Mongolia vs Iceland Country Comparison
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Comparative Statistics (Mongolia vs Iceland)
ⓘ When data for the selected year is missing, the closest prior year with data is used instead. Whenever the two countries' data points are 5+ years apart those indicators are excluded from the total score.
Iceland leads against Mongolia in 10 of 11 comparable indicators, while Mongolia leads in 1. Mongolia's strongest global position is 39th (2024) in GDP growth (annual %). Iceland's strongest global position is 8th (2023) in Rule of Law: Estimate.
- Mongolia wins against Iceland in GDP growth (annual %): 5.12 (2024, ranked 39th) vs -0.97 (2024, ranked 199th).
- Iceland wins against Mongolia in GDP per capita, PPP (constant 2021 international $): 67,310.06 (2024, ranked 19th) vs 16,842.65 (2024, ranked 104th).
- Iceland wins against Mongolia in Gini index: 26.80 (2019, ranked 17th) vs 31.40 (2022, ranked 48th).
- Iceland wins against Mongolia in Individuals using the Internet (% of population): 98.21 (2024, ranked 12th) vs 85.12 (2024, ranked 93rd).
- Iceland wins against Mongolia in Life expectancy at birth, total (years): 82.81 (2024, ranked 26th) vs 72.40 (2024, ranked 134th).
- Iceland wins against Mongolia in Lower secondary completion rate, total (% of relevant age group): 97.79 (2023, ranked 38th) vs 89.11 (2024, ranked 96th).
- Iceland wins against Mongolia in Unemployment, total (% of total labor force) (modeled ILO estimate): 3.63 (2025, ranked 62nd) vs 5.23 (2025, ranked 95th).
- Iceland wins against Mongolia in Regulatory Quality: Estimate: 1.28 (2023, ranked 27th) vs -0.18 (2023, ranked 108th).
- Iceland wins against Mongolia in Control of Corruption: Estimate: 1.55 (2023, ranked 18th) vs -0.49 (2023, ranked 130th).
- Iceland wins against Mongolia in Rule of Law: Estimate: 1.72 (2023, ranked 8th) vs -0.18 (2023, ranked 114th).
- Iceland wins against Mongolia in Political Stability and Absence of Violence/Terrorism: Estimate: 1.21 (2023, ranked 10th) vs 0.59 (2023, ranked 66th).
| Metric | Mongolia(1) | Iceland(10) |
|---|---|---|
| GDP growth (annual %) | (2024) 5.12 (39/214) | (2024) -0.97 (199/214) |
| GDP per capita, PPP (constant 2021 international $) | (2024) 16,842.65 (104/199) | (2024) 67,310.06 (19/199) |
| Gini index | (2022) 31.40 (48/171) | (2019) 26.80 (17/171) |
| Individuals using the Internet (% of population) | (2024) 85.12 (93/213) | (2024) 98.21 (12/213) |
| Life expectancy at birth, total (years) | (2024) 72.40 (134/217) | (2024) 82.81 (26/217) |
| Lower secondary completion rate, total (% of relevant age group) | (2024) 89.11 (96/197) | (2023) 97.79 (38/197) |
| Unemployment, total (% of total labor force) (modeled ILO estimate) | (2025) 5.23 (95/187) | (2025) 3.63 (62/187) |
| Regulatory Quality: Estimate | (2023) -0.18 (108/205) | (2023) 1.28 (27/205) |
| Control of Corruption: Estimate | (2023) -0.49 (130/205) | (2023) 1.55 (18/205) |
| Rule of Law: Estimate | (2023) -0.18 (114/205) | (2023) 1.72 (8/205) |
| Political Stability and Absence of Violence/Terrorism: Estimate | (2023) 0.59 (66/205) | (2023) 1.21 (10/205) |