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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Belgium & Iceland

Belgium Flag svg Iceland Flag svg

Belgium vs Iceland

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Belgium Iceland
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World Rank 27 5.12 World Rank 34 4.36
One of the smallest nations in Europe is the Kingdom of Belgium. It is located in Western Europe. They have four different neighbours, namely France, Germany, Netherlands, and Luxembourg. The total land area is very small, because there are 30,600 square kilometers, giving them 136th place in terms of land coverage. More about Belgium Iceland is located in the North Atlantic Ocean and it is considered to be a Nordic island country. The place is well known for its volcanic and geological activity. It is also the most sparsely populated country in the entire Europe due to very small population and considerably large land area of 102,885 square kilometers. The nation is governed by President Guðni Th. Jóhannesson and Prime Minister Katrín Jakobsdóttir.  More about Iceland

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Belgium Iceland
Position in the ranking of countries
GDP [US$] 594,104,177,539 25,602,419,210
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Belgium Iceland
Position in the ranking of countries
GNI [US$] 599,601,791,048 24,377,259,095
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Belgium Iceland
Position in the ranking of countries
External balance [US$] 6,246,761,221 -457,200,418
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(South Africa)

Belgium Iceland
Position in the ranking of countries
Unemployment [%] 6.26 6.02
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Belgium Iceland
Position in the ranking of countries
Population 11,592,952 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography