Iceland - GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Iceland was 19,193,750,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 20,528,930,000 in 2019 and 9,004,634,000 in 1995.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 9,004,634,000
1996 9,415,887,000
1997 9,959,328,000
1998 10,692,610,000
1999 11,124,050,000
2000 11,678,590,000
2001 12,147,310,000
2002 12,215,280,000
2003 12,477,010,000
2004 13,450,520,000
2005 14,274,290,000
2006 15,175,990,000
2007 16,459,100,000
2008 16,822,760,000
2009 15,533,500,000
2010 15,093,470,000
2011 15,372,060,000
2012 15,535,560,000
2013 16,242,810,000
2014 16,516,870,000
2015 17,249,670,000
2016 18,337,030,000
2017 19,106,260,000
2018 20,040,970,000
2019 20,528,930,000
2020 19,193,750,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity