Country comparison Iceland vs Madagascar

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart4.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143K
Annual GDP [+]2024€30,697Mchart€16,095M2024Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$17,421M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€5162024GDP per capita [+]
GDP per capita [+]2024$86,664chart$5582024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623M
Debt (M.€.) [+]202318,027chart8,1032024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart8,7682024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart50.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€2602024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$2812024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-3992024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-4322024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart2,610.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart2,824.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart450.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart487.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart14.07%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart145.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart156.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart5.51%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart98.02023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart106.02023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart3.45%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.00%chart16.21%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€842024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$912024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€142023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€52023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$52023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€32023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$32023Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1
S&P Rating [+]11/10/2023A+
Fitch Rating [+]05/22/2020A
Corruption Index [+]202372chart252023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart132º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart79.82024Fragile States Index [+]
RTI Raking [+]2024115º
Innovation Ranking [+]202422ºchart110º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]October 20254.0%
Unemployment rate [+]2025Q23.6%
Unemployed [+]2025Q29K
NMW [+]2024$3,127.6chart$41.72023NMW [+]
NMW [+]2024€2,830.5
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721ºchart110º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]12/12/2025148.4000
US Dollar exchange rate [+]12/12/2025126.5000
Stock ExchangeYTD % [+]12/15/2025-10.25%
Prices
CPI (overall index) [+]November 20253.7%
HICP [+]October 20253.9%
Money Market
Key rates [+]11/19/20257.25%
Business
Doing Business [+]202026ºchart161º2020Doing Business [+]
Passengers vehicles Year [+]December 202420,014chart1,043December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart0.07December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021695.18chart28.082015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart11.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]202244.4%
Trade
Annual arrivals [+]2021698,000chart7,8002021Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€2,971.4M2023Exports [+]
Exports [+]2024$6,932.0Mchart$3,213.0M2023Exports [+]
Exports % GDP [+]202420.86%chart20.10%2023Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€4,392.8M2023Imports [+]
Imports [+]2024$9,657.6Mchart$4,749.9M2023Imports [+]
Imports % GDP [+]202429.07%chart29.71%2023Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-1,421.4M2023Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-1,536.9M2023Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart-9.61%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]20157º
Density [+]20244chart532023Density [+]
Global Peace Ranking [+]20241ºchart44º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017171.9chart261.82017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart0.12%2020% Immigrant [+]
% Emigrant [+]202011.73%chart0.67%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart32.10‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart182.92017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart7.53‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart3.972023Fertility Rate [+]
Crude marriage rate [+]20205.00‰
% risk of poverty [+]20208.8%chart75.2%2021% risk of poverty [+]
Population [+]2024389,444chart31,195,9322023Population [+]
Immigrant stock [+]202065,424chart35,5632020Immigrant stock [+]
Emigrant stock [+]202043,251chart193,5262020Emigrant stock [+]
HDI [+]20220.959chart0.4872022HDI [+]
Gender Gap Ranking [+]20241ºchart66º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart63.632023Life expectancy [+]
Suicides [+]202346chart1,1262015Suicides [+]
Suicide rate [+]202311.99chart4.792015Suicide rate [+]
Number of homicides [+]20235
Rate Homicides per 100.000 [+]20231.29
Energy and Environment
CO2 Tons per capita [+]20238.79chart0.142023CO2 Tons per capita [+]
Consumption GWh [+]202319,273chart2,5062023Consumption GWh [+]
Generation GWh [+]202319,816chart2,6452023Generation GWh [+]
Others
COVID-19 - Deaths [+]11/23/2025186chart1,42811/23/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025211,125chart68,71311/23/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart2,628,84907/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/23/2025477.60chart45.7811/23/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart3,092,06307/30/2023Doses administered [+]
Iceland
Madagascar