Gross national expenditure deflator (base year varies by country) in Iceland

Iceland: Gross national expenditure deflator (base year varies by country) was 5.19 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.19 % change on previous year
Change on year
down 0.6%
World rank
43rd
of 168 countries
All-time high
84.19 % change on previous year
in 1983
All-time low
0.8926 % change on previous year
in 2017
Years of data
55
1971–2025

Gross national expenditure deflator (base year varies by country) in Iceland, 1971–2025

020406080197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national expenditure deflator (base year varies by country) in Iceland is 5.19 % change on previous year, measured in 2025.

The figure is down 0.6% on the previous year and up 47.0% over ten years.

Over the whole period, gross national expenditure deflator (base year varies by country) in Iceland peaked at 84.19 % change on previous year in 1983 and was at its lowest, 0.8926 % change on previous year, in 2017.

Iceland ranks 43rd of 168 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.

Gross national expenditure deflator (base year varies by country) in Iceland, year by year

Annual values for Gross national expenditure deflator (base year varies by country), annual growth rate in Iceland, 1971 to 2025.
Year % change on previous year Change
1971 8.89 % change on previous year
1972 21 % change on previous year +136.2%
1973 25.93 % change on previous year +23.4%
1974 38.3 % change on previous year +47.7%
1975 49.44 % change on previous year +29.1%
1976 32.26 % change on previous year -34.8%
1977 27.48 % change on previous year -14.8%
1978 44.67 % change on previous year +62.6%
1979 45.54 % change on previous year +1.9%
1980 54.71 % change on previous year +20.1%
1981 48.1 % change on previous year -12.1%
1982 52.05 % change on previous year +8.2%
1983 84.19 % change on previous year +61.8%
1984 23.8 % change on previous year -71.7%
1985 34.4 % change on previous year +44.5%
1986 22.77 % change on previous year -33.8%
1987 17.44 % change on previous year -23.4%
1988 21.75 % change on previous year +24.7%
1989 25.78 % change on previous year +18.5%
1990 13.77 % change on previous year -46.6%
1991 6.16 % change on previous year -55.2%
1992 3.8 % change on previous year -38.4%
1993 2.92 % change on previous year -23.2%
1994 3.02 % change on previous year +3.7%
1995 2.1 % change on previous year -30.5%
1996 3.8 % change on previous year +80.9%
1997 2.19 % change on previous year -42.5%
1998 3.06 % change on previous year +39.8%
1999 3.5 % change on previous year +14.5%
2000 5.05 % change on previous year +44.4%
2001 8.74 % change on previous year +73.0%
2002 5.69 % change on previous year -34.9%
2003 1.87 % change on previous year -67.1%
2004 3.19 % change on previous year +70.3%
2005 1.76 % change on previous year -44.9%
2006 8.98 % change on previous year +410.6%
2007 5.43 % change on previous year -39.5%
2008 15.23 % change on previous year +180.3%
2009 13.58 % change on previous year -10.8%
2010 3.96 % change on previous year -70.9%
2011 4.24 % change on previous year +7.2%
2012 5.21 % change on previous year +22.8%
2013 3.63 % change on previous year -30.3%
2014 3.01 % change on previous year -17.2%
2015 3.53 % change on previous year +17.4%
2016 2.65 % change on previous year -24.9%
2017 0.8926 % change on previous year -66.3%
2018 4.72 % change on previous year +428.8%
2019 5.04 % change on previous year +6.7%
2020 4.72 % change on previous year -6.3%
2021 4.62 % change on previous year -2.1%
2022 7.83 % change on previous year +69.6%
2023 7.99 % change on previous year +2.0%
2024 5.22 % change on previous year -34.7%
2025 5.19 % change on previous year -0.6%

Biggest year-on-year movements

Years where Gross national expenditure deflator (base year varies by country) in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +428.8% 0.8926 % change on previous year 4.72 % change on previous year
2006 +410.6% 1.76 % change on previous year 8.98 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 32.61 % change on previous year 8.89 % change on previous year 49.44 % change on previous year 9
1980s 38.5 % change on previous year 17.44 % change on previous year 84.19 % change on previous year 10
1990s 4.43 % change on previous year 2.1 % change on previous year 13.77 % change on previous year 10
2000s 6.95 % change on previous year 1.76 % change on previous year 15.23 % change on previous year 10
2010s 3.69 % change on previous year 0.8926 % change on previous year 5.21 % change on previous year 10
2020s 5.93 % change on previous year 4.62 % change on previous year 7.99 % change on previous year 6

Countries ranked near Iceland

  1. 40 Lesotho 6 % change on previous year compare
  2. 41 Togo 5.44 % change on previous year compare
  3. 42 Colombia 5.4 % change on previous year compare
  4. 44 Kiribati 5.17 % change on previous year compare
  5. 45 Bolivia 4.93 % change on previous year compare
  6. 46 Nepal 4.86 % change on previous year compare

See the full ranking of 168 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gross national expenditure deflator (base year varies by country) in Iceland?
Gross national expenditure deflator (base year varies by country) in Iceland was 5.19 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross national expenditure deflator (base year varies by country) recorded in Iceland?
The highest recorded value was 84.19 % change on previous year in 1983.
What is the lowest gross national expenditure deflator (base year varies by country) recorded in Iceland?
The lowest recorded value was 0.8926 % change on previous year in 2017.
How does Iceland rank for gross national expenditure deflator (base year varies by country)?
Iceland ranks 43rd out of 168 countries with data for 2025.
Is gross national expenditure deflator (base year varies by country) rising or falling in Iceland?
Over the last ten years it is up 47.0%. 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 Gross national expenditure deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure deflator (base year varies by country) in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-deflator-base-year-varies-by-country-annual-growth-rate/iceland/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross national expenditure deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 6,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.