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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Iceland & Serbia

Iceland Flag svg Serbia Flag svg

Iceland vs Serbia

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Iceland Serbia
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World Rank 34 4.36 World Rank 153 1.4
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 Serbia is a landlocked nation located in the southern Pannonian Plain. It is also one of the nations located in the central Balkans. Interestingly, it is said that the country sits at the crossroads of Central and Southeast Europe. Belgrade is the largest city in Serbia, also being its capital. There are 8 nations that neighbour this republic, namely Hungary, Romania, Bulgaria, North Macedonia, Croatia, Bosnia and Herzegovina, and Montenegro. The last, eighth neighbor is either Albania or recently broken away Kosovo.  More about Serbia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Serbia
Position in the ranking of countries
GDP [US$] 25,602,419,210 63,082,047,649
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 Serbia
Position in the ranking of countries
GNI [US$] 24,377,259,095 60,647,891,346
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 Serbia
Position in the ranking of countries
External balance [US$] -457,200,418 -4,917,799,426
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 Serbia
Position in the ranking of countries
Unemployment [%] 6.02 10.06
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 Serbia
Position in the ranking of countries
Population 372,520 6,834,326
Percentage of the other

Population growth (annual %)

Density

Gender

Demography