GDP deflator in Iceland

Iceland: GDP deflator was 138.12 base year varies by country in 2025. ◆ Volatile

Latest (2025)
138.12 base year varies by country
Change on year
up 6.9%
World rank
97th
of 213 countries
All-time high
138.12 base year varies by country
in 2025
All-time low
0.0244 base year varies by country
in 1960
Years of data
66
1960–2025

GDP deflator in Iceland, 1960–2025

050100150196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.

Analysis

In 2025, gdp deflator in Iceland stood at 138.12 base year varies by country. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 6.9% on the previous year and up 62.5% over ten years.

Over the whole period, gdp deflator in Iceland peaked at 138.12 base year varies by country in 2025 and was at its lowest, 0.0244 base year varies by country, in 1960.

Iceland ranks 97th of 213 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0419 base year varies by country 0.0244 base year varies by country 0.0677 base year varies by country 10
1970s 0.3374 base year varies by country 0.0788 base year varies by country 0.978 base year varies by country 10
1980s 10.05 base year varies by country 1.49 base year varies by country 22.96 base year varies by country 10
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

  1. 94 Turkmenistan 139.4 base year varies by country compare
  2. 95 Samoa 138.27 base year varies by country compare
  3. 96 Mexico 138.22 base year varies by country compare
  4. 98 Palestine 137.75 base year varies by country compare
  5. 99 Marshall Islands 137.5 base year varies by country compare
  6. 100 Norway 137.46 base year varies by country compare

See the full ranking of 213 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is gdp deflator in Iceland?
Gdp deflator in Iceland was 138.12 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp deflator recorded in Iceland?
The highest recorded value was 138.12 base year varies by country in 2025.
What is the lowest gdp deflator recorded in Iceland?
The lowest recorded value was 0.0244 base year varies by country in 1960.
How does Iceland rank for gdp deflator?
Iceland ranks 97th out of 213 countries with data for 2025.
Is gdp deflator rising or falling in Iceland?
Over the last ten years it is up 62.5%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,579 data points, 1960–2025
Last refreshed

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 indicator is expressed as a ratio (a÷b).