Estonia vs Iceland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Estonia
- Iceland
How they compare
Estonia currently reports 23.85 billion constant 2015 US$ against 20.77 billion constant 2015 US$ in Iceland, a difference of 3.09 billion constant 2015 US$.
That makes Estonia's figure about 1.1 times Iceland's.
Across all 31 years both countries report, Estonia has been ahead every year.
Estonia ranks 110th and Iceland ranks 113th of 192 countries.
Estonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.14 billion constant 2015 US$ | 9.53 billion constant 2015 US$ | 609.39 million constant 2015 US$ | Estonia |
| 2000s | 16.02 billion constant 2015 US$ | 13.18 billion constant 2015 US$ | 2.84 billion constant 2015 US$ | Estonia |
| 2010s | 20.33 billion constant 2015 US$ | 16.04 billion constant 2015 US$ | 4.28 billion constant 2015 US$ | Estonia |
| 2020s | 24.06 billion constant 2015 US$ | 19.54 billion constant 2015 US$ | 4.52 billion constant 2015 US$ | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Estonia or Iceland?
- Estonia, at 23.85 billion constant 2015 US$ against 20.77 billion constant 2015 US$ in Iceland as of 2025.
- What is the difference in gross value added at basic prices (gva) between Estonia and Iceland?
- 3.09 billion constant 2015 US$, with Estonia ahead.
- How many years of comparable data are there for Estonia and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Estonia and Iceland rank globally for gross value added at basic prices (gva)?
- Estonia ranks 110th and Iceland ranks 113th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.