GDP deflator in Iceland
Iceland: GDP deflator was 138.12 base year varies by country in 2025. ◆ Volatile
Latest (2025)
138.12 base year varies by country
Change on year
up 6.9%
World rank
97th
of 212 countries
All-time high
138.12 base year varies by country
in 2025
All-time low
0.0244 base year varies by country
in 1960
Years of data
66
1960–2025
GDP deflator in Iceland, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
In 2025, gdp deflator in Iceland stood at 138.12 base year varies by country. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 62.5% over ten years.
Over the whole period, gdp deflator in Iceland peaked at 138.12 base year varies by country in 2025 and was at its lowest, 0.0244 base year varies by country, in 1960.
Iceland ranks 97th of 212 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.
GDP deflator in Iceland, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1960 | 0.0244 base year varies by country | — |
| 1961 | 0.0276 base year varies by country | +13.3% |
| 1962 | 0.0307 base year varies by country | +11.1% |
| 1963 | 0.0332 base year varies by country | +8.2% |
| 1964 | 0.0386 base year varies by country | +16.2% |
| 1965 | 0.0434 base year varies by country | +12.4% |
| 1966 | 0.0479 base year varies by country | +10.4% |
| 1967 | 0.0492 base year varies by country | +2.8% |
| 1968 | 0.056 base year varies by country | +13.7% |
| 1969 | 0.0677 base year varies by country | +20.9% |
| 1970 | 0.0788 base year varies by country | +16.4% |
| 1971 | 0.0887 base year varies by country | +12.6% |
| 1972 | 0.1049 base year varies by country | +18.3% |
| 1973 | 0.1379 base year varies by country | +31.5% |
| 1974 | 0.1899 base year varies by country | +37.7% |
| 1975 | 0.2695 base year varies by country | +41.9% |
| 1976 | 0.3577 base year varies by country | +32.7% |
| 1977 | 0.4746 base year varies by country | +32.7% |
| 1978 | 0.6942 base year varies by country | +46.2% |
| 1979 | 0.978 base year varies by country | +40.9% |
| 1980 | 1.49 base year varies by country | +52.5% |
| 1981 | 2.22 base year varies by country | +49.2% |
| 1982 | 3.42 base year varies by country | +53.6% |
| 1983 | 6.06 base year varies by country | +77.3% |
| 1984 | 7.69 base year varies by country | +26.9% |
| 1985 | 10.16 base year varies by country | +32.1% |
| 1986 | 12.65 base year varies by country | +24.6% |
| 1987 | 15.18 base year varies by country | +19.9% |
| 1988 | 18.69 base year varies by country | +23.1% |
| 1989 | 22.96 base year varies by country | +22.9% |
| 1990 | 26.45 base year varies by country | +15.2% |
| 1991 | 28.66 base year varies by country | +8.4% |
| 1992 | 29.65 base year varies by country | +3.4% |
| 1993 | 30.19 base year varies by country | +1.8% |
| 1994 | 30.98 base year varies by country | +2.6% |
| 1995 | 31.91 base year varies by country | +3.0% |
| 1996 | 32.72 base year varies by country | +2.6% |
| 1997 | 33.64 base year varies by country | +2.8% |
| 1998 | 35.21 base year varies by country | +4.7% |
| 1999 | 36.43 base year varies by country | +3.5% |
| 2000 | 37.87 base year varies by country | +4.0% |
| 2001 | 41.16 base year varies by country | +8.7% |
| 2002 | 43.57 base year varies by country | +5.9% |
| 2003 | 43.79 base year varies by country | +0.5% |
| 2004 | 44.95 base year varies by country | +2.7% |
| 2005 | 46.27 base year varies by country | +2.9% |
| 2006 | 50.29 base year varies by country | +8.7% |
| 2007 | 52.45 base year varies by country | +4.3% |
| 2008 | 58.84 base year varies by country | +12.2% |
| 2009 | 65.33 base year varies by country | +11.0% |
| 2010 | 69.62 base year varies by country | +6.6% |
| 2011 | 72.02 base year varies by country | +3.5% |
| 2012 | 74.54 base year varies by country | +3.5% |
| 2013 | 76.4 base year varies by country | +2.5% |
| 2014 | 79.62 base year varies by country | +4.2% |
| 2015 | 85 base year varies by country | +6.8% |
| 2016 | 87.29 base year varies by country | +2.7% |
| 2017 | 88.67 base year varies by country | +1.6% |
| 2018 | 91.42 base year varies by country | +3.1% |
| 2019 | 95.84 base year varies by country | +4.8% |
| 2020 | 100 base year varies by country | +4.3% |
| 2021 | 106.15 base year varies by country | +6.1% |
| 2022 | 115.53 base year varies by country | +8.8% |
| 2023 | 121.86 base year varies by country | +5.5% |
| 2024 | 129.24 base year varies by country | +6.1% |
| 2025 | 138.12 base year varies by country | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0419 base year varies by country | 0.0244 base year varies by country | 0.0677 base year varies by country | 10 |
| 1970s | 0.3374 base year varies by country | 0.0788 base year varies by country | 0.978 base year varies by country | 10 |
| 1980s | 10.05 base year varies by country | 1.49 base year varies by country | 22.96 base year varies by country | 10 |
| 1990s | 31.58 base year varies by country | 26.45 base year varies by country | 36.43 base year varies by country | 10 |
| 2000s | 48.45 base year varies by country | 37.87 base year varies by country | 65.33 base year varies by country | 10 |
| 2010s | 82.04 base year varies by country | 69.62 base year varies by country | 95.84 base year varies by country | 10 |
| 2020s | 118.48 base year varies by country | 100 base year varies by country | 138.12 base year varies by country | 6 |
Countries ranked near Iceland
- 94 Turkmenistan 139.4 base year varies by country compare
- 95 Samoa 138.27 base year varies by country compare
- 96 Mexico 138.22 base year varies by country compare
- 98 Palestine, State of 137.75 base year varies by country compare
- 99 Marshall Islands 137.5 base year varies by country compare
- 100 Norway 137.46 base year varies by country 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)
- GNI, Atlas method (current US$), annual growth rate 11.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9074 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 89,219 current US$ per person (2025)
- GNI (current US$), annual growth rate 17.05 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9978 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 98,107 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.97 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 128.16 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator in Iceland?
- Gdp deflator in Iceland was 138.12 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Iceland?
- The highest recorded value was 138.12 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in Iceland?
- The lowest recorded value was 0.0244 base year varies by country in 1960.
- How does Iceland rank for gdp deflator?
- Iceland ranks 97th out of 212 countries with data for 2025.
- Is gdp deflator rising or falling in Iceland?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is volatile.
- 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 GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).