Compare the economies of the countries

Table of Contents

Economy power of Iceland & India

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Iceland vs India

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Iceland India
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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 One of the fastest developing countries at this moment and the third biggest economy in the world if we include PPP factor into equations. The Republic of India is located in South Asia and it is the second most populous country in the entire world. In terms of land, they are the seventh-largest. Interestingly, this is the most populous democracy in the world. They also have an enormous amount of native languages (around 447). More about India

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland India
Position in the ranking of countries
GDP [US$] 25,602,419,210 3,176,295,065,497
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

Iceland India
Position in the ranking of countries
GNI [US$] 24,377,259,095 3,126,862,532,266
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 India
Position in the ranking of countries
External balance [US$] -457,200,418 -79,191,303,181
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)

Iceland India
Position in the ranking of countries
Unemployment [%] 6.02 7.71
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 India
Position in the ranking of countries
Population 372,520 1,407,563,842
Percentage of the other

Population growth (annual %)

Density

Gender

Demography