The 34-year-old will be replaced at the test by Marussia driver Jules Bianchi, a Ferrari Driver Academy member since 2010.
Raikkonen brought out the red flags in the early stages of Sunday’s race after losing control of his car on the Wellington Straight and striking the barriers with an impact measured at 47G.
The Finn was pictured limping away from his badly damaged F14 T following the accident, but Ferrari team principal Marco Mattiacci has said that he sustained no serious injuries: “The most important news right now is that Kimi is alright, even though the impact with the barriers was a heavy one.
"He has some bruising and will now be resting to be in shape for the next race.”
Raikkonen’s accident compounded a miserable weekend for the 2007 world champion in which he was also eliminated from qualifying in Q1.