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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Iraq

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Iceland vs Iraq

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Iceland Iraq
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World Rank 34 4.36 World Rank 54 2.99
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 Situated in Western Asia, the Republic of Iraq is a Muslim-based nation with approximately 38 million citizens. Baghdad is the capital and at the same time the largest city in the nation. Iraqi's density is a bit below average, because it is equal to 82.7 people per square kilometer. It is possible thanks to large land coverage - 437,072 square kilometers.  More about Iraq

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Iraq
Position in the ranking of countries
GDP [US$] 25,602,419,210 207,889,333,724
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 Iraq
Position in the ranking of countries
GNI [US$] 24,377,259,095 205,825,133,724
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 Iraq
Position in the ranking of countries
External balance [US$] -457,200,418 28,001,000,000
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 Iraq
Position in the ranking of countries
Unemployment [%] 6.02 16.17
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 Iraq
Position in the ranking of countries
Population 372,520 43,533,592
Percentage of the other

Population growth (annual %)

Density

Gender

Demography