Country comparison Iceland vs Canada

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Gouvernement
GDP Growth (%) [+]20251.3%chart1.7%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q422,396Kchart12,261K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2025€34,257Mchart€2,073,496M2024Annual GDP [+]
Annual GDP [+]2025$38,583Mchart$2,320,053M2025Annual GDP [+]
GDP per capita [+]2025€87,964chart€50,3962024GDP per capita [+]
GDP per capita [+]2025$99,397chart$54,5312024GDP per capita [+]
Quarterly GDP [+]2025Q4€8,722Mchart€505,905M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart2,307,8462024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart2,497,2172024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart111.30%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€55,9312024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$60,5212024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-41,7602024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-45,1872024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-2.01%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart927,170.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart1,003,249.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.2chart91,139.72023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart99,629.52023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart11.22%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318.3chart164,386.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart177,921.12024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart17.76%2024Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart27,225.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart29,806.92024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart3.08%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart44.72%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€22,4702024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$24,3142024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€2,2802023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$2,4662023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€3,9812024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$4,4772024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€6622024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$7162024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aaa05/02/2024Moody's Rating [+]
S&P Rating [+]03/06/2026A+AAA07/29/2002S&P Rating [+]
Fitch Rating [+]05/22/2020AAA+06/24/2020Fitch Rating [+]
Corruption Index [+]202372chart762023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart14º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart18.62024Fragile States Index [+]
RTI Raking [+]2024115ºchart53º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart14º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20265.3%chart6.5%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart6.9%2025Q1Unemployment rate [+]
Unemployed [+]2025Q29Kchart1,547K2025Q1Unemployed [+]
NMW [+]2024$3,127.6chart$1,994.52025NMW [+]
NMW [+]2024€2,830.5chart€1,921.42025NMW [+]
Average Wage [+]2024$85,621chart$39,7922015Average Wage [+]
Average Wage [+]2024€79,104chart€56,0822024Average Wage [+]
Human Capital Ranking [+]201721ºchart14º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]03/10/2026145.1000chart1.577703/10/2026Euro / Canadian dollars [+]
US Dollar exchange rate [+]03/10/2026124.6500chart1.357403/09/2026US Dollar exchange rate [+]
3.43%03/11/202610-Year Bond Yield [+]
5103/11/2026Risk Premium [+]
Stock ExchangeYTD % [+]03/10/20261.31%chart2.65%03/10/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20265.2%chart2.3%January 2026CPI (overall index) [+]
HICP [+]December 20254.0%
5.4%January 2026PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.25%10/29/2025Key rates [+]
Business
Doing Business [+]202026ºchart23º2020Doing Business [+]
Passengers vehicles Year [+]December 202420,014chart247,205December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart46.50December 2024Annual Vehicles/ 1,000 p. [+]
1,553,0262023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart704.422020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart34.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart5.00%01/01/2008Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart53.5%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart12,824,0002022Annual arrivals [+]
Exports [+]2025€6,429.3Mchart€526,161.9M2023Exports [+]
Exports [+]2025$7,265.0Mchart$568,938.9M2023Exports [+]
Exports % GDP [+]202518.77%chart26.18%2023Exports % GDP [+]
Imports [+]2025€9,513.7Mchart€527,590.9M2023Imports [+]
Imports [+]2025$10,750.3Mchart$570,484.1M2023Imports [+]
Imports % GDP [+]202527.77%chart26.26%2023Imports % GDP [+]
Trade balance [+]2025€-3,084.4Mchart€-1,429.0M2023Trade balance [+]
Trade balance [+]2025$-3,485.3Mchart$-1,161.8M2023Trade balance [+]
Trade balance % GDP [+]2025-9.00%chart-0.07%2023Trade balance % GDP [+]
7.3%December 2022Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart5º2015Global AgeWatch Ranking [+]
Density [+]20244chart42025Density [+]
Global Peace Ranking [+]20241ºchart11º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017171.9chart1,340.42017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart21.17%2020% Immigrant [+]
% Emigrant [+]202011.73%chart3.40%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart8.80‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart24,559.02017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart8.10‰2023Crude death rate [+]
Fertility Rate [+]20241.56chart1.262023Fertility Rate [+]
Crude marriage rate [+]20205.00‰
% risk of poverty [+]20208.8%
Population [+]2024389,444chart41,651,6532025Population [+]
Immigrant stock [+]202065,424chart8,049,3232020Immigrant stock [+]
Emigrant stock [+]202043,251chart1,292,3292020Emigrant stock [+]
HDI [+]20220.959chart0.9352022HDI [+]
Gender Gap Ranking [+]20241ºchart36º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart81.652023Life expectancy [+]
Suicides [+]202448chart3,5892022Suicides [+]
Suicide rate [+]202412.33chart9.202022Suicide rate [+]
Number of homicides [+]20235chart7782023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart1.982023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart14.912023CO2 Tons per capita [+]
4,7762024Annual crude oil production [+]
170,300.02021Crude Oil Reserves [+]
Consumption GWh [+]202418,485chart573,1852024Consumption GWh [+]
Generation GWh [+]202419,057chart611,3452024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/2026186chart55,28202/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026211,230chart4,819,05502/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart31,762,13002/02/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026477.60chart1,327.2502/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart102,877,16007/24/2024Doses administered [+]
Iceland
Canada