Country comparison Serbia vs Iceland

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Gouvernement
GDP Growth (%) [+]20243.9%chart-1.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411Kchart22,143K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€83,258Mchart€30,697M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$33,222M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€79,4002024GDP per capita [+]
GDP per capita [+]2024$13,545chart$86,6642024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401Mchart€8,623M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202436,615chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]202439,619chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart61.55%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart1,978.92023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart2,318,346,769.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart47.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$02019Defence Expenditure P.C. [+]
A109/20/2024Moody's Rating [+]
S&P Rating [+]10/04/2024BBB-A+11/10/2023S&P Rating [+]
Fitch Rating [+]03/27/2020BB+A05/22/2020Fitch Rating [+]
Corruption Index [+]202336chart722023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart15.22024Fragile States Index [+]
RTI Raking [+]20243ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202452ºchart22º2024Innovation Ranking [+]
Labour
4.6%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q38.2%chart3.6%2025Q2Unemployment rate [+]
Unemployed [+]2025Q3257Kchart9K2025Q2Unemployed [+]
NMW [+]2025$700.9chart$3,127.62024NMW [+]
NMW [+]2025€617.7chart€2,830.52024NMW [+]
$85,6212024Average Wage [+]
€79,1042024Average Wage [+]
Human Capital Ranking [+]201760ºchart21º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]01/23/2026117.4109chart146.000001/23/2026Euro / Icelandic kronas [+]
US Dollar exchange rate [+]01/23/202699.9072chart124.340001/23/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/23/2026-1.32%chart4.29%01/23/2026Stock ExchangeYTD % [+]
Prices
4.5%December 2025CPI (overall index) [+]
HICP [+]December 20253.1%chart4.0%December 2025HICP [+]
PPI Year on Year [+]December 20251.7%
Money Market
Key rates [+]09/12/20245.75%chart7.25%11/19/2025Key rates [+]
Business
Doing Business [+]202044ºchart26º2020Doing Business [+]
IPI Year on Year [+]November 2025-2.2%
Passengers vehicles Year [+]December 201925,514chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498
Vehicles / 1,000 people [+]2020353.73chart695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%chart36.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201220.00%chart24.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,773,000chart698,0002021Annual arrivals [+]
Exports [+]2024€28,944.2Mchart€6,404.4M2024Exports [+]
Exports [+]2024$31,328.6Mchart$6,932.0M2024Exports [+]
Exports % GDP [+]202434.76%chart20.86%2024Exports % GDP [+]
Imports [+]2024€38,102.7Mchart€8,922.6M2024Imports [+]
Imports [+]2024$41,241.6Mchart$9,657.6M2024Imports [+]
Imports % GDP [+]202445.76%chart29.07%2024Imports % GDP [+]
Trade balance [+]2024€-9,158.5Mchart€-2,518.2M2024Trade balance [+]
Trade balance [+]2024$-9,913.0Mchart$-2,725.7M2024Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart-8.20%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20258.4%
Socio-Demography
Global AgeWatch Ranking [+]201566ºchart7º2015Global AgeWatch Ranking [+]
Density [+]202477chart42024Density [+]
Global Peace Ranking [+]202454ºchart1º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]20173,588.0chart171.92017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart17.74%2020% Immigrant [+]
% Emigrant [+]202014.61%chart11.73%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart132.92017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20231.62chart1.552023Fertility Rate [+]
Crude marriage rate [+]20234.80‰chart5.00‰2020Crude marriage rate [+]
% risk of poverty [+]202419.7%chart8.8%2020% risk of poverty [+]
Population [+]20246,567,783chart389,4442024Population [+]
Immigrant stock [+]2020823,011chart65,4242020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart43,2512020Emigrant stock [+]
HDI [+]20220.805chart0.9592022HDI [+]
Gender Gap Ranking [+]202426ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart82.802024Life expectancy [+]
Suicides [+]2023668chart482024Suicides [+]
Suicide rate [+]202310.11chart12.332024Suicide rate [+]
Number of homicides [+]202389chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20231.31chart1.292023Rate Homicides per 100.000 [+]
Energy and Environment
8.792023CO2 Tons per capita [+]
Annual crude oil production [+]202412
Crude Oil Reserves [+]202177.5
Consumption GWh [+]202330,824chart19,2732023Consumption GWh [+]
Generation GWh [+]202337,661chart19,8162023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202518,057chart18612/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20252,568,003chart211,17212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,749.33chart477.6012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart903,42412/23/2023Doses administered [+]
Serbia
Iceland