Unemployment

4.1%

0.5

Unemployment

8.8%

-0.5

CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

  1. Countries data: Demographic and economy

Country comparison Iceland vs Australia

Subscribe to our free email alert service
Unemployment rate (LFS) Iceland vs Australia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q318,283Kchart15,280K2023Q3Qu. GDP Per Capita [+]
Annual GDP [+]2023€28,693Mchart€1,615,510M2022Annual GDP [+]
Annual GDP [+]2023$31,026Mchart$1,702,550M2022Annual GDP [+]
GDP per capita [+]2023€72,860chart€62,6972022GDP per capita [+]
GDP per capita [+]2023$80,013chart$66,0752022GDP per capita [+]
Quarterly GDP [+]2023Q3€7,089Mchart€393,723M2023Q3Quarterly GDP [+]
Debt (M.€.) [+]202218,348chart806,6012021Debt (M.€.) [+]
Debt ($M) [+]202219,336chart954,6342021Debt ($M) [+]
Debt (%GDP) [+]202268.90%chart58.38%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€47,318chart€31,3042021Debt Per Capita [+]
Debt Per Capita [+]2022$49,867chart$37,0492021Debt Per Capita [+]
Deficit (M.€) [+]2023-582chart-89,1712021Deficit (M.€) [+]
Deficit ($M) [+]2023-629chart-105,5362021Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.00%chart-6.45%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202312,946.7chart584,700.92021Expenditure (M.€) [+]
Expenditure ($M) [+]202313,999.3chart692,009.32021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,681.6chart61,439.32018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,986.0chart72,590.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201817.25%chart13.48%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,888,902,952.6chart118,671,487,439.82022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20201,786.3chart88,877.72017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.74%chart17.80%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart30,675.72022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart32,328.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart5.02%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202345.10%chart42.32%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€33,389chart€22,6922021Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$36,103chart$26,8562021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€4,768chart€2,4432018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$5,700chart$2,8862018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€5,020chart€4,5682022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2020$4,906chart$3,6742017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€1,1912022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$1,2552022Defence Expenditure P.C. [+]
Moody's Rating [+]07/14/2023A2Aaa06/28/2022Moody's Rating [+]
S&P Rating [+]11/10/2023A+AAA06/06/2021S&P Rating [+]
Fitch Rating [+]05/22/2020AAAA05/21/2020Fitch Rating [+]
Corruption Index [+]202274chart752022Corruption Index [+]
Competitiveness Ranking [+]201926ºchart16º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.3chart20.82018Fragile States Index [+]
RTI Raking [+]2022112ºchart69º2022RTI Raking [+]
Innovation Ranking [+]201823ºchart20º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20243.5%chart3.8%March 2024Unemployment Rate [+]
Unemployment rate [+]2023Q43.4%chart3.7%2023Q4Unemployment rate [+]
Unemployed [+]2023Q48Kchart543K2023Q4Unemployed [+]
NMW [+]2022$2,720.3chart$2,442.02022NMW [+]
NMW [+]2022€2,493.2chart€2,199.52022NMW [+]
Average Wage [+]2022$81,134chart$63,8642017Average Wage [+]
Average Wage [+]2022€77,050chart€62,4282022Average Wage [+]
Human Capital Ranking [+]201721ºchart20º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]04/22/2024150.3000chart1.653604/23/2024Euro / Australian dollars [+]
US Dollar exchange rate [+]04/22/2024141.3700chart1.549204/23/2024US Dollar exchange rate [+]
4.50%04/24/202410-Year Bond Yield [+]
19104/24/2024Risk Premium [+]
Stock ExchangeYTD % [+]04/23/2024-1.47%chart9.16%04/23/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20246.8%chart4.1%December 2023CPI (overall index) [+]
HICP [+]March 20245.1%
4.1%December 2023PPI Year on Year [+]
Money Market
Key rates [+]08/23/20239.25%chart4.35%11/08/2023Key rates [+]
Business
Doing Business [+]202026ºchart14º2020Doing Business [+]
Passengers vehicles Year [+]December 202216,627chart753,256December 2021Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart40.74December 2021Annual Vehicles/ 1,000 p. [+]
98,6322017Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart738.112020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202335.9%chart29.5%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart47.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20192,013,190chart9,465,9002019Annual arrivals [+]
Exports [+]2023€6,084.7Mchart€342,981.5M2023Exports [+]
Exports [+]2023$6,609.5Mchart$370,865.9M2023Exports [+]
Exports % GDP [+]202321.21%chart24.26%2022Exports % GDP [+]
Imports [+]2023€8,521.8Mchart€266,105.4M2023Imports [+]
Imports [+]2023$9,464.1Mchart$287,739.8M2023Imports [+]
Imports % GDP [+]202329.70%chart18.18%2022Imports % GDP [+]
Trade balance [+]2023€-2,437.0Mchart€76,876.1M2023Trade balance [+]
Trade balance [+]2023$-2,854.6Mchart$83,126.1M2023Trade balance [+]
Trade balance % GDP [+]2023-8.49%chart6.08%2022Trade balance % GDP [+]
1.6%February 2024Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart17º2015Global AgeWatch Ranking [+]
Density [+]20224chart32021Density [+]
Global Peace Ranking [+]20231ºchart22º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017171.9chart1,940.52017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart29.98%2020% Immigrant [+]
% Emigrant [+]202011.73%chart2.34%2020% Emigrant [+]
Birth Rate [+]202211.50‰chart12.10‰2021Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart16,887.92017Remittance sent ($M) [+]
Crude death rate [+]20227.00‰chart6.70‰2021Crude death rate [+]
Fertility Rate [+]20221.59chart1.702021Fertility Rate [+]
Crude marriage rate [+]20205.00‰
% risk of poverty [+]20199.3%
Population [+]2022387,758chart25,767,0002021Population [+]
Immigrant stock [+]202065,424chart7,685,8602020Immigrant stock [+]
Emigrant stock [+]202043,251chart598,7652020Emigrant stock [+]
HDI [+]20210.959chart0.9512021HDI [+]
Gender Gap Ranking [+]20231ºchart26º2023Gender Gap Ranking [+]
Life expectancy [+]202282.10chart83.302021Life expectancy [+]
Suicides [+]202137chart3,1442021Suicides [+]
Suicide rate [+]20219.93chart12.202021Suicide rate [+]
Number of homicides [+]20212chart2182022Number of homicides [+]
Rate Homicides per 100.000 [+]20210.54chart0.832022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202210.23chart15.122022CO2 Tons per capita [+]
2802023Annual crude oil production [+]
2,446.02021Crude Oil Reserves [+]
Consumption GWh [+]202219,296chart250,0052022Consumption GWh [+]
Generation GWh [+]202219,865chart261,4852022Generation GWh [+]
Others
COVID-19 - Deaths [+]04/07/2024186chart25,03504/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]04/07/2024209,915chart11,826,87904/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]03/29/2022290,193chart21,648,82403/24/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]04/07/2024479.68chart971.5904/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/29/2022805,469chart69,306,34512/07/2023Doses administered [+]
Iceland
Australia