GDP deflator in Iceland

Iceland: GDP deflator was 129.66 base year varies by country in 2024. β—† Volatile

Latest (2024)
129.66 base year varies by country
Change on year
up 5.9%
World rank
104th
of 208 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

050100150197019972024

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 104th of 208 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 101 Singapore 130.16 base year varies by country compare
  2. 102 Solomon Islands 129.81 base year varies by country compare
  3. 103 Malta 129.71 base year varies by country compare
  4. 105 Marshall Islands 128.44 base year varies by country compare
  5. 106 Curacao 128.12 base year varies by country compare
  6. 107 Afghanistan 127.91 base year varies by country compare

See the full ranking of 211 places β†’

More population data for Iceland

All data for Iceland β†’

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 104th out of 208 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.

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GDP deflator in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-2/iceland/

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,200 data points, 1970–2024
Last refreshed

February 2026 Data Release