Australia vs Iceland: Gross domestic product (GDP), annual growth rate
Australia
1.35 % change on previous year
in 2025
Iceland
1.28 % change on previous year
in 2025
Australia rank
155th
Iceland rank
158th
Gross domestic product (GDP), annual growth rate over time
- Australia
- Iceland
How they compare
Australia currently reports 1.35 % change on previous year against 1.28 % change on previous year in Iceland, a difference of 0.07 % change on previous year.
That makes Australia's figure about 1.1 times Iceland's.
The two have swapped places 13 times across 35 shared years of data; in 1991 it was Iceland ahead.
Australia ranks 155th and Iceland ranks 158th of 198 countries.
Across the 4 decades both report, Australia averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.27 % change on previous year | 2.33 % change on previous year | 0.9404 % change on previous year | Australia |
| 2000s | 3.25 % change on previous year | 3.4 % change on previous year | 0.1511 % change on previous year | Iceland |
| 2010s | 2.61 % change on previous year | 2.51 % change on previous year | 0.0986 % change on previous year | Australia |
| 2020s | 2.07 % change on previous year | 2.07 % change on previous year | 0.0021 % change on previous year | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), annual growth rate, Australia or Iceland?
- Australia, at 1.35 % change on previous year against 1.28 % change on previous year in Iceland as of 2025.
- What is the difference in gross domestic product (gdp), annual growth rate between Australia and Iceland?
- 0.07 % change on previous year, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 35 years are reported by both, from 1991 to 2025.
- How do Australia and Iceland rank globally for gross domestic product (gdp), annual growth rate?
- Australia ranks 155th and Iceland ranks 158th of 198 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), 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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.