GDP Deflator — Value US$, 2015 prices, per square kilometre in Iceland
Iceland: GDP Deflator — Value US$, 2015 prices, per square kilometre was 0.0013 USD per square kilometre in 2023. ▲ Rising
GDP Deflator — Value US$, 2015 prices, per square kilometre in Iceland, 1970–2023
Source: Statizoid (derived). Measured in USD per square kilometre.
Analysis
Iceland recorded 0.0013 USD per square kilometre for gdp deflator — value us$, 2015 prices, per square kilometre in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 37.1% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, per square kilometre in Iceland peaked at 0.0013 USD per square kilometre in 2023 and was at its lowest, 0.0001 USD per square kilometre, in 1970.
That places Iceland 92nd out of 182 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
GDP Deflator — Value US$, 2015 prices, per square kilometre in Iceland, year by year
| Year | USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 USD per square kilometre | — |
| 1971 | 0.0002 USD per square kilometre | +12.6% |
| 1972 | 0.0002 USD per square kilometre | +18.0% |
| 1973 | 0.0002 USD per square kilometre | +28.7% |
| 1974 | 0.0003 USD per square kilometre | +24.2% |
| 1975 | 0.0003 USD per square kilometre | -7.7% |
| 1976 | 0.0003 USD per square kilometre | +12.0% |
| 1977 | 0.0004 USD per square kilometre | +21.6% |
| 1978 | 0.0004 USD per square kilometre | +7.3% |
| 1979 | 0.0004 USD per square kilometre | +8.3% |
| 1980 | 0.0005 USD per square kilometre | +12.1% |
| 1981 | 0.0005 USD per square kilometre | -0.9% |
| 1982 | 0.0004 USD per square kilometre | -10.1% |
| 1983 | 0.0004 USD per square kilometre | -11.8% |
| 1984 | 0.0004 USD per square kilometre | -0.5% |
| 1985 | 0.0004 USD per square kilometre | +0.9% |
| 1986 | 0.0005 USD per square kilometre | +25.8% |
| 1987 | 0.0006 USD per square kilometre | +27.5% |
| 1988 | 0.0007 USD per square kilometre | +10.7% |
| 1989 | 0.0006 USD per square kilometre | -7.3% |
| 1990 | 0.0007 USD per square kilometre | +12.7% |
| 1991 | 0.0008 USD per square kilometre | +7.1% |
| 1992 | 0.0008 USD per square kilometre | +6.1% |
| 1993 | 0.0007 USD per square kilometre | -13.3% |
| 1994 | 0.0007 USD per square kilometre | -0.8% |
| 1995 | 0.0008 USD per square kilometre | +11.4% |
| 1996 | 0.0008 USD per square kilometre | -0.3% |
| 1997 | 0.0007 USD per square kilometre | -3.6% |
| 1998 | 0.0008 USD per square kilometre | +4.6% |
| 1999 | 0.0008 USD per square kilometre | +1.5% |
| 2000 | 0.0008 USD per square kilometre | -4.3% |
| 2001 | 0.0007 USD per square kilometre | -12.3% |
| 2002 | 0.0007 USD per square kilometre | +12.5% |
| 2003 | 0.0009 USD per square kilometre | +20.1% |
| 2004 | 0.001 USD per square kilometre | +12.2% |
| 2005 | 0.0012 USD per square kilometre | +14.9% |
| 2006 | 0.0011 USD per square kilometre | -2.5% |
| 2007 | 0.0013 USD per square kilometre | +14.3% |
| 2008 | 0.0011 USD per square kilometre | -18.3% |
| 2009 | 0.0008 USD per square kilometre | -21.2% |
| 2010 | 0.0009 USD per square kilometre | +7.6% |
| 2011 | 0.001 USD per square kilometre | +8.7% |
| 2012 | 0.0009 USD per square kilometre | -4.1% |
| 2013 | 0.001 USD per square kilometre | +4.6% |
| 2014 | 0.0011 USD per square kilometre | +9.0% |
| 2015 | 0.001 USD per square kilometre | -6.1% |
| 2016 | 0.0011 USD per square kilometre | +11.7% |
| 2017 | 0.0013 USD per square kilometre | +14.1% |
| 2018 | 0.0013 USD per square kilometre | +0.7% |
| 2019 | 0.0012 USD per square kilometre | -7.7% |
| 2020 | 0.0011 USD per square kilometre | -5.8% |
| 2021 | 0.0013 USD per square kilometre | +13.4% |
| 2022 | 0.0013 USD per square kilometre | +2.2% |
| 2023 | 0.0013 USD per square kilometre | +3.7% |
Iceland compared with similar countries
- Iceland's 0.0013 USD per square kilometre is below the median for high income countries, which is 0.0027 USD per square kilometre, 49% of the median. (68 countries reporting)
- Iceland's 0.0013 USD per square kilometre is below the median for Europe & Central Asia, which is 0.0016 USD per square kilometre, 84% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0003 USD per square kilometre | 0.0001 USD per square kilometre | 0.0004 USD per square kilometre | 10 |
| 1980s | 0.0005 USD per square kilometre | 0.0004 USD per square kilometre | 0.0007 USD per square kilometre | 10 |
| 1990s | 0.0008 USD per square kilometre | 0.0007 USD per square kilometre | 0.0008 USD per square kilometre | 10 |
| 2000s | 0.001 USD per square kilometre | 0.0007 USD per square kilometre | 0.0013 USD per square kilometre | 10 |
| 2010s | 0.0011 USD per square kilometre | 0.0009 USD per square kilometre | 0.0013 USD per square kilometre | 10 |
| 2020s | 0.0012 USD per square kilometre | 0.0011 USD per square kilometre | 0.0013 USD per square kilometre | 4 |
Countries ranked near Iceland
- 89 Hungary 0.0015 USD per square kilometre compare
- 90 Austria 0.0015 USD per square kilometre compare
- 91 Portugal 0.0013 USD per square kilometre compare
- 93 Jordan 0.0013 USD per square kilometre compare
- 94 Guatemala 0.0012 USD per square kilometre compare
- 95 Malawi 0.0011 USD per square kilometre 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$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, per square kilometre in Iceland?
- Gdp deflator — value us$, 2015 prices, per square kilometre in Iceland was 0.0013 USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, per square kilometre recorded in Iceland?
- The highest recorded value was 0.0013 USD per square kilometre in 2023.
- What is the lowest gdp deflator — value us$, 2015 prices, per square kilometre recorded in Iceland?
- The lowest recorded value was 0.0001 USD per square kilometre in 1970.
- How does Iceland rank for gdp deflator — value us$, 2015 prices, per square kilometre?
- Iceland ranks 92nd out of 182 countries with data for 2023.
- Is gdp deflator — value us$, 2015 prices, per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP Deflator — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP Deflator — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP Deflator — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.