(2) Distribution of prosperity

10.3% of all the population in Iceland work in the primary sector , 18.3% work in the secondary sector and 71.4% works in the tertiary sector. In Iceland there are no minimum wages. Every wage is determined on how many hours you work and what job you do.  8.3% in Iceland is unemployed. Island is a core country and we can show that in the picture above.

(3) Purchasing power

 For 1 dollar you can't buy a lot in Iceland. One Cappuchino costs approximately 4.00 dollar so everything is very expensive.

(4) Labour force

From March 2016 and February 2017, the average total number of employers in Iceland was 16,947 and the average number of employees was 181,300. This is an increase of 210 (1.3%) employers and 8,300 (4.8%) employees compared to the period from March 2015 to February 2016.

(5) Trade with EU

The trade with the EU is okay. They import goods as much as they export goods and they have a very small role in the trade in Europe. 

• The EU had a trade surplus of €707 million in 2016. This was the EU's first trade surplus with Iceland in ten years.
• Iceland's exports to the EU mainly consist of fuels and mining products, non-ferrous metal and fish and fishery products.
• Iceland is the fifth-largest exporter of fish and fishery products to the EU after Norway, China, Ecuador and Morocco, representing 4% of EU fish and aquaculture imports.

Malta

(1) GNP/capita 

The Gross Domestic Product per capita in Malta was last recorded at 35694.04 US dollars in 2016. 

(2) Distribution of prosperity

In Malta nowadays we only find a small percentage of people who are working in the primary sector. They have an amount  of farmers and fishermen. In the secondary sector Malta has an amount of industrial estates which provide both products for the local and foreign market. 

Malta mainly depends on the tertiary sector where many people work in the different areas. Malta also depends on this sector because of tourism and tourism is the most important for Malta.  

(3) Purchasing power

In Malta the purchasing power is higher, 1 Euro is 0.4293 in Maltese Liri. So for 1 Euro in Malta you can buy more than in for example Iceland. But from January 2008 Malta adopted the Euro currency.

(4) Labour force

Labour Force  in Malta increased to 56.90 percent in the fourth quarter of 2017 from 56.50 percent in the third quarter of 2017.

Source: https://tradingeconomics.com/malta/labor-force-participation-rate

(5) Trade with EU

Over the decade, Malta imported more than it exported, while import and export growth remained modest. Malta mostly trades with France and Italy.