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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Iceland & Tonga

Iceland Flag svg Tonga Flag svg

Iceland vs Tonga

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Iceland Tonga
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World Rank 34 4.36 World Rank 167 1.08
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 Tonga, also known as the Kingdom of Tonga, is a Polynesian country and archipelago which consists of 169 islands. Only 36 of them are inhabited. The total size of this unique archipelago comes to about 750 square kilometres. Its entire population equals 100,651 people. Interestingly, around 70% of all the inhabitants reside on Tongatapu which is the main island. There are two major languages spoken which are English and Tongan. More about Tonga

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Iceland Tonga
Position in the ranking of countries
GDP [US$] 25,602,419,210 469,231,309
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 Tonga
Position in the ranking of countries
GNI [US$] 24,377,259,095 495,412,441
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 Tonga
Position in the ranking of countries
External balance [US$] -457,200,418 -226,742,613
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 Tonga
Position in the ranking of countries
Unemployment [%] 6.02 2.67
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 Tonga
Position in the ranking of countries
Population 372,520 106,017
Percentage of the other

Population growth (annual %)

Density

Gender

Demography