Estonia vs Iceland: Gross value added at basic prices (GVA)

Estonia
23.85 billion constant 2015 US$
in 2025
Iceland
20.77 billion constant 2015 US$
in 2025
Estonia rank
110th
Iceland rank
113th

Gross value added at basic prices (GVA) over time

  • Estonia
  • Iceland
10.0B15.0B20.0B25.0B199520102025

How they compare

Estonia currently reports 23.85 billion constant 2015 US$ against 20.77 billion constant 2015 US$ in Iceland, a difference of 3.09 billion constant 2015 US$.

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

Across all 31 years both countries report, Estonia has been ahead every year.

Globally, Estonia ranks 110th and Iceland ranks 113th of 193 countries.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.