Statement:
Palau has lower GDP than Iceland
In the Richest countries rating
Palau holds position #60 2020
out of 191 and Iceland is #11 out of 191 2020.
Position of Palau is worse than position of Iceland.
Referencies:
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Richest countries 2020 by World BankThe 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 Palau 'GDP per capita (current US$)' value is 14,243.86