Iceland
ISLEurope & Central AsiaHigh incomeCapital: ReykjavikEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
70/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$43.80B
2026▲ 13.5%
Population
386,506
2024▲ 0.2%
GDP per Capita
$110,048
2026▲ 11.1%
Life Expectancy
82.6 years
2023▲ 0.6%
Iceland in world space2000–2023
192 countries · log scale on X world Iceland· trajectory line: 1980 → today
▶About Iceland
Iceland's GDP is $43.80B (2026), with a population of 392,404, and GDP per capita of $110,048. Key indicators include real GDP growth of 1.9%, inflation at 4.8%, unemployment at 4.2%, government debt at 53.6% of GDP, life expectancy of 82.8 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
▶Economy30 indicators · 2021–2026 · IMF / WB
▶Financial Markets2 indicators · 2025–2026 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Exchange Rate (per USD) | 122.84 | 2026 | — | WB |
| Exchange Rate (per EUR) | 144.66 | 2025 | ▼ 3.1% | WB |
▶Fiscal & Monetary21 indicators · 2023–2026 · IMF / WB
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 86.0% | 2024 | ▼ 1.6% | WB |
| Exports of Goods & Services (% of GDP) | 42.5% | 2024 | ▼ 3.8% | WB |
| Imports of Goods & Services (% of GDP) | 43.5% | 2024 | ▲ 0.6% | WB |
| Exports of Goods & Services (USD) | $14.12B | 2024 | ▲ 1.0% | WB |
| Imports of Goods & Services (USD) | $14.47B | 2024 | ▲ 5.6% | WB |
| Merchandise Exports (USD) | $6.94B | 2024 | ▲ 2.2% | WB |
| Merchandise Imports (USD) | $9.81B | 2024 | ▲ 3.7% | WB |
| FDI Inflows (% of GDP) | 8.1% | 2024 | ▲ 36.3% | WB |
| FDI Outflows (% of GDP) | 1.4% | 2024 | ▲ 26.7% | WB |
| FDI Net Inflows (USD) | $2.70B | 2024 | ▲ 43.1% | WB |
| Personal Remittances Received (USD) | $246.1M | 2024 | ▲ 11.4% | WB |
| Personal Remittances Received (% of GDP) | 0.7% | 2024 | ▲ 6.1% | WB |
| High-Tech Exports (% of manufactured) | 54.0% | 2024 | ▲ 24.3% | WB |
| Current Account Balance (% of GDP) | -2.6% | 2024 | ▼ 159.8% | WB |
| Current Account Balance (USD) | $-867.0M | 2024 | ▼ 172.7% | WB |
▶Finance7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 90.9% | 2024 | ▲ 2.9% | WB |
| Bank Capital to Assets Ratio (%) | 13.7% | 2023 | ▲ 1.7% | WB |
| Bank Nonperforming Loans (%) | 1.6% | 2023 | ▲ 12.8% | WB |
| Account Ownership at Financial Institution (%) | 99.9% | 2024 | ▼ 0.1% | WB |
| Account Ownership, Female (%) | 99.7% | 2024 | ▼ 0.3% | WB |
| Account Ownership, Male (%) | 100.0% | 2024 | ▲ 0.0% | WB |
| Firms Using Banks to Finance Investment (%) | 35.0% | 2024 | — | WB |
▶Business Environment1 indicator · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 49 | 2024 | — | WB |
▶Private Sector6 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 0.9% | 2024 | — | WB |
| Firms with Female Top Manager (%) | 58.8% | 2024 | — | WB |
| Firms with Female Participation in Ownership (%) | 17.1% | 2024 | — | WB |
| Firms Offering Training (%) | 47.7% | 2024 | — | WB |
| Average Firm Age (years) | 43 years | 2024 | — | WB |
| Firms Using Computers (%) | 35.4% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 386,506 | 2024 | ▲ 0.2% | WB |
| Population Growth (%) | 0.2% | 2024 | ▼ 77.1% | WB |
| Population Density (per km²) | 4 | 2023 | ▲ 1.0% | WB |
| Surface Area (sq km) | 103,000 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 100,830 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 94.2% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 364,019 | 2024 | ▲ 0.3% | WB |
| Rural Population (%) | 5.8% | 2024 | ▼ 0.5% | WB |
| Life Expectancy at Birth | 82.6 years | 2023 | ▲ 0.6% | WB |
| Life Expectancy, Male | 80.9 years | 2023 | ▲ 0.0% | WB |
| Life Expectancy, Female | 84.4 years | 2023 | ▲ 1.2% | WB |
| Fertility Rate (births per woman) | 1.6 | 2023 | ▲ 0.1% | WB |
| Birth Rate (per 1,000) | 11 | 2023 | ▼ 4.3% | WB |
| Death Rate (per 1,000) | 6.6 | 2023 | ▼ 5.7% | WB |
| Net Migration | 2,709 | 2025 | ▼ 23.5% | WB |
