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🇮🇸 Iceland

Population: 392,404 in 2025 for Iceland (Europe), position 174 out of 213 worldwide. GDP per capita – Iceland: $98,323 /inh. (2025), ranking 9 out of 211. Economic growth is 1.3 % (2025). The unemployment rate is 3.6 % (2025). Annual inflation stands at 4.1 % (2025).

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Strengths and weaknesses

Strengths – Iceland, according to global rankings (rank/countries ranked): Adults with an official ID (1/145), Births registered with civil authorities (1/178), Renewable fresh water per person (1/181).

Weaknesses – Iceland, according to global rankings (rank/countries ranked): Foreign direct investment inflows (192/201), Foreign direct investment inflows (amount) (192/203), GDP per capita growth (181/211).

Regional comparison

Comparable countries

From closest to furthest. The proximity score (0 to 100) compares each country’s position across all the indicators they have in common: 100 = identical profiles.

All indicators

·
Wealth & Growth 9
IndicatorValueYearWorld position
Gross national income per capita (Atlas method)$89,220 /inh.2025 6 of 205
Net national income per capita$54,204 /inh.2021 6 of 184
GDP per capita$98,323 /inh.2025 9 of 211
GDP per capita, purchasing power parity$83,431 /inh.2025 14 of 201
GDP$38.6B2025 107 of 211
GDP, purchasing power parity$32.7B2025 149 of 201
GDP growth1.3 %2025 165 of 211
GDP per capita growth-0.2 %2025 181 of 211
Natural resource rents0 %2021 188 of 211
Prices, Inflation & Currency 6
IndicatorValueYearWorld position
Lending interest rate11 %2025 53 of 146
Official exchange rate128.44 LCU/$2025 61 of 211
Broad money supply (M3)67.4 %2024 67 of 164
Real interest rate3.9 %2025 89 of 146
Inflation (consumer prices)4.1 %2025 136 of 191
Inflation (GDP deflator)6.9 %2025 169 of 210
Employment 8
IndicatorValueYearWorld position
Labor force participation rate (ages 15 and over)74.9 %2025 17 of 184
Employment rate (ages 15 and over)72.2 %2025 17 of 184
Employment in services78.1 %2025 28 of 184
Youth unemployment (ages 15-24)8.7 %2025 55 of 184
Unemployment3.6 %2025 62 of 184
Employment in industry18.2 %2025 104 of 184
Employment in agriculture3.6 %2025 140 of 184
Self-employed workers13.3 %2025 150 of 184
Foreign Trade 7
IndicatorValueYearWorld position
High-technology exports54 %2024 7 of 185
Services exports$8.2B2025 78 of 198
Exports of goods and services40.1 %2025 87 of 192
Trade openness82.5 %2025 97 of 192
Imports of goods and services42.4 %2025 102 of 192
Merchandise exports$7.2B2025 117 of 205
Current account balance-3.9 %2025 130 of 198
Investment, Tourism & Aid 5
IndicatorValueYearWorld position
International tourism receipts$881M2008 87 of 201
International tourist arrivals488,000 arr.2020 128 of 202
Migrant remittances received0.7 %2025 142 of 196
Foreign direct investment inflows-2.2 %2025 192 of 201
Foreign direct investment inflows (amount)-$834.9M2025 192 of 203
Public finances 8
IndicatorValueYearWorld position
Research and development spending2.6 %2023 14 of 155
Government final consumption26.1 %2025 20 of 187
Tax revenue23.2 %2023 29 of 161
Share of income taxes in government revenue34.6 %2023 34 of 159
Budget balance-1.1 %2023 50 of 158
Central government spending32 %2023 54 of 160
Central government debt80.1 %2023 88 of 109
Military spending0 %2025 163 of 165
Finance & Reserves 3
IndicatorValueYearWorld position
Domestic credit to the private sector88.6 %2025 28 of 184
Reserves in months of imports5.3 months2025 68 of 177
Total reserves (including gold)$7.7B2025 92 of 180
Economic structure 7
IndicatorValueYearWorld position
Services66.2 %2025 49 of 202
Gross capital formation26.6 %2025 61 of 185
Gross savings22.6 %2025 88 of 178
Manufacturing8.5 %2025 117 of 201
Agriculture, forestry and fishing3.7 %2025 121 of 203
Industry (including construction)20.1 %2025 129 of 205
Household final consumption49.6 %2025 153 of 189
Population & Vital Statistics 13
IndicatorValueYearWorld position
Adults with an official ID100 %2024 1 of 145
Births registered with civil authorities100 %2022 1 of 178
Number of men per 100 women105.1 per 100 women2025 22 of 213
Share of men in the population51.2 %2025 22 of 213
Urban population94.2 %2025 22 of 213
