Iceland vs Mongolia: GNI per capita

Iceland
9.19 million constant LCU
in 2024
Mongolia
12.15 million constant LCU
in 2025
Iceland rank
12th
Mongolia rank
9th

GNI per capita over time

  • Iceland
  • Mongolia
02.5M5.0M7.5M10.0M12.5M200020122025

How they compare

Mongolia currently reports 12.15 million constant LCU against 9.19 million constant LCU in Iceland, a difference of 2.96 million constant LCU.

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

The two have swapped places 1 time across 15 shared years of data; in 2010 it was Iceland ahead.

Iceland ranks 12th and Mongolia ranks 9th of 169 countries.

Across the 2 decades both report, Iceland averaged higher in 1 and Mongolia in 1.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2010s 8.09 million constant LCU 6.77 million constant LCU 1.32 million constant LCU Iceland
2020s 8.89 million constant LCU 9.71 million constant LCU 817,042 constant LCU Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gni per capita, Iceland or Mongolia?
Mongolia, at 12.15 million constant LCU against 9.19 million constant LCU in Iceland as of 2025.
What is the difference in gni per capita between Iceland and Mongolia?
2.96 million constant LCU, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
15 years are reported by both, from 2010 to 2024.
How do Iceland and Mongolia rank globally for gni per capita?
Iceland ranks 12th and Mongolia ranks 9th of 169 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GNI per capita (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: GNI per capita. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 21 August 2026, from https://economy.statizoid.com/compare/gni-per-capita-constant-lcu/iceland/mongolia/

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About this data

Indicator
GNI per capita (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 6,128 data points, 1960–2025
Last refreshed

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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.