Country comparison Iceland vs United Kingdom

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]2024-1.2%chart1.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q322,143Kchart12,925K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€30,697Mchart€3,368,254M2024Annual GDP [+]
Annual GDP [+]2024$33,222Mchart$3,694,543M2024Annual GDP [+]
GDP per capita [+]2024€79,400chart€48,6562024GDP per capita [+]
GDP per capita [+]2024$86,664chart$52,6482024GDP per capita [+]
Quarterly GDP [+]2025Q3€8,623Mchart€882,319M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart3,409,5802024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart3,689,3542024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart101.23%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€49,9462024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$54,0452024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-193,6322024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-209,5212024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-5.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart1,483,373.62024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart1,605,091.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.9chart145,880.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart156,486.72022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart10.64%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318,346,769.3chart304,812,258,156.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart302,871.92023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart20.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart76,749.62024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart84,184.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart5.25%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart44.04%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€21,7302024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$23,5132024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€2,1582022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$2,2742022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€4,3852024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$4,4212023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€1,1092024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$1,2002024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aa310/20/2023Moody's Rating [+]
S&P Rating [+]11/10/2023A+AA04/21/2023S&P Rating [+]
Fitch Rating [+]05/22/2020AAA-03/27/2020Fitch Rating [+]
Corruption Index [+]202372chart712023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart9º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart40.82024Fragile States Index [+]
RTI Raking [+]2024115ºchart43º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart5º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20254.6%chart5.1%October 2025Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart4.2%2024Q2Unemployment rate [+]
Unemployed [+]2025Q29Kchart1,449K2024Q2Unemployed [+]
NMW [+]2024$3,127.6chart$2,608.12025NMW [+]
NMW [+]2024€2,830.5chart€2,512.12025NMW [+]
Average Wage [+]2024$85,621chart$52,2782019Average Wage [+]
Average Wage [+]2024€79,104chart€52,9242024Average Wage [+]
Human Capital Ranking [+]201721ºchart23º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]02/10/2026145.0000chart0.869502/10/2026Euro / British pounds [+]
US Dollar exchange rate [+]02/10/2026121.9100chart0.731902/10/2026US Dollar exchange rate [+]
4.49%02/11/202610-Year Bond Yield [+]
16802/11/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/10/20265.63%chart4.89%02/10/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]January 20265.2%chart3.4%December 2025CPI (overall index) [+]
HICP [+]December 20254.0%chart0.3%November 2020HICP [+]
0.3%January 2025PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart3.75%12/18/2025Key rates [+]
Business
Doing Business [+]202026ºchart8º2020Doing Business [+]
-2.9%December 2020IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart3,762,680December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart28.75December 2022Annual Vehicles/ 1,000 p. [+]
1,025,4742023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart639.662021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart34.4%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart20.00%01/04/2011Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart47.7%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart30,741,0002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€481,864.1M2023Exports [+]
Exports [+]2024$6,932.0Mchart$521,039.7M2023Exports [+]
Exports % GDP [+]202420.86%chart15.46%2023Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€732,010.2M2023Imports [+]
Imports [+]2024$9,657.6Mchart$791,522.6M2023Imports [+]
Imports % GDP [+]202429.07%chart23.49%2023Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-250,146.1M2023Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-270,611.3M2023Trade balance [+]
Trade balance % GDP [+]2024-8.20%chart-8.03%2023Trade balance % GDP [+]
1.4%December 2020Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart10º2015Global AgeWatch Ranking [+]
Density [+]20244chart2802023Density [+]
Global Peace Ranking [+]20241ºchart34º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.80‰2016Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart4,373.92017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart13.95%2020% Immigrant [+]
% Emigrant [+]202011.73%chart7.05%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart10.02‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart26,801.52017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart9.52‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart1.562023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart4.40‰2016Crude marriage rate [+]
% risk of poverty [+]20208.8%chart18.6%2018% risk of poverty [+]
Population [+]2024389,444chart68,265,0002023Population [+]
Immigrant stock [+]202065,424chart9,359,5872020Immigrant stock [+]
Emigrant stock [+]202043,251chart4,732,5102020Emigrant stock [+]
HDI [+]20220.959chart0.9402022HDI [+]
Gender Gap Ranking [+]20241ºchart14º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart81.242023Life expectancy [+]
Suicides [+]202448chart5,8672021Suicides [+]
Suicide rate [+]202412.33chart8.802021Suicide rate [+]
Number of homicides [+]20235chart6732020Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart1.002020Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart4.422023CO2 Tons per capita [+]
5942024Annual crude oil production [+]
2,500.02021Crude Oil Reserves [+]
Consumption GWh [+]202319,273chart262,5182023Consumption GWh [+]
Generation GWh [+]202319,816chart267,7162023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/2026186chart232,11201/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026211,188chart25,107,98301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart50,762,96809/11/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/2026477.60chart3,400.1601/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart151,248,82009/04/2022Doses administered [+]
Iceland
United Kingdom