Country comparison Iceland vs Montenegro

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20251.3%chart3.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q422,396Kchart3,333K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2025€34,257Mchart€7,645M2024Annual GDP [+]
Annual GDP [+]2025$38,583Mchart$8,272M2024Annual GDP [+]
GDP per capita [+]2025€87,390chart€12,2602024GDP per capita [+]
GDP per capita [+]2025$99,397chart$13,2592024GDP per capita [+]
Quarterly GDP [+]2025Q4€8,722Mchart€2,077M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart4,6452024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart5,0262024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart60.76%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€7,4522024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$8,0632024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-2152024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-2332024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-2.81%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart3,324.02024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart3,596.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.2
Education Expenditure ($M) [+]20232,139.4
Education Expenditure (%Bud.) [+]202314.83%
Gov. Health Exp. (M.€) [+]20242,318.3chart466.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart504.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart16.60%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart140.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart151.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart4.19%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart43.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€5,3332024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$5,7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211
Education Expenditure P.C [+]2023$5,695
Gov. Health Exp. P.C. [+]2024€6,044chart€7362023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$7962023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€2252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$2432024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Ba309/27/2024Moody's Rating [+]
S&P Rating [+]03/06/2026A+B+02/27/2026S&P Rating [+]
Fitch Rating [+]05/22/2020A
Corruption Index [+]202372chart462023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart56.92024Fragile States Index [+]
RTI Raking [+]2024115ºchart61º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart65º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20265.3%
Unemployment rate [+]2025Q23.6%chart12.2%2023Q4Unemployment rate [+]
Unemployed [+]2025Q29Kchart39K2023Q4Unemployed [+]
NMW [+]2024$3,127.6chart$787.32026NMW [+]
NMW [+]2024€2,830.5chart€670.02026NMW [+]
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721º
Markets
Euro / Icelandic kronas [+]03/12/2026144.6000
US Dollar exchange rate [+]03/12/2026125.2300chart0.871403/13/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/13/2026-1.14%chart-1.03%03/13/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20265.2%
HICP [+]December 20254.0%chart3.7%December 2025HICP [+]
0.3%January 2026PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026ºchart50º2020Doing Business [+]
20.8%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014
Annual Vehicles/ 1,000 p. [+]December 202247.75
Vehicles / 1,000 people [+]2021695.18
Taxes
Tax Revenue (%GDP) [+]202436.9%
Standard VAT [+]01/01/201524.00%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart2,036,0002022Annual arrivals [+]
Exports [+]2025€6,429.3Mchart€572.3M2025Exports [+]
Exports [+]2025$7,265.0Mchart$646.7M2025Exports [+]
Exports % GDP [+]202518.77%chart8.04%2024Exports % GDP [+]
Imports [+]2025€9,513.7Mchart€4,456.2M2025Imports [+]
Imports [+]2025$10,750.3Mchart$5,035.4M2025Imports [+]
Imports % GDP [+]202527.77%chart53.21%2024Imports % GDP [+]
Trade balance [+]2025€-3,084.4Mchart€-3,883.9M2025Trade balance [+]
Trade balance [+]2025$-3,485.3Mchart$-4,388.7M2025Trade balance [+]
Trade balance % GDP [+]2025-9.00%chart-45.17%2024Trade balance % GDP [+]
1.8%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart68º2015Global AgeWatch Ranking [+]
Density [+]20244chart452024Density [+]
Global Peace Ranking [+]20241ºchart35º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart426.32017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart11.44%2020% Immigrant [+]
% Emigrant [+]202011.73%chart21.42%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart75.62017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart10.20‰2024Crude death rate [+]
Fertility Rate [+]20241.56chart1.752024Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]20208.8%chart20.3%2022% risk of poverty [+]
Population [+]2024389,444chart623,3272024Population [+]
Immigrant stock [+]202065,424chart70,9992020Immigrant stock [+]
Emigrant stock [+]202043,251chart132,9652020Emigrant stock [+]
HDI [+]20220.959chart0.8442022HDI [+]
Gender Gap Ranking [+]20241ºchart67º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart77.602024Life expectancy [+]
Suicides [+]202448chart692015Suicides [+]
Suicide rate [+]202412.33chart11.072015Suicide rate [+]
Number of homicides [+]20235chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart0.792023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79
Consumption GWh [+]202418,485chart3,2032024Consumption GWh [+]
Generation GWh [+]202419,057chart3,7872024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/2026186chart2,65402/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026211,230chart251,28002/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026477.60chart4,257.8002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart679,17108/26/2022Doses administered [+]
Iceland
Montenegro