Compare the economies of the countries

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Economy power of Iceland & Nicaragua

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Iceland vs Nicaragua

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Iceland Nicaragua
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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 Nicaragua is the largest country located in the region of Central America. Still, its total land area of 130,375 square kilometers is only 96th in worldwide rankings. It is bordered by only two other states, namely Costa Rica and Honduras. The capital and largest city in the republic is Managua, which is also the third largest city in the Central America region. More about Nicaragua

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland Nicaragua
Position in the ranking of countries
GDP [US$] 25,602,419,210 14,013,022,092
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

Iceland Nicaragua
Position in the ranking of countries
GNI [US$] 24,377,259,095 13,114,322,092
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 Nicaragua
Position in the ranking of countries
External balance [US$] -457,200,418 -1,759,119,729
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)

Iceland Nicaragua
Position in the ranking of countries
Unemployment [%] 6.02 5.93
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 Nicaragua
Position in the ranking of countries
Population 372,520 6,850,540
Percentage of the other

Population growth (annual %)

Density

Gender

Demography