Logo

Iceland  

Iceland, is a country located at Northern Europe, it has an area of 103,000 Km2,

Iceland, with a population of 336,000 people, it is one of the least populous country in the world and it has a low population density, 3 people per km2.

The capital is Reykjavik and its currency is Icelandic kronas

Iceland is holding the 109 position by nominal GDP. Its national debt in 2015 was 10,293 millions of euros11,420 millions of dollars, ( 68.05% debt-to-GDP ratio) and its public debt per capita is 30,954 € euros per inhabitant34,347$ dollars per inhabitant.

The last annual rate of CPI published in Iceland was on December of 2016 and it was 1.9%.

In terms of the human development index (HDI) of Iceland, which is the index used by the United Nations to measure the progress of a country, was 0.899 points in 2014, leaving it in 16th place in the table of 187 countries published.

If the reason to visit Iceland are business, you must know it's in the 20th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Iceland, if you want to see information about other countries click here

Iceland Economy
Government
GDP Mill. € [+]201618,130M.€
GDP Mill.$ [+]201620,047M.$
GDP per capita [+]201653,900€
GDP per capita [+]201659,629$
Qu. GDP Per Capita [+]2016Q415,717€
Quat. GDP Mill.€ [+]2016Q45,281M.€
Debt [+]201510,293 M.€
Debt [+]201511,420 M.$
Debt (%GDP) [+]201568.05%
Debt Per Capita [+]201530,954 €
Debt Per Capita [+]201534,347$
Deficit [+]20163,120 M.€
Deficit [+]20163,454 M.$
Deficit (%GDP) [+]201617.20%
Gov. Health Exp. (M.€) [+]20167,473.9
Expenditure (M.$) [+]20168,272.9
Education Expenditure (M.€) [+]2011741.8
Education Expenditure (M.$) [+]20111,032.6
Education Expenditure (%Bud.) [+]201115.42%
Gov. Health Exp. (M.€) [+]20151,073.4
Gov. Health Exp.(M.$) [+]20151,191.0
Gov. Health Exp. (%Bud.) [+]201415.73%
Defence Expenditure (M.€) [+]201213.6
Defence Expenditure (M.$) [+]201217.4
Defence Expenditure (%Bud.) [+]20120.36%
Expenditure (%GDP) [+]201641.20%
Expenditure Per Capita [+]201622,244€
Expenditure Per Capita [+]201624,622$
Education Expenditure P.C [+]20112,322€
Education Expenditure P.C [+]20113,231$
Gov. Health Exp. P.C. [+]20153,262€
Gov. Health Exp. P.C. [+]20153,619$
Defence Expenditure P.C. [+]201242€
Defence Expenditure P.C. [+]201254$
Moody's Rating [+]09/01/2016A3
S&P Rating [+]03/17/2017A
Fitch Rating [+]01/13/2017BBB+
Corruption Index [+]201678
Competitiveness Ranking [+]201629º
Fragile States Index [+]201523.4
RTI Raking [+]11/01/201696º
Innovation Ranking [+]201613º
Labour
Unemployment Rate [+]April 20172.4%
Unemployment rate [+]2016Q42.5%
Unemployed [+]2016Q45 m.
Average Wage [+]201663,236€
Average Wage [+]201669,996$
Human Capital Ranking [+]201520º
Markets
Euro / Icelandic kronas [+]06/23/2017116.0000
Stock ExchangeYTD % [+]06/23/201710.75%
Prices
CPI (overall index) [+]December 20161.9%
HICP [+]May 2017-2.5%
Money Market
Key rates [+]06/14/20174.50%
Business
Doing Business [+]201720º
Passengers vehicles Year [+]May 201719,047
Annual Vehicles/ 1,000 p. [+]May 201763.56
Vehicles / 1,000 people [+]2014783.86
Taxes
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]201644.4%
Trade
Exports [+]20164,026.0 M.€
Exports [+]20164,455.8 M.$
Exports % GDP [+]201622.21%
Imports [+]20164,987.0 M.€
Imports [+]20165,699.3 M.$
Imports % GDP [+]201627.51%
Trade balance [+]2016-961.0 M.€
Trade balance [+]2016-1,243.5 M.$
Trade balance % GDP [+]2016-5.30%
Socio-Demography
Density [+]20163
Population [+]2016336,000
Immigrant stock [+]201537,522
Remittance received (M.$) [+]2015190.6
% Immigrant [+]201511.28%
Remittance sent (M.$) [+]2015126.5
Emigrant stock [+]201538,496
% Emigrant [+]201511.58%
HDI [+]20140.899
Global Peace Ranking [+]2017
Gender Gap Ranking [+]2016
Ranking [+]2015
Birth Rate [+]201512.50‰
Fertility Rate [+]20151.80
Crude death rate [+]20156.60‰
Life expectancy [+]201582.50
Crude marriage rate [+]20114.60‰
Crude divorce rate [+]20111.60‰
Number of homicides [+]20131
Rate Homicides per 100.000 [+]20130.3
% risk of poverty [+]20159.6%
Environment and Energy
CO2 Tons per capita [+]201511.76