Iceland vs Korea: Economic Outlook No 116 — Indicator of competitiveness based on
Economic Outlook No 116 — Indicator of competitiveness based on over time
- Iceland
- Korea
How they compare
Iceland currently reports 112.15 against 92.1 in Korea, a difference of 20.05.
That makes Iceland's figure about 1.2 times Korea's.
The two have swapped places 9 times across 57 shared years of data; in 1970 it was Korea ahead.
Iceland ranks 5th and Korea ranks 3rd of 38 countries.
Across the 6 decades both report, Iceland averaged higher in 1 and Korea in 5.
Head to head by decade
| Decade | Iceland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 106.6 | 133.58 | 26.98 | Korea |
| 1980s | 107.46 | 116.78 | 9.32 | Korea |
| 1990s | 97.84 | 105.32 | 7.48 | Korea |
| 2000s | 99.14 | 103.59 | 4.45 | Korea |
| 2010s | 91.8 | 99.31 | 7.51 | Korea |
| 2020s | 105.55 | 95.44 | 10.11 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 116 — indicator of competitiveness based on, Iceland or Korea?
- Iceland, at 112.15 against 92.1 in Korea as of 2026.
- What is the difference in economic outlook no 116 — indicator of competitiveness based on between Iceland and Korea?
- 20.05, with Iceland ahead.
- How many years of comparable data are there for Iceland and Korea?
- 57 years are reported by both, from 1970 to 2026.
- How do Iceland and Korea rank globally for economic outlook no 116 — indicator of competitiveness based on?
- Iceland ranks 5th and Korea ranks 3rd of 38 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — Indicator of competitiveness based on relative consumer prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org