Country comparison Somalia vs Iceland

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Gouvernement
GDP Growth (%) [+]20244.1%chart-1.2%2024GDP Growth (%) [+]
22,143K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€11,056Mchart€30,697M2024Annual GDP [+]
Annual GDP [+]2024$11,967Mchart$33,222M2024Annual GDP [+]
GDP per capita [+]2024€582chart€79,4002024GDP per capita [+]
GDP per capita [+]2024$630chart$86,6642024GDP per capita [+]
€8,623M2025Q3Quarterly GDP [+]
18,0272023Debt (M.€.) [+]
19,4982023Debt ($M) [+]
61.55%2023Debt (%GDP) [+]
€46,9982023Debt Per Capita [+]
$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]20235chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]20235chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]20230.05%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2023677.7chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]2023733.0chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20230.0chart1,978.92023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20230.0chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20258.13%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202353.8chart2,318,346,769.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202358.2chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20237.90%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024175.3chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024189.8chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202421.57%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]20236.68%chart47.00%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€37chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$40chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€0chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$0chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€3chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$3chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€9chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$10chart$02019Defence Expenditure P.C. [+]
A109/20/2024Moody's Rating [+]
A+11/10/2023S&P Rating [+]
A05/22/2020Fitch Rating [+]
Corruption Index [+]202311chart722023Corruption Index [+]
26º2019Competitiveness Ranking [+]
Fragile States Index [+]2024111.3chart15.22024Fragile States Index [+]
115º2024RTI Raking [+]
22º2024Innovation Ranking [+]
Labour
4.6%November 2025Unemployment Rate [+]
3.6%2025Q2Unemployment rate [+]
9K2025Q2Unemployed [+]
$3,127.62024NMW [+]
€2,830.52024NMW [+]
$85,6212024Average Wage [+]
€79,1042024Average Wage [+]
21º2017Human Capital Ranking [+]
Markets
146.400001/16/2026Euro / Icelandic kronas [+]
126.020001/16/2026US Dollar exchange rate [+]
3.06%01/19/2026Stock ExchangeYTD % [+]
Prices
4.5%December 2025CPI (overall index) [+]
4.0%December 2025HICP [+]
Money Market
7.25%11/19/2025Key rates [+]
Business
Doing Business [+]2020190ºchart26º2020Doing Business [+]
20,014December 2024Passengers vehicles Year [+]
47.75December 2022Annual Vehicles/ 1,000 p. [+]
695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20222.6%chart36.9%2024Tax Revenue (%GDP) [+]
24.00%01/01/2015Standard VAT [+]
44.4%2022Top tax rate + SSC [+]
Trade
698,0002021Annual arrivals [+]
Exports [+]2023€695.7Mchart€6,404.4M2024Exports [+]
Exports [+]2023$752.2Mchart$6,932.0M2024Exports [+]
Exports % GDP [+]20236.86%chart20.86%2024Exports % GDP [+]
Imports [+]2023€3,867.0Mchart€8,922.6M2024Imports [+]
Imports [+]2023$4,181.3Mchart$9,657.6M2024Imports [+]
Imports % GDP [+]202338.16%chart29.07%2024Imports % GDP [+]
Trade balance [+]2023€-3,171.3Mchart€-2,518.2M2024Trade balance [+]
Trade balance [+]2023$-3,429.1Mchart$-2,725.7M2024Trade balance [+]
Trade balance % GDP [+]2023-31.29%chart-8.20%2024Trade balance % GDP [+]
Socio-Demography
7º2015Global AgeWatch Ranking [+]
Density [+]202430chart42024Density [+]
Global Peace Ranking [+]2024153ºchart1º2024Global Peace Ranking [+]
1.90‰2020Crude divorce rate [+]
171.92017Remittance received ($M) [+]
% Immigrant [+]20200.35%chart17.74%2020% Immigrant [+]
% Emigrant [+]202012.22%chart11.73%2020% Emigrant [+]
Birth Rate [+]202342.96‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20170.9chart132.92017Remittance sent ($M) [+]
Crude death rate [+]20239.84‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20236.13chart1.552023Fertility Rate [+]
5.00‰2020Crude marriage rate [+]
% risk of poverty [+]202255.4%chart8.8%2020% risk of poverty [+]
Population [+]202419,009,151chart389,4442024Population [+]
Immigrant stock [+]202058,590chart65,4242020Immigrant stock [+]
Emigrant stock [+]20202,034,221chart43,2512020Emigrant stock [+]
HDI [+]20220.380chart0.9592022HDI [+]
1º2024Gender Gap Ranking [+]
Life expectancy [+]202358.82chart82.802024Life expectancy [+]
Suicides [+]2015578chart482024Suicides [+]
Suicide rate [+]20154.19chart12.332024Suicide rate [+]
52023Number of homicides [+]
1.292023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.05chart8.792023CO2 Tons per capita [+]
Consumption GWh [+]2023397chart19,2732023Consumption GWh [+]
Generation GWh [+]2023412chart19,8162023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20251,361chart18612/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/202527,334chart211,17212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/25/20237,666,835chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/202571.60chart477.6012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]07/25/202310,555,834chart903,42412/23/2023Doses administered [+]
Somalia
Iceland