Country comparison Iceland vs Luxembourg

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart0.4%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143Kchart32,739K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€30,697Mchart€86,180M2024Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$93,280M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€127,0302024GDP per capita [+]
GDP per capita [+]2024$86,664chart$138,7572024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623Mchart€22,327M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart22,6492024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart24,5142024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart26.30%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€33,2112024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$35,9462024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart7662024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart9612024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart0.90%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart40,368.72024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart43,704.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart2,843.72022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart3,025.62022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart8.45%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart4,351,675,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart4,772.52024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart10.92%2024Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart615.12023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart665.12023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart1.62%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.00%chart46.80%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€59,1942024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$64,0852024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€4,3402022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$4,6432022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€6,4752024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$7,1012024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€9212023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$1,0072023Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aaa02/07/2025Moody's Rating [+]
S&P Rating [+]11/10/2023A+AAA04/28/1994S&P Rating [+]
Fitch Rating [+]05/22/2020AAAA03/06/2020Fitch Rating [+]
Corruption Index [+]202372chart782023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart18º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart18.72024Fragile States Index [+]
RTI Raking [+]2024115ºchart117º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart20º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20254.0%chart6.6%October 2025Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart6.2%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29Kchart22K2025Q3Unemployed [+]
NMW [+]2024$3,127.6chart$3,066.12025NMW [+]
NMW [+]2024€2,830.5chart€2,704.02025NMW [+]
Average Wage [+]2024$85,621chart$80,4162024Average Wage [+]
Average Wage [+]2024€79,104chart€74,2962024Average Wage [+]
Human Capital Ranking [+]201721ºchart30º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]12/15/2025148.2000
US Dollar exchange rate [+]12/15/2025126.1000chart0.850812/15/2025US Dollar exchange rate [+]
Stock ExchangeYTD % [+]12/15/2025-10.25%chart32.98%12/15/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20253.7%chart3.0%November 2025CPI (overall index) [+]
HICP [+]October 20253.9%chart3.6%November 2025HICP [+]
-5.6%October 2025PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026ºchart72º2020Doing Business [+]
2.3%October 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart89,727December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart71.86December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021695.18chart775.272021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart42.7%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart17.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart47.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart1,013,0002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€15,034.3M2024Exports [+]
Exports [+]2024$6,932.0Mchart$16,272.8M2024Exports [+]
Exports % GDP [+]202420.86%chart17.45%2024Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€24,135.5M2024Imports [+]
Imports [+]2024$9,657.6Mchart$26,123.8M2024Imports [+]
Imports % GDP [+]202429.07%chart28.01%2024Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-9,101.2M2024Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-9,851.0M2024Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart-10.56%2024Trade balance % GDP [+]
-0.3%October 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart19º2015Global AgeWatch Ranking [+]
Density [+]20244chart2632024Density [+]
Global Peace Ranking [+]20241ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart2.00‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart1,746.12017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart46.96%2020% Immigrant [+]
% Emigrant [+]202011.73%chart12.88%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart9.50‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart1,321.52017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart6.60‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.252023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart3.80‰2023Crude marriage rate [+]
% risk of poverty [+]20208.8%chart18.1%2024% risk of poverty [+]
Population [+]2024389,444chart681,9732024Population [+]
Immigrant stock [+]202065,424chart298,0622020Immigrant stock [+]
Emigrant stock [+]202043,251chart81,7572020Emigrant stock [+]
HDI [+]20220.959chart0.9272022HDI [+]
Gender Gap Ranking [+]20241ºchart46º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart83.502024Life expectancy [+]
Suicides [+]202346chart482023Suicides [+]
Suicide rate [+]202311.99chart7.002023Suicide rate [+]
Number of homicides [+]20235chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart1.532022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart11.182023CO2 Tons per capita [+]
Consumption GWh [+]202319,273chart5,8622023Consumption GWh [+]
Generation GWh [+]202319,816chart8012023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/23/2025186chart1,00011/23/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025211,125chart400,53011/23/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart462,70206/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/23/2025477.60chart1,466.3311/23/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart1,374,54703/25/2023Doses administered [+]
Iceland
Luxembourg