Egypt vs Iceland: Economic Indicators Comparison

Egypt with a GDP of $250.9B ranked the 45th largest economy in the world, while Iceland ranked 108th with $25.9B. By GDP 5-years average growth and GDP per capita, Egypt and Iceland ranked 49th vs 47th and 139th vs 8th, respectively.

Gross Domestic Product & Income

StatEgyptIceland
GDP$250.9B$25.9B
GDP growth, 1 year5.3%4.6%
GDP growth, 5-years average4.2%4.5%
Population94.8M357k
GDP per capita$2.5k$73k
GDP per capita growth3.19%1.6%
Purchasing Power Parity conversion factor3.63138.33
Price level ratio of PPP conversion factor GDP to market exchange rate0.211.28
GDP per capita, PPP adjusted$13k$56k
GNI, Atlas method$275.4B$24B
GNI per capita$2.8k$68k
GNI, PPP adjusted$1.2T$19.5B
GNI per capita, PPP adjusted$12k$55k

Financial system and Human development

StatEgyptIceland
Income Tax Rate25%31.8%
Corporate Tax Rate23%20%
Inflation, consumer prices20.9%2.7%
Inflation, GDP deflator21.4%2.4%
Unemployment11.4%2.9%
Economic Freedom Index5477.1
Personal Freedom Index5.279.27
Human Freedom Index5.828.22
Property Rights Index48.587.6
Judical Effectiveness Index51.263.2
Business Freedom Index6284.7
Fiscal Health Index2.897.5
Labor Freedom Index51.563.5
Investment Freedom Index6085
Financial Freedom Index5070
Trade Freedom Index70.286.8
Monetary Freedom Index61.380.3
Government Spending Index69.944.1
Tax Burden Index86.171.7
Government Integrity Index3490.3
Corruption Perceptions Index3576
Life expectancy at birth, years71.782.2
Suicide mortality rate, per 100,000 people414
Mortality caused by road traffic injury, per 100,000 people9.76.6
Intentional homicides, per 100,000 people2.50.9
International tourism, number of arrivals11.2M2.3M

Government debt & reserves

StatEgyptIceland
Central government debt, % of GDP92.6%35.4%
External debt stocks, % of GNI40.4%N/A
External debt stocks$98.7BN/A
Short-term debt, % of total reserves24.7%N/A
Total debt service, % of exports and primary income15%N/A
Adjusted net savings including particulate emission damage, % of GNI1.2%16.6%
Gross savings, % of GDP13.9%21.2%
Gross capital formation, % of GDP16.7%22.6%
Total reserves including gold$41.8B$6.3B
Foreign direct investment net inflows$6.8B-$434.6M

Exports, imports and economic structure

StatEgyptIceland
Exports of goods and services, % of GDP18.9%47.2%
Imports of goods and services, % of GDP29.4%44.1%
Current account balance (balance of payments)-$6.3B$731.3M
Revenue excluding grants, % of GDP21%31%
Grants excluding technical cooperation, BoP$345.4MN/A
Personal remittances received$25.5B$168.9M
Industry including construction value added, % of GDP35.1%19.6%
Agriculture, forestry and fishing value added, % of GDP11.2%4.6%
Charges for the use of intellectual property, payments BoP$298M$143.4M
Charges for the use of intellectual property, receipts BoP$122M$241.7M
Expense, % of GDP30.2%30.8%
Government Expenditure, % of GDP31.7%43.2%

Compare with countries close by GDP per capita

Egypt vs

CountryGDP
per capita
Population
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M

Iceland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k