Iceland ๐ฎ๐ธ
๐ฆ๐บ Australia
Areas Where Iceland Is Better Than Australia
๐ฎ๐ธ Iceland is ranked better in 11 indicators, while Australia is ranked better in 11 indicators.
-
๐ผ Education Expenditure as GDP Percentage
7.29 ๐ฎ๐ธ|5.06 ๐ฆ๐บIndicates the share of national wealth invested in education, impacting long-term economic growth.
-
๐๏ธ Political Stability Estimate
1.21 ๐ฎ๐ธ|0.92 ๐ฆ๐บHigher values indicate a more stable political environment.
-
๐ฟ Planetary Pressuresโadjusted Human Development Index
0.74 ๐ฎ๐ธ|0.7 ๐ฆ๐บAdjusts HDI by considering environmental sustainability. Higher values indicate better human development with lower environmental impact.
-
๐ถ Mortality rate, under-5 (per 1,000 live births)
2.6 ๐ฎ๐ธ|3.7 ๐ฆ๐บA lower rate indicates better child health and healthcare systems.
-
โ๏ธ Gender Inequality Index
0.02 ๐ฎ๐ธ|0.06 ๐ฆ๐บMeasures gender disparities in reproductive health, empowerment, and labor market participation. Lower values indicate less inequality.
-
๐ Inequality-adjusted Human Development Index
0.92 ๐ฎ๐ธ|0.87 ๐ฆ๐บAdjusts the HDI for inequality in distribution of each dimension. Higher values indicate better human development with less inequality.
-
๐ Ease of Arranging Shipments
3.3 ๐ฎ๐ธ|3.1 ๐ฆ๐บEvaluates the ease of arranging competitively priced shipments, affecting trade competitiveness.
-
โ๏ธ Rule of Law: Estimate
1.72 ๐ฎ๐ธ|1.52 ๐ฆ๐บHigher values indicate stronger adherence to the rule of law.
-
๐ GNI per capita, PPP (current international $)
78,080 ๐ฎ๐ธ|68,800 ๐ฆ๐บAllows comparison of living standards across countries by adjusting for price differences.
-
๐ Human Development Index
0.97 ๐ฎ๐ธ|0.96 ๐ฆ๐บAssesses long-term progress in health, education, and income. Higher values indicate better human development.
-
โ๏ธ Gender Development Index
0.98 ๐ฎ๐ธ|0.98 ๐ฆ๐บCompares female and male Human Development Index (HDI) values. Higher values indicate more gender equality.