Iceland vs Mongolia: Gross capital formation (constant LCU), per square kilometre

Iceland
8.75 million constant LCU per square kilometre
in 2023
Mongolia
8.17 million constant LCU per square kilometre
in 2023
Iceland rank
49th
Mongolia rank
51st

Gross capital formation (constant LCU), per square kilometre over time

  • Iceland
  • Mongolia
2.0M4.0M6.0M8.0M10.0M197019962023

How they compare

Iceland currently reports 8.75 million constant LCU per square kilometre against 8.17 million constant LCU per square kilometre in Mongolia, a difference of 582,950 constant LCU per square kilometre.

That makes Iceland's figure about 1.1 times Mongolia's.

The two have swapped places 5 times across 14 shared years of data; in 2010 it was Mongolia ahead.

Iceland ranks 49th and Mongolia ranks 51st of 166 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 5.07 million constant LCU per square kilometre 5.43 million constant LCU per square kilometre 364,833 constant LCU per square kilometre Mongolia
2020s 7.59 million constant LCU per square kilometre 7.11 million constant LCU per square kilometre 477,258 constant LCU per square kilometre Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (constant lcu), per square kilometre, Iceland or Mongolia?
Iceland, at 8.75 million constant LCU per square kilometre against 8.17 million constant LCU per square kilometre in Mongolia as of 2023.
What is the difference in gross capital formation (constant lcu), per square kilometre between Iceland and Mongolia?
582,950 constant LCU per square kilometre, with Iceland ahead.
How many years of comparable data are there for Iceland and Mongolia?
14 years are reported by both, from 2010 to 2023.
How do Iceland and Mongolia rank globally for gross capital formation (constant lcu), per square kilometre?
Iceland ranks 49th and Mongolia ranks 51st of 166 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (constant LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Mongolia: Gross capital formation (constant LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu-per-square-kilometre/iceland/mongolia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu-per-square-kilometre/iceland/mongolia/">Iceland vs Mongolia: Gross capital formation (constant LCU), per square kilometre</a> — Statizoid

About this data

Indicator
Gross capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.