Gross national expenditure deflator in Iceland
Iceland: Gross national expenditure deflator was 134.83 base year varies by country in 2025. ◆ Volatile
Latest (2025)
134.83 base year varies by country
Change on year
up 5.2%
World rank
82nd
of 169 countries
All-time high
134.83 base year varies by country
in 2025
All-time low
0.0777 base year varies by country
in 1970
Years of data
56
1970–2025
Gross national expenditure deflator in Iceland, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in base year varies by country.
Analysis
Iceland recorded 134.83 base year varies by country for gross national expenditure deflator in 2025. That is the highest value across all 56 years on record.
The figure is up 5.2% on the previous year and up 60.8% over ten years.
Over the whole period, gross national expenditure deflator in Iceland peaked at 134.83 base year varies by country in 2025 and was at its lowest, 0.0777 base year varies by country, in 1970.
That places Iceland 82nd out of 169 countries with data for 2025, putting it 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 in Iceland, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1970 | 0.0777 base year varies by country | — |
| 1971 | 0.0846 base year varies by country | +8.9% |
| 1972 | 0.1024 base year varies by country | +21.0% |
| 1973 | 0.129 base year varies by country | +25.9% |
| 1974 | 0.1784 base year varies by country | +38.3% |
| 1975 | 0.2666 base year varies by country | +49.4% |
| 1976 | 0.3526 base year varies by country | +32.3% |
| 1977 | 0.4494 base year varies by country | +27.5% |
| 1978 | 0.6502 base year varies by country | +44.7% |
| 1979 | 0.9463 base year varies by country | +45.5% |
| 1980 | 1.46 base year varies by country | +54.7% |
| 1981 | 2.17 base year varies by country | +48.1% |
| 1982 | 3.3 base year varies by country | +52.0% |
| 1983 | 6.07 base year varies by country | +84.2% |
| 1984 | 7.52 base year varies by country | +23.8% |
| 1985 | 10.1 base year varies by country | +34.4% |
| 1986 | 12.4 base year varies by country | +22.8% |
| 1987 | 14.57 base year varies by country | +17.4% |
| 1988 | 17.74 base year varies by country | +21.7% |
| 1989 | 22.31 base year varies by country | +25.8% |
| 1990 | 25.38 base year varies by country | +13.8% |
| 1991 | 26.94 base year varies by country | +6.2% |
| 1992 | 27.97 base year varies by country | +3.8% |
| 1993 | 28.78 base year varies by country | +2.9% |
| 1994 | 29.65 base year varies by country | +3.0% |
| 1995 | 30.28 base year varies by country | +2.1% |
| 1996 | 31.43 base year varies by country | +3.8% |
| 1997 | 32.12 base year varies by country | +2.2% |
| 1998 | 33.1 base year varies by country | +3.1% |
| 1999 | 34.26 base year varies by country | +3.5% |
| 2000 | 35.99 base year varies by country | +5.1% |
| 2001 | 39.13 base year varies by country | +8.7% |
| 2002 | 41.36 base year varies by country | +5.7% |
| 2003 | 42.14 base year varies by country | +1.9% |
| 2004 | 43.48 base year varies by country | +3.2% |
| 2005 | 44.24 base year varies by country | +1.8% |
| 2006 | 48.21 base year varies by country | +9.0% |
| 2007 | 50.83 base year varies by country | +5.4% |
| 2008 | 58.57 base year varies by country | +15.2% |
| 2009 | 66.53 base year varies by country | +13.6% |
| 2010 | 69.16 base year varies by country | +4.0% |
| 2011 | 72.09 base year varies by country | +4.2% |
| 2012 | 75.85 base year varies by country | +5.2% |
| 2013 | 78.61 base year varies by country | +3.6% |
| 2014 | 80.97 base year varies by country | +3.0% |
| 2015 | 83.83 base year varies by country | +3.5% |
| 2016 | 86.05 base year varies by country | +2.7% |
| 2017 | 86.82 base year varies by country | +0.9% |
| 2018 | 90.91 base year varies by country | +4.7% |
| 2019 | 95.49 base year varies by country | +5.0% |
| 2020 | 100 base year varies by country | +4.7% |
| 2021 | 104.62 base year varies by country | +4.6% |
| 2022 | 112.81 base year varies by country | +7.8% |
| 2023 | 121.83 base year varies by country | +8.0% |
| 2024 | 128.18 base year varies by country | +5.2% |
| 2025 | 134.83 base year varies by country | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3237 base year varies by country | 0.0777 base year varies by country | 0.9463 base year varies by country | 10 |
| 1980s | 9.76 base year varies by country | 1.46 base year varies by country | 22.31 base year varies by country | 10 |
| 1990s | 29.99 base year varies by country | 25.38 base year varies by country | 34.26 base year varies by country | 10 |
| 2000s | 47.05 base year varies by country | 35.99 base year varies by country | 66.53 base year varies by country | 10 |
| 2010s | 81.98 base year varies by country | 69.16 base year varies by country | 95.49 base year varies by country | 10 |
| 2020s | 117.05 base year varies by country | 100 base year varies by country | 134.83 base year varies by country | 6 |
Countries ranked near Iceland
- 79 Kuwait 136.44 base year varies by country compare
- 80 Guinea-Bissau 136.36 base year varies by country compare
- 81 Slovakia 135.89 base year varies by country compare
- 83 Serbia 134.41 base year varies by country compare
- 84 Latvia 132.88 base year varies by country compare
- 85 Croatia 132.75 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)
- Gross capital formation (constant 2015 US$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 15,584 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 12.67 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4237 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 41,663 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.9 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 54.43 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure deflator in Iceland?
- Gross national expenditure deflator in Iceland was 134.83 base year varies by country in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross national expenditure deflator recorded in Iceland?
- The highest recorded value was 134.83 base year varies by country in 2025.
- What is the lowest gross national expenditure deflator recorded in Iceland?
- The lowest recorded value was 0.0777 base year varies by country in 1970.
- How does Iceland rank for gross national expenditure deflator?
- Iceland ranks 82nd out of 169 countries with data for 2025.
- Is gross national expenditure deflator rising or falling in Iceland?
- Over the last ten years it is up 60.8%. 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 Offices (NSOs), published as part of Gross national expenditure deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.