Compare the economies of the countries

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Economy power of Iceland & United Arab Emirates

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Iceland vs United Arab Emirates

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Iceland United Arab Emirates
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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 United Arab Emirates (most often abbreviated to UAE or informally called Emirates) is the nation located in Western Asia, or to be more precise at the eastern end of the Arabian Peninsula. As a result of that, there are rather few neighbors like, for example, Oman or Saudi Arabia. However, we should also remember about its maritime borders that are possible due to the Persian Gulf. There, they share borders with Qatar and Iran. More about United Arab Emirates

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Iceland United Arab Emirates
Position in the ranking of countries 101 (2021) 33 (2021)
GDP [US$] 25,602,419,210 415,021,590,683
Percentage of the other 6.2 % 1621 %

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 United Arab Emirates
Position in the ranking of countries 98 (2021) 34 (2020)
GNI [US$] 24,377,259,095 349,010,115,405
Percentage of the other 7 % 1431.7 %

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 United Arab Emirates
Position in the ranking of countries 79 (2021) 5 (2020)
External balance [US$] -457,200,418 88,351,313,900
Percentage of the other -0.5 % -19324.4 %

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 United Arab Emirates
Position in the ranking of countries 79 (2021) 5 (2020)
Unemployment [%] 6.02 3.11
Percentage of the other 193.6 % 51.7 %

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 United Arab Emirates
Position in the ranking of countries 169 (2021) 93 (2021)
Population 372,520 9,365,145
Percentage of the other 4 % 2514 %

Population growth (annual %)

Density

Gender

Demography