Iceland GDP in 1971

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$0.67 billion 0.0202%
Data Compare

According to the latest statistical data released by the World Bank in 2024, Iceland's gross domestic product(GDP) in 1971 was $0.67 billion, an increase of 27.13% over 1970, and GDP accounted for 0.0202% of the world's total economy. In 1971, Iceland's GDP ranked 88th in the world and 19th in European countries.