Iceland vs MDG: World: GERD as a percentage of GDP
Iceland
2.6%
in 2023
MDG: World
1.9%
in 2023
Iceland rank
13th
MDG: World rank
13th
GERD as a percentage of GDP over time
- Iceland
- MDG: World
How they compare
Iceland currently reports 2.6% against 1.9% in MDG: World, a difference of 0.7%.
That makes Iceland's figure about 1.4 times MDG: World's.
Across all 24 years both countries report, Iceland has been ahead every year.
Iceland ranks 13th and MDG: World ranks 13th of 116 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | MDG: World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.0% | 1.5% | 0.5% | Iceland |
| 2000s | 2.7% | 1.6% | 1.1% | Iceland |
| 2010s | 2.1% | 1.7% | 0.4% | Iceland |
| 2020s | 2.6% | 1.9% | 0.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gerd as a percentage of gdp, Iceland or MDG: World?
- Iceland, at 2.6% against 1.9% in MDG: World as of 2023.
- What is the difference in gerd as a percentage of gdp between Iceland and MDG: World?
- 0.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and MDG: World?
- 24 years are reported by both, from 1997 to 2023.
- How do Iceland and MDG: World rank globally for gerd as a percentage of gdp?
- Iceland ranks 13th and MDG: World 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