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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Euro area

Iceland Flag svg Euro area Flag svg

Iceland vs Euro area

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Iceland Euro area
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World Rank 34 4.36
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 The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency. List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency. More about Euro area

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Euro area
Position in the ranking of countries
GDP [US$] 25,602,419,210 14,563,282,816,938
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))

Iceland Euro area
Position in the ranking of countries
GNI [US$] 24,377,259,095 14,676,257,942,796
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)

Iceland Euro area
Position in the ranking of countries
External balance [US$] -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)

Iceland Euro area
Position in the ranking of countries
Unemployment [%] 6.02 7.70
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)

Iceland Euro area
Position in the ranking of countries
Population 372,520 343,067,846
Percentage of the other

Population growth (annual %)

Density

Gender

Demography