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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Georgia & Iceland

Georgia Flag svg Iceland Flag svg

Georgia vs Iceland

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Georgia Iceland
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World Rank 152 1.4 World Rank 34 4.36
Georgia is a small country located in the region of Caucasus. It lays on the edge of Europe and Asia. It is surrounded by either the Black Sea or by the Caucasus Mountain ranges. The developing country is at the same time very small with the land area of approximately 69,700 square kilometers. Since it is a unitary parliamentary republic, they are governed by President Salome Zurabishvilli and the Prime Minister Giorgi Gakharia. More about Georgia 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))

Georgia Iceland
Position in the ranking of countries
GDP [US$] 18,629,365,597 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))

Georgia Iceland
Position in the ranking of countries
GNI [US$] 17,459,909,901 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)

Georgia Iceland
Position in the ranking of countries
External balance [US$] -3,064,043,258 -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)

Georgia Iceland
Position in the ranking of countries
Unemployment [%] 12.21 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)

Georgia Iceland
Position in the ranking of countries
Population 3,708,610 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography