Iceland vs Mexico: GDP deflator

Iceland
138.12 base year varies by country
in 2025
Mexico
138.22 base year varies by country
in 2025
Iceland rank
97th
Mexico rank
96th

GDP deflator over time

  • Iceland
  • Mexico
050100150196019922025

How they compare

Mexico currently reports 138.22 base year varies by country against 138.12 base year varies by country in Iceland, a difference of 0.1 base year varies by country.

The two have swapped places 5 times across 66 shared years of data; in 1960 it was Iceland ahead.

Iceland ranks 97th and Mexico ranks 96th of 212 countries.

Across the 7 decades both report, Iceland averaged higher in 4 and Mexico in 3.

Head to head by decade

Decade Iceland Mexico Difference Ahead
1960s 0.0419 base year varies by country 0.0066 base year varies by country 0.0352 base year varies by country Iceland
1970s 0.3374 base year varies by country 0.0162 base year varies by country 0.3212 base year varies by country Iceland
1980s 10.05 base year varies by country 1.18 base year varies by country 8.88 base year varies by country Iceland
1990s 31.58 base year varies by country 17.98 base year varies by country 13.6 base year varies by country Iceland
2000s 48.45 base year varies by country 51.98 base year varies by country 3.52 base year varies by country Mexico
2010s 82.04 base year varies by country 85.18 base year varies by country 3.14 base year varies by country Mexico
2020s 118.48 base year varies by country 123.74 base year varies by country 5.26 base year varies by country Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp deflator, Iceland or Mexico?
Mexico, at 138.22 base year varies by country against 138.12 base year varies by country in Iceland as of 2025.
What is the difference in gdp deflator between Iceland and Mexico?
0.1 base year varies by country, with Mexico ahead.
How many years of comparable data are there for Iceland and Mexico?
66 years are reported by both, from 1960 to 2025.
How do Iceland and Mexico rank globally for gdp deflator?
Iceland ranks 97th and Mexico ranks 96th of 212 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP deflator (base year varies by country). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mexico: GDP deflator. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gdp-deflator-base-year-varies-by-country/iceland/mexico/

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,579 data points, 1960–2025
Last refreshed

The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).