Iceland vs Nepal: GDP

Iceland
4.96 trillion current LCU
in 2025
Nepal
6.20 trillion current LCU
in 2025
Iceland rank
73rd
Nepal rank
70th

GDP over time

  • Iceland
  • Nepal
02.0T4.0T6.0T196019922025

How they compare

Nepal currently reports 6.20 trillion current LCU against 4.96 trillion current LCU in Iceland, a difference of 1.24 trillion current LCU.

That makes Nepal's figure about 1.3 times Iceland's.

The two have swapped places 2 times across 66 shared years of data; in 1960 it was Nepal ahead.

Iceland ranks 73rd and Nepal ranks 70th of 213 countries.

Across the 7 decades both report, Iceland averaged higher in 3 and Nepal in 4.

Head to head by decade

Decade Iceland Nepal Difference Ahead
1960s 218.19 million current LCU 5.60 billion current LCU 5.38 billion current LCU Nepal
1970s 3.19 billion current LCU 14.40 billion current LCU 11.22 billion current LCU Nepal
1980s 137.46 billion current LCU 48.71 billion current LCU 88.75 billion current LCU Iceland
1990s 493.84 billion current LCU 214.64 billion current LCU 279.21 billion current LCU Iceland
2000s 1.12 trillion current LCU 608.47 billion current LCU 514.04 billion current LCU Iceland
2010s 2.30 trillion current LCU 2.41 trillion current LCU 115.50 billion current LCU Nepal
2020s 4.03 trillion current LCU 5.09 trillion current LCU 1.06 trillion current LCU Nepal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Iceland or Nepal?
Nepal, at 6.20 trillion current LCU against 4.96 trillion current LCU in Iceland as of 2025.
What is the difference in gdp between Iceland and Nepal?
1.24 trillion current LCU, with Nepal ahead.
How many years of comparable data are there for Iceland and Nepal?
66 years are reported by both, from 1960 to 2025.
How do Iceland and Nepal rank globally for gdp?
Iceland ranks 73rd and Nepal ranks 70th of 213 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,862 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.