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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Luxembourg

Iceland Flag svg Luxembourg Flag svg

Iceland vs Luxembourg

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Iceland Luxembourg
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World Rank 34 4.36 World Rank 17 7.29
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 Grand Duchy of Luxembourg is a nation situated in the centre of Western part of Europe. It is a landlocked country with such border partners as Belgium, Germany, and France. The capital of the state is Luxembourg city and it is considered to be one of the four official capitals of the European Union (three others are Brussels, Frankfurt, and Strasbourg).  More about Luxembourg

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Luxembourg
Position in the ranking of countries
GDP [US$] 25,602,419,210 85,506,243,833
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 Luxembourg
Position in the ranking of countries
GNI [US$] 24,377,259,095 59,692,666,901
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 Luxembourg
Position in the ranking of countries
External balance [US$] -457,200,418 29,710,367,990
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 Luxembourg
Position in the ranking of countries
Unemployment [%] 6.02 5.25
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 Luxembourg
Position in the ranking of countries
Population 372,520 640,064
Percentage of the other

Population growth (annual %)

Density

Gender

Demography