Iceland vs Luxembourg: Gross domestic product (GDP), per unit of GDP
Iceland
0.7726 international-$ in 2021 prices per US$ of GDP
in 2023
Luxembourg
0.7072 international-$ in 2021 prices per US$ of GDP
in 2023
Iceland rank
176th
Luxembourg rank
177th
Gross domestic product (GDP), per unit of GDP over time
- Iceland
- Luxembourg
How they compare
Iceland currently reports 0.7726 international-$ in 2021 prices per US$ of GDP against 0.7072 international-$ in 2021 prices per US$ of GDP in Luxembourg, a difference of 0.0654 international-$ in 2021 prices per US$ of GDP.
That makes Iceland's figure about 1.1 times Luxembourg's.
The two have swapped places 8 times across 64 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 176th and Luxembourg ranks 177th of 180 countries.
Iceland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.03 international-$ in 2021 prices per US$ of GDP | 7.89 international-$ in 2021 prices per US$ of GDP | 0.1343 international-$ in 2021 prices per US$ of GDP | Iceland |
| 1970s | 4.37 international-$ in 2021 prices per US$ of GDP | 3.76 international-$ in 2021 prices per US$ of GDP | 0.6112 international-$ in 2021 prices per US$ of GDP | Iceland |
| 1980s | 2.23 international-$ in 2021 prices per US$ of GDP | 2.05 international-$ in 2021 prices per US$ of GDP | 0.1885 international-$ in 2021 prices per US$ of GDP | Iceland |
| 1990s | 1.43 international-$ in 2021 prices per US$ of GDP | 1.27 international-$ in 2021 prices per US$ of GDP | 0.1632 international-$ in 2021 prices per US$ of GDP | Iceland |
| 2000s | 1.11 international-$ in 2021 prices per US$ of GDP | 1.01 international-$ in 2021 prices per US$ of GDP | 0.1002 international-$ in 2021 prices per US$ of GDP | Iceland |
| 2010s | 0.9293 international-$ in 2021 prices per US$ of GDP | 0.7596 international-$ in 2021 prices per US$ of GDP | 0.1697 international-$ in 2021 prices per US$ of GDP | Iceland |
| 2020s | 0.8182 international-$ in 2021 prices per US$ of GDP | 0.7606 international-$ in 2021 prices per US$ of GDP | 0.0576 international-$ in 2021 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 0.7726 international-$ in 2021 prices per US$ of GDP against 0.7072 international-$ in 2021 prices per US$ of GDP in Luxembourg as of 2023.
- What is the difference in gross domestic product (gdp), per unit of gdp between Iceland and Luxembourg?
- 0.0654 international-$ in 2021 prices per US$ of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 64 years are reported by both, from 1960 to 2023.
- How do Iceland and Luxembourg rank globally for gross domestic product (gdp), per unit of gdp?
- Iceland ranks 176th and Luxembourg ranks 177th of 180 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.