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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Ecuador & Iceland

Ecuador Flag svg Iceland Flag svg

Ecuador vs Iceland

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Ecuador Iceland
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World Rank 94 2.09 World Rank 34 4.36
Ecuador is a country that can be found in South America, in its northwestern part. It is bordered by such nations as Colombia and Peru. Besides that, we should also remember about its coastal line with the Pacific Ocean on the west. The Republic of Ecuador is also the owner of the Galapagos Islands in the Pacific. The land area of this republic is said to be at around 283,000 square kilometers. More about Ecuador 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))

Ecuador Iceland
Position in the ranking of countries
GDP [US$] 106,165,866,000 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))

Ecuador Iceland
Position in the ranking of countries
GNI [US$] 104,502,252,483 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)

Ecuador Iceland
Position in the ranking of countries
External balance [US$] 1,051,807,000 -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)

Ecuador Iceland
Position in the ranking of countries
Unemployment [%] 4.50 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)

Ecuador Iceland
Position in the ranking of countries
Population 17,797,737 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography