Country comparison Iceland vs Andorra

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20251.3%chart3.8%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q422,396K
Annual GDP [+]2025€34,257Mchart€3,736M2024Annual GDP [+]
Annual GDP [+]2025$38,583Mchart$4,038M2024Annual GDP [+]
GDP per capita [+]2025€87,390chart€42,9002024GDP per capita [+]
GDP per capita [+]2025$99,071chart$46,3592024GDP per capita [+]
Quarterly GDP [+]2025Q4€8,722M
Debt (M.€.) [+]202318,027chart1,2422023Debt (M.€.) [+]
Debt ($M) [+]202319,498chart1,3432023Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart35.47%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€14,5942023Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$15,7822023Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart752023Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart812023Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart2.15%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart1,256.02023Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart1,358.22023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.2chart66.52023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,138.7chart71.92023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart12.13%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318.3chart190.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart206.42023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart15.19%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190
Defence Expenditure ($M) [+]20190
Defence Expenditure (%Bud.) [+]20200%
Expenditure (%GDP) [+]202447.10%chart35.88%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€14,7592023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$15,9602023Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€7812023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$8452023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€2,3602023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$2,5532023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0
Defence Expenditure P.C. [+]2019$0
Moody's Rating [+]09/20/2024A1
S&P Rating [+]03/06/2026A+A-05/10/2024S&P Rating [+]
Fitch Rating [+]05/22/2020AA-07/08/2022Fitch Rating [+]
Corruption Index [+]202372
Competitiveness Ranking [+]201926º
Fragile States Index [+]202415.2
RTI Raking [+]2024115ºchart94º2024RTI Raking [+]
Innovation Ranking [+]202422º
Labour
Unemployment Rate [+]February 20266.0%
Unemployment rate [+]2025Q23.6%chart1.4%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29K
NMW [+]2024$3,127.6chart$1,520.82024NMW [+]
NMW [+]2024€2,830.5chart€1,376.32024NMW [+]
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721º
Markets
Euro / Icelandic kronas [+]04/10/2026143.4000
US Dollar exchange rate [+]04/10/2026122.4500chart0.853904/10/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/10/2026-4.08%
Prices
CPI (overall index) [+]March 20265.4%chart3.1%February 2026CPI (overall index) [+]
HICP [+]December 20254.0%
Money Market
Key rates [+]03/18/20267.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026º
Passengers vehicles Year [+]December 202420,014
Annual Vehicles/ 1,000 p. [+]December 202247.75
Vehicles / 1,000 people [+]2021695.18
Taxes
Tax Revenue (%GDP) [+]202436.9%chart27.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]202244.4%
Trade
Annual arrivals [+]2021698,000chart3,555,1002022Annual arrivals [+]
Exports [+]2025€6,429.3Mchart€233.4M2023Exports [+]
Exports [+]2025$7,265.0Mchart$252.4M2023Exports [+]
Exports % GDP [+]202518.77%chart6.67%2023Exports % GDP [+]
Imports [+]2025€9,513.7Mchart€1,844.8M2023Imports [+]
Imports [+]2025$10,750.3Mchart$1,994.8M2023Imports [+]
Imports % GDP [+]202527.77%chart52.70%2023Imports % GDP [+]
Trade balance [+]2025€-3,084.4Mchart€-1,611.4M2023Trade balance [+]
Trade balance [+]2025$-3,485.3Mchart$-1,742.4M2023Trade balance [+]
Trade balance % GDP [+]2025-9.00%chart-46.03%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]20157º
Density [+]20244chart1892025Density [+]
Global Peace Ranking [+]20241º
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017171.9
% Immigrant [+]202017.74%chart58.42%2020% Immigrant [+]
% Emigrant [+]202011.73%chart14.27%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart5.50‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart292.62017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart4.30‰2023Crude death rate [+]
Fertility Rate [+]20241.56chart1.082023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart5.03‰2024Crude marriage rate [+]
% risk of poverty [+]20208.8%
Population [+]2024389,444chart89,0582025Population [+]
Immigrant stock [+]202065,424chart45,5742020Immigrant stock [+]
Emigrant stock [+]202043,251chart11,1322020Emigrant stock [+]
HDI [+]20220.959chart0.8842022HDI [+]
Gender Gap Ranking [+]20241º
Life expectancy [+]202482.80chart84.102024Life expectancy [+]
Suicides [+]202448
Suicide rate [+]202412.33
Number of homicides [+]20235chart22020Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart2.582020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79
Consumption GWh [+]202418,485
Generation GWh [+]202419,057
Others
COVID-19 - Deaths [+]02/22/2026186chart15902/22/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/22/2026211,246chart48,01502/22/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart53,50109/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/22/2026477.60chart1,785.3502/22/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart157,07209/24/2023Doses administered [+]
Iceland
Andorra