Annual GDP at market prices Iceland vs United States comparison
 
Gouvernement
Qu. GDP Per Capita [+]2025Q121,684Kchart21,131K2025Q1Qu. GDP Per Capita [+]
Annual GDP [+]2024€30,919Mchart€26,971,759M2024Annual GDP [+]
Annual GDP [+]2024$33,463Mchart$29,184,900M2024Annual GDP [+]
GDP per capita [+]2024€79,980chart€79,3052024GDP per capita [+]
GDP per capita [+]2024$87,205chart$85,8122024GDP per capita [+]
Quarterly GDP [+]2025Q1€8,317Mchart€7,121,417M2025Q1Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart32,578,0232024Debt (M.€.) [+]
Debt ($M) [+]202319,497chart35,251,1802024Debt ($M) [+]
Debt (%GDP) [+]202361.99%chart120.79%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€96,6672024Debt Per Capita [+]
Debt Per Capita [+]2023$50,832chart$104,5992024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,077chart-1,958,6072024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,166chart-2,119,3192024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.50%chart-7.26%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,301.0chart10,139,447.82024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,479.1chart10,971,430.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,948.6chart1,342,448.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20222,048.8chart1,414,775.42022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.90%chart5.44%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,166,188,898.3chart3,515,011,512,068.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20222,206.8chart3,800,781,948,000.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202216.54%chart24.74%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart861,633.32023Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart931,924.52023Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart9.06%2023Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202446.30%chart37.59%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,284chart€30,0862024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,356chart$32,5552024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,265chart€4,0162022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,615chart$4,2322022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€5,586chart€10,3482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$5,802chart$11,1902023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€2,5572023Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$2,7652023Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aa105/16/2025Moody's Rating [+]
S&P Rating [+]11/10/2023A+AA+08/05/2011S&P Rating [+]
Fitch Rating [+]05/22/2020AAAA03/26/2020Fitch Rating [+]
Corruption Index [+]202372chart692023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart44.52024Fragile States Index [+]
RTI Raking [+]2024115ºchart78º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart2024Innovation Ranking [+]
Labour
Unemployment Rate [+]April 20253.8%chart4.2%May 2025Unemployment Rate [+]
Unemployment rate [+]2025Q15.0%chart3.9%2024Q4Unemployment rate [+]
Unemployed [+]2025Q112Kchart6,597K2024Q4Unemployed [+]
NMW [+]2024$3,127.6chart$1,257.02025NMW [+]
NMW [+]2024€2,830.5chart€1,210.02025NMW [+]
Average Wage [+]2024$85,621chart$70,6262024Average Wage [+]
Average Wage [+]2024€79,104chart€65,2502024Average Wage [+]
Human Capital Ranking [+]201721ºchart2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]06/13/2025144.2000chart1.151206/13/2025Euro / United States dollars [+]
US Dollar exchange rate [+]06/13/2025125.2600
4.43%06/16/202510-Year Bond Yield [+]
18906/16/2025Risk Premium [+]
Stock ExchangeYTD % [+]06/13/2025-10.20%chart-0.81%06/13/2025Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]May 20253.8%chart2.4%May 2025CPI (overall index) [+]
HICP [+]April 20253.9%chart2.6%December 2024HICP [+]
2.7%May 2025PPI Year on Year [+]
Money Market
Key rates [+]05/21/20257.50%chart4.25%12/19/2024Key rates [+]
Business
Doing Business [+]202026ºchart2019Doing Business [+]
1.5%April 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart2,951,642May 2025Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart49.52May 2025Annual Vehicles/ 1,000 p. [+]
10,611,5552023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart872.412020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.4%chart25.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart0%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart46.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart50,870,0002022Annual arrivals [+]
Exports [+]2024€6,404.4Mchart€1,868,682.0M2023Exports [+]
Exports [+]2024$6,932.0Mchart$2,020,605.8M2023Exports [+]
Exports % GDP [+]202420.71%chart7.29%2023Exports % GDP [+]
Imports [+]2024€8,922.6Mchart€2,933,946.5M2023Imports [+]
Imports [+]2024$9,657.6Mchart$3,172,476.3M2023Imports [+]
Imports % GDP [+]202428.86%chart11.45%2023Imports % GDP [+]
Trade balance [+]2024€-2,518.2Mchart€-1,065,264.5M2023Trade balance [+]
Trade balance [+]2024$-2,725.7Mchart$-1,152,972.3M2023Trade balance [+]
Trade balance % GDP [+]2024-8.14%chart-4.16%2023Trade balance % GDP [+]
5.2%April 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]2015chart2015Global AgeWatch Ranking [+]
Density [+]20234chart342023Density [+]
Global Peace Ranking [+]2024chart132º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart3.20‰2016Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart6,621.02017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart15.28%2020% Immigrant [+]
% Emigrant [+]202011.73%chart0.90%2020% Emigrant [+]
Birth Rate [+]202311.20‰chart10.70‰2023Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart148,488.72017Remittance sent ($M) [+]
Crude death rate [+]20236.70‰chart9.20‰2023Crude death rate [+]
Fertility Rate [+]20231.55chart1.622023Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart6.90‰2016Crude marriage rate [+]
% risk of poverty [+]20208.8%chart11.1%2023% risk of poverty [+]
Population [+]2023383,567chart337,014,0002023Population [+]
Immigrant stock [+]202065,424chart50,632,8362020Immigrant stock [+]
Emigrant stock [+]202043,251chart2,996,2232020Emigrant stock [+]
HDI [+]20220.959chart0.9272022HDI [+]
Gender Gap Ranking [+]2024chart43º2024Gender Gap Ranking [+]
Life expectancy [+]202382.40chart78.392023Life expectancy [+]
Suicides [+]202346chart48,1522021Suicides [+]
Suicide rate [+]202311.99chart14.502021Suicide rate [+]
Number of homicides [+]20235chart19,7962023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart5.762023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart13.832023CO2 Tons per capita [+]
13,2082024Annual crude oil production [+]
44,418.02021Crude Oil Reserves [+]
Consumption GWh [+]202319,584chart4,084,5782023Consumption GWh [+]
Generation GWh [+]202320,127chart4,256,6772023Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/2024186chart1,193,16508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024210,374chart103,436,82908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]03/29/2022290,193chart230,637,34805/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/2024484.92chart3,540.4008/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/29/2022805,469chart676,728,78205/10/2023Doses administered [+]