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The economy of Iceland is small and subject to high volatility. In 2011, gross domestic product was US$12 billion, but by 2018 it had increased to a nominal GDP of US$27 billion. With a population of 387,000, this is $55,000 per capita, based on purchasing power parity (PPP) estimates. [18]
As of 1 January 2023, about 63% of the population was documented to live in the Greater Reykjavik area with a total of 242,995 inhabitants. [ 39 ] Children of foreign origin form a more considerable minority in the city's schools: as many as a third in places. [ 40 ]
As of 2024, there are 244,177 people residing the region, of whom 123,951 are male, 120,115 are female, and 111 are non-binary/other. The population density is of 233.44 inhabitants per square kilometre.
total population: 1 male: 1 female (2024 est.) Maternal mortality rate. 3 deaths/100,000 live births (2020 est.) Infant mortality rate. 1.6 deaths/1,000 live births (2024 est.) Life expectancy at birth. total population: 84 years male: 81.8 years female: 86.3 years (2024 est.) Health expenditures. 9.6% of GDP (2020) Physicians density
Despite total starts continuing their decline, single-family starts had rebounded by 6.4% in November. What it all means This week’s reports provide a snapshot of how the economy ended 2024.
Population (2024) [3] Area (km 2) Population density (per km 2) ISO 3166-2 Number of municipalities Largest town 1 Capital Region: Höfuðborgarsvæðið 244,177 1,046 233.44 IS-1 7 Reykjavík: 2 Southern Peninsula: Suðurnes 30,933 813 38.05 IS-2 4 Reykjanesbær: 3 Western Region: Vesturland 17,419 9,527 1.83 IS-3 9 Akranes: 4 Westfjords ...
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
This is a list of cities in the world by nominal gross domestic product (GDP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria.