GDP deflator (base year varies by country) (UNESCO Institute) in Iceland
Iceland: GDP deflator (base year varies by country) (UNESCO Institute) was 129.66 base year varies by country in 2024. ◆ Volatile
Latest (2024)
129.66 base year varies by country
Change on year
up 5.9%
World rank
107th
of 211 countries
All-time high
129.66 base year varies by country
in 2024
All-time low
0.0819 base year varies by country
in 1970
Years of data
55
1970–2024
GDP deflator in Iceland, 1970–2024
Source: UNESCO Institute for Statistics. Measured in base year varies by country.
Analysis
In 2024, gdp deflator in Iceland stood at 129.66 base year varies by country. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 58.3% over ten years.
Over the whole period, gdp deflator in Iceland peaked at 129.66 base year varies by country in 2024 and was at its lowest, 0.0819 base year varies by country, in 1970.
Iceland ranks 107th of 211 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 (base year varies by country) (UNESCO Institute) in Iceland, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1970 | 0.0819 base year varies by country | — |
| 1971 | 0.0922 base year varies by country | +12.6% |
| 1972 | 0.1091 base year varies by country | +18.3% |
| 1973 | 0.1435 base year varies by country | +31.5% |
| 1974 | 0.1976 base year varies by country | +37.7% |
| 1975 | 0.2803 base year varies by country | +41.9% |
| 1976 | 0.372 base year varies by country | +32.7% |
| 1977 | 0.4937 base year varies by country | +32.7% |
| 1978 | 0.7221 base year varies by country | +46.2% |
| 1979 | 1.02 base year varies by country | +40.9% |
| 1980 | 1.55 base year varies by country | +52.5% |
| 1981 | 2.31 base year varies by country | +49.2% |
| 1982 | 3.56 base year varies by country | +53.6% |
| 1983 | 6.3 base year varies by country | +77.3% |
| 1984 | 8 base year varies by country | +26.9% |
| 1985 | 10.57 base year varies by country | +32.1% |
| 1986 | 13.16 base year varies by country | +24.6% |
| 1987 | 15.79 base year varies by country | +19.9% |
| 1988 | 19.44 base year varies by country | +23.1% |
| 1989 | 23.89 base year varies by country | +22.9% |
| 1990 | 27.51 base year varies by country | +15.2% |
| 1991 | 29.81 base year varies by country | +8.4% |
| 1992 | 30.84 base year varies by country | +3.4% |
| 1993 | 31.41 base year varies by country | +1.8% |
| 1994 | 32.22 base year varies by country | +2.6% |
| 1995 | 33.19 base year varies by country | +3.0% |
| 1996 | 34.01 base year varies by country | +2.5% |
| 1997 | 34.95 base year varies by country | +2.8% |
| 1998 | 36.6 base year varies by country | +4.7% |
| 1999 | 37.88 base year varies by country | +3.5% |
| 2000 | 39.4 base year varies by country | +4.0% |
| 2001 | 42.83 base year varies by country | +8.7% |
| 2002 | 45.35 base year varies by country | +5.9% |
| 2003 | 45.57 base year varies by country | +0.5% |
| 2004 | 46.79 base year varies by country | +2.7% |
| 2005 | 48.22 base year varies by country | +3.1% |
| 2006 | 52.38 base year varies by country | +8.6% |
| 2007 | 54.65 base year varies by country | +4.3% |
| 2008 | 61.28 base year varies by country | +12.1% |
| 2009 | 67.9 base year varies by country | +10.8% |
| 2010 | 72.23 base year varies by country | +6.4% |
| 2011 | 74.46 base year varies by country | +3.1% |
| 2012 | 77.03 base year varies by country | +3.4% |
| 2013 | 78.66 base year varies by country | +2.1% |
| 2014 | 81.92 base year varies by country | +4.1% |
| 2015 | 86.88 base year varies by country | +6.1% |
| 2016 | 88.84 base year varies by country | +2.3% |
| 2017 | 89.68 base year varies by country | +0.9% |
| 2018 | 92.04 base year varies by country | +2.6% |
| 2019 | 96.14 base year varies by country | +4.5% |
| 2020 | 100 base year varies by country | +4.0% |
| 2021 | 106.37 base year varies by country | +6.4% |
| 2022 | 115.78 base year varies by country | +8.9% |
| 2023 | 122.48 base year varies by country | +5.8% |
| 2024 | 129.66 base year varies by country | +5.9% |
Iceland compared with similar countries
- Iceland's 129.66 base year varies by country is above the median for high income countries, which is 120.08 base year varies by country, 1.1× the median. (82 countries reporting)
- Iceland's 129.66 base year varies by country is above the median for Europe & Central Asia, which is 127.15 base year varies by country, 1.0× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) (UNESCO Institute) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +77.3% | 3.56 base year varies by country | 6.3 base year varies by country |
| 1982 | +53.6% | 2.31 base year varies by country | 3.56 base year varies by country |
| 1980 | +52.5% | 1.02 base year varies by country | 1.55 base year varies by country |
| 1981 | +49.2% | 1.55 base year varies by country | 2.31 base year varies by country |
| 1978 | +46.2% | 0.4937 base year varies by country | 0.7221 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.351 base year varies by country | 0.0819 base year varies by country | 1.02 base year varies by country | 10 |
| 1980s | 10.46 base year varies by country | 1.55 base year varies by country | 23.89 base year varies by country | 10 |
| 1990s | 32.84 base year varies by country | 27.51 base year varies by country | 37.88 base year varies by country | 10 |
| 2000s | 50.44 base year varies by country | 39.4 base year varies by country | 67.9 base year varies by country | 10 |
| 2010s | 83.79 base year varies by country | 72.23 base year varies by country | 96.14 base year varies by country | 10 |
| 2020s | 114.86 base year varies by country | 100 base year varies by country | 129.66 base year varies by country | 5 |
Countries ranked near Iceland
- 104 Singapore 130.16 base year varies by country compare
- 105 Solomon Islands 129.81 base year varies by country compare
- 106 Malta 129.71 base year varies by country compare
- 108 Marshall Islands 128.44 base year varies by country compare
- 109 Curacao 128.12 base year varies by country compare
- 110 Afghanistan 127.91 base year varies by country compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is gdp deflator in Iceland?
- Gdp deflator in Iceland was 129.66 base year varies by country in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp deflator recorded in Iceland?
- The highest recorded value was 129.66 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in Iceland?
- The lowest recorded value was 0.0819 base year varies by country in 1970.
- How does Iceland rank for gdp deflator?
- Iceland ranks 107th out of 211 countries with data for 2024.
- Is gdp deflator rising or falling in Iceland?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release