Country comparison Iceland vs Serbia

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20251.3%chart2.0%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q422,396Kchart3,411K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2025€34,257Mchart€88,673M2025Annual GDP [+]
Annual GDP [+]2025$38,583Mchart$89,074M2024Annual GDP [+]
GDP per capita [+]2025€87,390chart€13,5402025GDP per capita [+]
GDP per capita [+]2025$99,397chart$13,5452024GDP per capita [+]
Quarterly GDP [+]2025Q4€8,722Mchart€22,779M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart36,6152024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart39,6192024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart44.48%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€5,5752024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$6,0322024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-1,4432024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-1,5622024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-1.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart35,126.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart38,008.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.2chart2,559.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart2,768.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart8.38%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318.3chart3,958.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart4,282.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart12.97%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart2,160.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart2,311.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart6.05%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart42.67%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€5,3482024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$5,7872024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€3862023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$4182023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€5962023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$6452023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€3282024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$3522024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1
S&P Rating [+]03/06/2026A+BBB-10/04/2024S&P Rating [+]
Fitch Rating [+]05/22/2020ABB+03/27/2020Fitch Rating [+]
Corruption Index [+]202372chart362023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart72º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart67.82024Fragile States Index [+]
RTI Raking [+]2024115ºchart3º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart52º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20265.3%
Unemployment rate [+]2025Q23.6%chart8.2%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29Kchart257K2025Q3Unemployed [+]
NMW [+]2024$3,127.6chart$875.82026NMW [+]
NMW [+]2024€2,830.5chart€744.02026NMW [+]
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721ºchart60º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]03/12/2026144.6000chart117.413703/13/2026Euro / Serbian dinars [+]
US Dollar exchange rate [+]03/12/2026125.2300chart102.081103/13/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/12/2026-0.60%chart-3.62%03/12/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20265.2%
HICP [+]December 20254.0%chart3.1%December 2025HICP [+]
0.7%February 2026PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart5.75%09/12/2024Key rates [+]
Business
Doing Business [+]202026ºchart44º2020Doing Business [+]
-7.3%January 2026IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart25,514December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart4.22December 2019Annual Vehicles/ 1,000 p. [+]
4,4982022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart353.732020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart38.4%2016Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart20.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart1,773,0002022Annual arrivals [+]
Exports [+]2025€6,429.3Mchart€31,398.3M2025Exports [+]
Exports [+]2025$7,265.0Mchart$35,479.5M2025Exports [+]
Exports % GDP [+]202518.77%chart34.76%2024Exports % GDP [+]
Imports [+]2025€9,513.7Mchart€40,059.7M2025Imports [+]
Imports [+]2025$10,750.3Mchart$45,266.7M2025Imports [+]
Imports % GDP [+]202527.77%chart45.76%2024Imports % GDP [+]
Trade balance [+]2025€-3,084.4Mchart€-8,661.4M2025Trade balance [+]
Trade balance [+]2025$-3,485.3Mchart$-9,787.2M2025Trade balance [+]
Trade balance % GDP [+]2025-9.00%chart-11.00%2024Trade balance % GDP [+]
6.8%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart66º2015Global AgeWatch Ranking [+]
Density [+]20244chart772024Density [+]
Global Peace Ranking [+]20241ºchart54º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart3,588.02017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart11.98%2020% Immigrant [+]
% Emigrant [+]202011.73%chart14.61%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart1,374.52017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart14.90‰2024Crude death rate [+]
Fertility Rate [+]20241.56chart1.642024Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart4.80‰2023Crude marriage rate [+]
% risk of poverty [+]20208.8%chart19.7%2024% risk of poverty [+]
Population [+]2024389,444chart6,567,7832024Population [+]
Immigrant stock [+]202065,424chart823,0112020Immigrant stock [+]
Emigrant stock [+]202043,251chart1,003,9622020Emigrant stock [+]
HDI [+]20220.959chart0.8052022HDI [+]
Gender Gap Ranking [+]20241ºchart26º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart76.202023Life expectancy [+]
Suicides [+]202448chart6682023Suicides [+]
Suicide rate [+]202412.33chart10.112023Suicide rate [+]
Number of homicides [+]20235chart892023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart1.312023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79
122024Annual crude oil production [+]
77.52021Crude Oil Reserves [+]
Consumption GWh [+]202418,485chart33,6652024Consumption GWh [+]
Generation GWh [+]202419,057chart36,9932024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/2026186chart18,05702/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026211,230chart2,568,00402/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart3,278,19806/23/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026477.60chart2,749.3302/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart8,534,68806/23/2022Doses administered [+]
Iceland
Serbia