Iceland

Gross Domestic Product (USD)

24.86
billion USD
Dec 61Dec 66Dec 70Dec 75Dec 79Dec 84Dec 88Dec 93Dec 97Dec 01Dec 07Dec 11Dec 15Dec 190.0009.00018.0027.0036.00
  • Iceland
  • Global Median
Source: IMF

Global Ranking

100
Estonia31.05
101
Cambodia27.09
102
Macao25.59
103
Libya25.42
104
Honduras24.92
105
Iceland24.86
107
El Salvador24.64
107
Senegal24.64
109
Cyprus24.61
110
Syria22.78

Europe Ranking

28
Lithuania56.55
29
Slovenia53.59
30
Serbia53.34
31
Latvia33.71
32
Estonia31.05
33
Iceland24.86
34
Cyprus24.61
36
Georgia15.85
37
Albania14.89
38
Malta14.65

News

Definition of Gross Domestic Product (USD)

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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