Iceland vs Mongolia: GDP per capita
GDP per capita over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 9.62 million constant LCU against 9.14 million constant LCU in Iceland, a difference of 476,480 constant LCU.
That makes Mongolia's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 45 shared years of data; in 1981 it was Iceland ahead.
Iceland ranks 12th and Mongolia ranks 11th of 213 countries.
Iceland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.39 million constant LCU | 3.28 million constant LCU | 2.11 million constant LCU | Iceland |
| 1990s | 5.83 million constant LCU | 3.05 million constant LCU | 2.78 million constant LCU | Iceland |
| 2000s | 7.60 million constant LCU | 4.01 million constant LCU | 3.59 million constant LCU | Iceland |
| 2010s | 8.30 million constant LCU | 7.20 million constant LCU | 1.10 million constant LCU | Iceland |
| 2020s | 8.85 million constant LCU | 8.64 million constant LCU | 217,252 constant LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Iceland or Mongolia?
- Mongolia, at 9.62 million constant LCU against 9.14 million constant LCU in Iceland as of 2025.
- What is the difference in gdp per capita between Iceland and Mongolia?
- 476,480 constant LCU, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Iceland and Mongolia rank globally for gdp per capita?
- Iceland ranks 12th and Mongolia ranks 11th of 213 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.