Iceland vs Mongolia: General government final consumption expenditure (constant LCU), per

Iceland
2.35 million constant LCU per person
in 2025
Mongolia
1.77 million constant LCU per person
in 2025
Iceland rank
7th
Mongolia rank
10th

General government final consumption expenditure (constant LCU), per over time

  • Iceland
  • Mongolia
500.0k1.0M1.5M2.0M2.5M197019972025

How they compare

Iceland currently reports 2.35 million constant LCU per person against 1.77 million constant LCU per person in Mongolia, a difference of 575,450 constant LCU per person.

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

Across all 16 years both countries report, Iceland has been ahead every year.

Iceland ranks 7th and Mongolia ranks 10th of 176 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2010s 2.20 million constant LCU per person 1.09 million constant LCU per person 1.11 million constant LCU per person Iceland
2020s 2.32 million constant LCU per person 1.68 million constant LCU per person 633,977 constant LCU per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (constant lcu), per, Iceland or Mongolia?
Iceland, at 2.35 million constant LCU per person against 1.77 million constant LCU per person in Mongolia as of 2025.
What is the difference in general government final consumption expenditure (constant lcu), per between Iceland and Mongolia?
575,450 constant LCU per person, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
16 years are reported by both, from 2010 to 2025.
How do Iceland and Mongolia rank globally for general government final consumption expenditure (constant lcu), per?
Iceland ranks 7th and Mongolia ranks 10th of 176 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (constant LCU), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: General government final consumption expenditure (constant LCU), per. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-constant-lcu-per-capita/iceland/mongolia/

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About this data

Indicator
General government final consumption expenditure (constant LCU), per capita
Unit
constant LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
176 places, 7,381 data points, 1960–2025
Last refreshed

General government final consumption expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.