Iceland vs Small states: Gross value added at basic prices (GVA) (current US$), annual growth
Iceland
17.56 % change on previous year
in 2025
Small states
9.16 % change on previous year
in 2025
Iceland rank
19th
Small states rank
19th
Gross value added at basic prices (GVA) (current US$), annual growth over time
- Iceland
- Small states
How they compare
Iceland currently reports 17.56 % change on previous year against 9.16 % change on previous year in Small states, a difference of 8.4 % change on previous year.
That makes Iceland's figure about 1.9 times Small states's.
The two have swapped places 15 times across 36 shared years of data; in 1990 it was Small states ahead.
Iceland ranks 19th and Small states ranks 19th of 205 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Small states in 2.
Head to head by decade
| Decade | Iceland | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.66 % change on previous year | 5.59 % change on previous year | 0.936 % change on previous year | Small states |
| 2000s | 5.74 % change on previous year | 8.54 % change on previous year | 2.8 % change on previous year | Small states |
| 2010s | 6.84 % change on previous year | 3.66 % change on previous year | 3.17 % change on previous year | Iceland |
| 2020s | 8 % change on previous year | 6.98 % change on previous year | 1.02 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (current us$), annual growth, Iceland or Small states?
- Iceland, at 17.56 % change on previous year against 9.16 % change on previous year in Small states as of 2025.
- What is the difference in gross value added at basic prices (gva) (current us$), annual growth between Iceland and Small states?
- 8.4 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Small states?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and Small states rank globally for gross value added at basic prices (gva) (current us$), annual growth?
- Iceland ranks 19th and Small states ranks 19th of 205 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), 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 value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.