Compare the economies of the countries

Table of Contents

Economy power of Estonia & Iceland

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Estonia vs Iceland

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Estonia Iceland
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The Republic of Estonia is one of the Baltic nations located in Northern Europe. It is located on the eaterrn coast of the Baltic Sea and borders Finland across the Gulf of Finland. Besides that, they also border Sweden across the sea. In terms of standard neighbors, Latvia is located in the south. The land territory of Estonia is approximately 45,200 square kilometers, which is very low - even for the European standards. More about Estonia 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)

Estonia Iceland
Position in the ranking of countries
GDP [US$] 41,291,245,222 31,325,116,556
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

Estonia Iceland
Position in the ranking of countries
GNI [US$] 40,050,178,864 31,871,436,144
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)

Estonia Iceland
Position in the ranking of countries
External balance [US$] 353,519,696 154,336,257
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)

Estonia Iceland
Position in the ranking of countries
Unemployment [%] 7.83 3.11
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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(India)

Estonia Iceland
Position in the ranking of countries
Population 1,370,286 393,349
Percentage of the other

Population growth (annual %)

Density

Gender

Demography