AfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweAfghanistanAlbaniaAlgeriaAndorraAngolaAntigua and BarbudaArgentinaArmeniaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBhutanBoliviaBosnia and HerzegovinaBotswanaBrazilBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCentral African RepublicChadChileChinaColombiaComorosCosta RicaCôte d'IvoireCroatiaCubaCyprusCzechiaDemocratic Republic of the CongoDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaEuro zoneFederated States of MicronesiaFijiFinlandFranceGabonGeorgiaGermanyGhanaGreeceGrenadaGuatemalaGuineaGuinea-BissauGuyanaHaitiHondurasHong KongHungaryIcelandIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLaosLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMauritaniaMauritiusMexicoMoldovaMonacoMongoliaMontenegroMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew ZealandNicaraguaNigerNigeriaNorth KoreaNorth MacedoniaNorwayOmanPakistanPalauPanamaPapua New GuineaParaguayPeruPhilippinesPolandPortugalQatarRepublic of the CongoRomaniaRussiaRwandaSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth KoreaSouth SudanSpainSri LankaState of PalestineSudanSurinameSwedenSwitzerlandSyriaTaiwanTajikistanTanzaniaThailandThe GambiaTimor-LesteTogoTongaTrinidad and TobagoTunisiaTürkiyeTurkmenistanTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuelaViet NamYemenZambiaZimbabweCompareUnemployment rate (LFS) Iceland vs Norway comparison Iceland Norway GouvernementQu. GDP Per Capita [+]2023Q318,283K20,279K2024Q1Qu. GDP Per Capita [+]Annual GDP [+]2023€28,693M€448,717M2023Annual GDP [+]Annual GDP [+]2023$31,020M$485,311M2023Annual GDP [+]GDP per capita [+]2023€75,610€80,9702023GDP per capita [+]GDP per capita [+]2023$79,998$88,4152023GDP per capita [+]Quarterly GDP [+]2023Q3€7,089M€111,309M2024Q1Quarterly GDP [+]Debt (M.€.) [+]202218,348204,0932022Debt (M.€.) [+]Debt ($M) [+]202219,336215,0892022Debt ($M) [+]Debt (%GDP) [+]202268.90%37.12%2022Debt (%GDP) [+]Debt Per Capita [+]2022€47,318€37,1822022Debt Per Capita [+]Debt Per Capita [+]2022$49,867$39,1862022Debt Per Capita [+]Deficit (M.€) [+]2023-58273,2432023Deficit (M.€) [+]Deficit ($M) [+]2023-62979,1982023Deficit ($M) [+]Deficit (%GDP) [+]2023-2.00%16.30%2023Deficit (%GDP) [+]Expenditure (M.€) [+]202312,946.7208,929.12023Expenditure (M.€) [+]Expenditure ($M) [+]202313,999.3225,915.02023Expenditure ($M) [+]Education Expenditure (M.€) [+]20221,948.922,431.42022Education Expenditure (M.€) [+]Education Expenditure ($M) [+]20222,049.223,571.02022Education Expenditure ($M) [+]Education Expenditure (%Bud.) [+]202214.90%10.12%2022Education Expenditure (%Bud.) [+]Gov. Health Exp. (M.€) [+]20221,888,902,952.637,286,216,122.62022Gov. Health Exp. (M.€) [+]Gov. Health Exp.($M) [+]20212,081.042,437.02021Gov. Health Exp.($M) [+]Gov. Health Exp. (%Bud.) [+]202116.37%17.82%2022Gov. Health Exp. (%Bud.) [+]Defence Expenditure (M.€) [+]201909,253.22022Defence Expenditure (M.