GDP deflator: linked series in Iceland
Iceland: GDP deflator: linked series was 138.12 base year varies by country in 2025. ▲ Rising
GDP deflator: linked series in Iceland, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in base year varies by country.
Analysis
In 2025, gdp deflator: linked series in Iceland stood at 138.12 base year varies by country. That is the highest value across all 36 years on record.
The figure is up 6.9% on the previous year and up 62.5% over ten years.
Over the whole period, gdp deflator: linked series in Iceland peaked at 138.12 base year varies by country in 2025 and was at its lowest, 26.45 base year varies by country, in 1990.
That places Iceland 97th out of 212 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
GDP deflator: linked series in Iceland, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1990 | 26.45 base year varies by country | — |
| 1991 | 28.66 base year varies by country | +8.4% |
| 1992 | 29.65 base year varies by country | +3.4% |
| 1993 | 30.19 base year varies by country | +1.8% |
| 1994 | 30.98 base year varies by country | +2.6% |
| 1995 | 31.91 base year varies by country | +3.0% |
| 1996 | 32.72 base year varies by country | +2.6% |
| 1997 | 33.64 base year varies by country | +2.8% |
| 1998 | 35.21 base year varies by country | +4.7% |
| 1999 | 36.43 base year varies by country | +3.5% |
| 2000 | 37.87 base year varies by country | +4.0% |
| 2001 | 41.16 base year varies by country | +8.7% |
| 2002 | 43.57 base year varies by country | +5.9% |
| 2003 | 43.79 base year varies by country | +0.5% |
| 2004 | 44.95 base year varies by country | +2.7% |
| 2005 | 46.27 base year varies by country | +2.9% |
| 2006 | 50.29 base year varies by country | +8.7% |
| 2007 | 52.45 base year varies by country | +4.3% |
| 2008 | 58.84 base year varies by country | +12.2% |
| 2009 | 65.33 base year varies by country | +11.0% |
| 2010 | 69.62 base year varies by country | +6.6% |
| 2011 | 72.02 base year varies by country | +3.5% |
| 2012 | 74.54 base year varies by country | +3.5% |
| 2013 | 76.4 base year varies by country | +2.5% |
| 2014 | 79.62 base year varies by country | +4.2% |
| 2015 | 85 base year varies by country | +6.8% |
| 2016 | 87.29 base year varies by country | +2.7% |
| 2017 | 88.67 base year varies by country | +1.6% |
| 2018 | 91.42 base year varies by country | +3.1% |
| 2019 | 95.84 base year varies by country | +4.8% |
| 2020 | 100 base year varies by country | +4.3% |
| 2021 | 106.15 base year varies by country | +6.1% |
| 2022 | 115.53 base year varies by country | +8.8% |
| 2023 | 121.86 base year varies by country | +5.5% |
| 2024 | 129.24 base year varies by country | +6.1% |
| 2025 | 138.12 base year varies by country | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.58 base year varies by country | 26.45 base year varies by country | 36.43 base year varies by country | 10 |
| 2000s | 48.45 base year varies by country | 37.87 base year varies by country | 65.33 base year varies by country | 10 |
| 2010s | 82.04 base year varies by country | 69.62 base year varies by country | 95.84 base year varies by country | 10 |
| 2020s | 118.48 base year varies by country | 100 base year varies by country | 138.12 base year varies by country | 6 |
Countries ranked near Iceland
- 94 Turkmenistan 139.4 base year varies by country compare
- 95 Samoa 138.27 base year varies by country compare
- 96 Mexico 138.22 base year varies by country compare
- 98 Palestine, State of 137.75 base year varies by country compare
- 99 Marshall Islands 137.5 base year varies by country compare
- 100 Norway 137.46 base year varies by country compare
More financial sector data for Iceland
- Net domestic credit (current LCU), per capita 11.64 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 118.35 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.23 million SDR (2025)
- Gold reserves at market value 203.48 million SDR (2025)
- Reserves excluding gold, foreign exchange 4.94 billion SDR (2025)
- Reserves excluding gold 5.44 billion SDR (2025)
- Total reserves (gold at market value) 5.65 billion SDR (2025)
- Total reserves (gold at national valuation) 5.64 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
Frequently asked questions
- What is gdp deflator: linked series in Iceland?
- Gdp deflator: linked series in Iceland was 138.12 base year varies by country in 2025, according to Staff estimates, World Bank (WB).
- What is the highest gdp deflator: linked series recorded in Iceland?
- The highest recorded value was 138.12 base year varies by country in 2025.
- What is the lowest gdp deflator: linked series recorded in Iceland?
- The lowest recorded value was 26.45 base year varies by country in 1990.
- How does Iceland rank for gdp deflator: linked series?
- Iceland ranks 97th out of 212 countries with data for 2025.
- Is gdp deflator: linked series rising or falling in Iceland?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of GDP deflator: linked series (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).