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

Iceland
38.85 million current LCU per square kilometre
in 2023
Mongolia
40.90 million current LCU per square kilometre
in 2023
Iceland rank
70th
Mongolia rank
69th

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

  • Iceland
  • Mongolia
010.0M20.0M30.0M40.0M197319982023

How they compare

Mongolia currently reports 40.90 million current LCU per square kilometre against 38.85 million current LCU per square kilometre in Iceland, a difference of 2.05 million current LCU per square kilometre.

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

The two have swapped places 1 time across 43 shared years of data; in 1981 it was Iceland ahead.

Iceland ranks 70th and Mongolia ranks 69th of 204 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1980s 1.32 million current LCU per square kilometre 5,601 current LCU per square kilometre 1.31 million current LCU per square kilometre Iceland
1990s 4.28 million current LCU per square kilometre 303,023 current LCU per square kilometre 3.98 million current LCU per square kilometre Iceland
2000s 9.82 million current LCU per square kilometre 1.93 million current LCU per square kilometre 7.88 million current LCU per square kilometre Iceland
2010s 20.51 million current LCU per square kilometre 13.07 million current LCU per square kilometre 7.43 million current LCU per square kilometre Iceland
2020s 32.61 million current LCU per square kilometre 29.67 million current LCU per square kilometre 2.94 million current LCU per square kilometre Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current lcu), per square, Iceland or Mongolia?
Mongolia, at 40.90 million current LCU per square kilometre against 38.85 million current LCU per square kilometre in Iceland as of 2023.
What is the difference in gross value added at basic prices (gva) (current lcu), per square between Iceland and Mongolia?
2.05 million current LCU per square kilometre, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
43 years are reported by both, from 1981 to 2023.
How do Iceland and Mongolia rank globally for gross value added at basic prices (gva) (current lcu), per square?
Iceland ranks 70th and Mongolia ranks 69th of 204 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current 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 Mongolia: Gross value added at basic prices (GVA) (current LCU), per square. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/iceland/mongolia/

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 8,532 data points, 1961–2023
Last refreshed

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