Varieties democracy vdem, per unit of GDP in Iceland
Iceland: Varieties democracy vdem, per unit of GDP was 0 units per US$ of GDP in 2025. ◆ Volatile
Varieties democracy vdem, per unit of GDP in Iceland, 1960–2025
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Iceland recorded 0 units per US$ of GDP for varieties democracy vdem, per unit of gdp in 2025. That is the lowest value across all 66 years on record.
The figure is down 17.6% on the previous year and down 57.0% over ten years.
Over the whole period, varieties democracy vdem, per unit of gdp in Iceland peaked at 0 units per US$ of GDP in 1960 and was at its lowest, 0 units per US$ of GDP, in 2025.
Iceland ranks 37th of 172 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Varieties democracy vdem, per unit of GDP in Iceland, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0 units per US$ of GDP | — |
| 1961 | 0 units per US$ of GDP | -2.1% |
| 1962 | 0 units per US$ of GDP | -10.9% |
| 1963 | 0 units per US$ of GDP | -16.3% |
| 1964 | 0 units per US$ of GDP | -21.8% |
| 1965 | 0 units per US$ of GDP | -17.1% |
| 1966 | 0 units per US$ of GDP | -15.6% |
| 1967 | 0 units per US$ of GDP | +2.0% |
| 1968 | 0 units per US$ of GDP | +31.0% |
| 1969 | 0 units per US$ of GDP | +14.3% |
| 1970 | 0 units per US$ of GDP | -20.1% |
| 1971 | 0 units per US$ of GDP | -21.2% |
| 1972 | 0 units per US$ of GDP | -20.1% |
| 1973 | 0 units per US$ of GDP | -27.3% |
| 1974 | 0 units per US$ of GDP | -23.8% |
| 1975 | 0 units per US$ of GDP | +7.6% |
| 1976 | 0 units per US$ of GDP | -15.7% |
| 1977 | 0 units per US$ of GDP | -24.4% |
| 1978 | 0 units per US$ of GDP | -12.0% |
| 1979 | 0 units per US$ of GDP | -11.9% |
| 1980 | 0 units per US$ of GDP | -13.4% |
| 1981 | 0 units per US$ of GDP | -3.2% |
| 1982 | 0 units per US$ of GDP | +8.9% |
| 1983 | 0 units per US$ of GDP | +15.4% |
| 1984 | 0 units per US$ of GDP | -3.7% |
| 1985 | 0 units per US$ of GDP | -4.0% |
| 1986 | 0 units per US$ of GDP | -24.4% |
| 1987 | 0 units per US$ of GDP | -27.1% |
| 1988 | 0 units per US$ of GDP | -9.6% |
| 1989 | 0 units per US$ of GDP | +7.7% |
| 1990 | 0 units per US$ of GDP | -12.0% |
| 1991 | 0 units per US$ of GDP | -6.4% |
| 1992 | 0 units per US$ of GDP | -2.4% |
| 1993 | 0 units per US$ of GDP | +13.9% |
| 1994 | 0 units per US$ of GDP | -2.7% |
| 1995 | 0 units per US$ of GDP | -10.3% |
| 1996 | 0 units per US$ of GDP | -3.3% |
| 1997 | 0 units per US$ of GDP | -0.5% |
| 1998 | 0 units per US$ of GDP | -10.7% |
| 1999 | 0 units per US$ of GDP | -5.2% |
| 2000 | 0 units per US$ of GDP | -0.4% |
| 2001 | 0 units per US$ of GDP | +9.8% |
| 2002 | 0 units per US$ of GDP | -11.6% |
| 2003 | 0 units per US$ of GDP | -18.7% |
| 2004 | 0 units per US$ of GDP | -17.2% |
| 2005 | 0 units per US$ of GDP | -18.7% |
| 2006 | 0 units per US$ of GDP | -3.0% |
| 2007 | 0 units per US$ of GDP | -18.8% |
| 2008 | 0 units per US$ of GDP | +21.3% |
| 2009 | 0 units per US$ of GDP | +38.4% |
| 2010 | 0 units per US$ of GDP | -5.2% |
| 2011 | 0 units per US$ of GDP | -9.6% |
| 2012 | 0 units per US$ of GDP | +2.3% |
| 2013 | 0 units per US$ of GDP | -9.8% |
| 2014 | 0 units per US$ of GDP | -10.2% |
| 2015 | 0 units per US$ of GDP | +2.6% |
| 2016 | 0 units per US$ of GDP | -16.1% |
| 2017 | 0 units per US$ of GDP | -15.8% |
| 2018 | 0 units per US$ of GDP | -4.5% |
| 2019 | 0 units per US$ of GDP | +4.8% |
| 2020 | 0 units per US$ of GDP | +13.4% |
| 2021 | 0 units per US$ of GDP | -18.3% |
| 2022 | 0 units per US$ of GDP | -10.5% |
| 2023 | 0 units per US$ of GDP | -7.0% |
| 2024 | 0 units per US$ of GDP | -4.4% |
| 2025 | 0 units per US$ of GDP | -17.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 6 |
Countries ranked near Iceland
More social development data for Iceland
- Refugees under the mandate of the UNHCR by country or territory of 8,459 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Political rights rating fh 1 (2025)
- Democracy lexical 1 (2025)
- Political rights rating fh, annual growth rate 0 % change on previous year (2025)
- Political rights rating fh, gaps filled 1 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0.0216 units per person (2025)
- Refugees under the mandate of the UNHCR by country or territory of 0 units per US$ of GDP (2025)
Frequently asked questions
- What is varieties democracy vdem, per unit of gdp in Iceland?
- Varieties democracy vdem, per unit of gdp in Iceland was 0 units per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest varieties democracy vdem, per unit of gdp recorded in Iceland?
- The highest recorded value was 0 units per US$ of GDP in 1960.
- What is the lowest varieties democracy vdem, per unit of gdp recorded in Iceland?
- The lowest recorded value was 0 units per US$ of GDP in 2025.
- How does Iceland rank for varieties democracy vdem, per unit of gdp?
- Iceland ranks 37th out of 172 countries with data for 2025.
- Is varieties democracy vdem, per unit of gdp rising or falling in Iceland?
- Over the last ten years it is down 57.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Varieties democracy vdem, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Varieties democracy vdem divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Varieties democracy vdem ÷ GDP (current US$)
Computed from
- Varieties democracy vdem Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Varieties democracy vdem divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.