Country comparison Iceland vs Tonga

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Gouvernement
GDP Growth (%) [+]2024-1.2%chart2.1%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143K
Annual GDP [+]2024€30,697Mchart€473M2023Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$512M2023Annual GDP [+]
GDP per capita [+]2024€79,400chart€4,5262023GDP per capita [+]
GDP per capita [+]2024$86,664chart$4,8952023GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623M
Debt (M.€.) [+]202318,027chart2082023Debt (M.€.) [+]
Debt ($M) [+]202319,498chart2252023Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart43.95%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€1,9902023Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$2,1522023Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart292023Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart322023Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart6.14%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart228.22023Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart246.82023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart25.92022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart27.32022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart9.33%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart16.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart17.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart7.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190
Defence Expenditure ($M) [+]20190
Defence Expenditure (%Bud.) [+]20200%
Expenditure (%GDP) [+]202447.10%chart48.18%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€2,1822023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$2,3602023Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€2472022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$2602022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€1532023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$1652023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0
Defence Expenditure P.C. [+]2019$0
Moody's Rating [+]09/20/2024A1
S&P Rating [+]11/10/2023A+
Fitch Rating [+]05/22/2020A
Corruption Index [+]202372chart312011Corruption Index [+]
Competitiveness Ranking [+]201926º
Fragile States Index [+]202415.2
RTI Raking [+]2024115º
Innovation Ranking [+]202422º
Labour
Unemployment Rate [+]November 20254.6%
Unemployment rate [+]2025Q23.6%
Unemployed [+]2025Q29K
NMW [+]2024$3,127.6
NMW [+]2024€2,830.5
Average Wage [+]2024$85,621
Average Wage [+]2024€79,104
Human Capital Ranking [+]201721º
Markets
Euro / Icelandic kronas [+]01/22/2026146.0000
US Dollar exchange rate [+]01/22/2026124.7200
Stock ExchangeYTD % [+]01/23/20264.29%
Prices
CPI (overall index) [+]December 20254.5%
HICP [+]December 20254.0%
Money Market
Key rates [+]11/19/20257.25%
Business
Doing Business [+]202026ºchart103º2020Doing Business [+]
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%
Top tax rate + SSC [+]202244.4%
Trade
Annual arrivals [+]2021698,000chart18,4002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€9.6M2023Exports [+]
Exports [+]2024$6,932.0Mchart$10.3M2023Exports [+]
Exports % GDP [+]202420.86%chart2.02%2023Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€251.7M2023Imports [+]
Imports [+]2024$9,657.6Mchart$272.2M2023Imports [+]
Imports % GDP [+]202429.07%chart53.18%2023Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-242.2M2023Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-256.2M2023Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart-51.16%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]20157º
Density [+]20244chart1392024Density [+]
Global Peace Ranking [+]20241º
Crude divorce rate [+]20201.90‰
Remittance received ($M) [+]2017171.9chart145.92017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart3.74%2020% Immigrant [+]
% Emigrant [+]202011.73%chart74.55%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart23.12‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart2.92017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart6.44‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart3.132023Fertility Rate [+]
Crude marriage rate [+]20205.00‰
% risk of poverty [+]20208.8%chart20.6%2021% risk of poverty [+]
Population [+]2024389,444chart104,1752024Population [+]
Immigrant stock [+]202065,424chart3,7422020Immigrant stock [+]
Emigrant stock [+]202043,251chart74,5502020Emigrant stock [+]
HDI [+]20220.959chart0.7392022HDI [+]
Gender Gap Ranking [+]20241º
Life expectancy [+]202482.80chart72.902023Life expectancy [+]
Suicides [+]202448chart42015Suicides [+]
Suicide rate [+]202412.33chart3.682015Suicide rate [+]
Number of homicides [+]20235chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart0.952019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart1.952023CO2 Tons per capita [+]
Consumption GWh [+]202319,273chart672023Consumption GWh [+]
Generation GWh [+]202319,816chart732023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/2025186chart1312/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025211,172chart16,99212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart77,39006/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/2025477.60chart124.7912/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart204,73706/30/2023Doses administered [+]
Iceland
Tonga