Germany vs Iceland: Gross value added at basic prices (GVA)

Germany

3.26 trillion constant LCU

in 2025

Iceland

3.24 trillion constant LCU

in 2025

Germany rank

61st

Iceland rank

62nd

Gross value added at basic prices (GVA) over time

Germany
Iceland

How they compare

Germany currently reports 3.26 trillion constant LCU against 3.24 trillion constant LCU in Iceland, a difference of 27.13 billion constant LCU.

Across all 31 years both countries report, Germany has been ahead every year.

Germany ranks 61st and Iceland ranks 62nd of 197 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 197 places, 8,338 data points, 1960–2025
Last refreshed: 06 August 2026

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 varies by country. This series is expressed in local currency units.