Country comparison Iceland vs Germany

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart0.2%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143Kchart13,414K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€30,697Mchart€4,470,480M2025Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$4,685,593M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€51,8302024GDP per capita [+]
GDP per capita [+]2024$86,664chart$56,0872024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623Mchart€1,121,083M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart2,693,7802024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart2,972,8352024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart62.20%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€32,2312024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$35,5702024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-115,2952024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-124,7552024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-2.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart2,139,717.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart2,315,290.72024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart188,813.72023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart204,158.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart9.26%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart455,619,000,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart493,152,893,220.02024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart19.21%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart81,900.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart88,646.92024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart3.93%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart49.40%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€25,6022024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$27,7022024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€2,2672023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$2,4522023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€5,4592024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$5,9092024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€9812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$1,0612024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aaa05/09/2025Moody's Rating [+]
S&P Rating [+]11/10/2023A+AAA08/17/1983S&P Rating [+]
Fitch Rating [+]05/22/2020AAAA01/17/2020Fitch Rating [+]
Corruption Index [+]202372chart782023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart7º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart24.02024Fragile States Index [+]
RTI Raking [+]2024115ºchart127º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart9º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.6%chart3.8%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart3.9%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29Kchart1,742K2025Q3Unemployed [+]
NMW [+]2024$3,127.6chart$2,450.42025NMW [+]
NMW [+]2024€2,830.5chart€2,161.02025NMW [+]
Average Wage [+]2024$85,621chart$68,5012024Average Wage [+]
Average Wage [+]2024€79,104chart€63,2882024Average Wage [+]
Human Capital Ranking [+]201721ºchart6º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]01/22/2026146.0000
US Dollar exchange rate [+]01/22/2026124.7200chart0.854301/22/2026US Dollar exchange rate [+]
2.90%01/23/202610-Year Bond Yield [+]
Stock ExchangeYTD % [+]01/23/20264.29%chart1.51%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20254.5%chart1.8%December 2025CPI (overall index) [+]
HICP [+]December 20254.0%chart2.0%December 2025HICP [+]
-2.4%December 2025PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026ºchart22º2020Doing Business [+]
1.0%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart5,421,109December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart35.66December 2022Annual Vehicles/ 1,000 p. [+]
4,109,3712023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart633.462021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart40.7%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart19.00%01/01/2007Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart47.5%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart28,463,0002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€1,548,966.1M2024Exports [+]
Exports [+]2024$6,932.0Mchart$1,676,569.9M2024Exports [+]
Exports % GDP [+]202420.86%chart35.78%2024Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€1,306,615.3M2024Imports [+]
Imports [+]2024$9,657.6Mchart$1,414,254.3M2024Imports [+]
Imports % GDP [+]202429.07%chart30.18%2024Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€242,350.8M2024Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$262,315.7M2024Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart5.60%2024Trade balance % GDP [+]
1.1%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart4º2015Global AgeWatch Ranking [+]
Density [+]20244chart2342024Density [+]
Global Peace Ranking [+]20241ºchart20º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.70‰2021Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart16,833.32017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart18.96%2020% Immigrant [+]
% Emigrant [+]202011.73%chart4.64%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart8.10‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart24,670.92017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart12.10‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.392023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart4.30‰2023Crude marriage rate [+]
% risk of poverty [+]20208.8%chart15.5%2024% risk of poverty [+]
Population [+]2024389,444chart83,577,1402024Population [+]
Immigrant stock [+]202065,424chart15,762,4572020Immigrant stock [+]
Emigrant stock [+]202043,251chart3,855,2682020Emigrant stock [+]
HDI [+]20220.959chart0.9502022HDI [+]
Gender Gap Ranking [+]20241ºchart7º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart81.502024Life expectancy [+]
Suicides [+]202448chart10,4262023Suicides [+]
Suicide rate [+]202412.33chart12.492023Suicide rate [+]
Number of homicides [+]20235chart7702023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart0.912023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart7.062023CO2 Tons per capita [+]
292024Annual crude oil production [+]
115.22021Crude Oil Reserves [+]
Consumption GWh [+]202319,273chart475,9202023Consumption GWh [+]
Generation GWh [+]202319,816chart493,6972023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/2025186chart174,97912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025211,172chart38,437,93812/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart63,566,13612/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025477.60chart2,093.6212/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart193,241,46012/23/2023Doses administered [+]
Iceland
Germany