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NORTHERN EUROPE

Iceland

IS

Reykjavik · pop. 392K · Icelandic · Icelandic króna

Trajectories

economic momentum

$86.0K

Tripled since 2000. GDP per head in 2024, in current US dollars.

2024 · $86.0K

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
1990$26.3K
1991$27.7K+5.6%
1992$28.1K+1.2%
1993low$24.4K−13.1%
1994$24.9K+1.9%
1995$27.6K+10.9%
1996$28.6K+3.7%
1997$28.5K−0.4%
1998$31.5K+10.7%
1999$32.8K+4.2%
2000$32.5K−1.0%
2001$29.2K−10.1%
2002$32.7K+12.1%
2003$39.9K+22.0%
2004$47.8K+19.7%
2005$57.8K+20.9%
2006$58.2K+0.7%
2007$70.5K+21.2%
2008$57.5K−18.4%
2009$41.5K−27.8%
2010$43.8K+5.5%
2011$48.3K+10.2%
2012$46.6K−3.4%
2013$50.2K+7.7%
2014$55.1K+9.9%
2015$53.5K−3.0%
2016$62.9K+17.5%
2017$73.0K+16.1%
2018$75.6K+3.6%
2019$69.3K−8.4%
2020$60.1K−13.2%
2021$70.4K+17.1%
2022$76.4K+8.4%
2023$82.1K+7.6%
2024latest$86.0K+4.8%

prices

5.9%

A year’s rise in consumer prices, in 2024. The world’s median was 3.1%.

2024 · 5.9%

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
1990high15.5%
19916.8%−8.70 pts
19923.9%−2.86 pts
19934.0%+0.10 pts
1994low1.6%−2.49 pts
19951.7%+0.10 pts
19962.3%+0.61 pts
19971.8%−0.44 pts
19981.7%−0.16 pts
19993.2%+1.57 pts
20005.1%+1.90 pts
20016.4%+1.27 pts
20025.2%−1.21 pts
20032.1%−3.14 pts
20043.2%+1.10 pts
20054.0%+0.83 pts
20066.7%+2.70 pts
20075.1%−1.64 pts
200812.7%+7.64 pts
200912.0%−0.69 pts
20105.4%−6.61 pts
20114.0%−1.40 pts
20125.2%+1.18 pts
20133.9%−1.31 pts
20142.0%−1.83 pts
20151.6%−0.41 pts
20161.7%+0.06 pts
20171.8%+0.06 pts
20182.7%+0.92 pts
20193.0%+0.33 pts
20202.8%−0.17 pts
20214.4%+1.60 pts
20228.3%+3.86 pts
20238.7%+0.43 pts
2024latest5.9%−2.88 pts

demographic curve

1.6 children per woman

Below replacement: shrinking in the long run unless migration offsets it.

2024 · 1.6

World Bank · thin line is the world’s median · rule marks replacement (2.1)
the numbers65
whenvaluechange
1960high4.3
19613.9−9.6%
19624.0+2.6%
19634.0+0.3%
19643.9−2.8%
19653.7−3.9%
19663.6−3.8%
19673.3−8.6%
19683.1−6.7%
19693.0−2.3%
19702.8−6.0%
19712.9+3.9%
19723.1+5.8%
19732.9−4.9%
19742.7−9.5%
19752.6−0.4%
19762.5−4.9%
19772.3−8.3%
19782.4+1.7%
19792.5+6.0%
19802.5−0.4%
19812.3−6.0%
19822.3−2.6%
19832.2−1.3%
19842.1−7.1%
19851.9−7.2%
19861.9−0.5%
19872.1+7.3%
19882.3+9.7%
19892.2−3.1%
19902.3+5.0%
19912.2−5.2%
19922.2+1.4%
19932.2+0.5%
19942.1−3.6%
19952.1−2.8%
19962.1+1.9%
19972.0−3.8%
19982.0+0.5%
19992.0−2.9%
20002.1+4.5%
20011.9−6.3%
20021.9−1.0%
20032.0+3.1%
20042.0+2.5%
20052.0+0.5%
20062.1+1.5%
20072.1+0.5%
20082.1+2.9%
20092.2+3.7%
20102.2−1.3%
20112.0−8.2%
20122.0+1.0%
20131.9−5.4%
20141.90.0%
20151.8−6.7%
20161.7−3.3%
20171.7−1.7%
20181.70.0%
20191.7+1.8%
20201.7−1.1%
20211.8+5.8%
20221.6−12.7%
2023low1.6−2.5%
2024latest1.6+0.6%

Metrics

  1. population
    392K
    170 of 176
    REST Countries · UN data
  2. gdp
    $32B
    105 of 170
    World Bank · latest available
  3. gdp per capita
    $82,139
    6 of 170
    World Bank · latest available
  4. military spending
    $0
    150 of 151
    SIPRI via World Bank
  5. area
    103K km²
    110 of 176
    REST Countries
  6. population density
    3.8 /km²
    166 of 176
    zuhd — derived from population and area
  7. life expectancy
    82.6 yr
    16 of 175
    World Bank · latest available
  8. internet access
    100%
    1 of 166
    ITU via World Bank
  9. co₂ per capita
    8.5 t
    20 of 163
    World Bank · Climate Watch
  10. urbanisation
    94%
    6 of 168
    World Bank · UN DESA
  11. fertility rate
    1.6
    110 of 168
    World Bank · UN DESA
  12. foreign-born share
    25%
    13 of 167
    World Bank · UN DESA
  13. remittances % of gdp
    0.7%
    108 of 155
    World Bank · IMF BOP
  14. r&d % of gdp
    2.6%
    14 of 123
    UNESCO UIS via World Bank
  15. researchers per million
    5,953
    11 of 118
    UNESCO UIS via World Bank
  16. scientific articles / yr
    766
    87 of 168
    NSF / World Bank
  17. high-tech exports %
    54%
    3 of 153
    World Bank · UN Comtrade
  18. gini inequality
    26.8
    12 of 139
    World Bank · PovcalNet
  19. youth unemployment
    9%
    52 of 166
    ILO via World Bank
  20. democracy (v-dem)
    0.72
    25 of 163
    V-Dem via Our World in Data
  21. clean government
    77
    10 of 164
    Transparency International via Our World in Data
  22. press freedom
    15.4
    16 of 163
    RSF via Our World in Data
  23. human development
    0.972
    1 of 164
    UNDP via Our World in Data
  24. refugees hosted
    7.9K
    95 of 150
    UNHCR via Our World in Data
  25. refugees produced
    0
    152 of 152
    UNHCR via Our World in Data