Iceland vs Mongolia: Industrial Production, constant US$
Iceland
7.22 billion
in 2017
Mongolia
7.35 billion
in 2025
Iceland rank
70th
Mongolia rank
69th
Industrial Production, constant US$ over time
- Iceland
- Mongolia
How they compare
Mongolia currently reports 7.35 billion against 7.22 billion in Iceland, a difference of 129.23 million.
Across all 11 years both countries report, Iceland has been ahead every year.
Iceland ranks 70th and Mongolia ranks 69th of 89 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.00 billion | 1.63 billion | 3.36 billion | Iceland |
| 2010s | 7.17 billion | 3.30 billion | 3.87 billion | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industrial production, constant us$, Iceland or Mongolia?
- Mongolia, at 7.35 billion against 7.22 billion in Iceland as of 2025.
- What is the difference in industrial production, constant us$ between Iceland and Mongolia?
- 129.23 million, with Mongolia ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 11 years are reported by both, from 2007 to 2017.
- How do Iceland and Mongolia rank globally for industrial production, constant us$?
- Iceland ranks 70th and Mongolia ranks 69th of 89 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream data, published as Industrial Production, constant US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.