Iceland vs Madagascar: Gross value added at basic prices (GVA) (constant LCU), per square

Iceland
32.09 million constant LCU per square kilometre
in 2023
Madagascar
35.36 million constant LCU per square kilometre
in 2023
Iceland rank
59th
Madagascar rank
56th

Gross value added at basic prices (GVA) (constant LCU), per square over time

  • Iceland
  • Madagascar
10.0M15.0M20.0M25.0M30.0M35.0M196119922023

How they compare

Madagascar currently reports 35.36 million constant LCU per square kilometre against 32.09 million constant LCU per square kilometre in Iceland, a difference of 3.27 million constant LCU per square kilometre.

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

Across all 29 years both countries report, Madagascar has been ahead every year.

Iceland ranks 59th and Madagascar ranks 56th of 195 countries.

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

Head to head by decade

Decade Iceland Madagascar Difference Ahead
1990s 14.81 million constant LCU per square kilometre 18.47 million constant LCU per square kilometre 3.66 million constant LCU per square kilometre Madagascar
2000s 20.48 million constant LCU per square kilometre 23.17 million constant LCU per square kilometre 2.70 million constant LCU per square kilometre Madagascar
2010s 24.90 million constant LCU per square kilometre 29.58 million constant LCU per square kilometre 4.68 million constant LCU per square kilometre Madagascar
2020s 29.35 million constant LCU per square kilometre 33.09 million constant LCU per square kilometre 3.74 million constant LCU per square kilometre Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (constant lcu), per square, Iceland or Madagascar?
Madagascar, at 35.36 million constant LCU per square kilometre against 32.09 million constant LCU per square kilometre in Iceland as of 2023.
What is the difference in gross value added at basic prices (gva) (constant lcu), per square between Iceland and Madagascar?
3.27 million constant LCU per square kilometre, with Madagascar ahead.
How many years of comparable data are there for Iceland and Madagascar?
29 years are reported by both, from 1995 to 2023.
How do Iceland and Madagascar rank globally for gross value added at basic prices (gva) (constant lcu), per square?
Iceland ranks 59th and Madagascar ranks 56th of 195 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 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 Madagascar: Gross value added at basic prices (GVA) (constant LCU), per square. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu-per-square-kilometre/iceland/madagascar/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 7,796 data points, 1961–2023
Last refreshed

Gross value added at basic prices (GVA) (constant 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.