Boys per 100 girls at birth105.9 per 100 girls2024 61 of 213
Share of people aged 65 and over16 %2025 62 of 213
Share of 15-64 year olds66.5 %2025 68 of 213
Median age of the population35.8 yrs2023 88 of 226
Share of 0-14 year olds17.5 %2025 145 of 213
Age dependency ratio50.4 per 1002025 146 of 213
Population392,404 inhab.2025 174 of 213
Share of women in the population48.8 %2025 192 of 213
Births, deaths and life expectancy 14
IndicatorValueYearWorld position
Road traffic deaths2 per 100,0002019 7 of 188
Infant mortality2.1 per 1,0002024 11 of 194
Male life expectancy at birth81.2 yrs2024 17 of 213
Under-5 mortality2.8 per 1,0002024 17 of 194
Healthy life expectancy69.8 yrs2023 19 of 183
Life expectancy at birth82.8 yrs2024 25 of 213
Female life expectancy at birth84.5 yrs2024 29 of 213
Population growth1.51 %2025 68 of 213
Male suicide rate12.9 per 100,0002023 73 of 183
Suicide rate10.4 per 100,0002023 96 of 183
Death rate6.8 per 1,0002024 128 of 213
Birth rate11.2 per 1,0002024 128 of 213
Children per woman1.56 children/woman2024 136 of 213
Female suicide rate7.5 per 100,0002023 156 of 183
Health and healthcare system 12
IndicatorValueYearWorld position
Access to basic drinking water100 %2024 1 of 211
Open defecation0 %2024 1 of 211
HIV prevalence0.1 %2024 1 of 152
Undernourishment2.5 %2024 1 of 167
Nurses and midwives15.86 per 1,0002023 4 of 196
New tuberculosis cases3 per 100,0002024 17 of 206
Physicians4.37 per 1,0002023 21 of 193
Measles vaccination97 %2024 31 of 191
Health expenditure9 %2024 43 of 191
Share of health spending paid directly by patients14.9 %2024 51 of 191
Access to basic sanitation98.8 %2024 60 of 211
Hospital beds2.8 per 1,0002020 72 of 190
Body and lifestyle 12
IndicatorValueYearWorld position
Tobacco use among men9.4 %2024 6 of 165
Average height of men180.5 cm2014 9 of 198
Average height of women165.9 cm2014 12 of 198
Tobacco use9.2 %2024 29 of 165
Mean body mass index of men27 kg/m²2016 51 of 190
Diabetes prevalence6.9 %2024 60 of 207
Alcohol consumption per capita7.7 L/person2024 65 of 202
Obesity among adult women21 %2024 73 of 196
Adult obesity22.2 %2024 94 of 196
Tobacco use among women9 %2024 101 of 165
Mean body mass index of women25.5 kg/m²2016 118 of 190
Obesity among adult men23.3 %2024 123 of 196
Origins, languages and religions 14
IndicatorValueYearWorld position
Share of the population: Jews0.2 %2020 20 of 192
Share of the population: Buddhists1.3 %2020 22 of 192
Share of immigrants in the population25.1 %2024 36 of 212
Share of the population: people with no religious affiliation19.9 %2020 40 of 192
Share of the population: other religions (including folk religions)2.4 %2020 46 of 192
Share of the population: Hindus0.2 %2020 53 of 192
Share of the population: Christians74.9 %2020 80 of 192
Importance of religion in life40.9 %2022 87 of 114
Regular attendance at places of worship8.5 %2022 109 of 112
Share of the population: Muslims1.2 %2020 117 of 192
Linguistic diversity (fractionalization index)0.082003 156 of 203
Religious diversity (fractionalization index)0.192003 170 of 204
Ethnic diversity (fractionalization index)0.082003 174 of 205
Majority religionChristians (over 50%)2020114 countries out of 192 in the same category
Inequality 4
IndicatorValueYearWorld position
Gini index26.82019 13 of 169
Income share of the poorest 20%9.4 %2019 13 of 169
Extreme poverty0.1 %2019 17 of 169
Income share of the richest 10%22.4 %2019 154 of 169
Territory & Borders 8
IndicatorValueYearWorld position
Latitude of the country's center65 °2026 3 of 232
Length of coastline4,970 km2026 26 of 227
Land area100,830 km²2024 104 of 212
Total area103,000 km²2024 107 of 212
Number of neighboring countries0 countries2026 155 of 223
Length of land borders0 km2026 162 of 230
Population density3.8 inh./km²2024 208 of 212
Landlocked countryHas sea access2026183 countries out of 227 in the same category
Terrain, Water & Climate 6
IndicatorValueYearWorld position
Renewable fresh water per person445,023 m³/inh.2022 1 of 181
Average annual rainfall1,940 mm2022 37 of 180
Lowest point0 m2026 39 of 228
Average elevation557 m2026 64 of 166
Highest point2,110 m2026 115 of 229
Population living less than 5 m above sea level11.3 %2015 176 of 212
Land & Nature 4
IndicatorValueYearWorld position
Protected land areas20.9 %2025 85 of 210
