Statement:
Singapore has higher GDP than Iceland

In the Richest countries rating Singapore holds position #10 2020 out of 191 and Iceland is #11 out of 191 2020.
Position of Singapore is better than position of Iceland.

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
    Singapore 'GDP per capita (current US$)' value is 60,729.45