Discrepancy in expenditure estimate of GDP (current LCU), annual in Iceland
Iceland: Discrepancy in expenditure estimate of GDP (current LCU), annual was 100 % change on previous year in 2024. ◆ Volatile
Latest (2024)
100 % change on previous year
Change on year
up 0.0%
World rank
21st
of 173 countries
All-time high
216.61 % change on previous year
in 1994
All-time low
-508.7 % change on previous year
in 1971
Years of data
38
1971–2024
Discrepancy in expenditure estimate of GDP (current LCU), annual in Iceland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iceland recorded 100 % change on previous year for discrepancy in expenditure estimate of gdp (current lcu), annual in 2024.
That represents a change of unchanged over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp (current lcu), annual in Iceland peaked at 216.61 % change on previous year in 1994 and was at its lowest, -508.7 % change on previous year, in 1971.
Iceland ranks 21st of 173 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP (current LCU), annual in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -508.7 % change on previous year | — |
| 1972 | 15.46 % change on previous year | -103.0% |
| 1973 | -86.59 % change on previous year | -660.0% |
| 1974 | -128.38 % change on previous year | +48.3% |
| 1975 | -33.48 % change on previous year | -73.9% |
| 1976 | 27.77 % change on previous year | -182.9% |
| 1977 | -70.83 % change on previous year | -355.1% |
| 1978 | 24.8 % change on previous year | -135.0% |
| 1979 | -69.6 % change on previous year | -380.6% |
| 1980 | -117.23 % change on previous year | +68.4% |
| 1981 | -59.78 % change on previous year | -49.0% |
| 1982 | -89.41 % change on previous year | +49.6% |
| 1983 | 41.28 % change on previous year | -146.2% |
| 1984 | -111.56 % change on previous year | -370.2% |
| 1985 | 6.8 % change on previous year | -106.1% |
| 1986 | 55.07 % change on previous year | +710.2% |
| 1987 | -326.49 % change on previous year | -692.8% |
| 1988 | -26.5 % change on previous year | -91.9% |
| 1989 | 40.67 % change on previous year | -253.5% |
| 1990 | -36.54 % change on previous year | -189.8% |
| 1991 | -71.67 % change on previous year | +96.1% |
| 1992 | 40.99 % change on previous year | -157.2% |
| 1993 | 74.02 % change on previous year | +80.6% |
| 1994 | 216.61 % change on previous year | +192.6% |
| 1995 | -100 % change on previous year | -146.2% |
| 1998 | 200 % change on previous year | -300.0% |
| 1999 | -100 % change on previous year | -150.0% |
| 2000 | 100 % change on previous year | -200.0% |
| 2004 | 0 % change on previous year | -100.0% |
| 2005 | 200 % change on previous year | — |
| 2006 | 0 % change on previous year | -100.0% |
| 2007 | -100 % change on previous year | — |
| 2015 | 100 % change on previous year | -200.0% |
| 2018 | -100 % change on previous year | -200.0% |
| 2019 | -100 % change on previous year | -0.0% |
| 2021 | 100 % change on previous year | -200.0% |
| 2023 | 100 % change on previous year | +0.0% |
| 2024 | 100 % change on previous year | +0.0% |
Iceland compared with similar countries
- Iceland's 100 % change on previous year is above the median for high income countries, which is -0.2597 % change on previous year. (60 countries reporting)
- Iceland's 100 % change on previous year is above the median for Europe & Central Asia, which is 23.84 % change on previous year, 4.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -92.17 % change on previous year | -508.7 % change on previous year | 27.77 % change on previous year | 9 |
| 1980s | -58.71 % change on previous year | -326.49 % change on previous year | 55.07 % change on previous year | 10 |
| 1990s | 27.93 % change on previous year | -100 % change on previous year | 216.61 % change on previous year | 8 |
| 2000s | 40 % change on previous year | -100 % change on previous year | 200 % change on previous year | 5 |
| 2010s | -33.33 % change on previous year | -100 % change on previous year | 100 % change on previous year | 3 |
| 2020s | 100 % change on previous year | 100 % change on previous year | 100 % change on previous year | 3 |
Countries ranked near Iceland
- 18 Greece 102.86 % change on previous year compare
- 19 Kosovo 100.5 % change on previous year compare
- 20 Central African Republic 100 % change on previous year compare
- 21 Armenia 100 % change on previous year compare
- 21 Belgium 100 % change on previous year compare
- 21 Burkina Faso 100 % change on previous year compare
- 21 Bulgaria 100 % change on previous year compare
- 21 Brazil 100 % change on previous year compare
- 21 Comoros 100 % change on previous year compare
- 21 Cuba 100 % change on previous year compare
- 21 Germany 100 % change on previous year compare
- 21 Denmark 100 % change on previous year compare
- 21 Spain 100 % change on previous year compare
- 21 Georgia 100 % change on previous year compare
- 21 Guinea-Bissau 100 % change on previous year compare
- 21 Greenland 100 % change on previous year compare
- 21 Guyana 100 % change on previous year compare
- 21 Croatia 100 % change on previous year compare
- 21 Israel 100 % change on previous year compare
- 21 Luxembourg 100 % change on previous year compare
- 21 Niger 100 % change on previous year compare
- 21 Portugal 100 % change on previous year compare
- 21 San Marino 100 % change on previous year compare
- 21 Somalia 100 % change on previous year compare
- 21 Slovakia 100 % change on previous year compare
- 21 Slovenia 100 % change on previous year compare
- 21 Sweden 100 % change on previous year compare
- 21 Eswatini 100 % change on previous year compare
- 21 Türkiye 100 % change on previous year compare
- 21 Uruguay 100 % change on previous year compare
- 21 Uzbekistan 100 % change on previous year compare
- 21 Zimbabwe 100 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp (current lcu), annual in Iceland?
- Discrepancy in expenditure estimate of gdp (current lcu), annual in Iceland was 100 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Iceland?
- The highest recorded value was 216.61 % change on previous year in 1994.
- What is the lowest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Iceland?
- The lowest recorded value was -508.7 % change on previous year in 1971.
- How does Iceland rank for discrepancy in expenditure estimate of gdp (current lcu), annual?
- Iceland ranks 21st out of 173 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp (current lcu), annual rising or falling in Iceland?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Discrepancy in expenditure estimate of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Discrepancy in expenditure estimate of GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.