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$), per unit of GDP over time
- Iceland
- Paraguay
How they compare
Iceland currently reports 1.02 current US$ 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.
Individual pages
About this data
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.