GERD as a percentage of GDP in Iceland
Iceland: GERD as a percentage of GDP was 2.6% in 2023. β¬ Flat
Latest (2023)
2.6%
Change on year
up 1.5%
World rank
13th
of 116 countries
All-time high
2.9%
in 2006
All-time low
1.7%
in 2013
Years of data
24
1997β2023
GERD as a percentage of GDP in Iceland, 1997β2023
Source: UNESCO Institute for Statistics.
Analysis
The most recent figure for gerd as a percentage of gdp in Iceland is 2.6%, measured in 2023.
The figure is up 1.5% on the previous year and up 56.0% over ten years.
Over the whole period, gerd as a percentage of gdp in Iceland peaked at 2.9% in 2006 and was at its lowest, 1.7%, in 2013.
Iceland ranks 13th of 116 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.0% | 1.8% | 2.2% | 3 |
| 2000s | 2.7% | 2.5% | 2.9% | 9 |
| 2010s | 2.1% | 1.7% | 2.4% | 8 |
| 2020s | 2.6% | 2.5% | 2.8% | 4 |
Countries ranked near Iceland
- 10 Finland 3.1% compare
- 11 Denmark 3.0% compare
- 12 United Kingdom 2.7% compare
- 14 China (Peopleβs Republic of) 2.6% compare
- 15 Netherlands 2.3% compare
- 16 France 2.2% compare
More science & technology data for Iceland
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 120.93 (2024)
- Mobile cellular subscriptions by country, per capita 1.23 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 475,724 (2024)
- Mobile cellular subscriptions by country, per square kilometre 4.67 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -0.4503 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 1.05 % change on previous year (2024)
- Scientific and technical journal articles 715.97 (2023)
- Scientific and technical journal articles, per capita 0.0019 units per person (2023)
Frequently asked questions
- What is gerd as a percentage of gdp in Iceland?
- Gerd as a percentage of gdp in Iceland was 2.6% in 2023, according to UNESCO Institute for Statistics.
- What is the highest gerd as a percentage of gdp recorded in Iceland?
- The highest recorded value was 2.9% in 2006.
- What is the lowest gerd as a percentage of gdp recorded in Iceland?
- The lowest recorded value was 1.7% in 2013.
- How does Iceland rank for gerd as a percentage of gdp?
- Iceland ranks 13th out of 116 countries with data for 2023.
- Is gerd as a percentage of gdp rising or falling in Iceland?
- Over the last ten years it is up 56.0%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release