€) [+]Defence Expenditure ($M) [+]201909,723.32022Defence Expenditure ($M) [+]Defence Expenditure (%Bud.) [+]20200%3.78%2022Defence Expenditure (%Bud.) [+]Expenditure (%GDP) [+]202345.10%46.50%2023Expenditure (%GDP) [+]Expenditure Per Capita [+]2023€33,389€38,0632023Expenditure Per Capita [+]Expenditure Per Capita [+]2023$36,103$41,1582023Expenditure Per Capita [+]Education Expenditure P.C [+]2022€5,266€4,1112022Education Expenditure P.C [+]Education Expenditure P.C [+]2022$5,326$4,2012022Education Expenditure P.C [+]Gov. Health Exp. P.C. [+]2022€5,020€6,8732022Gov. Health Exp. P.C. [+]Gov. Health Exp. P.C. [+]2021$5,619$7,4482022Gov. Health Exp. P.C. [+]Defence Expenditure P.C. [+]2019€0€1,6962022Defence Expenditure P.C. [+]Defence Expenditure P.C. [+]2019$0$1,7332022Defence Expenditure P.C. [+]Moody's Rating [+]07/14/2023A2Aaa05/06/2022Moody's Rating [+]S&P Rating [+]11/10/2023A+AAA07/09/1975S&P Rating [+]Fitch Rating [+]05/22/2020AAAA02/28/2020Fitch Rating [+]Corruption Index [+]202274842022Corruption Index [+]Competitiveness Ranking [+]201926º17º2019Competitiveness Ranking [+]Fragile States Index [+]201820.318.32018Fragile States Index [+]RTI Raking [+]2022112º81º2022RTI Raking [+]Innovation Ranking [+]201823º19º2018Innovation Ranking [+]LabourUnemployment Rate [+]February 20243.5%4.3%April 2024Unemployment Rate [+]Unemployment rate [+]2024Q14.4%4.0%2024Q1Unemployment rate [+]Unemployed [+]2024Q110K119K2024Q1Unemployed [+]NMW [+]2022$2,720.3NMW [+]2022€2,493.2Average Wage [+]2023$80,240$68,8712023Average Wage [+]Average Wage [+]2023€74,207€63,6932023Average Wage [+]Human Capital Ranking [+]201721º1º2017Human Capital Ranking [+]MarketsEuro / Icelandic kronas [+]06/14/2024149.100011.402506/14/2024Euro / Norwegian krones [+]US Dollar exchange rate [+]06/14/2024139.530010.670506/14/2024US Dollar exchange rate [+]3.48%06/14/202410-Year Bond Yield [+]11106/14/2024Risk Premium [+]Stock ExchangeYTD % [+]06/14/2024-2.85%6.50%06/14/2024Stock ExchangeYTD % [+]PricesCPI (overall index) [+]May 20246.2%4.8%December 2023CPI (overall index) [+]HICP [+]April 20244.6%3.4%April 2024HICP [+]2.8%May 2024PPI Year on Year [+]Money MarketKey rates [+]08/23/20239.25%4.50%12/15/2023Key rates [+]BusinessDoing Business [+]202026º9º2020Doing Business [+]3.5%April 2024IPI Year on Year [+]Passengers vehicles Year [+]December 202216,627174,329December 2022Passengers vehicles Year [+]Annual Vehicles/ 1,000 p. [+]December 202247.7538.26December 2022Annual Vehicles/ 1,000 p. [+]Vehicles / 1,000 people [+]2021695.18634.332021Vehicles / 1,000 people [+]TaxesTax Revenue (%GDP) [+]202335.9%41.6%2023Tax Revenue (%GDP) [+]Standard VAT [+]01/01/201524.00%25.00%01/01/2006Standard VAT [+]Top tax rate + SSC [+]202244.4%47.4%2022Top tax rate + SSC [+]TradeAnnual arrivals [+]20192,013,1905,879,0002019Annual arrivals [+]Exports [+]2023€6,084.7M€164,256.8M2023Exports [+]Exports [+]2023$6,609.5M$173,906.1M2023Exports [+]Exports % GDP [+]202321.21%36.61%2023Exports % GDP [+]Imports [+]2023€8,521.8M€89,425.4M2023Imports [+]Imports [+]2023$9,464.1M$95,292.4M2023Imports [+]Imports % GDP [+]202329.70%19.93%2023Imports % GDP [+]Trade balance [+]2023€-2,437.0M€74,831.4M2023Trade balance [+]Trade balance [+]2023$-2,854.6M$78,613.7M2023Trade balance [+]Trade balance % GDP [+]2023-8.49%16.68%2023Trade balance % GDP [+]-3.9%December 2023Retail Sales YoY [+]Socio-DemographyGlobal