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Iceland  

Iceland, is a country located at Northern Europe, it has an area of 103,000 Km2,

Iceland, with a population of 348,450 people, it is one of the least populous country in the world and it has a low population density, 3 people per km2.

The capital is Reykjavik and its currency is Icelandic kronas

Iceland is holding the 107 position by nominal GDP. Its national debt in 2016 was 9,678 millions of euros10,712 millions of dollars, ( 52.75% debt-to-GDP ratio) and its public debt per capita is 28,603€ euros per inhabitant31,661$ dollars per inhabitant.

The last annual rate of CPI published in Iceland was on January of 2019 and it was 3.4%.

In terms of the human development index (HDI) of Iceland, which is the index used by the United Nations to measure the progress of a country, was 0.935 points in 2017, leaving it in 6th place in the table of 189 countries published.

If the reason to visit Iceland are business, you must know it's in the 21th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Iceland, if you want to see information about other countries click here

Iceland Economy
Comptes nationaux - Government
Qu. GDP Per Capita [+]2018Q316,129€
Annual GDP [+]201721,706M.€
Annual GDP [+]201723,909M.$
GDP per capita [+]201763,200€
GDP per capita [+]201768,616$
Quarterly GDP [+]2018Q35,620M.€
Debt [+]20169,678
Debt [+]201610,712
Debt (%GDP) [+]201652.75%
Debt Per Capita [+]201628,603€
Debt Per Capita [+]201631,661$
Deficit (M.€) [+]20178
Deficit (M.$) [+]20179
Deficit (%GDP) [+]20170%
Expenditure (M.€) [+]20179,222.8
Expenditure (M.$) [+]201710,419.0
Education Expenditure (M.€) [+]20151,205.9
Education Expenditure (M.$) [+]20151,337.4
Education Expenditure (%Bud.) [+]201518.16%
Gov. Health Exp. (M.€) [+]20171,473.7
Gov. Health Exp.(M.$) [+]20171,664.8
Gov. Health Exp. (%Bud.) [+]201614.94%
Defence Expenditure (M.€) [+]20170
Defence Expenditure (M.$) [+]20170
Defence Expenditure (%Bud.) [+]20170%
Expenditure (%GDP) [+]201742.50%
Expenditure Per Capita [+]201726,468€
Expenditure Per Capita [+]201729,901$
Education Expenditure P.C [+]20153,647€
Education Expenditure P.C [+]20154,022$
Gov. Health Exp. P.C. [+]20174,355€
Gov. Health Exp. P.C. [+]20174,920$
Defence Expenditure P.C. [+]20170€
Defence Expenditure P.C. [+]20170$
Moody's Rating [+]07/20/2018A3
S&P Rating [+]03/17/2017A
Fitch Rating [+]12/07/2018A
Corruption Index [+]201876
Competitiveness Ranking [+]201824º
Fragile States Index [+]201820.3
RTI Raking [+]09/28/2018106º
Innovation Ranking [+]201823º
Labour
Unemployment Rate [+]December 20182.6%
Unemployment rate [+]2018Q32.2%
Unemployed [+]2018Q35 m.
Average Wage [+]201773,781€
Average Wage [+]201783,350$
Human Capital Ranking [+]201721º
Markets
US Dollar exchange rate [+]02/20/2019119.6300
Stock ExchangeYTD % [+]02/19/20195.23%
Prices
CPI (overall index) [+]January 20193.4%
HICP [+]December 20182.0%
Money Market
Key rates [+]11/07/20184.50%
Business
Doing Business [+]201921º
Passengers vehicles Year [+]June 201719,337
Annual Vehicles/ 1,000 p. [+]June 201764.37
Vehicles / 1,000 people [+]2015787.14
Taxes
Standard VAT [+]01/01/201524.00%
Top tax rate + SSC [+]201744.4%
Trade
Exports [+]20184,713.0 M.€
Exports [+]20174,864.2 M.$
Exports % GDP [+]201719.87%
Imports [+]20186,198.0 M.€
Imports [+]20176,969.5 M.$
Imports % GDP [+]201727.41%
Trade balance [+]2018-1,485.0 M.€
Trade balance [+]2017-2,105.3 M.$
Trade balance % GDP [+]2017-7.53%
Socio-Demography
Ranking [+]2015
Density [+]20173
Global Peace Ranking [+]2018
Crude divorce rate [+]20111.60‰
Remittance received (M.$) [+]2017171.9
% Immigrant [+]201712.01%
% Emigrant [+]201711.87%
Birth Rate [+]201711.90‰
Remittance sent (M.$) [+]2017132.9
Crude death rate [+]20176.50‰
Fertility Rate [+]20161.74
Rate Homicides per 100.000 [+]20160.30
Crude marriage rate [+]20114.60‰
% risk of poverty [+]20159.6%
Population [+]2017348,450
Immigrant stock [+]201741,853
Emigrant stock [+]201741,352
HDI [+]20170.935
Gender Gap Ranking [+]2018
Life expectancy [+]201682.20
Number of homicides [+]20161
Energy and Environment
CO2 Tons per capita [+]201712.23