Armenia vs Iceland: Gross value added at basic prices (GVA) (constant 2015 US$), per unit
Armenia
0.5394 constant 2015 US$ per US$ of GDP
in 2025
Iceland
0.5382 constant 2015 US$ per US$ of GDP
in 2025
Armenia rank
176th
Iceland rank
177th
Gross value added at basic prices (GVA) (constant 2015 US$), per unit over time
- Armenia
- Iceland
How they compare
Armenia currently reports 0.5394 constant 2015 US$ per US$ of GDP against 0.5382 constant 2015 US$ per US$ of GDP in Iceland, a difference of 0.0012 constant 2015 US$ per US$ of GDP.
The two have swapped places 4 times across 31 shared years of data; in 1995 it was Armenia ahead.
Armenia ranks 176th and Iceland ranks 177th of 193 countries.
Across the 4 decades both report, Armenia averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.88 constant 2015 US$ per US$ of GDP | 1.18 constant 2015 US$ per US$ of GDP | 0.7064 constant 2015 US$ per US$ of GDP | Armenia |
| 2000s | 1.39 constant 2015 US$ per US$ of GDP | 0.9971 constant 2015 US$ per US$ of GDP | 0.3936 constant 2015 US$ per US$ of GDP | Armenia |
| 2010s | 0.8327 constant 2015 US$ per US$ of GDP | 0.8518 constant 2015 US$ per US$ of GDP | 0.0191 constant 2015 US$ per US$ of GDP | Iceland |
| 2020s | 0.6667 constant 2015 US$ per US$ of GDP | 0.6609 constant 2015 US$ per US$ of GDP | 0.0057 constant 2015 US$ per US$ of GDP | Armenia |
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$), per unit, Armenia or Iceland?
- Armenia, at 0.5394 constant 2015 US$ per US$ of GDP against 0.5382 constant 2015 US$ per US$ of GDP in Iceland as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per unit between Armenia and Iceland?
- 0.0012 constant 2015 US$ per US$ of GDP, with Armenia ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Armenia and Iceland rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Armenia ranks 176th and Iceland ranks 177th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), 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 value added at basic prices (GVA) (constant 2015 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.