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Share of world GDP — all countries

Share of world GDP — Iceland

Share of world GDP in Iceland in 2031 — 0.014%. Ranked 145 in the world out of 189. Since 1980, the indicator has fallen by 0.007 pp.

2031 0.014% +0 pp vs 2030
World rank 145of 189
Period maximum 0.023%1987
Period minimum 0.014%2029

Trend over time

1980–2031 · % of world GDP

Share of world GDP — Iceland, 1980–20310.0130.0150.0180.020.0230.02519801986199219982004201020162022202820311980: 0.021%1981: 0.022%1982: 0.022%1983: 0.021%1984: 0.021%1985: 0.021%1986: 0.022%1987: 0.023%1988: 0.022%1989: 0.021%1990: 0.02%1991: 0.02%1992: 0.017%1993: 0.017%1994: 0.017%1995: 0.017%1996: 0.017%1997: 0.017%1998: 0.018%1999: 0.018%2000: 0.018%2001: 0.018%2002: 0.017%2003: 0.017%2004: 0.018%2005: 0.018%2006: 0.018%2007: 0.019%2008: 0.019%2009: 0.017%2010: 0.016%2011: 0.016%2012: 0.015%2013: 0.015%2014: 0.015%2015: 0.015%2016: 0.016%2017: 0.016%2018: 0.015%2019: 0.016%2020: 0.015%2021: 0.015%2022: 0.016%2023: 0.016%2024: 0.015%2025: 0.015%2026: 0.015%2027: 0.015%2028: 0.015%2029: 0.014%2030: 0.014%2031: 0.014%
Change over the period: −0.007 pp Annual average: 0 pp

Comparison, 2031

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

Iceland 0.014%
World computed 99.592%
Europe & Central Asia computed 22.063%
Northern Europe computed 3.501%
High-income countries computed 43.63%
Share of world GDP — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2031 0.014 +0 pp
2030 0.014 +0 pp
2029 0.014 −0.001 pp
2028 0.015 +0 pp
2027 0.015 +0 pp
2026 0.015 +0 pp
2025 0.015 +0 pp
2024 0.015 −0.001 pp
2023 0.016 +0 pp
2022 0.016 +0.001 pp
2021 0.015 +0 pp
2020 0.015 −0.001 pp
2019 0.016 +0.001 pp
2018 0.015 −0.001 pp
2017 0.016 +0 pp
2016 0.016 +0.001 pp
2015 0.015 +0 pp
2014 0.015 +0 pp
2013 0.015 +0 pp
2012 0.015 −0.001 pp
2011 0.016 +0 pp
2010 0.016 −0.001 pp
2009 0.017 −0.002 pp
2008 0.019 +0 pp
2007 0.019 +0.001 pp
2006 0.018 +0 pp
2005 0.018 +0 pp
2004 0.018 +0.001 pp
2003 0.017 +0 pp
2002 0.017 −0.001 pp
2001 0.018 +0 pp
2000 0.018 +0 pp
1999 0.018 +0 pp
1998 0.018 +0.001 pp
1997 0.017 +0 pp
1996 0.017 +0 pp
1995 0.017 +0 pp
1994 0.017 +0 pp
1993 0.017 +0 pp
1992 0.017 −0.003 pp
1991 0.02 +0 pp
1990 0.02 −0.001 pp
1989 0.021 −0.001 pp
1988 0.022 −0.001 pp
1987 0.023 +0.001 pp
1986 0.022 +0.001 pp
1985 0.021 +0 pp
1984 0.021 +0 pp
1983 0.021 −0.001 pp
1982 0.022 +0 pp
1981 0.022 +0.001 pp
1980 0.021 —

Northern Europe, 2031

The same indicator for neighboring countries — with links to their pages

GB United Kingdom 1.958 IE Ireland 0.383 SE Sweden 0.351 NO Norway 0.267 DK Denmark 0.225 FI Finland 0.159 LT Lithuania 0.077 LV Latvia 0.037 EE Estonia 0.03 IS Iceland 0.014
Full table for all countries

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Iceland

Economy GDP at purchasing power parity

The size of the economy in international dollars — adjusted for price differences between countries.

Iceland by year Economy GDP (IMF)

GDP in current dollars as estimated by the IMF — with a forecast several years ahead.

Iceland by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Iceland by year Economy Real GDP growth (IMF)

Real GDP growth rates as estimated and projected by the IMF.

Iceland by year
All indicators for Iceland