 / 210
200617.7+3.1%96 / 210
200517.1+22.8%89 / 209
200414.0+20.7%89 / 209
200311.6+22.8%92 / 209
20029.4+13.1%96 / 209
20018.3-8.9%98 / 205
20009.1+0.4%92 / 204
19999.1+5.4%91 / 202
19988.6+11.9%93 / 202
19977.7+0.4%97 / 201
19967.7+4.3%94 / 199
19957.4+11.5%95 / 199
19946.6+2.7%91 / 196
19936.4-12.2%92 / 195
19927.3+2.5%88 / 194
19917.2+6.8%89 / 193
19906.7–91 / 192

Compare Iceland with Japan →

For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.