AgeWatch Ranking [+]20157º2º2015Global AgeWatch Ranking [+]Density [+]2022492022Density [+]Global Peace Ranking [+]20231º24º2023Global Peace Ranking [+]Crude divorce rate [+]20201.90‰1.80‰2020Crude divorce rate [+]Remittance received ($M) [+]2017171.9614.12017Remittance received ($M) [+]% Immigrant [+]202017.74%15.81%2020% Immigrant [+]% Emigrant [+]202011.73%3.55%2020% Emigrant [+]Birth Rate [+]202211.50‰9.40‰2022Birth Rate [+]Remittance sent ($M) [+]2017132.92,237.92017Remittance sent ($M) [+]Crude death rate [+]20227.00‰8.40‰2022Crude death rate [+]Fertility Rate [+]20221.591.412022Fertility Rate [+]Crude marriage rate [+]20205.00‰3.30‰2020Crude marriage rate [+]% risk of poverty [+]20199.3%11.5%2023% risk of poverty [+]Population [+]2022387,7585,488,9842022Population [+]Immigrant stock [+]202065,424852,2382020Immigrant stock [+]Emigrant stock [+]202043,251191,3922020Emigrant stock [+]HDI [+]20210.9590.9612021HDI [+]Gender Gap Ranking [+]20231º2º2023Gender Gap Ranking [+]Life expectancy [+]202382.6083.102023Life expectancy [+]Suicides [+]2021376572021Suicides [+]Suicide rate [+]20219.9311.932021Suicide rate [+]Number of homicides [+]20224302022Number of homicides [+]Rate Homicides per 100.000 [+]20221.070.552022Rate Homicides per 100.000 [+]Energy and EnvironmentCO2 Tons per capita [+]202210.237.622022CO2 Tons per capita [+]1,8142023Annual crude oil production [+]8,122.22021Crude Oil Reserves [+]Consumption GWh [+]202219,296121,8992022Consumption GWh [+]Generation GWh [+]202219,865143,3832022Generation GWh [+]OthersCOVID-19 - Deaths [+]06/02/20241865,73206/02/2024COVID-19 - Deaths [+]COVID-19 - Confirmed [+]06/02/2024209,9941,508,04906/02/2024COVID-19 - Confirmed [+]Fully vaccinated [+]03/29/2022290,1934,054,72611/13/2022Fully vaccinated [+]COVID-19 - Deaths per million population [+]06/02/2024479.681,044.2706/02/2024COVID-19 - Deaths per million population [+]Doses administered [+]03/29/2022805,46912,145,56011/13/2022Doses administered [+]IcelandCountrySubcontinentContinentWorldCapital: ReykjavikPopulation: 387,758Surface Area: 103,000 km2Currency: Icelandic kronas (1 EUR=149.1000 ISK)Religion: Mostly Christianity Belongs to: CoE, EEA, EFTA, IMF, NATO, OECD, UN, OSCENorwayCountrySubcontinentContinentWorldCapital: OsloPopulation: 5,488,984Surface Area: 624,499 km2Currency: Norwegian krones (1 EUR=11.4025 NOK)Religion: Mostly Christianity Belongs to: CoE, EEA, EFTA, IMF, NATO, OECD, UN, OSCE Compare Afghanistan Iceland Compare Albania Iceland Compare Algeria Iceland Compare Andorra Iceland Compare Angola Iceland Compare Antigua and Barbuda Iceland Compare Argentina Iceland Compare Armenia Iceland Compare Australia Iceland Compare Austria Iceland Compare Azerbaijan Iceland Compare Bahamas Iceland Compare Bahrain Iceland Compare Bangladesh Iceland Compare Barbados Iceland Compare Belarus Iceland Compare Belgium Iceland Compare Belize Iceland Compare Benin Iceland Compare Bhutan Iceland Compare Bolivia Iceland Compare Bosnia and Herzegovina Iceland Compare Botswana Iceland Compare Brazil Iceland Compare Brunei Iceland Compare Bulgaria 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