Statement:
Iceland has higher GDP than Micronesia

In the Richest countries rating Iceland holds position #11 2020 out of 191 and Micronesia is #126 out of 191 2020.
Position of Iceland is better than position of Micronesia.

Referencies:

  1. Richest countries 2020 by World Bank
    The countries in the rating sorted by 'GDP per capita (current US$)' in descending order.
    Iceland 'GDP per capita (current US$)' value is 59,264.03
    Micronesia 'GDP per capita (current US$)' value is 3,542.97