Iceland vs Mexico: GDP (current LCU), annual growth rate

Iceland
6.4 % change on previous year
in 2024
Mexico
6.46 % change on previous year
in 2024
Iceland rank
126th
Mexico rank
123rd

GDP (current LCU), annual growth rate over time

  • Iceland
  • Mexico
050100150197119972024

How they compare

Mexico currently reports 6.46 % change on previous year against 6.4 % change on previous year in Iceland, a difference of 0.06 % change on previous year.

The two have swapped places 11 times across 54 shared years of data; in 1971 it was Iceland ahead.

Iceland ranks 126th and Mexico ranks 123rd of 211 countries.

Across the 6 decades both report, Iceland averaged higher in 3 and Mexico in 3.

Head to head by decade

Decade Iceland Mexico Difference Ahead
1970s 41.05 % change on previous year 24.18 % change on previous year 16.88 % change on previous year Iceland
1980s 42.46 % change on previous year 70.52 % change on previous year 28.06 % change on previous year Mexico
1990s 7.31 % change on previous year 27.52 % change on previous year 20.21 % change on previous year Mexico
2000s 9.7 % change on previous year 7.86 % change on previous year 1.84 % change on previous year Iceland
2010s 6.43 % change on previous year 7.04 % change on previous year 0.6146 % change on previous year Mexico
2020s 9.06 % change on previous year 6.33 % change on previous year 2.73 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current lcu), annual growth rate, Iceland or Mexico?
Mexico, at 6.46 % change on previous year against 6.4 % change on previous year in Iceland as of 2024.
What is the difference in gdp (current lcu), annual growth rate between Iceland and Mexico?
0.06 % change on previous year, with Mexico ahead.
How many years of comparable data are there for Iceland and Mexico?
54 years are reported by both, from 1971 to 2024.
How do Iceland and Mexico rank globally for gdp (current lcu), annual growth rate?
Iceland ranks 126th and Mexico ranks 123rd of 211 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mexico: GDP (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gdp-current-lcu-annual-growth-rate-2/iceland/mexico/

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About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.