GDP deflator: linked series (base year varies by country) … annual in Iceland
Iceland: GDP deflator: linked series (base year varies by country) … annual was 6.87 % change on previous year in 2025. ◆ Volatile
GDP deflator: linked series (base year varies by country), annual in Iceland, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gdp deflator: linked series (base year varies by country), annual in Iceland stood at 6.87 % change on previous year.
The figure is up 13.5% on the previous year and up 1.8% over ten years.
Over the whole period, gdp deflator: linked series (base year varies by country), annual in Iceland peaked at 12.18 % change on previous year in 2008 and was at its lowest, 0.4893 % change on previous year, in 2003.
Iceland ranks 43rd of 212 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator: linked series (base year varies by country) … annual in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 8.37 % change on previous year | — |
| 1992 | 3.45 % change on previous year | -58.8% |
| 1993 | 1.83 % change on previous year | -46.9% |
| 1994 | 2.6 % change on previous year | +42.1% |
| 1995 | 3 % change on previous year | +15.1% |
| 1996 | 2.56 % change on previous year | -14.6% |
| 1997 | 2.79 % change on previous year | +8.8% |
| 1998 | 4.68 % change on previous year | +68.0% |
| 1999 | 3.45 % change on previous year | -26.2% |
| 2000 | 3.97 % change on previous year | +15.0% |
| 2001 | 8.68 % change on previous year | +118.5% |
| 2002 | 5.86 % change on previous year | -32.4% |
| 2003 | 0.4893 % change on previous year | -91.7% |
| 2004 | 2.66 % change on previous year | +444.1% |
| 2005 | 2.94 % change on previous year | +10.5% |
| 2006 | 8.68 % change on previous year | +195.0% |
| 2007 | 4.3 % change on previous year | -50.4% |
| 2008 | 12.18 % change on previous year | +183.1% |
| 2009 | 11.03 % change on previous year | -9.5% |
| 2010 | 6.55 % change on previous year | -40.6% |
| 2011 | 3.45 % change on previous year | -47.3% |
| 2012 | 3.51 % change on previous year | +1.6% |
| 2013 | 2.49 % change on previous year | -28.9% |
| 2014 | 4.21 % change on previous year | +69.0% |
| 2015 | 6.75 % change on previous year | +60.3% |
| 2016 | 2.7 % change on previous year | -60.0% |
| 2017 | 1.57 % change on previous year | -41.7% |
| 2018 | 3.1 % change on previous year | +97.3% |
| 2019 | 4.84 % change on previous year | +55.8% |
| 2020 | 4.34 % change on previous year | -10.2% |
| 2021 | 6.15 % change on previous year | +41.6% |
| 2022 | 8.83 % change on previous year | +43.6% |
| 2023 | 5.49 % change on previous year | -37.9% |
| 2024 | 6.06 % change on previous year | +10.4% |
| 2025 | 6.87 % change on previous year | +13.5% |
Iceland compared with similar countries
- Iceland's 6.87 % change on previous year is above the median for high income countries, which is 2.62 % change on previous year, 2.6× the median. (82 countries reporting)
- Iceland's 6.87 % change on previous year is above the median for Europe & Central Asia, which is 3.48 % change on previous year, 2.0× the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP deflator: linked series (base year varies by country) … annual 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 |
|---|---|---|---|
| 2004 | +444.1% | 0.4893 % change on previous year | 2.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.64 % change on previous year | 1.83 % change on previous year | 8.37 % change on previous year | 9 |
| 2000s | 6.08 % change on previous year | 0.4893 % change on previous year | 12.18 % change on previous year | 10 |
| 2010s | 3.92 % change on previous year | 1.57 % change on previous year | 6.75 % change on previous year | 10 |
| 2020s | 6.29 % change on previous year | 4.34 % change on previous year | 8.83 % change on previous year | 6 |
Countries ranked near Iceland
- 40 Bulgaria 7.41 % change on previous year compare
- 41 San Marino 7.36 % change on previous year compare
- 42 Rwanda 7.35 % change on previous year compare
- 44 Papua New Guinea 6.87 % change on previous year compare
- 45 Chile 6.8 % change on previous year compare
- 46 Moldova 6.56 % change on previous year compare
More financial sector data for Iceland
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 243.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 177.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 243.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator: linked series (base year varies by country), annual in Iceland?
- Gdp deflator: linked series (base year varies by country), annual in Iceland was 6.87 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp deflator: linked series (base year varies by country), annual recorded in Iceland?
- The highest recorded value was 12.18 % change on previous year in 2008.
- What is the lowest gdp deflator: linked series (base year varies by country), annual recorded in Iceland?
- The lowest recorded value was 0.4893 % change on previous year in 2003.
- How does Iceland rank for gdp deflator: linked series (base year varies by country), annual?
- Iceland ranks 43rd out of 212 countries with data for 2025.
- Is gdp deflator: linked series (base year varies by country), annual rising or falling in Iceland?
- Over the last ten years it is up 1.8%. 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 GDP deflator: linked series (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator: linked series (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator: linked series Staff estimates, World Bank (WB)
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
The year-on-year percentage change in GDP deflator: linked series (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.