Iceland vs Laos: GDP
GDP over time
- Iceland
- Laos
How they compare
Iceland currently reports 23.12 billion constant 2015 US$ against 22.10 billion constant 2015 US$ in Laos, a difference of 1.01 billion constant 2015 US$.
Across all 42 years both countries report, Iceland has been ahead every year.
Globally, Iceland ranks 116th and Laos ranks 118th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.