Country comparison Azerbaijan vs Iceland

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Gouvernement
GDP Growth (%) [+]20244.1%chart1.3%2025GDP Growth (%) [+]
22,396K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€68,680Mchart€34,257M2025Annual GDP [+]
Annual GDP [+]2024$74,316Mchart$38,583M2025Annual GDP [+]
GDP per capita [+]2024€6,701chart€87,3902025GDP per capita [+]
GDP per capita [+]2024$7,251chart$99,3972025GDP per capita [+]
€8,722M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202414,885chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]202416,106chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]202421.67%chart61.55%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€1,456chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2024$1,575chart$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]20242,786chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]20243,015chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]20244.06%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202423,289.1chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202425,200.0chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,451.2chart1,978.22023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,651.1chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202511.92%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023932.8chart2,318.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20231,009.3chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.26%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20243,429.2chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20243,710.5chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202415.23%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.91%chart47.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,278chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,465chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€242chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$262chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€90chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$98chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€335chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$362chart$02019Defence Expenditure P.C. [+]
Moody's Rating [+]07/04/2025Baa3A109/20/2024Moody's Rating [+]
S&P Rating [+]12/05/2025NRA+03/06/2026S&P Rating [+]
Fitch Rating [+]04/10/2020BB+A05/22/2020Fitch Rating [+]
Corruption Index [+]202323chart722023Corruption Index [+]
Competitiveness Ranking [+]201958ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202472.8chart15.22024Fragile States Index [+]
RTI Raking [+]202450ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202495ºchart22º2024Innovation Ranking [+]
Labour
5.3%January 2026Unemployment Rate [+]
Unemployment rate [+]2016Q45.0%chart3.6%2025Q2Unemployment rate [+]
Unemployed [+]2016Q4253Kchart9K2025Q2Unemployed [+]
NMW [+]2024$202.9chart$3,127.62024NMW [+]
NMW [+]2024€183.8chart€2,830.52024NMW [+]
$85,6212024Average Wage [+]
€79,1042024Average Wage [+]
Human Capital Ranking [+]201654ºchart21º2017Human Capital Ranking [+]
Markets
Euro / Manat [+]11/16/20241.7918chart144.200003/13/2026Euro / Icelandic kronas [+]
US Dollar exchange rate [+]11/16/20241.7000chart125.650003/13/2026US Dollar exchange rate [+]
-1.14%03/13/2026Stock ExchangeYTD % [+]
Prices
5.2%February 2026CPI (overall index) [+]
4.0%December 2025HICP [+]
Money Market
Key rates [+]02/05/20266.50%chart7.25%11/19/2025Key rates [+]
Business
Doing Business [+]202028ºchart26º2020Doing Business [+]
Passengers vehicles Year [+]December 20196,046chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.67chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015134.14chart695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202323.0%chart36.9%2024Tax Revenue (%GDP) [+]
24.00%01/01/2015Standard VAT [+]
44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,508,000chart698,0002021Annual arrivals [+]
Exports [+]2023€31,349.9Mchart€6,429.3M2025Exports [+]
Exports [+]2023$33,898.6Mchart$7,265.0M2025Exports [+]
Exports % GDP [+]202346.82%chart18.77%2025Exports % GDP [+]
Imports [+]2023€15,985.7Mchart€9,513.7M2025Imports [+]
Imports [+]2023$17,285.3Mchart$10,750.3M2025Imports [+]
Imports % GDP [+]202323.87%chart27.77%2025Imports % GDP [+]
Trade balance [+]2023€15,364.2Mchart€-3,084.4M2025Trade balance [+]
Trade balance [+]2023$16,613.3Mchart$-3,485.3M2025Trade balance [+]
Trade balance % GDP [+]202322.94%chart-9.00%2025Trade balance % GDP [+]
Socio-Demography
7º2015Global AgeWatch Ranking [+]
Density [+]2024118chart42024Density [+]
Global Peace Ranking [+]2024106ºchart1º2024Global Peace Ranking [+]
Crude divorce rate [+]20221.60‰chart1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,050.3chart171.92017Remittance received ($M) [+]
% Immigrant [+]20202.49%chart17.74%2020% Immigrant [+]
% Emigrant [+]202011.50%chart11.73%2020% Emigrant [+]
Birth Rate [+]202410.00‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017285.0chart132.92017Remittance sent ($M) [+]
Crude death rate [+]20245.80‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.562024Fertility Rate [+]
Crude marriage rate [+]20226.10‰chart5.00‰2020Crude marriage rate [+]
% risk of poverty [+]20126.0%chart8.8%2020% risk of poverty [+]
Population [+]202410,224,889chart389,4442024Population [+]
Immigrant stock [+]2020252,228chart65,4242020Immigrant stock [+]
Emigrant stock [+]20201,163,922chart43,2512020Emigrant stock [+]
HDI [+]20220.760chart0.9592022HDI [+]
Gender Gap Ranking [+]2024103ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202374.43chart82.802024Life expectancy [+]
Suicides [+]2015319chart482024Suicides [+]
Suicide rate [+]20153.28chart12.332024Suicide rate [+]
Number of homicides [+]2024206chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.16chart1.292023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.14chart8.792023CO2 Tons per capita [+]
Annual crude oil production [+]2024591
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202424,465chart18,4852024Consumption GWh [+]
Generation GWh [+]202427,832chart19,0572024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202610,353chart18602/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026836,510chart211,23002/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/28/20224,862,494chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20261,012.53chart477.6002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/28/202213,857,111chart903,42412/23/2023Doses administered [+]
Azerbaijan
Iceland