Country comparison Iceland vs Azerbaijan

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart4.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143K
Annual GDP [+]2024€30,697Mchart€68,680M2024Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$74,316M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€6,7012024GDP per capita [+]
GDP per capita [+]2024$86,664chart$7,2512024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623M
Debt (M.€.) [+]202318,027chart14,8852024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart16,1062024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart21.67%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€1,4562024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$1,5752024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart2,7862024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart3,0152024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart4.06%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart23,289.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart25,200.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart2,453.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart2,651.12023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart11.92%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart932.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart1,009.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart4.26%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart3,429.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart3,710.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart15.23%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart33.91%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€2,2782024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$2,4652024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€2422023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$2622023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€902023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€3352024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$3622024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Baa307/04/2025Moody's Rating [+]
S&P Rating [+]11/10/2023A+NR12/05/2025S&P Rating [+]
Fitch Rating [+]05/22/2020ABB+04/10/2020Fitch Rating [+]
Corruption Index [+]202372chart232023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart58º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart72.82024Fragile States Index [+]
RTI Raking [+]2024115ºchart50º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart95º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.6%
Unemployment rate [+]2025Q23.6%chart5.0%2016Q4Unemployment rate [+]
Unemployed [+]2025Q29Kchart253K2016Q4Unemployed [+]
NMW [+]2024$3,127.6chart$202.92024NMW [+]
NMW [+]2024€2,830.5chart€183.82024NMW [+]
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721ºchart54º2016Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]02/09/2026145.0000chart1.791811/16/2024Euro / Manat [+]
US Dollar exchange rate [+]02/09/2026121.9900chart1.700011/16/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/10/20265.63%
Prices
CPI (overall index) [+]January 20265.2%
HICP [+]December 20254.0%
Money Market
Key rates [+]11/19/20257.25%chart6.50%02/05/2026Key rates [+]
Business
Doing Business [+]202026ºchart28º2020Doing Business [+]
Passengers vehicles Year [+]December 202420,014chart6,046December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart0.67December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021695.18chart134.142015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart23.0%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]202244.4%
Trade
Annual arrivals [+]2021698,000chart1,508,0002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€31,349.9M2023Exports [+]
Exports [+]2024$6,932.0Mchart$33,898.6M2023Exports [+]
Exports % GDP [+]202420.86%chart46.82%2023Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€15,985.7M2023Imports [+]
Imports [+]2024$9,657.6Mchart$17,285.3M2023Imports [+]
Imports % GDP [+]202429.07%chart23.87%2023Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€15,364.2M2023Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$16,613.3M2023Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart22.94%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]20157º
Density [+]20244chart1182024Density [+]
Global Peace Ranking [+]20241ºchart106º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.60‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart1,050.32017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart2.49%2020% Immigrant [+]
% Emigrant [+]202011.73%chart11.50%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart10.00‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart285.02017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart5.80‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.552023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart6.10‰2022Crude marriage rate [+]
% risk of poverty [+]20208.8%chart6.0%2012% risk of poverty [+]
Population [+]2024389,444chart10,224,8892024Population [+]
Immigrant stock [+]202065,424chart252,2282020Immigrant stock [+]
Emigrant stock [+]202043,251chart1,163,9222020Emigrant stock [+]
HDI [+]20220.959chart0.7602022HDI [+]
Gender Gap Ranking [+]20241ºchart103º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart74.432023Life expectancy [+]
Suicides [+]202448chart3192015Suicides [+]
Suicide rate [+]202412.33chart3.282015Suicide rate [+]
Number of homicides [+]20235chart2062024Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart2.162023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart4.142023CO2 Tons per capita [+]
5912024Annual crude oil production [+]
7,000.02021Crude Oil Reserves [+]
Consumption GWh [+]202319,273chart23,8572023Consumption GWh [+]
Generation GWh [+]202319,816chart29,0882023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026186chart10,35301/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026211,188chart836,51001/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart4,862,49408/28/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/2026477.60chart1,012.5301/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart13,857,11108/28/2022Doses administered [+]
Iceland
Azerbaijan