Country comparison North Macedonia vs Iceland

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Gouvernement
GDP Growth (%) [+]20253.5%chart1.3%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q32,369Kchart22,396K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2025€16,949Mchart€34,257M2025Annual GDP [+]
Annual GDP [+]2024$16,679Mchart$38,583M2025Annual GDP [+]
GDP per capita [+]2024€8,590chart€87,3902025GDP per capita [+]
GDP per capita [+]2024$9,169chart$99,3972025GDP per capita [+]
Quarterly GDP [+]2025Q4€4,394Mchart€8,722M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]20248,452chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]20249,146chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]202454.83%chart61.55%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€4,637chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2024$5,018chart$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]2024-685chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]2024-742chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.45%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20245,661.1chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]20246,125.6chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2002139.9chart1,978.22023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2002132.6chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20028.64%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023623.6chart2,318.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023674.3chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.05%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024329.7chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024350.8chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.55%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202436.73%chart47.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€3,106chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$3,361chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2002€69chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2002$65chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€340chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$368chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€181chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$193chart$02019Defence Expenditure P.C. [+]
A109/20/2024Moody's Rating [+]
S&P Rating [+]05/24/2013BB-A+03/06/2026S&P Rating [+]
Fitch Rating [+]05/15/2020BB+A05/22/2020Fitch Rating [+]
Corruption Index [+]202342chart722023Corruption Index [+]
Competitiveness Ranking [+]201982ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202458.1chart15.22024Fragile States Index [+]
RTI Raking [+]202426ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202458ºchart22º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 202610.8%chart5.3%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q311.5%chart3.6%2025Q2Unemployment rate [+]
Unemployed [+]2025Q392Kchart9K2025Q2Unemployed [+]
NMW [+]2023$388.9chart$3,127.62024NMW [+]
NMW [+]2026€586.0chart€2,830.52024NMW [+]
$85,6212024Average Wage [+]
€79,1042024Average Wage [+]
Human Capital Ranking [+]201767ºchart21º2017Human Capital Ranking [+]
Markets
144.600003/12/2026Euro / Icelandic kronas [+]
125.230003/12/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]03/13/2026-1.44%chart-0.60%03/12/2026Stock ExchangeYTD % [+]
Prices
5.2%February 2026CPI (overall index) [+]
HICP [+]December 20253.6%chart4.0%December 2025HICP [+]
PPI Year on Year [+]January 20264.5%
Money Market
7.25%11/19/2025Key rates [+]
Business
Doing Business [+]202017ºchart26º2020Doing Business [+]
IPI Year on Year [+]January 2026-6.7%
Passengers vehicles Year [+]December 20194,060chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20192.24chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2015205.56chart695.182021Vehicles / 1,000 people [+]
Taxes
36.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200618.00%chart24.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022537,000chart698,0002021Annual arrivals [+]
Exports [+]2025€8,008.2Mchart€6,429.3M2025Exports [+]
Exports [+]2025$9,049.1Mchart$7,265.0M2025Exports [+]
Exports % GDP [+]202449.67%chart18.77%2025Exports % GDP [+]
Imports [+]2025€11,545.5Mchart€9,513.7M2025Imports [+]
Imports [+]2025$13,046.2Mchart$10,750.3M2025Imports [+]
Imports % GDP [+]202470.61%chart27.77%2025Imports % GDP [+]
Trade balance [+]2025€-3,537.3Mchart€-3,084.4M2025Trade balance [+]
Trade balance [+]2025$-3,997.1Mchart$-3,485.3M2025Trade balance [+]
Trade balance % GDP [+]2024-20.94%chart-9.00%2025Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.2%
Socio-Demography
7º2015Global AgeWatch Ranking [+]
Density [+]202471chart42024Density [+]
Global Peace Ranking [+]202438ºchart1º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.00‰chart1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]2017314.0chart171.92017Remittance received ($M) [+]
% Immigrant [+]20206.35%chart17.74%2020% Immigrant [+]
% Emigrant [+]202033.54%chart11.73%2020% Emigrant [+]
Birth Rate [+]20248.80‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017128.2chart132.92017Remittance sent ($M) [+]
Crude death rate [+]202411.10‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20241.44chart1.562024Fertility Rate [+]
Crude marriage rate [+]20216.80‰chart5.00‰2020Crude marriage rate [+]
% risk of poverty [+]202322.2%chart8.8%2020% risk of poverty [+]
Population [+]20241,822,612chart389,4442024Population [+]
Immigrant stock [+]2020131,311chart65,4242020Immigrant stock [+]
Emigrant stock [+]2020693,896chart43,2512020Emigrant stock [+]
HDI [+]20220.765chart0.9592022HDI [+]
Gender Gap Ranking [+]202458ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202375.32chart82.802024Life expectancy [+]
Suicides [+]2010122chart482024Suicides [+]
Suicide rate [+]20105.90chart12.332024Suicide rate [+]
Number of homicides [+]202328chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.53chart1.292023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.19chart8.792023CO2 Tons per capita [+]
Consumption GWh [+]20246,082chart18,4852024Consumption GWh [+]
Generation GWh [+]20246,169chart19,0572024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20269,991chart18602/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026352,093chart211,23002/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]05/07/2023838,181chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20265,481.69chart477.6002/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]05/07/20231,862,987chart903,42412/23/2023Doses administered [+]
North Macedonia
Iceland