Iceland vs Rwanda: Inflation, GDP deflator

Iceland

6.9%

in 2025

Rwanda

7.4%

in 2025

Iceland rank

43rd

Rwanda rank

42nd

Inflation, GDP deflator over time

Iceland
Rwanda

How they compare

Rwanda currently reports 7.4% against 6.9% in Iceland, a difference of 0.5%.

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

The two have swapped places 21 times across 65 shared years of data; in 1961 it was Iceland ahead.

Globally, Iceland ranks 43rd and Rwanda ranks 42nd of 213 countries.

Individual pages

About this data

Indicator: Inflation, GDP deflator (annual %)
Unit: annual %
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 260 places, 14,212 data points, 1961–2025
Last refreshed: 06 August 2026

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.