Discrepancy in expenditure estimate of GDP in Iceland
Iceland: Discrepancy in expenditure estimate of GDP was 0 constant LCU in 2025. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Iceland, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, discrepancy in expenditure estimate of gdp in Iceland stood at 0 constant LCU. That is the lowest value across all 56 years on record.
Over the whole period, discrepancy in expenditure estimate of gdp in Iceland peaked at 1,000 constant LCU in 1979 and was at its lowest, 0 constant LCU, in 1970.
Iceland ranks 67th of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Iceland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 0 constant LCU | — |
| 1971 | 0 constant LCU | — |
| 1972 | 1,000 constant LCU | — |
| 1973 | 1,000 constant LCU | +0.0% |
| 1974 | 0 constant LCU | -100.0% |
| 1975 | 0 constant LCU | — |
| 1976 | 1,000 constant LCU | — |
| 1977 | 1,000 constant LCU | +0.0% |
| 1978 | 0 constant LCU | -100.0% |
| 1979 | 1,000 constant LCU | — |
| 1980 | 1,000 constant LCU | +0.0% |
| 1981 | 0 constant LCU | -100.0% |
| 1982 | 0 constant LCU | — |
| 1983 | 0 constant LCU | — |
| 1984 | 0 constant LCU | — |
| 1985 | 1,000 constant LCU | — |
| 1986 | 1,000 constant LCU | +0.0% |
| 1987 | 0 constant LCU | -100.0% |
| 1988 | 1,000 constant LCU | — |
| 1989 | 0 constant LCU | -100.0% |
| 1990 | 1,000 constant LCU | — |
| 1991 | 1,000 constant LCU | +0.0% |
| 1992 | 1,000 constant LCU | +0.0% |
| 1993 | 1,000 constant LCU | +0.0% |
| 1994 | 1,000 constant LCU | +0.0% |
| 1995 | 0 constant LCU | -100.0% |
| 1996 | 0 constant LCU | — |
| 1997 | 0 constant LCU | — |
| 1998 | 0 constant LCU | — |
| 1999 | 0 constant LCU | — |
| 2000 | 0 constant LCU | — |
| 2001 | 0 constant LCU | — |
| 2002 | 0 constant LCU | — |
| 2003 | 0 constant LCU | — |
| 2004 | 0 constant LCU | — |
| 2005 | 0 constant LCU | — |
| 2006 | 0 constant LCU | — |
| 2007 | 0 constant LCU | — |
| 2008 | 0 constant LCU | — |
| 2009 | 0 constant LCU | — |
| 2010 | 0 constant LCU | — |
| 2011 | 0 constant LCU | — |
| 2012 | 0 constant LCU | — |
| 2013 | 0 constant LCU | — |
| 2014 | 0 constant LCU | — |
| 2015 | 0 constant LCU | — |
| 2016 | 0 constant LCU | — |
| 2017 | 0 constant LCU | — |
| 2018 | 0 constant LCU | — |
| 2019 | 0 constant LCU | — |
| 2020 | 0 constant LCU | — |
| 2021 | 0 constant LCU | — |
| 2022 | 0 constant LCU | — |
| 2023 | 0 constant LCU | — |
| 2024 | 0 constant LCU | — |
| 2025 | 0 constant LCU | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 500 constant LCU | 0 constant LCU | 1,000 constant LCU | 10 |
| 1980s | 400 constant LCU | 0 constant LCU | 1,000 constant LCU | 10 |
| 1990s | 500 constant LCU | 0 constant LCU | 1,000 constant LCU | 10 |
| 2000s | 0 constant LCU | 0 constant LCU | 0 constant LCU | 10 |
| 2010s | 0 constant LCU | 0 constant LCU | 0 constant LCU | 10 |
| 2020s | 0 constant LCU | 0 constant LCU | 0 constant LCU | 6 |
Countries ranked near Iceland
- 64 Paraguay 0.0078 constant LCU compare
- 65 Bhutan 0 constant LCU compare
- 66 South Sudan 0 constant LCU compare
- 67 Austria 0 constant LCU compare
- 67 Belgium 0 constant LCU compare
- 67 Benin 0 constant LCU compare
- 67 Cuba 0 constant LCU compare
- 67 Czechia 0 constant LCU
- 67 Denmark 0 constant LCU
- 67 Djibouti 0 constant LCU compare
- 67 Estonia 0 constant LCU
- 67 Finland 0 constant LCU
- 67 France 0 constant LCU
- 67 Germany 0 constant LCU
- 67 Greece 0 constant LCU
- 67 Honduras 0 constant LCU compare
- 67 Hungary 0 constant LCU
- 67 Ireland 0 constant LCU
- 67 Israel 0 constant LCU compare
- 67 Italy 0 constant LCU
- 67 Japan 0 constant LCU
- 67 Latvia 0 constant LCU
- 67 Lithuania 0 constant LCU
- 67 Luxembourg 0 constant LCU
- 67 Malawi 0 constant LCU compare
- 67 Netherlands 0 constant LCU compare
- 67 Norway 0 constant LCU
- 67 Peru 0 constant LCU
- 67 Portugal 0 constant LCU
- 67 San Marino 0 constant LCU compare
- 67 Slovakia 0 constant LCU
- 67 Slovenia 0 constant LCU compare
- 67 Spain 0 constant LCU
- 67 Sweden 0 constant LCU
- 67 Switzerland 0 constant LCU compare
- 67 United Kingdom of Great Britain and Northern Ireland 0 constant LCU compare
- 67 United States of America 0 constant LCU compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2006 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 19,720 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.17 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 25.76 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2.53 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Iceland?
- Discrepancy in expenditure estimate of gdp in Iceland was 0 constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Iceland?
- The highest recorded value was 1,000 constant LCU in 1979.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Iceland?
- The lowest recorded value was 0 constant LCU in 1970.
- How does Iceland rank for discrepancy in expenditure estimate of gdp?
- Iceland ranks 67th out of 153 countries with data for 2025.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.