The Gross Domestic Product (GDP) in Iceland was worth 25.88 billion US dollars in 2018. The GDP value of Iceland represents 0.04 percent of the world economy. GDP in Iceland averaged 7.40 USD Billion from 1960 until 2018, reaching an all time high of 25.88 USD Billion in 2018 and a record low of 0.25 USD Billion in 1961.
GDP in Iceland is expected to be 24.70 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 28.50 USD Billion in 2020, according to our econometric models.