We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Iceland & Portugal

Iceland Flag svg Portugal Flag svg

Iceland vs Portugal

Show map
Iceland Portugal
World map with selected countries highlighted.
World Rank 34 4.36 World Rank 56 2.88
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 Officially known as the Portugese Republic, the nation is located on the Iberian Peninsula in soutwestern part of Europe. As a result of its position, it is considered the westernmost sovereign state in Mainland Europe. The only sharing border they have (besides the enormous coastline with the Atlantic Ocean) is with Spain. The capital and largest city in Portugal is Lisbon. It is important to notice that it is one of the oldest nations in Europe. More about Portugal

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

small flag small flag

(United States of America (USA))

Iceland Portugal
Position in the ranking of countries
GDP [US$] 25,602,419,210 253,663,144,586
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

small flag small flag

(United States of America (USA))

Iceland Portugal
Position in the ranking of countries
GNI [US$] 24,377,259,095 250,592,690,421
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

small flag small flag

(China)

Iceland Portugal
Position in the ranking of countries
External balance [US$] -457,200,418 -7,566,241,687
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)

small flag small flag

(South Africa)

Iceland Portugal
Position in the ranking of countries
Unemployment [%] 6.02 6.58
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

small flag small flag

(China)

Iceland Portugal
Position in the ranking of countries
Population 372,520 10,325,147
Percentage of the other

Population growth (annual %)

Density

Gender

Demography