Iceland vs Vanuatu: Gross value added at basic prices (GVA) (constant LCU), per unit of

Iceland
83.85 constant LCU per US$ of GDP
in 2025
Vanuatu
106.98 constant LCU per US$ of GDP
in 2024
Iceland rank
49th
Vanuatu rank
47th

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

  • Iceland
  • Vanuatu
100150200250300199520102025

How they compare

Vanuatu currently reports 106.98 constant LCU per US$ of GDP against 83.85 constant LCU per US$ of GDP in Iceland, a difference of 23.13 constant LCU per US$ of GDP.

That makes Vanuatu's figure about 1.3 times Iceland's.

The two have swapped places 4 times across 27 shared years of data; in 1998 it was Vanuatu ahead.

Iceland ranks 49th and Vanuatu ranks 47th of 196 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and Vanuatu in 3.

Head to head by decade

Decade Iceland Vanuatu Difference Ahead
1990s 180.41 constant LCU per US$ of GDP 273.52 constant LCU per US$ of GDP 93.12 constant LCU per US$ of GDP Vanuatu
2000s 155.33 constant LCU per US$ of GDP 216.81 constant LCU per US$ of GDP 61.48 constant LCU per US$ of GDP Vanuatu
2010s 132.7 constant LCU per US$ of GDP 128.55 constant LCU per US$ of GDP 4.15 constant LCU per US$ of GDP Iceland
2020s 106.79 constant LCU per US$ of GDP 111.15 constant LCU per US$ of GDP 4.36 constant LCU per US$ of GDP Vanuatu

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 unit of, Iceland or Vanuatu?
Vanuatu, at 106.98 constant LCU per US$ of GDP against 83.85 constant LCU per US$ of GDP in Iceland as of 2024.
What is the difference in gross value added at basic prices (gva) (constant lcu), per unit of between Iceland and Vanuatu?
23.13 constant LCU per US$ of GDP, with Vanuatu ahead.
How many years of comparable data are there for Iceland and Vanuatu?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Vanuatu rank globally for gross value added at basic prices (gva) (constant lcu), per unit of?
Iceland ranks 49th and Vanuatu ranks 47th of 196 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (constant LCU), 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 Vanuatu: Gross value added at basic prices (GVA) (constant LCU), per unit of. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu-per-unit-of-gdp/iceland/vanuatu/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,292 data points, 1960–2025
Last refreshed

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