Iceland vs United Kingdom: GERD as a percentage of GDP

Iceland
2.6%
in 2023
United Kingdom
2.7%
in 2023
Iceland rank
13th
United Kingdom rank
12th

GERD as a percentage of GDP over time

  • Iceland
  • United Kingdom
0123199620092023

How they compare

United Kingdom currently reports 2.7% against 2.6% in Iceland, a difference of 0.1%.

The two have swapped places 1 time across 24 shared years of data; in 1997 it was Iceland ahead.

Iceland ranks 13th and United Kingdom ranks 12th of 116 countries.

Across the 4 decades both report, Iceland averaged higher in 2 and United Kingdom in 2.

Head to head by decade

Decade Iceland United Kingdom Difference Ahead
1990s 2.0% 1.6% 0.4% Iceland
2000s 2.7% 1.6% 1.1% Iceland
2010s 2.1% 2.2% 0.1% United Kingdom
2020s 2.6% 2.8% 0.2% United Kingdom

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gerd as a percentage of gdp, Iceland or United Kingdom?
United Kingdom, at 2.7% against 2.6% in Iceland as of 2023.
What is the difference in gerd as a percentage of gdp between Iceland and United Kingdom?
0.1%, with United Kingdom ahead.
How many years of comparable data are there for Iceland and United Kingdom?
24 years are reported by both, from 1997 to 2023.
How do Iceland and United Kingdom rank globally for gerd as a percentage of gdp?
Iceland ranks 13th and United Kingdom ranks 12th 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.

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Iceland vs United Kingdom: GERD as a percentage of GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/compare/gerd-as-a-percentage-of-gdp/iceland/united-kingdom/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release