Compare the economies of the countries

Table of Contents

Economy power of Iceland & Singapore

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Iceland vs Singapore

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Iceland Singapore
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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 Republic of Singapore is a city-state that is located in Southeast Asia. Near it, we can find Malay Peninsula and Indonesian Islands. There is one main island with 63 minor ones. Interestingly, in spite of being just a city-state, there is a horrendous amount of people living there, making Singapore the second most densely populated nation in the world. There are four official languages, including Malay, Tamil, Chinese, and English. More about Singapore

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland Singapore
Position in the ranking of countries
GDP [US$] 25,602,419,210 396,986,899,888
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 Singapore
Position in the ranking of countries
GNI [US$] 24,377,259,095 349,153,926,311
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 Singapore
Position in the ranking of countries
External balance [US$] -457,200,418 124,499,962,783
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 Singapore
Position in the ranking of countries
Unemployment [%] 6.02 3.54
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 Singapore
Position in the ranking of countries
Population 372,520 5,453,566
Percentage of the other

Population growth (annual %)

Density

Gender

Demography