Country comparison Iceland vs Cyprus

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart3.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143Kchart9,282K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€30,697Mchart€33,568M2024Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$36,322M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€35,7302024GDP per capita [+]
GDP per capita [+]2024$86,664chart$38,8022024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623Mchart€9,095M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart21,8232024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart23,6402024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart62.80%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€22,2712024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$24,1262024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart1,4392024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart1,5552024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart4.10%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart13,311.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart14,521.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart1,404.02022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart1,467.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart12.48%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart1,955,336,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart2,113.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart14.86%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart553.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart598.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart4.21%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.00%chart38.30%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€13,5852024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$14,8192024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€1,4952022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$1,6212022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€2,0422023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$2,2262023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€5892024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$6392024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1A311/22/2024Moody's Rating [+]
S&P Rating [+]11/10/2023A+A-11/14/2025S&P Rating [+]
Fitch Rating [+]05/22/2020ABBB03/10/2023Fitch Rating [+]
Corruption Index [+]202372chart532023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart44º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart54.12024Fragile States Index [+]
RTI Raking [+]2024115ºchart74º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart27º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.6%chart4.3%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart4.1%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29Kchart22K2025Q3Unemployed [+]
NMW [+]2024$3,127.6chart$1,133.92025NMW [+]
NMW [+]2024€2,830.5chart€1,000.02025NMW [+]
Average Wage [+]2024$85,621chart$31,0632024Average Wage [+]
Average Wage [+]2024€79,104chart€28,6982024Average Wage [+]
Human Capital Ranking [+]201721ºchart38º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]01/16/2026146.4000
US Dollar exchange rate [+]01/16/2026126.0200chart0.860801/16/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/19/20263.06%chart5.57%01/19/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20254.5%
HICP [+]December 20254.0%chart0.1%December 2025HICP [+]
0%November 2025PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026ºchart54º2020Doing Business [+]
10.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart28,587December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart14.48December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021695.18chart766.712021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart37.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart19.00%01/13/2014Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart35.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart1,937,0002021Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€5,118.0M2024Exports [+]
Exports [+]2024$6,932.0Mchart$5,539.6M2024Exports [+]
Exports % GDP [+]202420.86%chart15.25%2024Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€12,510.6M2024Imports [+]
Imports [+]2024$9,657.6Mchart$13,541.2M2024Imports [+]
Imports % GDP [+]202429.07%chart37.27%2024Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-7,392.6M2024Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-8,001.6M2024Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart-22.02%2024Trade balance % GDP [+]
8.2%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart30º2015Global AgeWatch Ranking [+]
Density [+]20244chart1062024Density [+]
Global Peace Ranking [+]20241ºchart70º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart2.60‰2019Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart334.82017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart20.82%2020% Immigrant [+]
% Emigrant [+]202011.73%chart18.94%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart10.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart437.92017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart6.90‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.402023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart8.90‰2019Crude marriage rate [+]
% risk of poverty [+]20208.8%chart14.6%2024% risk of poverty [+]
Population [+]2024389,444chart979,8652024Population [+]
Immigrant stock [+]202065,424chart190,3662020Immigrant stock [+]
Emigrant stock [+]202043,251chart173,2102020Emigrant stock [+]
HDI [+]20220.959chart0.9072022HDI [+]
Gender Gap Ranking [+]20241ºchart84º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart83.202024Life expectancy [+]
Suicides [+]202448chart382023Suicides [+]
Suicide rate [+]202412.33chart3.932023Suicide rate [+]
Number of homicides [+]20235chart132024Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart0.822023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart5.832023CO2 Tons per capita [+]
Consumption GWh [+]202319,273chart5,1672023Consumption GWh [+]
Generation GWh [+]202319,816chart5,3132023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/2025186chart1,36412/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025211,172chart718,05312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart656,13812/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025477.60chart1,392.0312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart1,891,59712/23/2023Doses administered [+]
Iceland
Cyprus