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Iceland - GDP Deflator 1988

Name: Iceland GDP Deflator 1988
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Inflation as measured by annual growth rate of GDP implicit deflator · World Bank

23.14% +3.19pp from 1987 Global rank: 142nd

Iceland's gdp deflator was 23.14% in 1988, increased +3.19pp from 19.95% in 1987. This was the 142nd highest globally.

Global Ranking - 1988▾

GDP Deflator by Country - 1988
Rank	Country	Value	YoY
1st	Libya	-17.78%	-185.0%
2nd	Ecuador	-11.61%	-33.5%
3rd	Brunei Darussalam	-10.51%	-193.8%
4th	Congo, Republic of	-6.23%	-181.6%
5th	Bulgaria	-5.39%	-8,542.7%
6th	Niger	-5.30%	-414.6%
7th	Kiribati	-4.89%	-168.3%
8th	Saudi Arabia	-3.39%	-217.5%
9th	Turkmenistan	-2.72%	-
10th	Tajikistan	-2.57%	-144.2%
11th	Georgia	-2.23%	-195.6%
12th	Kyrgyz Republic	-1.88%	-
13th	Uzbekistan	-1.31%	-
14th	Senegal	-1.14%	34.3%
15th	Benin	-0.61%	-120.2%
16th	Mali	-0.46%	-522.1%
17th	Côte d'Ivoire	-0.38%	90.7%
18th	Panama	-0.19%	-108.4%
19th	Albania	0.00%	-89.0%
20th	St. Vincent and the Grenadines	0.22%	-97.5%
21st	St. Lucia	0.44%	-93.0%
22nd	Japan	0.61%	472.3%
23rd	Cameroon	0.81%	134.0%
24th	Netherlands	0.82%	178.2%
25th	Mongolia	0.93%	15.0%
26th	Cuba	1.23%	102.0%
27th	Jordan	1.27%	597.4%
28th	Oman	1.32%	-88.2%
29th	Comoros	1.38%	-56.5%
30th	Bahamas, The	1.48%	-77.5%
31st	Austria	1.53%	-37.3%
32nd	Germany	1.69%	32.1%
33rd	Ukraine	1.72%	-
34th	Malta	1.86%	-39.1%
35th	Bahrain	2.01%	204.9%
36th	Belgium	2.17%	28.8%
37th	Angola	2.21%	-77.5%
38th	Rwanda	2.23%	234.5%
39th	United Arab Emirates	2.38%	-35.4%
40th	Liechtenstein	2.51%	-0.6%
41st	New Caledonia	2.56%	50.3%
42nd	Togo	2.59%	55.9%
43rd	Gabon	2.62%	163.3%
44th	Central African Republic	2.62%	213.9%
45th	Barbados	2.76%	-62.4%
46th	Luxembourg	2.78%	4,304.4%
47th	Switzerland	2.79%	27.2%
48th	Kuwait	2.97%	-72.5%
49th	Monaco	3.08%	10.7%
50th	Aruba	3.11%	-13.5%
51st	France	3.18%	28.7%
52nd	Cyprus	3.19%	-17.3%
53rd	European Union	3.22%	-6.8%
54th	Ireland	3.25%	47.7%
55th	Burkina Faso	3.41%	175.5%
56th	Belize	3.44%	-54.7%
57th	Burundi	3.49%	202.1%
58th	United States	3.53%	42.4%
59th	Malaysia	3.62%	-52.8%
60th	Morocco	3.67%	21.8%
61st	Puerto Rico (US)	3.72%	15.8%
62nd	Denmark	3.86%	-18.1%
63rd	El Salvador	3.91%	64.5%
64th	Seychelles	3.93%	6.9%
65th	Equatorial Guinea	3.98%	162.0%
66th	Marshall Islands	4.12%	44.2%
67th	Trinidad and Tobago	4.16%	-14.3%
68th	Micronesia, Federated States of	4.20%	51.7%
69th	Isle of Man	4.44%	-17.4%
70th	Dominica	4.50%	-21.0%
71st	Maldives	4.53%	-74.8%
72nd	Canada	4.54%	-5.3%
73rd	French Polynesia	4.55%	21.5%
74th	Qatar	4.68%	-39.5%
75th	Norway	4.87%	-32.6%
76th	Bermuda	4.89%	-24.6%
77th	Mauritania	5.38%	-48.5%
78th	Cabo Verde	5.41%	-22.3%
79th	Singapore	5.43%	920.0%
80th	Honduras	5.45%	10.2%
81st	Thailand	5.92%	25.3%
82nd	Andorra	5.94%	-0.1%
83rd	Spain	5.94%	-0.1%
84th	Greenland	6.35%	37.4%
85th	Tuvalu	6.45%	93.1%
86th	Kenya	6.46%	19.5%
87th	Sweden	6.57%	39.2%
88th	Italy	6.65%	10.7%
89th	Grenada	6.76%	33.6%
90th	United Kingdom	6.84%	9.0%
91st	St. Kitts and Nevis	7.01%	14.8%