Agricultural land16.2 %2024 159 of 207
Arable land1.2 %2024 178 of 204
Forest cover0.6 %2024 199 of 210
Democracy & Elections 13
IndicatorValueYearWorld position
Share of adults with the right to vote100 %2025 1 of 173
Core civil society index0.962025 4 of 173
Minimum voting age18 yrs2026 12 of 222
Egalitarian democracy index0.732025 15 of 173
Participatory democracy index0.572025 22 of 173
Liberal democracy index0.722025 25 of 173
Electoral democracy index0.812025 26 of 173
Free and fair elections index0.932025 29 of 173
Civil society participation index0.872025 29 of 173
Head of the executive chosen through multiparty electionsExecutive from multiparty elections2025141 countries out of 173 in the same category
Multiparty legislative electionsMultiparty legislative elections2025158 countries out of 167 in the same category
Multiparty national electionsMultiparty elections2025148 countries out of 167 in the same category
Political regimeLiberal democracy202531 countries out of 173 in the same category
Civil Liberties & Human Rights 9
Governance & Rule of Law 11
IndicatorValueYearWorld position
Absence of corruption in the judiciary3.432025 3 of 173
Political corruption index0.012025 5 of 173
Rule of law index (V-Dem)0.982025 10 of 173
Corruption Perceptions Index77 pts2024 10 of 179
Control of corruption (WGI)1.822025 11 of 205
Judicial constraints on the executive index0.962025 11 of 173
Rule of law (WGI)1.612025 12 of 205
Political stability and absence of violence (WGI)1.322025 13 of 205
Government effectiveness (WGI)1.552025 16 of 203
Voice and accountability (WGI)1.362025 16 of 203
Regulatory quality (WGI)1.072025 30 of 203
Women's rights 16
IndicatorValueYearWorld position
Share of women among ministers50 %2025 7 of 192
Share of women in parliament46 %2025 9 of 192
Year women gained the right to vote1,9152025 184 of 189
Paid maternity leave98 days or more of paid leave2025121 countries out of 186 in the same category
Paid paternity leave14 days or more of paid leave202560 countries out of 186 in the same category
Women's right to voteRight to vote granted to all women2025189 countries out of 194 in the same category
Women's right to take a job without permissionSame right as men2025168 countries out of 186 in the same category
Women's right to travel abroadSame right as men2025171 countries out of 186 in the same category
Equal inheritance between sons and daughtersEqual rights for sons and daughters2025146 countries out of 186 in the same category
Equal pay for work of equal valueWritten into law202598 countries out of 186 in the same category
Equal property ownership rightsEqual rights for men and women2025165 countries out of 186 in the same category
Ban on gender discrimination in employmentDiscrimination prohibited by law2025157 countries out of 186 in the same category
Femicide lawNo specific provision2025151 countries out of 186 in the same category
Law on sexual harassmentOne to three areas covered2025151 countries out of 186 in the same category
Law on domestic violenceLaw covering some forms of violence202538 countries out of 186 in the same category
Legal quota for women on company boardsMandatory quota of 40% or more202514 countries out of 186 in the same category
Women's Legal Equality (Indices) 11
LGBTQ+ rights 17
IndicatorValueYearWorld position
LGBT rights index (composite policy index)15.1 pts2025 19 of 194
Joint adoption by a same-sex coupleAllowed202538 countries out of 194 in the same category
Age of sexual consent: same-sex couplesSame as for different-sex couples2025120 countries out of 194 in the same category
Legal change of gender markerPossible by simple declaration202522 countries out of 194 in the same category
Anti-LGBT hate crimes: aggravating circumstanceSexual orientation and gender identity covered202546 countries out of 194 in the same category
Ban on incitement to anti-LGBT hatredProhibited202552 countries out of 194 in the same category
Ban on non-consensual surgeries on intersex childrenBanned by national law202511 countries out of 194 in the same category
Ban on conversion therapiesBanned by national law202522 countries out of 194 in the same category
Laws limiting public LGBT expression (“propaganda”)No restrictions2025149 countries out of 194 in the same category
