Iceland vs Lower middle income: Services, value added (current US$), annual growth rate
Iceland
17.85 % change on previous year
in 2025
Lower middle income
9.02 % change on previous year
in 2025
Iceland rank
20th
Lower middle income rank
19th
Services, value added (current US$), annual growth rate over time
- Iceland
- Lower middle income
How they compare
Iceland currently reports 17.85 % change on previous year against 9.02 % change on previous year in Lower middle income, a difference of 8.83 % change on previous year.
That makes Iceland's figure about 2.0 times Lower middle income's.
The two have swapped places 11 times across 30 shared years of data; in 1996 it was Lower middle income ahead.
Iceland ranks 20th and Lower middle income ranks 19th of 204 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Lower middle income in 2.
Head to head by decade
| Decade | Iceland | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.45 % change on previous year | 5.25 % change on previous year | 1.2 % change on previous year | Iceland |
| 2000s | 7.08 % change on previous year | 12.07 % change on previous year | 4.99 % change on previous year | Lower middle income |
| 2010s | 7.06 % change on previous year | 7.93 % change on previous year | 0.8677 % change on previous year | Lower middle income |
| 2020s | 8.04 % change on previous year | 3.81 % change on previous year | 4.24 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added (current us$), annual growth rate, Iceland or Lower middle income?
- Iceland, at 17.85 % change on previous year against 9.02 % change on previous year in Lower middle income as of 2025.
- What is the difference in services, value added (current us$), annual growth rate between Iceland and Lower middle income?
- 8.83 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lower middle income?
- 30 years are reported by both, from 1996 to 2025.
- How do Iceland and Lower middle income rank globally for services, value added (current us$), annual growth rate?
- Iceland ranks 20th and Lower middle income ranks 19th of 204 countries.
- Where does this data come from?
- Statizoid (derived), published as Services, value added (current US$), 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 Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.