Australia vs Iceland: GDP growth
GDP growth over time
- Australia
- Iceland
How they compare
Australia currently reports 1.4% against 1.3% in Iceland, a difference of 0.1%.
That makes Australia's figure about 1.1 times Iceland's.
The two have swapped places 24 times across 65 shared years of data; in 1961 it was Australia ahead.
Australia ranks 163rd and Iceland ranks 166th of 213 countries.
Across the 7 decades both report, Australia averaged higher in 5 and Iceland in 2.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.9% | 4.5% | 0.4% | Australia |
| 1970s | 3.4% | 6.6% | 3.1% | Iceland |
| 1980s | 3.3% | 3.2% | 0.1% | Australia |
| 1990s | 3.3% | 2.2% | 1.1% | Australia |
| 2000s | 3.3% | 3.4% | 0.2% | Iceland |
| 2010s | 2.6% | 2.5% | 0.1% | Australia |
| 2020s | 2.1% | 2.1% | 0.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp growth, Australia or Iceland?
- Australia, at 1.4% against 1.3% in Iceland as of 2025.
- What is the difference in gdp growth between Australia and Iceland?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 65 years are reported by both, from 1961 to 2025.
- How do Australia and Iceland rank globally for gdp growth?
- Australia ranks 163rd and Iceland ranks 166th of 213 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP growth (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.