GDP of Iceland

Source	World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant)
Source	IMF World Economic Outlook (April - 2026)
Date	23 Sep 2026

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IPL 2025

List of continents by gdp per capita

Top 10 largest economies by GDP

According to the IMF World Economic Outlook (April 2026), Iceland's nominal GDP in 2026 is projected to be around $43.80 billion, about $5.22 billion more than the $38.58 billion recorded in 2025. Between 2020 and 2026, Iceland's nominal GDP increased by about $22.03 billion, rising from $21.77 billion in 2020 to $43.80 billion in 2026. This represents an increase of about 101.19% over the period.

Nominal
PPP

Projections by IMF
Year	GDP (billions of $/Int. $)
Year	Nominal	PPP
2025	38.583	31.413
2026	43.800	32.928
2027	45.968	34.358
2028	48.085	35.753
2029	50.330	37.266
2030	52.695	38.862
2031	55.162	40.503

Estimates by World Bank
Year	GDP Nominal (billions of $)		GDP PPP (billions Int. $)		Share (%) to World		Rank/Total
Year	Current	Constant (2015)	Current	Constant (2021)	Nominal	PPP	Nominal	PPP
1960	0.26	2.50	-	-	0.0190	-	85/111	-
1961	0.27	2.50	-	-	0.0187	-	86/113	-
1962	0.30	2.70	-	-	0.0194	-	86/115	-
1963	0.36	2.98	-	-	0.0215	-	85/115	-
1964	0.46	3.27	-	-	0.0251	-	81/115	-
1965	0.55	3.51	-	-	0.0275	-	84/121	-
1966	0.66	3.82	-	-	0.0305	-	81/122	-
1967	0.65	3.77	-	-	0.0283	-	84/125	-
1968	0.50	3.57	-	-	0.0201	-	88/126	-
1969	0.44	3.65	-	-	0.0160	-	92/126	-
1970	0.55	3.92	-	-	0.0183	-	92/146	-
1971	0.69	4.44	-	-	0.0207	-	88/147	-
1972	0.87	4.71	-	-	0.0226	-	87/147	-
1973	1.19	5.03	-	-	0.0253	-	85/147	-
1974	1.57	5.32	-	-	0.0289	-	87/147	-
1975	1.46	5.35	-	-	0.0241	-	91/150	-
1976	1.73	5.67	-	-	0.0263	-	89/150	-
1977	2.29	6.17	-	-	0.0308	-	88/153	-
1978	2.60	6.54	-	-	0.0295	-	87/152	-
1979	2.95	6.86	-	-	0.0290	-	88/153	-
1980	3.50	7.25	2.84	-	0.0305	0.0215	96/170	102/144
1981	3.62	7.56	3.24	-	0.0305	0.0219	94/170	103/145
1982	3.32	7.73	3.52	-	0.0283	0.0223	96/171	103/145
1983	2.86	7.56	3.58	-	0.0238	0.0212	99/171	106/145
1984	2.96	7.87	3.86	-	0.0238	0.0212	99/172	103/145
1985	3.09	8.13	4.11	-	0.0237	0.0211	98/173	106/146
1986	4.13	8.64	4.46	-	0.0268	0.0217	90/173	106/147
1987	5.71	9.38	4.96	-	0.0326	0.0227	86/178	105/148
1988	6.32	9.37	5.13	-	0.0322	0.0217	84/179	108/148
1989	5.87	9.40	5.34	-	0.0287	0.0210	86/179	108/148
1990	6.69	9.51	5.80	10.98	0.0291	0.0195	92/194	132/186
1991	7.15	9.48	5.98	10.96	0.0298	0.0191	90/194	133/187
1992	7.33	9.16	5.91	10.59	0.0286	0.0181	89/196	135/188
1993	6.44	9.28	6.13	10.73	0.0247	0.0180	93/197	135/188
1994	6.61	9.62	6.49	11.11	0.0236	0.0181	92/198	135/189
1995	7.37	9.63	6.63	11.13	0.0235	0.0175	96/200	137/191
1996	7.69	10.06	6.90	11.63	0.0240	0.0172	95/200	139/191
1997	7.72	10.48	7.43	12.11	0.0242	0.0175	98/202	139/193
1998	8.64	11.22	8.00	12.96	0.0272	0.0182	94/203	139/193
1999	9.11	11.65	8.31	13.46	0.0277	0.0180	92/203	140/193
2000	9.14	12.22	8.48	14.12	0.0269	0.0171	93/206	141/197
2001	8.32	12.69	9.18	14.67	0.0247	0.0177	99/207	141/197
2002	9.42	12.76	9.47	14.75	0.0269	0.0174	97/211	143/198
2003	11.56	13.05	9.58	15.08	0.0294	0.0166	93/211	143/198
2004	13.96	14.05	10.51	16.23	0.0315	0.0169	90/211	144/199
2005	17.15	15.04	11.27	17.37	0.0358	0.0168	90/211	144/199
2006	17.67	15.89	12.20	18.36	0.0340	0.0166	97/212	144/200
2007	21.96	17.28	13.10	19.96	0.0375	0.0165	94/212	144/201
2008	18.25	17.57	14.01	20.30	0.0283	0.0166	108/212	145/203
2009	13.21	16.11	13.40	18.61	0.0216	0.0158	114/214	146/204
2010	13.92	15.75	12.80	18.20	0.0208	0.0141	120/214	148/204
2011	15.39	15.97	13.21	18.45	0.0207	0.0137	124/215	148/204
2012	14.94	16.16	13.65	18.67	0.0196	0.0134	125/213	149/203
2013	16.24	16.74	14.48	19.34	0.0208	0.0135	126/213	149/203
2014	18.05	17.06	15.21	19.71	0.0225	0.0137	121/214	149/203
2015	17.70	17.70	16.45	20.45	0.0233	0.0145	116/213	149/203
2016	21.08	18.80	18.19	21.72	0.0273	0.0154	110/213	150/203
2017	25.06	19.46	19.36	22.48	0.0305	0.0155	109/213	150/204
2018	26.68	20.36	20.50	23.53	0.0306	0.0154	106/213	150/204
2019	24.99	20.59	22.09	23.80	0.0281	0.0157	109/214	150/204
2020	22.03	19.23	20.83	22.21	0.0255	0.0148	112/213	151/204
2021	26.23	20.22	23.36	23.36	0.0266	0.0148	109/213	151/204
2022	29.18	22.01	29.26	25.43	0.0284	0.0166	108/212	150/204
2023	31.70	23.12	31.72	26.71	0.0295	0.0168	108/207	147/202
2024	33.19	22.82	32.30	26.37	0.0297	0.0162	109/207	147/202
2025	38.58	23.12	32.74	26.71	0.0326	0.0155	107/207	148/202