92nd	Korea	7.03%	43.5%
93rd	Nauru	7.14%	-22.9%
94th	Australia	7.18%	2.0%
95th	Fiji	7.33%	-0.2%
96th	Bangladesh	7.50%	-32.6%
97th	Indonesia	7.63%	-52.3%
98th	Finland	7.68%	79.0%
99th	Tunisia	7.70%	49.0%
100th	Zimbabwe	7.79%	8.3%
101st	New Zealand	7.91%	-31.1%
102nd	Papua New Guinea	7.92%	-0.6%
103rd	Palau	8.00%	0.0%
104th	India	8.23%	-11.7%
105th	Hong Kong SAR, China	8.80%	2.2%
106th	Macao SAR, China	8.86%	-24.7%
107th	Liberia	8.96%	-46.8%
108th	Algeria	9.06%	2.5%
109th	Tonga	9.07%	-17.6%
110th	Chad	9.36%	398.8%
111th	Pakistan	9.62%	112.9%
112th	Gambia, The	9.71%	-47.5%
113th	Philippines	9.76%	30.2%
114th	Vanuatu	9.80%	-40.5%
115th	Suriname	9.90%	-42.7%
116th	Sri Lanka	10.12%	30.5%
117th	Iraq	10.43%	5.4%
118th	Mauritius	10.89%	-15.7%
119th	Portugal	11.17%	10.6%
120th	Guatemala	11.66%	45.7%
121st	Nepal	11.82%	-6.9%
122nd	Jamaica	12.06%	11.4%
123rd	China	12.10%	137.2%
124th	Antigua and Barbuda	12.73%	36.5%
125th	Egypt, Arab Republic of	13.42%	7.6%
126th	Bhutan	14.96%	1,259.0%
127th	South Africa	15.42%	3.9%
128th	Greece	16.68%	9.4%
129th	Solomon Islands	16.81%	46.3%
130th	Bolivia, Plurinational State of	17.52%	20.2%
131st	Hungary	17.53%	112.4%
132nd	Samoa	18.37%	306.7%
133rd	Costa Rica	18.84%	85.7%
134th	Israel	19.17%	-5.0%
135th	Iran, Islamic Republic of	20.08%	-6.7%
136th	Lesotho	20.08%	71.1%
137th	Namibia	20.15%	114.4%
138th	Nigeria	20.18%	2.6%
139th	Chile	20.41%	-20.0%
140th	Guinea	21.65%	-20.6%
141st	Botswana	22.70%	78.8%
142nd	Iceland	23.14%	16.0%
143rd	Syrian Arab Republic	23.44%	-8.7%
144th	Guyana	23.65%	-59.7%
145th	Eswatini	24.13%	2,068.0%
146th	Myanmar	25.20%	18.6%
147th	Lao PDR	25.85%	79.2%
148th	Madagascar	26.34%	70.4%
149th	Paraguay	27.24%	-2.6%
150th	Haiti	27.43%	349.9%
151st	Colombia	27.75%	18.7%
152nd	Malawi	31.09%	85.9%
153rd	São Tomé and Principe	33.32%	-25.5%
154th	Ghana	33.40%	-14.8%
155th	Zambia	34.49%	-44.4%
156th	Tanzania	36.37%	2.9%
157th	Dominican Republic	43.54%	201.9%
158th	Somalia, Fed. Rep.	63.93%	115.2%
159th	Sierra Leone	64.29%	-61.2%
160th	Türkiye	69.02%	105.3%
161st	Uruguay	74.64%	2.5%
162nd	Cambodia	76.62%	-3.7%
163rd	Sudan	78.86%	204.6%
164th	Guinea-Bissau	79.54%	-15.6%
165th	Congo, Democratic Republic of	91.59%	24.2%
166th	Mexico	100.58%	-29.2%
167th	Uganda	189.98%	5.0%
168th	Argentina	381.25%	198.9%
169th	Viet Nam	411.04%	13.4%
170th	Peru	586.28%	584.5%
171st	Brazil	627.95%	204.5%
172nd	Nicaragua	13,611.63%	2,502.2%

FAQ

What was Iceland's gdp deflator in 1988?▾

Iceland's gdp deflator in 1988 was 23.14%. This ranked 142nd globally.

How did Iceland's gdp deflator change in 1988?▾

Iceland's gdp deflator increased by 16.0% in 1988 compared to 1987.

Which country had the highest gdp deflator in 1988?▾

Nicaragua had the highest gdp deflator in 1988 at 13,611.63%.

What is the gdp deflator of Iceland in 1988?▾

The gdp deflator of Iceland in 1988 was 23.14%. This ranked 142nd globally.

How does 1988 compare to 1987 for Iceland's gdp deflator?▾

Iceland's gdp deflator went from 19.95% in 1987 to 23.14% in 1988, a 16.0% increase.

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