Iceland vs Vanuatu: Taxes less subsidies on products (current LCU), per unit of GDP

Iceland
12.93 current LCU per US$ of GDP
in 2025
Vanuatu
12.19 current LCU per US$ of GDP
in 2024
Iceland rank
50th
Vanuatu rank
52nd

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Iceland
  • Vanuatu
05101520199520102025

How they compare

Iceland currently reports 12.93 current LCU per US$ of GDP against 12.19 current LCU per US$ of GDP in Vanuatu, a difference of 0.74 current LCU per US$ of GDP.

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

The two have swapped places 1 time across 27 shared years of data; in 1998 it was Vanuatu ahead.

Iceland ranks 50th and Vanuatu ranks 52nd of 197 countries.

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

Head to head by decade

Decade Iceland Vanuatu Difference Ahead
1990s 9.75 current LCU per US$ of GDP 15.22 current LCU per US$ of GDP 5.47 current LCU per US$ of GDP Vanuatu
2000s 10 current LCU per US$ of GDP 14.62 current LCU per US$ of GDP 4.61 current LCU per US$ of GDP Vanuatu
2010s 12.26 current LCU per US$ of GDP 10.25 current LCU per US$ of GDP 2.01 current LCU per US$ of GDP Iceland
2020s 13.89 current LCU per US$ of GDP 11.4 current LCU per US$ of GDP 2.48 current LCU per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Iceland or Vanuatu?
Iceland, at 12.93 current LCU per US$ of GDP against 12.19 current LCU per US$ of GDP in Vanuatu as of 2025.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Iceland and Vanuatu?
0.74 current LCU per US$ of GDP, with Iceland 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 (current lcu), per unit of gdp?
Iceland ranks 50th and Vanuatu ranks 52nd of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (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: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/iceland/vanuatu/

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About this data

Indicator
Taxes less subsidies on products (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
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (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.