Country comparison Canada vs Iceland

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Gouvernement
GDP Growth (%) [+]20242.0%chart-1.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q312,261Kchart22,143K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€2,073,496Mchart€30,697M2024Annual GDP [+]
Annual GDP [+]2024$2,270,076Mchart$33,222M2024Annual GDP [+]
GDP per capita [+]2024€50,396chart€79,4002024GDP per capita [+]
GDP per capita [+]2024$54,531chart$86,6642024GDP per capita [+]
Quarterly GDP [+]2025Q3€505,905Mchart€8,623M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20242,307,846chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]20242,497,217chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]2024111.30%chart61.55%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€55,931chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2024$60,521chart$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]2024-41,760chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]2024-45,187chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.01%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024927,170.9chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]20241,003,249.9chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202391,139.7chart1,978.92023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202399,629.5chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202311.22%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2024164,385,972,701.1chart2,318,346,769.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2024177,921.1chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202417.76%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202427,225.7chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202429,806.9chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20243.08%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202444.72%chart47.00%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€22,470chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$24,314chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€2,280chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$2,466chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€3,981chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,477chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€662chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$716chart$02019Defence Expenditure P.C. [+]
Moody's Rating [+]05/02/2024AaaA109/20/2024Moody's Rating [+]
S&P Rating [+]07/29/2002AAAA+11/10/2023S&P Rating [+]
Fitch Rating [+]06/24/2020AA+A05/22/2020Fitch Rating [+]
Corruption Index [+]202376chart722023Corruption Index [+]
Competitiveness Ranking [+]201914ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202418.6chart15.22024Fragile States Index [+]
RTI Raking [+]202453ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202414ºchart22º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20256.8%chart4.6%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q16.9%chart3.6%2025Q2Unemployment rate [+]
Unemployed [+]2025Q11,547Kchart9K2025Q2Unemployed [+]
NMW [+]2024$2,113.8chart$3,127.62024NMW [+]
NMW [+]2024€1,905.9chart€2,830.52024NMW [+]
Average Wage [+]2015$39,792chart$85,6212024Average Wage [+]
Average Wage [+]2024€56,082chart€79,1042024Average Wage [+]
Human Capital Ranking [+]201714ºchart21º2017Human Capital Ranking [+]
Markets
Euro / Canadian dollars [+]01/13/20261.6172chart147.200001/12/2026Euro / Icelandic kronas [+]
US Dollar exchange rate [+]01/12/20261.3875chart125.900001/12/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]01/13/20263.41%
Risk Premium [+]01/13/202660
Stock ExchangeYTD % [+]12/31/2026-0.48%chart0%12/30/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.2%chart4.5%December 2025CPI (overall index) [+]
3.4%November 2025HICP [+]
PPI Year on Year [+]November 20256.1%
Money Market
Key rates [+]10/29/20252.25%chart7.25%11/19/2025Key rates [+]
Business
Doing Business [+]202023ºchart26º2020Doing Business [+]
Passengers vehicles Year [+]December 2024247,205chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202446.50chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20231,553,026
Vehicles / 1,000 people [+]2020704.42chart695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202334.8%chart36.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20085.00%chart24.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202253.5%chart44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]202212,824,000chart698,0002021Annual arrivals [+]
Exports [+]2023€526,161.9Mchart€6,404.4M2024Exports [+]
Exports [+]2023$568,938.9Mchart$6,932.0M2024Exports [+]
Exports % GDP [+]202326.18%chart20.86%2024Exports % GDP [+]
Imports [+]2023€527,590.9Mchart€8,922.6M2024Imports [+]
Imports [+]2023$570,484.1Mchart$9,657.6M2024Imports [+]
Imports % GDP [+]202326.26%chart29.07%2024Imports % GDP [+]
Trade balance [+]2023€-1,429.0Mchart€-2,518.2M2024Trade balance [+]
Trade balance [+]2023$-1,161.8Mchart$-2,725.7M2024Trade balance [+]
Trade balance % GDP [+]2023-0.07%chart-8.20%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20227.3%
Socio-Demography
Global AgeWatch Ranking [+]20155ºchart7º2015Global AgeWatch Ranking [+]
Density [+]20254chart42024Density [+]
Global Peace Ranking [+]202411ºchart1º2024Global Peace Ranking [+]
1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]20171,340.4chart171.92017Remittance received ($M) [+]
% Immigrant [+]202021.17%chart17.74%2020% Immigrant [+]
% Emigrant [+]20203.40%chart11.73%2020% Emigrant [+]
Birth Rate [+]20238.80‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]201724,559.0chart132.92017Remittance sent ($M) [+]
Crude death rate [+]20238.10‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20231.26chart1.552023Fertility Rate [+]
5.00‰2020Crude marriage rate [+]
8.8%2020% risk of poverty [+]
Population [+]202541,651,653chart389,4442024Population [+]
Immigrant stock [+]20208,049,323chart65,4242020Immigrant stock [+]
Emigrant stock [+]20201,292,329chart43,2512020Emigrant stock [+]
HDI [+]20220.935chart0.9592022HDI [+]
Gender Gap Ranking [+]202436ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202381.65chart82.802024Life expectancy [+]
Suicides [+]20223,589chart482024Suicides [+]
Suicide rate [+]20229.20chart12.332024Suicide rate [+]
Number of homicides [+]2023778chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.98chart1.292023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202314.91chart8.792023CO2 Tons per capita [+]
Annual crude oil production [+]20244,776
Crude Oil Reserves [+]2021170,300.0
Consumption GWh [+]2023549,836chart19,2732023Consumption GWh [+]
Generation GWh [+]2023609,327chart19,8162023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/202555,282chart18612/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20254,819,055chart211,14812/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/02/202331,762,130chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20251,327.25chart477.6012/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]07/24/2024102,877,160chart903,42412/23/2023Doses administered [+]
Canada
Iceland