Unemployment

4.1%

0.5

Unemployment

8.8%

-0.5

CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

  1. Countries data: Demographic and economy

Country comparison Iceland vs Luxembourg

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Government Defence expenditure (%Budget) Iceland vs Luxembourg comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q318,283Kchart30,090K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€28,693Mchart€79,310M2023Annual GDP [+]
Annual GDP [+]2023$31,026Mchart$85,757M2023Annual GDP [+]
GDP per capita [+]2023€72,860chart€118,7702023GDP per capita [+]
GDP per capita [+]2023$80,013chart$129,7762023GDP per capita [+]
Quarterly GDP [+]2023Q3€7,089Mchart€19,884M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202218,348chart20,3592023Debt (M.€.) [+]
Debt ($M) [+]202219,336chart22,0142023Debt ($M) [+]
Debt (%GDP) [+]202268.90%chart25.70%2023Debt (%GDP) [+]
Debt Per Capita [+]2022€47,318chart€30,8082023Debt Per Capita [+]
Debt Per Capita [+]2022$49,867chart$33,3132023Debt Per Capita [+]
Deficit (M.€) [+]2023-582chart-9932023Deficit (M.€) [+]
Deficit ($M) [+]2023-629chart-1,0742023Deficit ($M) [+]
Deficit (%GDP) [+]2023-2.00%chart-1.30%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202312,946.7chart38,144.82023Expenditure (M.€) [+]
Expenditure ($M) [+]202313,999.3chart41,246.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20181,681.6chart2,192.92018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20181,986.0chart2,601.32018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201817.25%chart8.66%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20221,888,902,952.6chart3,660,780,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20201,786.3chart3,854,801,340.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.74%chart10.80%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart543.02022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart572.32022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart1.60%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202345.10%chart48.10%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€33,389chart€57,7242023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$36,103chart$62,4172023Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€4,768chart€3,6022018Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$5,700chart$4,3212018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€5,020chart€5,6722022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2020$4,906chart$5,9732022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€8292022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$8872022Defence Expenditure P.C. [+]
Moody's Rating [+]07/14/2023A2Aaa03/17/2023Moody's Rating [+]
S&P Rating [+]11/10/2023A+AAA04/28/1994S&P Rating [+]
Fitch Rating [+]05/22/2020AAAA03/06/2020Fitch Rating [+]
Corruption Index [+]202274chart772022Corruption Index [+]
Competitiveness Ranking [+]201926ºchart18º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.3chart20.82018Fragile States Index [+]
RTI Raking [+]2022112ºchart115º2022RTI Raking [+]
Innovation Ranking [+]201823ºchart15º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]February 20243.5%chart5.6%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q43.4%chart5.5%2023Q4Unemployment rate [+]
Unemployed [+]2023Q48Kchart18K2023Q4Unemployed [+]
NMW [+]2022$2,720.3chart$2,840.92024NMW [+]
NMW [+]2022€2,493.2chart€2,570.92024NMW [+]
Average Wage [+]2022$81,134chart$73,9102022Average Wage [+]
Average Wage [+]2022€77,050chart€70,1892022Average Wage [+]
Human Capital Ranking [+]201721ºchart30º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]04/22/2024150.3000
US Dollar exchange rate [+]04/22/2024141.3700chart0.936904/23/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/23/2024-1.47%chart-5.24%04/22/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 20246.8%chart3.1%March 2024CPI (overall index) [+]
HICP [+]March 20245.1%chart3.2%March 2024HICP [+]
17.2%February 2024PPI Year on Year [+]
Money Market
Key rates [+]08/23/20239.25%chart4.50%09/20/2023Key rates [+]
Business
Doing Business [+]202026ºchart72º2020Doing Business [+]
-7.8%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202216,627chart42,094December 2022Passengers 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) [+]202335.9%chart42.2%2023Tax 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 [+]20192,013,190chart1,041,1172019Annual arrivals [+]
Exports [+]2023€6,084.7Mchart€15,874.7M2023Exports [+]
Exports [+]2023$6,609.5Mchart$17,147.9M2023Exports [+]
Exports % GDP [+]202321.21%chart20.02%2023Exports % GDP [+]
Imports [+]2023€8,521.8Mchart€23,662.3M2023Imports [+]
Imports [+]2023$9,464.1Mchart$25,535.2M2023Imports [+]
Imports % GDP [+]202329.70%chart29.84%2023Imports % GDP [+]
Trade balance [+]2023€-2,437.0Mchart€-7,787.6M2023Trade balance [+]
Trade balance [+]2023$-2,854.6Mchart$-8,387.3M2023Trade balance [+]
Trade balance % GDP [+]2023-8.49%chart-9.82%2023Trade balance % GDP [+]
6.5%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart19º2015Global AgeWatch Ranking [+]
Density [+]20224chart2552022Density [+]
Global Peace Ranking [+]20231ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart1,746.12017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart46.96%2020% Immigrant [+]
% Emigrant [+]202011.73%chart12.88%2020% Emigrant [+]
Birth Rate [+]202211.50‰chart9.90‰2022Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart1,321.52017Remittance sent ($M) [+]
Crude death rate [+]20227.00‰chart6.80‰2022Crude death rate [+]
Fertility Rate [+]20221.59chart1.312022Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart3.80‰2022Crude marriage rate [+]
% risk of poverty [+]20199.3%chart17.3%2022% risk of poverty [+]
Population [+]2022387,758chart660,8092022Population [+]
Immigrant stock [+]202065,424chart298,0622020Immigrant stock [+]
Emigrant stock [+]202043,251chart81,7572020Emigrant stock [+]
HDI [+]20210.959chart0.9302021HDI [+]
Gender Gap Ranking [+]20231ºchart44º2023Gender Gap Ranking [+]
Life expectancy [+]202282.10chart83.002022Life expectancy [+]
Suicides [+]202137chart532022Suicides [+]
Suicide rate [+]20219.93chart8.022022Suicide rate [+]
Number of homicides [+]20212chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]20210.54chart1.542022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202210.23chart12.262022CO2 Tons per capita [+]
Consumption GWh [+]202219,296chart6,1222022Consumption GWh [+]
Generation GWh [+]202219,865chart7632022Generation GWh [+]
Others
COVID-19 - Deaths [+]04/07/2024186chart1,00004/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]04/07/2024209,915chart391,28104/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]03/29/2022290,193chart462,70206/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]04/07/2024479.68chart1,513.3004/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/29/2022805,469chart1,374,54703/25/2023Doses administered [+]
Iceland
Luxembourg