Iceland GDP in 2020

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$21.72 billion 0.0256%
Data Compare

According to the latest statistical data released by the World Bank in 2024, Iceland's gross domestic product(GDP) in 2020 was $21.72 billion, an increase of -12.63% over 2019, and GDP accounted for 0.0256% of the world's total economy. In 2020, Iceland's GDP ranked 110th in the world and 35th in European countries.