Iceland vs Mongolia: Taxes less subsidies on products (constant LCU), per capita

Iceland
897,160 constant LCU per person
in 2025
Mongolia
1.23 million constant LCU per person
in 2025
Iceland rank
10th
Mongolia rank
8th

Taxes less subsidies on products (constant LCU), per capita over time

  • Iceland
  • Mongolia
0500.0k1.0M198120032025

How they compare

Mongolia currently reports 1.23 million constant LCU per person against 897,160 constant LCU per person in Iceland, a difference of 330,120 constant LCU per person.

That makes Mongolia's figure about 1.4 times Iceland's.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 10th and Mongolia ranks 8th of 189 countries.

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

Head to head by decade

Decade Iceland Mongolia Difference Ahead
1990s 594,032 constant LCU per person -10,613 constant LCU per person 604,645 constant LCU per person Iceland
2000s 746,202 constant LCU per person 266,458 constant LCU per person 479,744 constant LCU per person Iceland
2010s 814,501 constant LCU per person 771,395 constant LCU per person 43,106 constant LCU per person Iceland
2020s 868,809 constant LCU per person 1.07 million constant LCU per person 198,468 constant LCU per person Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), per capita, Iceland or Mongolia?
Mongolia, at 1.23 million constant LCU per person against 897,160 constant LCU per person in Iceland as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), per capita between Iceland and Mongolia?
330,120 constant LCU per person, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Mongolia rank globally for taxes less subsidies on products (constant lcu), per capita?
Iceland ranks 10th and Mongolia ranks 8th of 189 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Taxes less subsidies on products (constant LCU), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-per-capita/iceland/mongolia/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), per capita
Unit
constant LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,356 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.