Iceland vs Vanuatu: Taxes less subsidies on products (constant LCU), per unit of GDP
Iceland
9.12 constant LCU per US$ of GDP
in 2025
Vanuatu
12.19 constant LCU per US$ of GDP
in 2024
Iceland rank
44th
Vanuatu rank
41st
Taxes less subsidies on products (constant LCU), per unit of GDP over time
- Iceland
- Vanuatu
How they compare
Vanuatu currently reports 12.19 constant LCU per US$ of GDP against 9.12 constant LCU per US$ of GDP in Iceland, a difference of 3.07 constant LCU per US$ of GDP.
That makes Vanuatu's figure about 1.3 times Iceland's.
The two have swapped places 2 times across 27 shared years of data; in 1998 it was Vanuatu ahead.
Iceland ranks 44th and Vanuatu ranks 41st of 189 countries.
Vanuatu has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.63 constant LCU per US$ of GDP | 37.54 constant LCU per US$ of GDP | 17.91 constant LCU per US$ of GDP | Vanuatu |
| 2000s | 16.9 constant LCU per US$ of GDP | 31.58 constant LCU per US$ of GDP | 14.68 constant LCU per US$ of GDP | Vanuatu |
| 2010s | 14.44 constant LCU per US$ of GDP | 15.91 constant LCU per US$ of GDP | 1.47 constant LCU per US$ of GDP | Vanuatu |
| 2020s | 11.62 constant LCU per US$ of GDP | 13.22 constant LCU per US$ of GDP | 1.6 constant LCU per US$ of GDP | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, Iceland or Vanuatu?
- Vanuatu, at 12.19 constant LCU per US$ of GDP against 9.12 constant LCU per US$ of GDP in Iceland as of 2024.
- What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Iceland and Vanuatu?
- 3.07 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 taxes less subsidies on products (constant lcu), per unit of gdp?
- Iceland ranks 44th and Vanuatu ranks 41st of 189 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products (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.