Compare the economies of the countries

Table of Contents

Economy power of Hungary & Iceland

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Hungary vs Iceland

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Hungary Iceland
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Hungary is a country located in Central Europe with the total land coverage of 93,000 square kilometers. It is a relatively small nation in size. However, because of its population, it is considered to be a medium-sized member state in the European Nation. It is worth noting that the official language in the country, Hungarian, is not an Indo-European language as most of the European ones. It is a Uralic language, same as Finnish.  More about Hungary 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)

Hungary Iceland
Position in the ranking of countries
GDP [US$] 212,388,906,458 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

Hungary Iceland
Position in the ranking of countries
GNI [US$] 204,857,214,604 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)

Hungary Iceland
Position in the ranking of countries
External balance [US$] 10,857,608,813 154,336,257
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)

Hungary Iceland
Position in the ranking of countries
Unemployment [%] 4.43 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)

Hungary Iceland
Position in the ranking of countries
Population 9,592,186 393,349
Percentage of the other

Population growth (annual %)

Density

Gender

Demography