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Iceland  

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

Iceland, with a population of 333,000 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 112 position by nominal GDP. Its national debt in 2015 was 10,183 millions of euros11,299 millions of dollars, ( 67.59% debt-to-GDP ratio) and its public debt per capita is 30,581 € euros per inhabitant33,983$ dollars per inhabitant.

The last annual rate of CPI published in Iceland was on November of 2016 and it was 2.1%.

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.$ [+]201516,718M.$
GDP Mill. € [+]201515,130M.€
GDP per capita [+]201545,700€
GDP per capita [+]201550,277$
Qu. GDP Per Capita [+]2016Q212,849€
Quat. GDP Mill.€ [+]2016Q24,279M.€
Debt [+]201510,183 M.€
Debt [+]201511,299 M.$
Debt (%GDP) [+]201567.59%
Debt Per Capita [+]201533,983$
Debt Per Capita [+]201530,581 €
Deficit [+]2015-126 M.€
Deficit [+]2015-140 M.$
Deficit (%GDP) [+]2015-0.80%
Gov. Health Exp. (M.€) [+]20156,489.8
Expenditure (M.$) [+]20157,200.4
Education Expenditure (M.€) [+]2011741.8
Education Expenditure (M.$) [+]20111,031.9
Education Expenditure (%Bud.) [+]201115.42%
Gov. Health Exp.(M.$) [+]20151,191.0
Gov. Health Exp. (%Bud.) [+]201415.73%
Defence Expenditure (M.$) [+]201217.5
Defence Expenditure (M.€) [+]201213.6
Defence Expenditure (%Bud.) [+]20120.36%
Expenditure (%GDP) [+]201542.90%
Expenditure Per Capita [+]201519,489€
Expenditure Per Capita [+]201521,623$
Education Expenditure P.C [+]20113,229$
Education Expenditure P.C [+]20112,322€
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 [+]01/15/2016BBB+
Fitch Rating [+]07/22/2016BBB+
Corruption Index [+]201579
Competitiveness Ranking [+]201629º
Fragile States Index [+]201523.4
RTI Raking [+]11/01/201696º
Innovation Ranking [+]201613º
Labour
Human Capital Ranking [+]201520º
Unemployed [+]2016Q27 m.
Unemployment Rate [+]October 20162.9%
Unemployment rate [+]2016Q23.6%
Average Wage [+]201550,858€
Average Wage [+]201556,427$
Markets
Euro / Icelandic kronas [+]12/07/2016118.5500
Stock ExchangeYTD % [+]12/07/2016-7.11%
Prices
CPI (overall index) [+]November 20162.1%
HICP [+]October 20160.3%
Money Market
Key rates [+]08/24/20165.25%
Business
Doing Business [+]201720º
Vehicles / 1,000 people [+]2014783.86
Passengers vehicles Year [+]October 201618,488
Annual Vehicles/ 1,000 p. [+]October 201661.82
Taxes
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]201544.4%
Trade
Exports [+]20154,198.0 M.€
Exports [+]20154,745.3 M.$
Exports % GDP [+]201527.75%
Imports [+]20154,104.0 M.€
Imports [+]20155,294.6 M.$
Imports % GDP [+]201527.12%
Trade balance [+]201594.0 M.€
Trade balance [+]2015-549.3 M.$
Trade balance % GDP [+]20150.62%
Socio-Demography
Crude death rate [+]20156.60‰
% risk of poverty [+]20159.6%
Population [+]2015333,000
Density [+]20153
HDI [+]20140.899
Global Peace Ranking [+]2016
Gender Gap Ranking [+]2016
Ranking [+]2015
Birth Rate [+]201512.50‰
Fertility Rate [+]20141.93
Life expectancy [+]201482.90
Crude marriage rate [+]20114.60‰
Crude divorce rate [+]20111.60‰
Number of homicides [+]20131
Rate Homicides per 100.000 [+]20130.3