Iceland vs Paraguay: Gross national expenditure (current US$), per unit of GDP

Iceland
1.02 current US$ per US$ of GDP
in 2025
Paraguay
1.02 current US$ per US$ of GDP
in 2025
Iceland rank
91st
Paraguay rank
92nd

Gross national expenditure (current US$), per unit of GDP over time

  • Iceland
  • Paraguay
00.250.50.7511.2196219932025

How they compare

Iceland currently reports 1.02 current US$ per US$ of GDP against 1.02 current US$ per US$ of GDP in Paraguay, a difference of 0 current US$ per US$ of GDP.

The two have swapped places 15 times across 56 shared years of data; in 1970 it was Paraguay ahead.

Iceland ranks 91st and Paraguay ranks 92nd of 186 countries.

Across the 6 decades both report, Iceland averaged higher in 5 and Paraguay in 1.

Head to head by decade

Decade Iceland Paraguay Difference Ahead
1970s 1.04 current US$ per US$ of GDP 1.03 current US$ per US$ of GDP 0.0117 current US$ per US$ of GDP Iceland
1980s 1.01 current US$ per US$ of GDP 0.9975 current US$ per US$ of GDP 0.0099 current US$ per US$ of GDP Iceland
1990s 0.9982 current US$ per US$ of GDP 0.9347 current US$ per US$ of GDP 0.0634 current US$ per US$ of GDP Iceland
2000s 1.05 current US$ per US$ of GDP 0.9081 current US$ per US$ of GDP 0.1374 current US$ per US$ of GDP Iceland
2010s 0.9324 current US$ per US$ of GDP 0.9709 current US$ per US$ of GDP 0.0386 current US$ per US$ of GDP Paraguay
2020s 1.01 current US$ per US$ of GDP 1 current US$ per US$ of GDP 0.0039 current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure (current us$), per unit of gdp, Iceland or Paraguay?
Iceland, at 1.02 current US$ per US$ of GDP against 1.02 current US$ per US$ of GDP in Paraguay as of 2025.
What is the difference in gross national expenditure (current us$), per unit of gdp between Iceland and Paraguay?
0 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Paraguay?
56 years are reported by both, from 1970 to 2025.
How do Iceland and Paraguay rank globally for gross national expenditure (current us$), per unit of gdp?
Iceland ranks 91st and Paraguay ranks 92nd of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Paraguay: Gross national expenditure (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-us-per-unit-of-gdp/iceland/paraguay/

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About this data

Indicator
Gross national expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,825 data points, 1960–2025
Last refreshed

Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.