Cyprus vs Iceland: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Cyprus
- Iceland
How they compare
Cyprus currently reports 36.74 billion current US$ against 34.70 billion current US$ in Iceland, a difference of 2.04 billion current US$.
That makes Cyprus's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Cyprus ahead.
Cyprus ranks 103rd and Iceland ranks 105th of 207 countries.
Cyprus has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.26 billion current US$ | 7.02 billion current US$ | 2.24 billion current US$ | Cyprus |
| 2000s | 15.83 billion current US$ | 12.29 billion current US$ | 3.54 billion current US$ | Cyprus |
| 2010s | 21.26 billion current US$ | 17.40 billion current US$ | 3.86 billion current US$ | Cyprus |
| 2020s | 29.79 billion current US$ | 27.05 billion current US$ | 2.74 billion current US$ | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Cyprus or Iceland?
- Cyprus, at 36.74 billion current US$ against 34.70 billion current US$ in Iceland as of 2025.
- What is the difference in gross value added at basic prices (gva) between Cyprus and Iceland?
- 2.04 billion current US$, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Iceland rank globally for gross value added at basic prices (gva)?
- Cyprus ranks 103rd and Iceland ranks 105th of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.