Iceland vs Palestine, State of: GDP deflator

Iceland
138.12 base year varies by country
in 2025
Palestine, State of
137.75 base year varies by country
in 2025
Iceland rank
98th
Palestine, State of rank
99th

GDP deflator over time

  • Iceland
  • Palestine, State of
050100150196019922025

How they compare

Iceland currently reports 138.12 base year varies by country against 137.75 base year varies by country in Palestine, State of, a difference of 0.37 base year varies by country.

The two have swapped places 3 times across 32 shared years of data; in 1994 it was Palestine, State of ahead.

Iceland ranks 98th and Palestine, State of ranks 99th of 214 countries.

Palestine, State of has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Palestine, State of Difference Ahead
1990s 33.48 base year varies by country 58.37 base year varies by country 24.89 base year varies by country Palestine, State of
2000s 48.45 base year varies by country 64.39 base year varies by country 15.94 base year varies by country Palestine, State of
2010s 82.04 base year varies by country 99.65 base year varies by country 17.61 base year varies by country Palestine, State of
2020s 118.48 base year varies by country 124.33 base year varies by country 5.85 base year varies by country Palestine, State of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp deflator, Iceland or Palestine, State of?
Iceland, at 138.12 base year varies by country against 137.75 base year varies by country in Palestine, State of as of 2025.
What is the difference in gdp deflator between Iceland and Palestine, State of?
0.37 base year varies by country, with Iceland ahead.
How many years of comparable data are there for Iceland and Palestine, State of?
32 years are reported by both, from 1994 to 2025.
How do Iceland and Palestine, State of rank globally for gdp deflator?
Iceland ranks 98th and Palestine, State of ranks 99th of 214 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 Palestine, State of: GDP deflator. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/gdp-deflator-base-year-varies-by-country/iceland/west-bank-and-gaza/

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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
215 places, 11,612 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).