Iceland vs Namibia: Economic Indicators Comparison
Gross Domestic Product & Income
Stat | ||
---|---|---|
GDP | $25.9B | $14.5B |
GDP growth, 1 year | 4.6% | -0.1% |
GDP growth, 5-years average | 4.5% | 2.4% |
Population | 357k | 2.5M |
GDP per capita | $73k | $5.9k |
GDP per capita growth | 1.6% | -2.4% |
Purchasing Power Parity conversion factor | 138.33 | 7.07 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 1.28 | 0.53 |
GDP per capita, PPP adjusted | $56k | $11k |
GNI, Atlas method | $24B | $12.8B |
GNI per capita | $68k | $5.2k |
GNI, PPP adjusted | $19.5B | $26.6B |
GNI per capita, PPP adjusted | $55k | $11k |
Financial system and Human development
Stat | ||
---|---|---|
Income Tax Rate | 31.8% | 37% |
Corporate Tax Rate | 20% | 34% |
Inflation, consumer prices | 2.7% | 4.3% |
Inflation, GDP deflator | 2.4% | 7% |
Unemployment | 2.9% | 23.1% |
Economic Freedom Index | 77.1 | 60.9 |
Personal Freedom Index | 9.27 | 7.15 |
Human Freedom Index | 8.22 | 6.97 |
Property Rights Index | 87.6 | 58.9 |
Judical Effectiveness Index | 63.2 | 58.5 |
Business Freedom Index | 84.7 | 65.6 |
Fiscal Health Index | 97.5 | 28.7 |
Labor Freedom Index | 63.5 | 84.9 |
Investment Freedom Index | 85 | 65 |
Financial Freedom Index | 70 | 40 |
Trade Freedom Index | 86.8 | 83.2 |
Monetary Freedom Index | 80.3 | 75.9 |
Government Spending Index | 44.1 | 58.1 |
Tax Burden Index | 71.7 | 65.7 |
Government Integrity Index | 90.3 | 46 |
Corruption Perceptions Index | 76 | 53 |
Life expectancy at birth, years | 82.2 | 63 |
Suicide mortality rate, per 100,000 people | 14 | 8.7 |
Mortality caused by road traffic injury, per 100,000 people | 6.6 | 30.4 |
Intentional homicides, per 100,000 people | 0.9 | 17.1 |
International tourism, number of arrivals | 2.3M | 1.5M |
Government debt & reserves
Stat | ||
---|---|---|
Central government debt, % of GDP | 35.4% | 47.1% |
External debt stocks, % of GNI | N/A | N/A |
External debt stocks | N/A | N/A |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 16.6% | 4.5% |
Gross savings, % of GDP | 21.2% | 14% |
Gross capital formation, % of GDP | 22.6% | 12.6% |
Total reserves including gold | $6.3B | $2.1B |
Foreign direct investment net inflows | -$434.6M | $199.6M |
Exports, imports and economic structure
Stat | ||
---|---|---|
Exports of goods and services, % of GDP | 47.2% | 38.7% |
Imports of goods and services, % of GDP | 44.1% | 44.9% |
Current account balance (balance of payments) | $731.3M | -$354.5M |
Revenue excluding grants, % of GDP | 31% | 31.6% |
Grants excluding technical cooperation, BoP | N/A | $127.9M |
Personal remittances received | $168.9M | $53.7M |
Industry including construction value added, % of GDP | 19.6% | 29.3% |
Agriculture, forestry and fishing value added, % of GDP | 4.6% | 7.2% |
Charges for the use of intellectual property, payments BoP | $143.4M | $1.3M |
Charges for the use of intellectual property, receipts BoP | $241.7M | $1.4M |
Expense, % of GDP | 30.8% | 31.1% |
Government Expenditure, % of GDP | 43.2% | 37.4% |