Compare the economies of the countries

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Economy power of Benin & Iceland

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Benin vs Iceland

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Benin Iceland
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The Republic of Benin is a former French colony. It is a West African country that has borders with such nations as Nigeria, Togo, Burkina Faso, and Niger. Interestingly, most of its population lives near the coast of the Bight of Benin.  In 2019, it had a population of almost 12 million people.  More about Benin 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)

Benin Iceland
Position in the ranking of countries
GDP [US$] 17,144,918,952 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

Benin Iceland
Position in the ranking of countries
GNI [US$] 17,599,874,022 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)

Benin Iceland
Position in the ranking of countries
External balance [US$] -1,000,149,805 -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)

Benin Iceland
Position in the ranking of countries
Unemployment [%] 1.75 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)

Benin Iceland
Position in the ranking of countries
Population 12,996,895 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography