GDP in USD PPP terms reached 19.3 USD bil in 2018 in Iceland, according to the National Statistical Office. This is 1.55 % more than in the previous year.
Historically, GDP in USD PPP terms in Iceland reached an all time high of 19.3 USD bil in 2018 and an all time low of 2.50 USD bil in 1980. When compared to Iceland's main peers, GDP in USD PPP terms in Denmark amounted to 300 USD bil, 398 USD bil in Norway, 543 USD bil in Sweden and 3,034 USD bil in United Kingdom in 2018.
Iceland has been ranked 151st within the group of 174 countries we follow in terms of GDP in USD PPP terms, 4 places behind the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.