Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
6.88%+0.86pp (+14.2%)
Year 2025Rank #85 GlobalPeak 77.31% (1983)Source World Bank
Iceland GDP Deflator (1961–2025)
Overview
Iceland's gdp deflator stood at 6.88% in 2025, a rise of +0.86pp from 2024. Based on recent trends, this figure is projected to reach 6.88% by 2025. Iceland ranked 85th globally.
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
What is Iceland's gdp deflator?▾
Iceland's gdp deflator was 6.88% in 2025. Ranked 85th globally. This represents a 14.2% increase from the previous year.
What was the highest gdp deflator in Iceland?▾
Iceland's gdp deflator peaked at 77.31% in 1983.
What was the lowest gdp deflator in Iceland?▾
The lowest gdp deflator in Iceland was 0.49% in 2003.
How does Iceland rank in gdp deflator?▾
Iceland ranks 85th globally in gdp deflator as of 2025.
What is the World Bank indicator code for gdp deflator?▾
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
What is the projected gdp deflator of Iceland in 2025?▾
Iceland's gdp deflator is projected to reach 6.88% by 2025 based on trend extrapolation.
What is the gdp deflator of Iceland in 2025?▾
The gdp deflator of Iceland in 2025 was 6.88%. This ranks 85th in the world.
Cite this page
APA
Iceland GDP Deflator. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/iceland/gdp-deflator
BibTeX
@misc{historysaid_iceland_gdp-deflator,
title = {Iceland GDP Deflator},
url = {https://historysaid.com/iceland/gdp-deflator},
publisher = {HistorySaid},
year = {2026}
}