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

Iceland
115.52 current LCU per US$ of GDP
in 2025
Vanuatu
106.98 current LCU per US$ of GDP
in 2024
Iceland rank
60th
Vanuatu rank
62nd

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

  • Iceland
  • Vanuatu
050100150197319992025

How they compare

Iceland currently reports 115.52 current LCU per US$ of GDP against 106.98 current LCU per US$ of GDP in Vanuatu, a difference of 8.54 current LCU per US$ of GDP.

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

The two have swapped places 3 times across 46 shared years of data; in 1979 it was Vanuatu ahead.

Iceland ranks 60th and Vanuatu ranks 62nd of 205 countries.

Across the 6 decades both report, Iceland averaged higher in 2 and Vanuatu in 4.

Head to head by decade

Decade Iceland Vanuatu Difference Ahead
1970s 2.98 current LCU per US$ of GDP 68.76 current LCU per US$ of GDP 65.78 current LCU per US$ of GDP Vanuatu
1980s 26.36 current LCU per US$ of GDP 91.87 current LCU per US$ of GDP 65.51 current LCU per US$ of GDP Vanuatu
1990s 57.21 current LCU per US$ of GDP 108.9 current LCU per US$ of GDP 51.69 current LCU per US$ of GDP Vanuatu
2000s 72.34 current LCU per US$ of GDP 104.04 current LCU per US$ of GDP 31.7 current LCU per US$ of GDP Vanuatu
2010s 107.01 current LCU per US$ of GDP 91.83 current LCU per US$ of GDP 15.18 current LCU per US$ of GDP Iceland
2020s 120.83 current LCU per US$ of GDP 104.29 current LCU per US$ of GDP 16.54 current LCU per US$ of GDP 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 unit of gdp, Iceland or Vanuatu?
Iceland, at 115.52 current LCU per US$ of GDP against 106.98 current LCU per US$ of GDP in Vanuatu as of 2025.
What is the difference in gross value added at basic prices (gva) (current lcu), per unit of gdp between Iceland and Vanuatu?
8.54 current LCU per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Vanuatu?
46 years are reported by both, from 1979 to 2024.
How do Iceland and Vanuatu rank globally for gross value added at basic prices (gva) (current lcu), per unit of gdp?
Iceland ranks 60th and Vanuatu ranks 62nd of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current 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) (current LCU), per unit of GDP. 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-unit-of-gdp/iceland/vanuatu/

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,105 data points, 1960–2025
Last refreshed

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