Iceland vs Turkey: Gross value added at basic prices (GVA) (current US$), annual growth

Iceland
17.56 % change on previous year
in 2025
Turkey
17.27 % change on previous year
in 2025
Iceland rank
19th
Turkey rank
22nd

Gross value added at basic prices (GVA) (current US$), annual growth over time

  • Iceland
  • Turkey
-200204060196119932025

How they compare

Iceland currently reports 17.56 % change on previous year against 17.27 % change on previous year in Turkey, a difference of 0.29 % change on previous year.

The two have swapped places 27 times across 52 shared years of data; in 1974 it was Turkey ahead.

Iceland ranks 19th and Turkey ranks 22nd of 205 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Turkey in 4.

Head to head by decade

Decade Iceland Turkey Difference Ahead
1970s 16.08 % change on previous year 23.53 % change on previous year 7.44 % change on previous year Turkey
1980s 8.78 % change on previous year 2.47 % change on previous year 6.31 % change on previous year Iceland
1990s 4.66 % change on previous year 11.02 % change on previous year 6.37 % change on previous year Turkey
2000s 5.74 % change on previous year 11.24 % change on previous year 5.51 % change on previous year Turkey
2010s 6.84 % change on previous year 2.1 % change on previous year 4.74 % change on previous year Iceland
2020s 8 % change on previous year 12.87 % change on previous year 4.87 % change on previous year Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), annual growth, Iceland or Turkey?
Iceland, at 17.56 % change on previous year against 17.27 % change on previous year in Turkey as of 2025.
What is the difference in gross value added at basic prices (gva) (current us$), annual growth between Iceland and Turkey?
0.29 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Iceland and Turkey?
52 years are reported by both, from 1974 to 2025.
How do Iceland and Turkey rank globally for gross value added at basic prices (gva) (current us$), annual growth?
Iceland ranks 19th and Turkey ranks 22nd of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Turkey: Gross value added at basic prices (GVA) (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/iceland/turkiye/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

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.