Statement:
Portugal has lower GDP than Iceland

In the Richest countries rating Portugal holds position #45 2020 out of 191 and Iceland is #11 out of 191 2020.
Position of Portugal is worse than position of Iceland.

Referencies:

  1. 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
    Portugal 'GDP per capita (current US$)' value is 22,194.57