Iceland vs Trinidad and Tobago: GDP
GDP over time
- Iceland
- Trinidad and Tobago
How they compare
Iceland currently reports 23.12 billion constant 2015 US$ against 22.15 billion constant 2015 US$ in Trinidad and Tobago, a difference of 971.50 million constant 2015 US$.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Trinidad and Tobago ahead.
Globally, Iceland ranks 116th and Trinidad and Tobago ranks 117th of 211 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.