Australia vs Iceland: Gross domestic product (GDP), Constant prices, Purchasing power
Gross domestic product (GDP), Constant prices, Purchasing power over time
- Australia
- Iceland
How they compare
Iceland currently reports 1.94 % change on previous year against 1.81 % change on previous year in Australia, a difference of 0.13 % change on previous year.
That makes Iceland's figure about 1.1 times Australia's.
The two have swapped places 19 times across 59 shared years of data; in 1961 it was Australia ahead.
Australia ranks 124th and Iceland ranks 121st of 193 countries.
Across the 6 decades both report, Australia averaged higher in 3 and Iceland in 3.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.95 % change on previous year | 4.45 % change on previous year | 0.4948 % change on previous year | Australia |
| 1970s | 3.35 % change on previous year | 6.55 % change on previous year | 3.2 % change on previous year | Iceland |
| 1980s | 3.38 % change on previous year | 3.24 % change on previous year | 0.1421 % change on previous year | Australia |
| 1990s | 3.24 % change on previous year | 2.46 % change on previous year | 0.7728 % change on previous year | Australia |
| 2000s | 3.15 % change on previous year | 3.59 % change on previous year | 0.4393 % change on previous year | Iceland |
| 2010s | 2.59 % change on previous year | 2.77 % change on previous year | 0.1759 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), constant prices, purchasing power, Australia or Iceland?
- Iceland, at 1.94 % change on previous year against 1.81 % change on previous year in Australia as of 2019.
- What is the difference in gross domestic product (gdp), constant prices, purchasing power between Australia and Iceland?
- 0.13 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Australia and Iceland?
- 59 years are reported by both, from 1961 to 2019.
- How do Australia and Iceland rank globally for gross domestic product (gdp), constant prices, purchasing power?
- Australia ranks 124th and Iceland ranks 121st of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, 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), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.