The Gross Domestic Product (GDP) in Iceland was worth 31.02 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Iceland represents 0.03 percent of the world economy. source: World Bank
GDP in Iceland averaged 8.91 USD Billion from 1960 until 2023, reaching an all time high of 31.02 USD Billion in 2023 and a record low of 0.25 USD Billion in 1960. This page provides the latest reported value for - Iceland GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland GDP - values, historical data and charts - was last updated on January of 2025.
GDP in Iceland is expected to reach 31.61 USD Billion by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland GDP is projected to trend around 32.34 USD Billion in 2026 and 33.08 USD Billion in 2027, according to our econometric models.