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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Paraguay

Iceland Flag svg Paraguay Flag svg

Iceland vs Paraguay

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Iceland Paraguay
World map with selected countries highlighted.
World Rank 34 4.36 World Rank 116 1.86
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 Paraguay, or as it goes by the official name the Republic of Paraguay, is a country located in South America with the capital city of Asuncion - the first established city by Spanish conquistadors in the region and the first capital of the governorate of the Rio de la Plata. More about Paraguay

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Paraguay
Position in the ranking of countries
GDP [US$] 25,602,419,210 39,495,431,574
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 Paraguay
Position in the ranking of countries
GNI [US$] 24,377,259,095 38,349,497,671
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 Paraguay
Position in the ranking of countries
External balance [US$] -457,200,418 458,341,509
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 Paraguay
Position in the ranking of countries
Unemployment [%] 6.02 7.31
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 Paraguay
Position in the ranking of countries
Population 372,520 6,703,799
Percentage of the other

Population growth (annual %)

Density

Gender

Demography