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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Iceland & Sweden

Iceland Flag svg Sweden Flag svg

Iceland vs Sweden

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Iceland Sweden
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World Rank 34 4.36 World Rank 23 5.64
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 Sweden is the Kingdom of Sweden. It is one of the Nordic countries with the capital in Stockholm. They cover most of Scandinavia and, as a result, they are the third largest nation in the European Union. They border Norway, Finland, and Denmark by a bridge-tunnel path across the Oresund Strait. More about Sweden

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Sweden
Position in the ranking of countries
GDP [US$] 25,602,419,210 635,663,801,201
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 Sweden
Position in the ranking of countries
GNI [US$] 24,377,259,095 653,869,337,889
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 Sweden
Position in the ranking of countries
External balance [US$] -457,200,418 27,348,122,828
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 Sweden
Position in the ranking of countries
Unemployment [%] 6.02 8.72
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 Sweden
Position in the ranking of countries
Population 372,520 10,415,811
Percentage of the other

Population growth (annual %)

Density

Gender

Demography