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

Iceland
10.81 million current LCU per square kilometre
in 2023
Mongolia
11.45 million current LCU per square kilometre
in 2023
Iceland rank
58th
Mongolia rank
56th

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

  • Iceland
  • Mongolia
02.5M5.0M7.5M10.0M12.5M197019962023

How they compare

Mongolia currently reports 11.45 million current LCU per square kilometre against 10.81 million current LCU per square kilometre in Iceland, a difference of 633,900 current LCU per square kilometre.

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

The two have swapped places 5 times across 43 shared years of data; in 1981 it was Iceland ahead.

Iceland ranks 58th and Mongolia ranks 56th of 177 countries.

Across the 5 decades both report, Iceland averaged higher in 4 and Mongolia in 1.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 335,301 current LCU per square kilometre 3,023 current LCU per square kilometre 332,278 current LCU per square kilometre Iceland
1990s 1.02 million current LCU per square kilometre 82,665 current LCU per square kilometre 934,048 current LCU per square kilometre Iceland
2000s 2.76 million current LCU per square kilometre 665,214 current LCU per square kilometre 2.10 million current LCU per square kilometre Iceland
2010s 4.26 million current LCU per square kilometre 4.20 million current LCU per square kilometre 57,089 current LCU per square kilometre Iceland
2020s 8.44 million current LCU per square kilometre 8.73 million current LCU per square kilometre 292,722 current LCU per square kilometre Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (current lcu), per square kilometre, Iceland or Mongolia?
Mongolia, at 11.45 million current LCU per square kilometre against 10.81 million current LCU per square kilometre in Iceland as of 2023.
What is the difference in gross fixed capital formation (current lcu), per square kilometre between Iceland and Mongolia?
633,900 current LCU per square kilometre, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
43 years are reported by both, from 1981 to 2023.
How do Iceland and Mongolia rank globally for gross fixed capital formation (current lcu), per square kilometre?
Iceland ranks 58th and Mongolia ranks 56th of 177 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (current LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

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About this data

Indicator
Gross fixed capital formation (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
177 places, 7,630 data points, 1961–2023
Last refreshed

Gross fixed capital formation (current 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.