Iceland vs Nepal: Gross value added at basic prices (GVA)

Iceland

34.70 billion current US$

in 2025

Nepal

40.02 billion current US$

in 2025

Iceland rank

105th

Nepal rank

102nd

Gross value added at basic prices (GVA) over time

Iceland
Nepal

How they compare

Nepal currently reports 40.02 billion current US$ against 34.70 billion current US$ in Iceland, a difference of 5.32 billion current US$.

That makes Nepal's figure about 1.2 times Iceland's.

The two have swapped places 3 times across 53 shared years of data; in 1973 it was Iceland ahead.

Globally, Iceland ranks 105th and Nepal ranks 102nd of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current US$)
Unit: current US$
Source: Country official statistics, National Statistical Offices (NSOs)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 244 places, 10,967 data points, 1960–2025
Last refreshed: 06 August 2026

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 indicator is expressed in United States dollars.