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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Iceland & Malaysia

Iceland Flag svg Malaysia Flag svg

Iceland vs Malaysia

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Iceland Malaysia
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World Rank 34 4.36 World Rank 49 3.47
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 Malaysia is a country located in Southeast Asia. Since it is a federal constitutional monarchy, it is divided into thirteen states and three federal territories. Interestingly, the nation is separated by the South China Sea into two regions, known as Peninsular Malaysia and Borneo's East Malaysia. The land coverage of 330,800 is not as large as in the case of its population figures. More about Malaysia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Malaysia
Position in the ranking of countries
GDP [US$] 25,602,419,210 372,980,957,208
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 Malaysia
Position in the ranking of countries
GNI [US$] 24,377,259,095 362,952,477,493
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 Malaysia
Position in the ranking of countries
External balance [US$] -457,200,418 26,511,476,359
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 Malaysia
Position in the ranking of countries
Unemployment [%] 6.02 4.05
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 Malaysia
Position in the ranking of countries
Population 372,520 33,573,874
Percentage of the other

Population growth (annual %)

Density

Gender

Demography