Statizoid

Australia vs Iceland: GDP growth

Australia
1.4%
in 2025
Iceland
1.3%
in 2025
Australia rank
164th
Iceland rank
167th

GDP growth over time

  • Australia
  • Iceland
-10-5051015196119932025

How they compare

Australia currently reports 1.4% against 1.3% in Iceland, a difference of 0.1%.

That makes Australia's figure about 1.1 times Iceland's.

The two have swapped places 24 times across 65 shared years of data; in 1961 it was Australia ahead.

Globally, Australia ranks 164th and Iceland ranks 167th of 214 countries.

Individual pages

About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
261 places, 14,323 data points, 1961–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.