Iceland vs Luxembourg: Gross Domestic Product — Value Standard Local Currency, annual growth
Iceland
6.4 % change on previous year
in 2024
Luxembourg
6.31 % change on previous year
in 2024
Iceland rank
122nd
Luxembourg rank
124th
Gross Domestic Product — Value Standard Local Currency, annual growth over time
- Iceland
- Luxembourg
How they compare
Iceland currently reports 6.4 % change on previous year against 6.31 % change on previous year in Luxembourg, a difference of 0.09 % change on previous year.
The two have swapped places 12 times across 54 shared years of data; in 1971 it was Iceland ahead.
Iceland ranks 122nd and Luxembourg ranks 124th of 218 countries.
Across the 6 decades both report, Iceland averaged higher in 5 and Luxembourg in 1.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 41.05 % change on previous year | 9.64 % change on previous year | 31.42 % change on previous year | Iceland |
| 1980s | 42.46 % change on previous year | 9.39 % change on previous year | 33.07 % change on previous year | Iceland |
| 1990s | 7.31 % change on previous year | 7.72 % change on previous year | 0.4043 % change on previous year | Luxembourg |
| 2000s | 9.7 % change on previous year | 6.72 % change on previous year | 2.99 % change on previous year | Iceland |
| 2010s | 6.43 % change on previous year | 4.81 % change on previous year | 1.61 % change on previous year | Iceland |
| 2020s | 8.97 % change on previous year | 6.25 % change on previous year | 2.72 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, annual growth, Iceland or Luxembourg?
- Iceland, at 6.4 % change on previous year against 6.31 % change on previous year in Luxembourg as of 2024.
- What is the difference in gross domestic product — value standard local currency, annual growth between Iceland and Luxembourg?
- 0.09 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 54 years are reported by both, from 1971 to 2024.
- How do Iceland and Luxembourg rank globally for gross domestic product — value standard local currency, annual growth?
- Iceland ranks 122nd and Luxembourg ranks 124th of 218 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.