Iceland vs Low income: GDP (current US$), annual growth rate

Iceland
16.26 % change on previous year
in 2025
Low income
6.39 % change on previous year
in 2025
Iceland rank
22nd
Low income rank
20th

GDP (current US$), annual growth rate over time

  • Iceland
  • Low income
-40-2002040196119932025

How they compare

Iceland currently reports 16.26 % change on previous year against 6.39 % change on previous year in Low income, a difference of 9.87 % change on previous year.

That makes Iceland's figure about 2.5 times Low income's.

The two have swapped places 28 times across 65 shared years of data; in 1961 it was Iceland ahead.

Iceland ranks 22nd and Low income ranks 20th of 212 countries.

Across the 7 decades both report, Iceland averaged higher in 6 and Low income in 1.

Head to head by decade

Decade Iceland Low income Difference Ahead
1960s 7.19 % change on previous year 6.68 % change on previous year 0.514 % change on previous year Iceland
1970s 21.75 % change on previous year 12.59 % change on previous year 9.16 % change on previous year Iceland
1980s 8.32 % change on previous year 3.19 % change on previous year 5.13 % change on previous year Iceland
1990s 4.74 % change on previous year 0.308 % change on previous year 4.43 % change on previous year Iceland
2000s 5.37 % change on previous year 13.58 % change on previous year 8.21 % change on previous year Low income
2010s 6.9 % change on previous year 2.71 % change on previous year 4.19 % change on previous year Iceland
2020s 8.01 % change on previous year 6.75 % change on previous year 1.26 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current us$), annual growth rate, Iceland or Low income?
Iceland, at 16.26 % change on previous year against 6.39 % change on previous year in Low income as of 2025.
What is the difference in gdp (current us$), annual growth rate between Iceland and Low income?
9.87 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Iceland and Low income?
65 years are reported by both, from 1961 to 2025.
How do Iceland and Low income rank globally for gdp (current us$), annual growth rate?
Iceland ranks 22nd and Low income ranks 20th of 212 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Low income: GDP (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/compare/gdp-current-us-annual-growth-rate/iceland/low-income/

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About this data

Indicator
GDP (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
260 places, 14,477 data points, 1961–2025
Last refreshed

The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.