Iceland vs Somalia: GNI, PPP
GNI, PPP over time
- Iceland
- Somalia
How they compare
Iceland currently reports 32.67 billion current international $ against 32.16 billion current international $ in Somalia, a difference of 505.20 million current international $.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Iceland ahead.
Iceland ranks 149th and Somalia ranks 151st of 203 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Somalia in 1.
Head to head by decade
| Decade | Iceland | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.57 billion current international $ | 3.05 billion current international $ | 3.52 billion current international $ | Iceland |
| 2000s | 10.31 billion current international $ | 6.36 billion current international $ | 3.95 billion current international $ | Iceland |
| 2010s | 16.23 billion current international $ | 17.19 billion current international $ | 967.17 million current international $ | Somalia |
| 2020s | 28.30 billion current international $ | 27.80 billion current international $ | 496.45 million current international $ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Iceland or Somalia?
- Iceland, at 32.67 billion current international $ against 32.16 billion current international $ in Somalia as of 2025.
- What is the difference in gni, ppp between Iceland and Somalia?
- 505.20 million current international $, with Iceland ahead.
- How many years of comparable data are there for Iceland and Somalia?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and Somalia rank globally for gni, ppp?
- Iceland ranks 149th and Somalia ranks 151st of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.