Compare the economies of the countries

Table of Contents

Economy power of Iceland & Oman

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Iceland vs Oman

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Iceland Oman
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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 Sultanate of Oman is a nation located in the Arabian Peninsula, in its southeastern coast. It is one of the oldest independent states in the Arab world. Due to its strategic location in Western Asia, it is one of the most important trading partners for many crucial nations around the world. The capital and largest city in the nation is Muscat. More about Oman

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland Oman
Position in the ranking of countries
GDP [US$] 25,602,419,210 88,191,977,373
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 Oman
Position in the ranking of countries
GNI [US$] 24,377,259,095 82,199,779,713
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 Oman
Position in the ranking of countries
External balance [US$] -457,200,418 9,821,991,417
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 Oman
Position in the ranking of countries
Unemployment [%] 6.02 2.51
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 Oman
Position in the ranking of countries
Population 372,520 4,520,471
Percentage of the other

Population growth (annual %)

Density

Gender

Demography