Iceland—GDP, PPP (Billions Intl $)
Category: EconomySource: IMF World Economic OutlookGlobal Rank: #150 of 192
Latest Value
$34.13B
2027
YoY Change
+4.1%
2026 → 2027
Global Rank
#150
of 192 countries
Maximum
$34.13B
2027
Minimum
$8.85B
2000
CAGR
+5.1%
28 years
Last
$34.13B
Previous
$32.77B
Highest
$34.13B
Lowest
$8.85B
Unit
Billions of international dollars
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | $34.13B | +4.1% |
| 2026 | $32.77B | +4.1% |
| 2025 | $31.47B | +3.9% |
| 2024 | $30.29B | +1.5% |
| 2023 | $29.85B | +9.1% |
| 2022 | $27.36B | +16.6% |
| 2021 | $23.48B | +12.7% |
| 2020 | $20.83B | -5.7% |
| 2019 | $22.09B | +7.8% |
| 2018 | $20.50B | +5.8% |
| 2017 | $19.36B | +5.3% |
| 2016 | $18.38B | +7.2% |
| 2015 | $17.14B | +4.7% |
| 2014 | $16.37B | +3.7% |
| 2013 | $15.79B | +5.4% |
| 2012 | $14.98B | +3.1% |
| 2011 | $14.54B | +3.5% |
| 2010 | $14.05B | -1.0% |
| 2009 | $14.20B | -7.8% |
| 2008 | $15.39B | +3.7% |
| 2007 | $14.85B | +11.7% |
| 2006 | $13.29B | +8.9% |
| 2005 | $12.20B | +10.4% |
| 2004 | $11.06B | +10.5% |
| 2003 | $10.00B | +4.3% |
| 2002 | $9.59B | +2.1% |
| 2001 | $9.39B | +6.2% |
| 2000 | $8.85B |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | $32.77B | +4.1% |
| 2027Forecast | $34.13B | +4.1% |
Top Countries — GDP, PPP (Billions Intl $)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $43.49T | 2026 |
| 2 | United States | $31.82T | 2026 |
| 3 | India | $19.14T | 2026 |
| 4 | Russian Federation | $7.34T | 2026 |
| 5 | Japan | $6.92T | 2026 |
| 6 | Germany | $6.32T | 2026 |
| 7 | Indonesia | $5.36T | 2026 |
| 8 | Brazil | $5.16T | 2026 |
| 9 | France | $4.66T | 2026 |
| 10 | United Kingdom | $4.59T | 2026 |
About This Indicator
Definition
GDP based on purchasing power parity (PPP). Adjusts GDP to account for price differences across countries, providing a more accurate comparison of economic size and living standards.
Methodology
Uses PPP exchange rates from the International Comparison Program (ICP) to convert GDP to a common currency. PPP rates equalize the purchasing power of different currencies by accounting for the cost of a standard basket of goods.
Unit
Billions of international dollars