We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Ethiopia & Iceland

Ethiopia Flag svg Iceland Flag svg

Ethiopia vs Iceland

Show map
Ethiopia Iceland
World map with selected countries highlighted.
World Rank 50 3.44 World Rank 34 4.36
Formally known as The Federal Democratic Republic of Ethiopia, it is a landlocked country situated in the Horn of Africa - a place that is a peninsula and the easternmost projection of the African continent. This republic is landlocked, and as a result of it, there are several neighbouring nations. These are Djibouti, Somaliland, Somalia, Kenya, South Sudan, and Sudan. More about Ethiopia 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)

small flag small flag

(United States of America (USA))

Ethiopia Iceland
Position in the ranking of countries
GDP [US$] 111,271,112,329 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

small flag small flag

(United States of America (USA))

Ethiopia Iceland
Position in the ranking of countries
GNI [US$] 110,714,009,273 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

small flag small flag

(China)

Ethiopia Iceland
Position in the ranking of countries
External balance [US$] -10,092,110,220 -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)

small flag small flag

(South Africa)

Ethiopia Iceland
Position in the ranking of countries
Unemployment [%] 3.93 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

small flag small flag

(China)

Ethiopia Iceland
Position in the ranking of countries
Population 120,283,026 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography