Iceland vs World: GDP (current US$), annual growth rate
Iceland
16.26 % change on previous year
in 2025
World
5.98 % change on previous year
in 2025
Iceland rank
22nd
World rank
23rd
GDP (current US$), annual growth rate over time
- Iceland
- World
How they compare
Iceland currently reports 16.26 % change on previous year against 5.98 % change on previous year in World, a difference of 10.28 % change on previous year.
That makes Iceland's figure about 2.7 times World's.
The two have swapped places 21 times across 65 shared years of data; in 1961 it was World ahead.
Iceland ranks 22nd and World ranks 23rd of 212 countries.
Across the 7 decades both report, Iceland averaged higher in 4 and World in 3.
Head to head by decade
| Decade | Iceland | World | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.19 % change on previous year | 8.05 % change on previous year | 0.861 % change on previous year | World |
| 1970s | 21.75 % change on previous year | 14.08 % change on previous year | 7.67 % change on previous year | Iceland |
| 1980s | 8.32 % change on previous year | 7.39 % change on previous year | 0.9264 % change on previous year | Iceland |
| 1990s | 4.74 % change on previous year | 4.93 % change on previous year | 0.1855 % change on previous year | World |
| 2000s | 5.37 % change on previous year | 6.56 % change on previous year | 1.19 % change on previous year | World |
| 2010s | 6.9 % change on previous year | 3.92 % change on previous year | 2.98 % change on previous year | Iceland |
| 2020s | 8.01 % change on previous year | 5.02 % change on previous year | 2.99 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp (current us$), annual growth rate, Iceland or World?
- Iceland, at 16.26 % change on previous year against 5.98 % change on previous year in World as of 2025.
- What is the difference in gdp (current us$), annual growth rate between Iceland and World?
- 10.28 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and World?
- 65 years are reported by both, from 1961 to 2025.
- How do Iceland and World rank globally for gdp (current us$), annual growth rate?
- Iceland ranks 22nd and World ranks 23rd of 212 countries.
- Where does this data come from?
- Statizoid (derived), published as GDP (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.