Iceland vs Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) (constant 2015 US$), per

Iceland
52,920 constant 2015 US$ per person
in 2025
Latin America & Caribbean (excluding high income)
7,854 constant 2015 US$ per person
in 2025
Iceland rank
13th
Latin America & Caribbean (excluding high income) rank
11th

Gross value added at basic prices (GVA) (constant 2015 US$), per over time

  • Iceland
  • Latin America & Caribbean (excluding high income)
020.0k40.0k60.0k197019972025

How they compare

Iceland currently reports 52,920 constant 2015 US$ per person against 7,854 constant 2015 US$ per person in Latin America & Caribbean (excluding high income), a difference of 45,066 constant 2015 US$ per person.

That makes Iceland's figure about 6.7 times Latin America & Caribbean (excluding high income)'s.

Across all 31 years both countries report, Iceland has been ahead every year.

Iceland ranks 13th and Latin America & Caribbean (excluding high income) ranks 11th of 193 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Latin America & Caribbean (excluding high income) Difference Ahead
1990s 35,043 constant 2015 US$ per person 5,696 constant 2015 US$ per person 29,347 constant 2015 US$ per person Iceland
2000s 44,020 constant 2015 US$ per person 6,263 constant 2015 US$ per person 37,757 constant 2015 US$ per person Iceland
2010s 48,050 constant 2015 US$ per person 7,341 constant 2015 US$ per person 40,709 constant 2015 US$ per person Iceland
2020s 51,253 constant 2015 US$ per person 7,502 constant 2015 US$ per person 43,751 constant 2015 US$ per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (constant 2015 us$), per, Iceland or Latin America & Caribbean (excluding high income)?
Iceland, at 52,920 constant 2015 US$ per person against 7,854 constant 2015 US$ per person in Latin America & Caribbean (excluding high income) as of 2025.
What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per between Iceland and Latin America & Caribbean (excluding high income)?
45,066 constant 2015 US$ per person, with Iceland ahead.
How many years of comparable data are there for Iceland and Latin America & Caribbean (excluding high income)?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Latin America & Caribbean (excluding high income) rank globally for gross value added at basic prices (gva) (constant 2015 us$), per?
Iceland ranks 13th and Latin America & Caribbean (excluding high income) ranks 11th of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) (constant 2015 US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-2015-us-per-capita/iceland/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.