Iceland vs Latvia: Gross national expenditure deflator

Iceland
134.83 base year varies by country
in 2025
Latvia
132.88 base year varies by country
in 2025
Iceland rank
82nd
Latvia rank
84th

Gross national expenditure deflator over time

  • Iceland
  • Latvia
050100150197019972025

How they compare

Iceland currently reports 134.83 base year varies by country against 132.88 base year varies by country in Latvia, a difference of 1.95 base year varies by country.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Latvia ahead.

Iceland ranks 82nd and Latvia ranks 84th of 169 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 32.24 base year varies by country 40.89 base year varies by country 8.65 base year varies by country Latvia
2000s 47.05 base year varies by country 63.84 base year varies by country 16.8 base year varies by country Latvia
2010s 81.98 base year varies by country 91.59 base year varies by country 9.61 base year varies by country Latvia
2020s 117.05 base year varies by country 118.47 base year varies by country 1.43 base year varies by country Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure deflator, Iceland or Latvia?
Iceland, at 134.83 base year varies by country against 132.88 base year varies by country in Latvia as of 2025.
What is the difference in gross national expenditure deflator between Iceland and Latvia?
1.95 base year varies by country, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Latvia rank globally for gross national expenditure deflator?
Iceland ranks 82nd and Latvia ranks 84th of 169 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross national expenditure deflator (base year varies by country). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Gross national expenditure deflator. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-deflator-base-year-varies-by-country/iceland/latvia/

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About this data

Indicator
Gross national expenditure deflator (base year varies by country)
Unit
base year varies by country
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 6,903 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.