Australia vs Iceland: Gross value added at basic prices (GVA) (constant 2015 US$), annual

Australia
1.25 % change on previous year
in 2025
Iceland
1.28 % change on previous year
in 2025
Australia rank
150th
Iceland rank
149th

Gross value added at basic prices (GVA) (constant 2015 US$), annual over time

  • Australia
  • Iceland
-10-50510197620002025

How they compare

Iceland currently reports 1.28 % change on previous year against 1.25 % change on previous year in Australia, a difference of 0.03 % change on previous year.

The two have swapped places 12 times across 30 shared years of data; in 1996 it was Iceland ahead.

Australia ranks 150th and Iceland ranks 149th of 193 countries.

Across the 4 decades both report, Australia averaged higher in 2 and Iceland in 2.

Head to head by decade

Decade Australia Iceland Difference Ahead
1990s 4.37 % change on previous year 4.89 % change on previous year 0.5125 % change on previous year Iceland
2000s 3.35 % change on previous year 3.4 % change on previous year 0.0539 % change on previous year Iceland
2010s 2.69 % change on previous year 2.51 % change on previous year 0.1826 % change on previous year Australia
2020s 2.1 % change on previous year 2.07 % change on previous year 0.0355 % change on previous year Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (constant 2015 us$), annual, Australia or Iceland?
Iceland, at 1.28 % change on previous year against 1.25 % change on previous year in Australia as of 2025.
What is the difference in gross value added at basic prices (gva) (constant 2015 us$), annual between Australia and Iceland?
0.03 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
30 years are reported by both, from 1996 to 2025.
How do Australia and Iceland rank globally for gross value added at basic prices (gva) (constant 2015 us$), annual?
Australia ranks 150th and Iceland ranks 149th of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Gross value added at basic prices (GVA) (constant 2015 US$), annual. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us-annual-growth-rate/australia/iceland/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,544 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.