GDP at purchasing power parity — all countries

GDP at purchasing power parity — Iceland

GDP at purchasing power parity in Iceland in 2025 — 32,738,741,762 int$. Ranked 143 in the world out of 185. Since 1990, the indicator has risen by 464.6%.

2025 32.74B int$ +1.37% vs 2024
World rank 143of 185
Period maximum 32.74B int$2025
Period minimum 5.8B int$1990

Trend over time

1990–2025 · international $

GDP at purchasing power parity — Iceland, 1990–2025010B20B30B40B19901994199820022006201020142018202220251990: 5,798,192,233 int$1991: 5,980,877,371 int$1992: 5,910,786,030 int$1993: 6,130,366,163 int$1994: 6,487,221,791 int$1995: 6,630,960,073 int$1996: 6,896,451,482 int$1997: 7,428,006,895 int$1998: 7,995,474,262 int$1999: 8,313,343,970 int$2000: 8,483,162,570 int$2001: 9,183,067,946 int$2002: 9,473,694,741 int$2003: 9,578,543,129 int$2004: 10,505,774,161 int$2005: 11,267,764,951 int$2006: 12,200,041,222 int$2007: 13,104,618,871 int$2008: 14,012,995,372 int$2009: 13,399,209,246 int$2010: 12,804,348,462 int$2011: 13,207,330,385 int$2012: 13,647,066,326 int$2013: 14,484,592,270 int$2014: 15,214,277,139 int$2015: 16,446,744,815 int$2016: 18,190,080,365 int$2017: 19,362,623,766 int$2018: 20,495,061,193 int$2019: 22,091,742,447 int$2020: 20,830,028,967 int$2021: 23,364,749,318 int$2022: 29,258,503,368 int$2023: 31,723,299,259 int$2024: 32,296,993,856 int$2025: 32,738,741,762 int$
Change over the period: +26.94B (+464.64%) Average annual rate: 5.07 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 32.74B int$
World 211T int$
Europe & Central Asia 50.48T int$
Northern Europe computed 7.92T int$
High-income countries computed 95.96T int$
GDP at purchasing power parity — Iceland, by year Iceland All countries CSV XLSX
Year int$ Change Change, %
2025 32.74B +442M +1.37%
2024 32.3B +574M +1.81%
2023 31.72B +2.46B +8.42%
2022 29.26B +5.89B +25.22%
2021 23.36B +2.53B +12.17%
2020 20.83B −1.26B −5.71%
2019 22.09B +1.6B +7.79%
2018 20.5B +1.13B +5.85%
2017 19.36B +1.17B +6.45%
2016 18.19B +1.74B +10.6%
2015 16.45B +1.23B +8.1%
2014 15.21B +730M +5.04%
2013 14.48B +838M +6.14%
2012 13.65B +440M +3.33%
2011 13.21B +403M +3.15%
2010 12.8B −595M −4.44%
2009 13.4B −614M −4.38%
2008 14.01B +908M +6.93%
2007 13.1B +905M +7.41%
2006 12.2B +932M +8.27%
2005 11.27B +762M +7.25%
2004 10.51B +927M +9.68%
2003 9.58B +105M +1.11%
2002 9.47B +291M +3.16%
2001 9.18B +700M +8.25%
2000 8.48B +170M +2.04%
1999 8.31B +318M +3.98%
1998 8B +567M +7.64%
1997 7.43B +532M +7.71%
1996 6.9B +265M +4%
1995 6.63B +144M +2.22%
1994 6.49B +357M +5.82%
1993 6.13B +220M +3.71%
1992 5.91B −70.09M −1.17%
1991 5.98B +183M +3.15%
1990 5.8B

About the indicator

GDP converted at purchasing power parity into international dollars: one international dollar buys as much inside the country as one US dollar buys in the United States. The conversion removes the distortion from exchange rates and price levels, which is why developing economies look larger at PPP than they do in nominal terms.

Important: PPP conversion factors are estimated in the rounds of the International Comparison Program (ICP) and are revised retrospectively from time to time.

Source: World Development Indicators (World Bank), license CC BY 4.0.