The Gross Domestic Product (GDP) in Iceland was worth 23.91 billion US dollars in 2017. The GDP value of Iceland represents 0.04 percent of the world economy. GDP in Iceland averaged 6.96 USD Billion from 1960 until 2017, reaching an all time high of 23.91 USD Billion in 2017 and a record low of 0.25 USD Billion in 1961.
GDP in Iceland is expected to be 26.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland GDP is projected to trend around 32.00 USD Billion in 2020, according to our econometric models.