Iceland vs Luxembourg: Gross domestic product (GDP), per unit of GDP (Bolt)
Iceland
0.5491 international-$ in 2011 prices per US$ of GDP
in 2022
Luxembourg
0.4471 international-$ in 2011 prices per US$ of GDP
in 2022
Iceland rank
161st
Luxembourg rank
163rd
Gross domestic product (GDP), per unit of GDP (Bolt) over time
- Iceland
- Luxembourg
How they compare
Iceland currently reports 0.5491 international-$ in 2011 prices per US$ of GDP against 0.4471 international-$ in 2011 prices per US$ of GDP in Luxembourg, a difference of 0.102 international-$ in 2011 prices per US$ of GDP.
That makes Iceland's figure about 1.2 times Luxembourg's.
The two have swapped places 12 times across 63 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 161st and Luxembourg ranks 163rd of 163 countries.
Across the 7 decades both report, Iceland averaged higher in 5 and Luxembourg in 2.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.93 international-$ in 2011 prices per US$ of GDP | 6.48 international-$ in 2011 prices per US$ of GDP | 0.5435 international-$ in 2011 prices per US$ of GDP | Luxembourg |
| 1970s | 3.17 international-$ in 2011 prices per US$ of GDP | 3.03 international-$ in 2011 prices per US$ of GDP | 0.1371 international-$ in 2011 prices per US$ of GDP | Iceland |
| 1980s | 1.64 international-$ in 2011 prices per US$ of GDP | 1.76 international-$ in 2011 prices per US$ of GDP | 0.1236 international-$ in 2011 prices per US$ of GDP | Luxembourg |
| 1990s | 1.03 international-$ in 2011 prices per US$ of GDP | 0.9527 international-$ in 2011 prices per US$ of GDP | 0.075 international-$ in 2011 prices per US$ of GDP | Iceland |
| 2000s | 0.8332 international-$ in 2011 prices per US$ of GDP | 0.7306 international-$ in 2011 prices per US$ of GDP | 0.1025 international-$ in 2011 prices per US$ of GDP | Iceland |
| 2010s | 0.7023 international-$ in 2011 prices per US$ of GDP | 0.4814 international-$ in 2011 prices per US$ of GDP | 0.2209 international-$ in 2011 prices per US$ of GDP | Iceland |
| 2020s | 0.5924 international-$ in 2011 prices per US$ of GDP | 0.4395 international-$ in 2011 prices per US$ of GDP | 0.153 international-$ in 2011 prices per US$ of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), per unit of gdp, Iceland or Luxembourg?
- Iceland, at 0.5491 international-$ in 2011 prices per US$ of GDP against 0.4471 international-$ in 2011 prices per US$ of GDP in Luxembourg as of 2022.
- What is the difference in gross domestic product (gdp), per unit of gdp between Iceland and Luxembourg?
- 0.102 international-$ in 2011 prices per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 63 years are reported by both, from 1960 to 2022.
- How do Iceland and Luxembourg rank globally for gross domestic product (gdp), per unit of gdp?
- Iceland ranks 161st and Luxembourg ranks 163rd of 163 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.