Compare the economies of the countries

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Economy power of Iceland & Switzerland

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Iceland vs Switzerland

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Iceland Switzerland
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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 Swiss Federation is a mountainous country located in the Western, Central, and Southern Europe. In spite of that, the territory is not large. The land covers only 40,000 square kilometers, which is 132nd place in the world. It is important to notice that Switzerland is a land-locked country with the Alps covering most of its land. More about Switzerland

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland Switzerland
Position in the ranking of countries
GDP [US$] 25,602,419,210 800,640,155,387
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 Switzerland
Position in the ranking of countries
GNI [US$] 24,377,259,095 797,464,598,719
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 Switzerland
Position in the ranking of countries
External balance [US$] -457,200,418 95,210,361,339
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 Switzerland
Position in the ranking of countries
Unemployment [%] 6.02 5.10
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 Switzerland
Position in the ranking of countries
Population 372,520 8,703,405
Percentage of the other

Population growth (annual %)

Density

Gender

Demography