| Population Ages 0–14 (%) | 17.8% | 2024 | ▼ 1.6% | WB |
| Population Ages 15–64 (%) | 66.6% | 2024 | ▼ 0.0% | WB |
| Population Ages 65+ (%) | 15.6% | 2024 | ▲ 1.9% | WB |
| Age Dependency Ratio (%) | 50.2% | 2024 | ▲ 0.0% | WB |
| Old-Age Dependency Ratio (%) | 23.5% | 2024 | ▲ 1.9% | WB |
| Youth Dependency Ratio (%) | 26.7% | 2024 | ▼ 1.6% | WB |
| Mortality Rate, Adult Male (per 1,000) | 76.5 | 2023 | ▲ 12.8% | WB |
| Mortality Rate, Adult Female (per 1,000) | 46.7 | 2023 | ▲ 13.2% | WB |
▶Labor20 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 242,507 | 2025 | ▲ 1.5% | WB |
| Labor Force Participation (%) | 74.9% | 2025 | ▼ 0.3% | WB |
| Female Labor Force Participation (%) | 70.0% | 2025 | ▼ 0.3% | WB |
| Male Labor Force Participation (%) | 79.6% | 2025 | ▼ 0.3% | WB |
| Unemployment (%) | 3.6% | 2025 | ▲ 0.7% | WB |
| Female Unemployment (%) | 3.4% | 2025 | ▲ 0.7% | WB |
| Male Unemployment (%) | 3.9% | 2025 | ▲ 0.7% | WB |
| Youth Unemployment (%) | 8.7% | 2025 | ▼ 1.2% | WB |
| Employment in Agriculture (%) | 3.6% | 2025 | ▼ 2.5% | WB |
| Employment in Industry (%) | 18.2% | 2025 | ▼ 0.9% | WB |
| Employment in Services (%) | 78.1% | 2025 | ▲ 0.3% | WB |
| Self-Employed (%) | 76.3% | 2024 | ▲ 1.6% | WB |
| Vulnerable Employment (%) | 8.4% | 2025 | ▼ 0.8% | WB |
| Wage & Salaried Workers (% of total) | 86.7% | 2025 | ▲ 0.0% | WB |
| Part-Time Employment (%) | 48.9% | 2024 | ▼ 2.3% | WB |
| Employers (% of total employment) | 4.9% | 2025 | ▲ 0.4% | WB |
| Labor Force, Female (% of total) | 45.6% | 2025 | ▼ 0.1% | WB |
| Employment to Population Ratio (%) | 72.2% | 2025 | ▼ 0.3% | WB |
| Self-Employed (% of total) | 13.3% | 2025 | ▼ 0.3% | WB |
| NEET Youth (% not in education/employment) | 4.0% | 2024 | ▼ 32.0% | WB |
▶Education15 indicators · 2015–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 7.3% | 2022 | ▼ 11.2% | WB |
| Education Spending (% of govt expenditure) | 15.7% | 2022 | ▼ 5.6% | WB |
| Primary School Enrollment (%) | 98.2% | 2023 | ▼ 0.3% | WB |
| Secondary School Enrollment (%) | 108.9% | 2023 | ▼ 3.3% | WB |
| Tertiary School Enrollment (%) | 76.5% | 2023 | ▼ 10.0% | WB |
| Primary Completion Rate (%) | 98.6% | 2023 | ▼ 0.3% | WB |
| Lower Secondary Completion Rate (%) | 97.8% | 2023 | ▲ 1.6% | WB |
| Out-of-School Children, Primary | 599 | 2023 | ▲ 19.1% | WB |
| Out-of-School Girls, Primary | 284 | 2023 | ▲ 10.5% | WB |
| Primary School Teachers | 3,568 | 2023 | ▲ 1.2% | WB |
| Pupil-Teacher Ratio, Primary | 10 | 2015 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 27.9% | 2016 | — | WB |
| Pupil-Teacher Ratio (Primary) | 98.9 | 2019 | — | WB |
| Education Spending, Secondary (% of govt) | 27.3% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 19.9% | 2016 | — | WB |
▶Health36 indicators · 2020–2025 · WHO
▶Energy & Environment15 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 8.5 | 2024 | ▲ 2.0% | WB |
| CO₂ Emissions (total kilotonnes) | 3 | 2024 | ▲ 2.3% | WB |
| Energy Use (kg oil eq. per capita) | 15,686 | 2023 | ▼ 0.8% | WB |
| Electric Power Consumption (kWh per capita) | 50,951 | 2023 | ▼ 0.6% | WB |
| Renewable Energy Consumption (%) | 82.4% | 2021 | — | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 5.1 | 2020 | — | WB |
| Forest Area (%) | 0.5% | 2023 | ▲ 1.2% | WB |
| Forest Area (sq km) | 533 | 2023 | ▲ 1.2% | WB |
| Arable Land (%) | 1.2% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 2.9% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.5% | 2024 | ▲ 25.0% | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 98.8% | 2024 | ▼ 0.0% | WHO |
▶Agriculture12 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 16.2% | 2023 | ▼ 12.5% | WB |
| Cereal Yield (kg per hectare) | 2,430 | 2023 | ▼ 18.1% | WB |
| Food Production Index (2014–2016=100) | 102.1 | 2022 | ▼ 1.7% | WB |
| Crop Production Index (2014–2016=100) | 117.6 | 2022 | ▲ 15.7% | WB |
