Euro area (17 countries) vs Iceland: Economic Outlook No 118 — Indicator of competitiveness based on
Economic Outlook No 118 — Indicator of competitiveness based on over time
- Euro area (17 countries)
- Iceland
How they compare
Iceland currently reports 115.24 against 100.37 in Euro area (17 countries), a difference of 14.87.
That makes Iceland's figure about 1.1 times Euro area (17 countries)'s.
The two have swapped places 16 times across 58 shared years of data; in 1970 it was Iceland ahead.
Euro area (17 countries) ranks 7th and Iceland ranks 9th of 7 regions.
Across the 6 decades both report, Euro area (17 countries) averaged higher in 4 and Iceland in 2.
Head to head by decade
| Decade | Euro area (17 countries) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 115.83 | 109.15 | 6.67 | Euro area (17 countries) |
| 1980s | 105.48 | 110.03 | 4.55 | Iceland |
| 1990s | 110 | 100.43 | 9.57 | Euro area (17 countries) |
| 2000s | 104.46 | 101.22 | 3.24 | Euro area (17 countries) |
| 2010s | 98.52 | 91.69 | 6.83 | Euro area (17 countries) |
| 2020s | 99.72 | 107.64 | 7.92 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 118 — indicator of competitiveness based on, Euro area (17 countries) or Iceland?
- Iceland, at 115.24 against 100.37 in Euro area (17 countries) as of 2027.
- What is the difference in economic outlook no 118 — indicator of competitiveness based on between Euro area (17 countries) and Iceland?
- 14.87, with Iceland ahead.
- How many years of comparable data are there for Euro area (17 countries) and Iceland?
- 58 years are reported by both, from 1970 to 2027.
- How do Euro area (17 countries) and Iceland rank globally for economic outlook no 118 — indicator of competitiveness based on?
- Euro area (17 countries) ranks 7th and Iceland ranks 9th of 7 regions.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 118 — 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 (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP