GDP,current US$,millions,seas. adj. in Iceland

Iceland: GDP,current US$,millions,seas. adj. was 10,819 in 2026. ▲ Rising

Latest (2026)
10,819
Change on year
down 72.0%
World rank
81st
of 94 countries
All-time high
38,708
in 2025
All-time low
7,374
in 1995
Years of data
32
1995–2026

GDP,current US$,millions,seas. adj. in Iceland, 1995–2026

10.0k20.0k30.0k40.0k1995201020261995: 7.4k1996: 7.7k1997: 7.7k1998: 8.6k1999: 9.1k2000: 9.1k2001: 8.3k2002: 9.5k2003: 11.6k2004: 14.0k2005: 17.2k2006: 17.8k2007: 22.0k2008: 18.9k2009: 13.2k2010: 14.0k2011: 15.4k2012: 14.9k2013: 16.3k2014: 18.1k2015: 17.7k2016: 21.1k2017: 25.1k2018: 26.8k2019: 25.0k2020: 22.1k2021: 26.2k2022: 29.2k2023: 31.7k2024: 33.2k2025: 38.7k2026: 10.8k

Source: World Bank.

Analysis

In 2026, gdp,current us$,millions,seas. adj. in Iceland stood at 10,819.

The figure is down 72.0% on the previous year and down 48.8% over ten years.

Over the whole period, gdp,current us$,millions,seas. adj. in Iceland peaked at 38,708 in 2025 and was at its lowest, 7,374, in 1995.

That places Iceland 81st out of 94 countries with data for 2026, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 32 years of available data.

GDP,current US$,millions,seas. adj. in Iceland, year by year

Annual values for GDP,current US$,millions,seas. adj., in Iceland, 1995 to 2026.
Year Value Change
1995 7,374 —
1996 7,683 +4.2%
1997 7,731 +0.6%
1998 8,641 +11.8%
1999 9,105 +5.4%
2000 9,139 +0.4%
2001 8,313 -9.0%
2002 9,481 +14.1%
2003 11,573 +22.1%
2004 13,996 +20.9%
2005 17,175 +22.7%
2006 17,756 +3.4%
2007 22,016 +24.0%
2008 18,918 -14.1%
2009 13,208 -30.2%
2010 13,969 +5.8%
2011 15,383 +10.1%
2012 14,940 -2.9%
2013 16,260 +8.8%
2014 18,063 +11.1%
2015 17,723 -1.9%
2016 21,150 +19.3%
2017 25,112 +18.7%
2018 26,805 +6.7%
2019 24,990 -6.8%
2020 22,086 -11.6%
2021 26,242 +18.8%
2022 29,181 +11.2%
2023 31,720 +8.7%
2024 33,186 +4.6%
2025 38,708 +16.6%
2026 10,819 -72.0%

Iceland compared with similar countries

  • Iceland's 10,819 is below the median for high income countries, which is 152,623, 7% of the median. (49 countries reporting)
  • Iceland's 10,819 is below the median for Europe & Central Asia, which is 83,872, 13% of the median. (42 countries reporting)

Biggest year-on-year movements

Years where GDP,current US$,millions,seas. adj. in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2026 -72.0% 38,708 10,819

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,107 7,374 9,105 5
2000s 14,157 8,313 22,016 10
2010s 19,439 13,969 26,805 10
2020s 27,420 10,819 38,708 7

Countries ranked near Iceland

  1. 78 Latvia 13,021 compare
  2. 79 Estonia 12,671 compare
  3. 80 Cyprus 10,911 compare
  4. 82 Georgia 10,384 compare
  5. 83 Honduras 10,251 compare
  6. 84 El Salvador 9,590 compare

See the full ranking of 103 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp,current us$,millions,seas. adj. in Iceland?
Gdp,current us$,millions,seas. adj. in Iceland was 10,819 in 2026, according to the World Bank.
What is the highest gdp,current us$,millions,seas. adj. recorded in Iceland?
The highest recorded value was 38,708 in 2025.
What is the lowest gdp,current us$,millions,seas. adj. recorded in Iceland?
The lowest recorded value was 7,374 in 1995.
How does Iceland rank for gdp,current us$,millions,seas. adj.?
Iceland ranks 81st out of 94 countries with data for 2026.
Is gdp,current us$,millions,seas. adj. rising or falling in Iceland?
Over the last ten years it is down 48.8%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of GDP,current US$,millions,seas. adj.,. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

GDP,current US$,millions,seas. adj. in Iceland. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/gdp-current-us-millions-seas-adj/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/gdp-current-us-millions-seas-adj/iceland/">GDP,current US$,millions,seas. adj. in Iceland</a> — Statizoid

About this data

Indicator
GDP,current US$,millions,seas. adj.,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
103 places, 3,264 data points, 1987–2026
Last refreshed