| Livestock Production Index (2014–2016=100) | 101.3 | 2022 | ▼ 2.1% | WB |
| Land Under Cereal Production (hectares) | 3,160 | 2023 | ▲ 5.3% | WB |
| Total Fisheries Production (metric tonnes) | 1.4M | 2023 | ▼ 17.6% | WB |
| Fertilizer Consumption (kg per hectare) | 97.3 | 2023 | ▼ 22.8% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
| Agricultural Irrigated Land (%) | 0.0% | 2023 | ▲ 14.3% | WB |
| Annual Freshwater Withdrawals (% of internal) | 0.2% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 7,679 | 2023 | ▼ 13.7% | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 99.8% | 2023 | ▲ 0.0% | WB |
| Mobile Subscriptions (per 100 people) | 123 | 2023 | ▲ 2.7% | WB |
| Fixed Broadband Subscriptions (per 100) | 37.4 | 2023 | ▲ 0.0% | WB |
| Secure Internet Servers (per million) | 88,084 | 2024 | ▲ 1.1% | WB |
| R&D Spending (% of GDP) | 2.60% | 2022 | ▼ 6.4% | WB |
| Patent Applications, Residents | 34 | 2021 | ▼ 22.7% | WB |
| Patent Applications, Non-Residents | 2 | 2021 | — | WB |
| Scientific Journal Articles | 766 | 2022 | ▲ 1.9% | WB |
| High-Technology Exports (USD) | $689.3M | 2024 | ▲ 51.9% | WB |
| ICT Service Exports (% of service exports) | 7.5% | 2024 | ▼ 1.4% | WB |
| ICT Service Exports (USD) | $532.0M | 2024 | ▼ 2.0% | WB |
| Industrial Design Applications, Resident | 7 | 2021 | ▼ 12.5% | WB |
| Researchers in R&D (per million) | 6,864 | 2022 | ▼ 1.1% | WB |
▶Infrastructure6 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 4.3M | 2023 | ▲ 17.0% | WB |
| Air Transport, Freight (million ton-km) | 191.9 | 2023 | ▲ 30.2% | WB |
| Container Port Traffic (TEU) | 390,000 | 2021 | ▲ 21.9% | WB |
| Logistics Performance Index (1–5) | 3.60 | 2022 | — | WB |
| Electricity from Oil (%) | 0.0% | 2023 | ▲ 98.8% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 46.0% | 2024 | ▼ 3.3% | WB |
| Female Labor Force Participation, 15+ (%) | 71.3% | 2024 | ▲ 1.2% | WB |
| Female Wage & Salaried Workers (%) | 91.3% | 2025 | ▼ 0.0% | WB |
| Girls Out-of-School Rate (%) | 102.5% | 2017 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 3.4 | 2023 | ▼ 4.2% | WB |
| Gender Parity Index, Primary | 101.65 | 2017 | — | WB |
| Gender Parity Index, Secondary | 0.96 | 2020 | — | WB |
| Gender Parity in Primary Education | 1.01 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 1.55 | 2023 | ▼ 1.0% | WB |
| Government Effectiveness | 1.56 | 2023 | ▼ 0.5% | WB |
| Political Stability | 1.21 | 2023 | ▼ 2.8% | WB |
| Regulatory Quality | 1.28 | 2023 | ▼ 1.7% | WB |
| Rule of Law | 1.72 | 2023 | ▲ 1.1% | WB |
| Voice & Accountability | 1.45 | 2023 | ▲ 1.3% | WB |
| Control of Corruption (percentile rank) | 92.0% | 2023 | ▲ 0.5% | WB |
| Government Effectiveness (percentile rank) | 93.4% | 2023 | ▼ 0.5% | WB |
| Rule of Law (percentile rank) | 96.7% | 2023 | ▲ 1.5% | WB |
| Political Stability (percentile rank) | 95.3% | 2023 | ▼ 0.0% | WB |
▶Military4 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Expenditure (USD) | $0 | 2024 | — | WB |
| Armed Forces Personnel | 0 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.0% | 2020 | — | WB |
| Intentional Homicides (per 100,000) | 1.3 | 2023 | ▲ 22.7% | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.75 | 2020 | — | WB |
| Human Capital Index, Female | 0.77 | 2020 | — | WB |
| Human Capital Index, Male | 0.72 | 2020 | — | WB |
| Learning-Adjusted Years of School | 10.7 years | 2020 | — | WB |
▶Tourism2 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 488,000 | 2020 | — | WB |
| International Tourism, Departures | 130,000 | 2020 | — | WB |
▶Urban Development4 indicators · 2022–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 0.3% | 2024 | ▼ 72.9% | WB |
| Population in Slums (% of urban) | 0.0% | 2022 | — | WB |
| Rural Population Growth (%) | -0.3% | 2024 | ▼ 121.1% | WB |
| Access to Safely Managed Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
