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CompareEconomy.com Comparison of world economies

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Economy power of Iceland & Nauru

Iceland Flag svg Nauru Flag svg

Iceland vs Nauru

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Iceland Nauru
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World Rank 30 4.64 World Rank 138 1.53
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 Republic of Nauru was formerly known as Pleasant Island. It is a microstate and an island country in one. Located in Oceania, in the Central Pacific, its nearest neighbour is Banaba Island, which is approximately 300 kilometers away.  More about Nauru

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Nauru
Position in the ranking of countries 101 (2023) 178 (2023)
GDP [US$] 31,325,116,556 154,170,289
Percentage of the other 20318.5 % 0.5 %

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 Nauru
Position in the ranking of countries 100 (2023) 176 (2023)
GNI [US$] 31,871,436,144 262,445,000
Percentage of the other 12144 % 0.8 %

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 Nauru
Position in the ranking of countries 59 (2023) 63 (2023)
External balance [US$] 154,336,257 -86,376,199
Percentage of the other -178.7 % -56 %

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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(Eswatini)

Iceland Nauru
Position in the ranking of countries 59 (2023) 63 (2023)
Unemployment [%] 3.11 -
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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(India)

Iceland Nauru
Position in the ranking of countries 169 (2023) 190 (2023)
Population 393,349 11,875
Percentage of the other 3312.4 % 3 %

Population growth (annual %)

Density

Gender

Demography