Iceland vs North America: Inflation, GDP deflator
Iceland
6.9%
in 2025
North America
2.7%
in 2025
Iceland rank
43rd
North America rank
43rd
Inflation, GDP deflator over time
- Iceland
- North America
How they compare
Iceland currently reports 6.9% against 2.7% in North America, a difference of 4.2%.
That makes Iceland's figure about 2.6 times North America's.
The two have swapped places 8 times across 65 shared years of data; in 1961 it was Iceland ahead.
Iceland ranks 43rd and North America ranks 43rd of 214 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | North America | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.1% | 2.6% | 9.6% | Iceland |
| 1970s | 31.1% | 7.8% | 23.3% | Iceland |
| 1980s | 38.2% | 5.9% | 32.3% | Iceland |
| 1990s | 4.8% | 2.3% | 2.5% | Iceland |
| 2000s | 6.1% | 2.6% | 3.5% | Iceland |
| 2010s | 3.9% | 1.7% | 2.2% | Iceland |
| 2020s | 6.3% | 3.6% | 2.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher inflation, gdp deflator, Iceland or North America?
- Iceland, at 6.9% against 2.7% in North America as of 2025.
- What is the difference in inflation, gdp deflator between Iceland and North America?
- 4.2%, with Iceland ahead.
- How many years of comparable data are there for Iceland and North America?
- 65 years are reported by both, from 1961 to 2025.
- How do Iceland and North America rank globally for inflation, gdp deflator?
- Iceland ranks 43rd and North America ranks 43rd of 214 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Inflation, GDP deflator (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.