Ethiopia vs Iceland: Gross domestic product (GDP), annual growth rate

Ethiopia
5.92 % change on previous year
in 2023
Iceland
5.94 % change on previous year
in 2023
Ethiopia rank
35th
Iceland rank
34th

Gross domestic product (GDP), annual growth rate over time

  • Ethiopia
  • Iceland
-1001020195119872023

How they compare

Iceland currently reports 5.94 % change on previous year against 5.92 % change on previous year in Ethiopia, a difference of 0.02 % change on previous year.

The two have swapped places 33 times across 73 shared years of data; in 1951 it was Ethiopia ahead.

Ethiopia ranks 35th and Iceland ranks 34th of 184 countries.

Across the 8 decades both report, Ethiopia averaged higher in 4 and Iceland in 4.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
1950s 4.28 % change on previous year 5.58 % change on previous year 1.3 % change on previous year Iceland
1960s 4.46 % change on previous year 4.66 % change on previous year 0.1994 % change on previous year Iceland
1970s 2.71 % change on previous year 6.78 % change on previous year 4.07 % change on previous year Iceland
1980s 3.86 % change on previous year 3.41 % change on previous year 0.4486 % change on previous year Ethiopia
1990s 1.83 % change on previous year 2.64 % change on previous year 0.8162 % change on previous year Iceland
2000s 8.55 % change on previous year 2.69 % change on previous year 5.87 % change on previous year Ethiopia
2010s 11.64 % change on previous year 2.71 % change on previous year 8.94 % change on previous year Ethiopia
2020s 9.61 % change on previous year 3.71 % change on previous year 5.9 % change on previous year Ethiopia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), annual growth rate, Ethiopia or Iceland?
Iceland, at 5.94 % change on previous year against 5.92 % change on previous year in Ethiopia as of 2023.
What is the difference in gross domestic product (gdp), annual growth rate between Ethiopia and Iceland?
0.02 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Ethiopia and Iceland?
73 years are reported by both, from 1951 to 2023.
How do Ethiopia and Iceland rank globally for gross domestic product (gdp), annual growth rate?
Ethiopia ranks 35th and Iceland ranks 34th of 184 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.

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Ethiopia vs Iceland: Gross domestic product (GDP), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-annual-growth-rate/ethiopia/iceland/

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About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

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.