Iceland vs Nepal: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Iceland
- Nepal
How they compare
Nepal currently reports 5.45 trillion current LCU against 4.46 trillion current LCU in Iceland, a difference of 997.50 billion current LCU.
That makes Nepal's figure about 1.2 times Iceland's.
The two have swapped places 2 times across 53 shared years of data; in 1973 it was Nepal ahead.
Iceland ranks 71st and Nepal ranks 68th of 206 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Nepal in 3.
Head to head by decade
| Decade | Iceland | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.62 billion current LCU | 15.74 billion current LCU | 12.12 billion current LCU | Nepal |
| 1980s | 120.44 billion current LCU | 45.89 billion current LCU | 74.55 billion current LCU | Iceland |
| 1990s | 429.34 billion current LCU | 201.68 billion current LCU | 227.66 billion current LCU | Iceland |
| 2000s | 984.29 billion current LCU | 566.06 billion current LCU | 418.23 billion current LCU | Iceland |
| 2010s | 2.06 trillion current LCU | 2.15 trillion current LCU | 95.14 billion current LCU | Nepal |
| 2020s | 3.61 trillion current LCU | 4.45 trillion current LCU | 839.22 billion current LCU | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Iceland or Nepal?
- Nepal, at 5.45 trillion current LCU against 4.46 trillion current LCU in Iceland as of 2025.
- What is the difference in gross value added at basic prices (gva) between Iceland and Nepal?
- 997.50 billion current LCU, with Nepal ahead.
- How many years of comparable data are there for Iceland and Nepal?
- 53 years are reported by both, from 1973 to 2025.
- How do Iceland and Nepal rank globally for gross value added at basic prices (gva)?
- Iceland ranks 71st and Nepal ranks 68th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current LCU). 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 reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.