Iceland has a population of 0.32 million people, and a land mass of 100 000 km2. Life expectancy is 82 years, and with a per capita GDP of USD 70056, the country is classified as a high income country. The country's GDP grew in 2017 with 3.6%, and totaled a nominal value of USD 23.9 billion.
Iceland is ranked at place 21 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Iceland is ranked at place 13, out of 180 countries in total.
Norwegian exports to Iceland in 2017 were NOK 4.518 billion. The same year, Norway imported goods from Iceland at a value of 2.906 billion.