Denmark vs Iceland: GERD as a percentage of GDP
Denmark
3.0%
in 2023
Iceland
2.6%
in 2023
Denmark rank
11th
Iceland rank
13th
GERD as a percentage of GDP over time
- Denmark
- Iceland
How they compare
Denmark currently reports 3.0% against 2.6% in Iceland, a difference of 0.4%.
That makes Denmark's figure about 1.2 times Iceland's.
The two have swapped places 4 times across 24 shared years of data; in 1997 it was Denmark ahead.
Denmark ranks 11th and Iceland ranks 13th of 116 countries.
Across the 4 decades both report, Denmark averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.0% | 2.0% | 0.0% | Denmark |
| 2000s | 2.5% | 2.7% | 0.2% | Iceland |
| 2010s | 3.0% | 2.1% | 0.9% | Denmark |
| 2020s | 2.9% | 2.6% | 0.3% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gerd as a percentage of gdp, Denmark or Iceland?
- Denmark, at 3.0% against 2.6% in Iceland as of 2023.
- What is the difference in gerd as a percentage of gdp between Denmark and Iceland?
- 0.4%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 24 years are reported by both, from 1997 to 2023.
- How do Denmark and Iceland rank globally for gerd as a percentage of gdp?
- Denmark ranks 11th and Iceland ranks 13th of 116 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GERD as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release