Iceland vs Mongolia: Gross Domestic Product — Value Standard Local Currency, 2015 prices
Iceland
7.97 million SLC per person
in 2024
Mongolia
9.06 million SLC per person
in 2024
Iceland rank
12th
Mongolia rank
9th
Gross Domestic Product — Value Standard Local Currency, 2015 prices over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 9.06 million SLC per person against 7.97 million SLC per person in Iceland, a difference of 1.09 million SLC per person.
That makes Mongolia's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Iceland ahead.
Iceland ranks 12th and Mongolia ranks 9th of 194 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Mongolia in 2.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.12 million SLC per person | 2.25 million SLC per person | 0.8692 million SLC per person | Iceland |
| 1980s | 4.31 million SLC per person | 3.23 million SLC per person | 1.08 million SLC per person | Iceland |
| 1990s | 4.73 million SLC per person | 3.08 million SLC per person | 1.65 million SLC per person | Iceland |
| 2000s | 6.28 million SLC per person | 4.06 million SLC per person | 2.22 million SLC per person | Iceland |
| 2010s | 6.97 million SLC per person | 7.23 million SLC per person | 0.2605 million SLC per person | Mongolia |
| 2020s | 7.54 million SLC per person | 8.42 million SLC per person | 0.8818 million SLC per person | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, 2015 prices, Iceland or Mongolia?
- Mongolia, at 9.06 million SLC per person against 7.97 million SLC per person in Iceland as of 2024.
- What is the difference in gross domestic product — value standard local currency, 2015 prices between Iceland and Mongolia?
- 1.09 million SLC per person, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Mongolia rank globally for gross domestic product — value standard local currency, 2015 prices?
- Iceland ranks 12th and Mongolia ranks 9th of 194 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.