Same-sex marriage and civil unionLegal marriage202538 countries out of 194 in the same category
Death penalty for same-sex relationsNo death penalty provided for2025185 countries out of 194 in the same category
Protection against employment discrimination (sexual orientation, gender identity)Sexual orientation and gender identity protected202552 countries out of 194 in the same category
Protection from discrimination in goods and services (LGBT)Sexual orientation and gender identity protected202544 countries out of 194 in the same category
Protection of sexual orientation and gender identity in the constitutionNot mentioned2025180 countries out of 194 in the same category
Legal recognition of a third genderLegally recognized202519 countries out of 194 in the same category
Same-sex sexual relationsLegal2025130 countries out of 194 in the same category
Gender-affirming care: coverage and restrictionsCovered for adults and minors202517 countries out of 194 in the same category
Justice and security 7
IndicatorValueYearWorld position
Homicide rate1.3 per 100,0002023 59 of 192
United Nations Convention against TortureState party2026171 countries out of 202 in the same category
International Covenant on Civil and Political Rights (ICCPR)State party2026172 countries out of 202 in the same category
Rome Statute of the International Criminal CourtState party2026117 countries out of 202 in the same category
Legal status of the death penaltyAbolished for all crimes2026112 countries out of 195 in the same category
Legal status of cannabis (medical use)Prohibited2026126 countries out of 180 in the same category
Legal status of cannabis (recreational use)Prohibited2026144 countries out of 194 in the same category
Health and reproductive rights 5
IndicatorValueYearWorld position
Abortion on request: maximum legal time limit22 wks2026 4 of 61
Maternal mortality3 per 100,0002023 6 of 192
Adolescent birth rate3.1 per 1,0002024 19 of 213
Births attended by skilled health personnel97.4 %2020 114 of 204
Abortion: grounds allowed by lawAllowed on request (within a time limit set by law)202667 countries out of 191 in the same category
Work and social rights 8
Family & Nationality 8
IndicatorValueYearWorld position
Age of civil majority18 yrs2026 21 of 187
Dual nationalityDual nationality recognised202678 countries out of 191 in the same category
Women's right to be head of householdSame right as men2025157 countries out of 186 in the same category
Women's right to divorceSame right as men2025142 countries out of 186 in the same category
Legal framework on child marriageAt least one condition is missing2025141 countries out of 186 in the same category
Nationality acquired by birth on the territoryNot acquired automatically by birth in the country2026154 countries out of 192 in the same category
Wife's legal duty of obedience to her husbandNo duty of obedience in the law2025168 countries out of 186 in the same category
Legal status of polygamyNot recognized (prohibited)2026107 countries out of 167 in the same category
Civic duties 3
IndicatorValueYearWorld position
Age of entry into primary school6 yrs2025 33 of 207
Duration of compulsory schooling10 yrs2025 80 of 194
Compulsory votingVoluntary voting2026199 countries out of 226 in the same category

Frequently asked questions

How many people live in Iceland?

Iceland has about 392,404 inhabitants (2025), ranking 174 worldwide out of 213 countries.

What is the GDP per capita of Iceland?

GDP per capita is $98,323 /inh. (2025): Iceland ranks 9 out of 211 countries.

What is the inflation rate in Iceland?

Annual inflation is 4.1 % (2025); Iceland ranks 136 out of 191 (ranked from lowest to highest).

What is the unemployment rate in Iceland?

The unemployment rate is 3.6 % (2025); Iceland ranks 62 out of 184 (ranked from lowest to highest).

Where does Iceland stand in its region (Europe)?

GDP per capita: Iceland has $98,323 /inh., above the regional median (Europe: $38,002 /inh.).

Where do the figures on Iceland come from?

The data comes from public sources (World Bank, CIA World Factbook…), cited on each indicator page, with the year of each value.

Rank is the position in the world ranking for each indicator (the ranking direction is given on the indicator's page). Sources and update dates are on each indicator's page.