Compare the economies of the countries

Table of Contents

Economy power of Iceland & Timor-Leste

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Iceland vs Timor-Leste

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Iceland Timor-Leste
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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 Timor-Leste has several names. It’s also known as East Timor and, more officially, the Democratic Republic of Timor-Leste. The country is an island located in Southeast Asia and Oceania with its size of about 15,007 square kilometres. Once, Timor-Leste was a Portugal colony with the name Portuguese Timor. Therefore, Portuguese is one of two official languages in the country, right behind the Tetum language. More about Timor-Leste

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland Timor-Leste
Position in the ranking of countries
GDP [US$] 25,602,419,210 3,621,222,382
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 Timor-Leste
Position in the ranking of countries
GNI [US$] 24,377,259,095 1,888,203,479
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 Timor-Leste
Position in the ranking of countries
External balance [US$] -457,200,418 999,784,030
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 Timor-Leste
Position in the ranking of countries
Unemployment [%] 6.02 4.97
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 Timor-Leste
Position in the ranking of countries
Population 372,520 1,320,942
Percentage of the other

Population growth (annual %)

Density

Gender

Demography