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CompareEconomy.com Comparison of world economies

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Economy power of Iceland & Papua New Guinea

Iceland Flag svg Papua New Guinea Flag svg

Iceland vs Papua New Guinea

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Iceland Papua New Guinea
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World Rank 34 4.36 World Rank 123 1.77
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 official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Papua New Guinea
Position in the ranking of countries
GDP [US$] 25,602,419,210 26,594,305,745
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 Papua New Guinea
Position in the ranking of countries
GNI [US$] 24,377,259,095 25,499,665,355
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 Papua New Guinea
Position in the ranking of countries
External balance [US$] -457,200,418 520,159,449
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 Papua New Guinea
Position in the ranking of countries
Unemployment [%] 6.02 2.83
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 Papua New Guinea
Position in the ranking of countries
Population 372,520 9,949,437
Percentage of the other

Population growth (annual %)

Density

Gender

Demography