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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Germany & Iceland

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Germany vs Iceland

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Germany Iceland
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World Rank 5 16.43 World Rank 34 4.36
The most powerful country in Europe and the most populated one. The Germans have always been a great power, and their story started more than 2000 years ago. The name itself comes from the Latin Germania. However, it is important to notice that the German term, Deutschland, literally means the German lands and comes from the original “diutisciu land”. More about Germany 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))

Germany Iceland
Position in the ranking of countries
GDP [US$] 4,259,934,911,821 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))

Germany Iceland
Position in the ranking of countries
GNI [US$] 4,411,027,620,953 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)

Germany Iceland
Position in the ranking of countries
External balance [US$] 226,557,454,616 -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)

Germany Iceland
Position in the ranking of countries
Unemployment [%] 3.57 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)

Germany Iceland
Position in the ranking of countries
Population 83,196,078 372,520
Percentage of the other

Population growth (annual %)

Density

Gender

Demography