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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Laos

Iceland Flag svg Laos Flag svg

Iceland vs Laos

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Iceland Laos
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World Rank 34 4.36 World Rank 138 1.61
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 socialist state of Laos is located in Southeast Asia. Interestingly, it is the only landlocked country in this region. The official name of the nation is Lao People's Democratic Republic. With a total land area of 237,955 square kilometers, it has a population of 7.1 million people. Thanks to that, the density of Laos is approximately 26.7 square kilometers. More about Laos

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Laos
Position in the ranking of countries
GDP [US$] 25,602,419,210 18,827,148,509
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 Laos
Position in the ranking of countries
GNI [US$] 24,377,259,095 17,689,912,748
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 Laos
Position in the ranking of countries
External balance [US$] -457,200,418 -1,380,096,453
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 Laos
Position in the ranking of countries
Unemployment [%] 6.02 3.64
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 Laos
Position in the ranking of countries
Population 372,520 7,425,057
Percentage of the other

Population growth (annual %)

Density

Gender

Demography