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Iceland
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Iceland review: 56 facts and highlights
Uniquely nestled on the Mid-Atlantic Ridge, Iceland is the only country where the continental drift between the North American and Eurasian Plates can be observed on land. The resultant rugged terrain, marked by volcanoes, geysers, glaciers, and thermal hot springs, punctuates the island nation's distinctiveness.
An interesting aspect of Iceland is its sparse population. With only 0.36 million inhabitants, it's one of the least populated countries in the world. This is reflected in its population density, which stands at just 3.4 people per km².
Iceland's geography influences its economy profoundly. The abundance of geothermal and hydroelectric power has led to the growth of energy-intensive industries such as aluminium smelting. Moreover, Iceland's fishing industry is a vital part of its economy, contributing significantly to both employment and exports.
Politically, Iceland is a democratic republic with a multi-party system. The political landscape is notably stable and is characterized by a high level of civic participation. Iceland consistently ranks high in measurements of quality of life, including health, education, and economic stability. Notably, the country has an unemployment rate of just 2.8%, lower than many other developed nations.
Iceland
How does Iceland compare to the average?
- Education expenditures?
7.7% of GDPvs4.52% of GDP - GDP per capita?
53 600.00$vs19 358.23$ - Population density?
3.4 people/km²vs151.3 people/km² - Overall life expectancy at birth?
83.1 yearsvs72.46 years - Unemployment rate?
2.8%vs9.51% - Public debt?
40% of GDPvs54.51% of GDP - Inflation rate?
8.3%vs9.29% - Hospital beds per 1,000 inhabitants?
3.4vs2.91
Which are the most popular comparisons?
User reviews
Overall rating
Features
Safety
10.0/10
1 votes
Food and drink
5.0/10
1 votes
Natural beauty
10.0/10
1 votes
Low pollution
10.0/10
1 votes
Infrastructure
10.0/10
1 votes
Geography
total surface
103 000 km²
It can be nice to live in big cities or countries, as a larger space may offer more options for residents and visitors.
forests
2%
The percentage of land covered by forests. Forests have a key role in removing pollutants and cleansing the air.
agricultural land
18.7%
The percentage of land dedicated to agricultural use, including arable land, permanent crops, and permanent pasture.
coastline
4 970 km
The total length of the border between the land area and the sea, including the country’s islands.
total land area
100 250 km²
The country’s total land area (excluding inland and sea waters). To get a better idea of how large the country is, you can compare it with a soccer field, which has 0.007km².
total water area
2 750 km²
The country’s total water area, summing up all inland waters: lakes, rivers, reservoirs, wetlands, etc.
average temperature
Unknown. Help us by suggesting a value.
Source: Wikipedia, 2024; WMO, 2024.
average maximum temperature
Unknown. Help us by suggesting a value.
Source: Wikipedia, 2024; WMO, 2024.
average minimum temperature
Unknown. Help us by suggesting a value.
Source: Wikipedia, 2024; WMO, 2024.
Demographics
population
0.36 million
Populous cities or countries usually offer better employment opportunities because of their large economies. Big cities attract companies and business investment, and are usually important cultural centers and research hubs. Source: Wikipedia, 2024.
population density
3.4 people/km²
Population density shows how cramped or spread out inhabitants are. Cities or countries with high population densities can be considered overpopulated, which can be a problem if the infrastructure is underdeveloped. Source: Wikipedia, 2024.
The average population growth rate reflects the annual increase or decrease in population. Currently, the world’s population is growing at a rate of approximately 1.07% per year. The higher the growth, the more dynamic society feels. Source: Wikipedia, 2024.
female population
Unknown. Help us by suggesting a value.
The percentage of female residents, according to the city's official statistics. Source: Wikipedia, 2024; UNData, 2024.
male population
Unknown. Help us by suggesting a value.
The percentage of male residents, according to the city's official statistics. Source: Wikipedia, 2024; UNData, 2024.
overall life expectancy at birth
83.1 years
The average life expectancy at birth is the number of years that the population of a country is expected to live. This metric reflects the overall quality of life.
life expectancy at birth for females
85.5 years
The average life expectancy at birth for the country’s female population.
life expectancy at birth for males
80.9 years
The average life expectancy at birth for the country’s male population.
death rate
6.5/1000
The death rate, also called crude death rate, represents the number of annual deaths per 1,000 people at midyear.
Economy
GDP per capita
53 600.00$
The GDP per capita is calculated by dividing the total GDP by the number of people living in the country. A higher GDP per capita indicates a superior standard of living.
The real GDP growth rate represents the year-over-year GDP growth, calculated by taking into account the price fluctuations caused by inflation.
Gini Index
26.1
The Gini Index represents a statistical measure used to assess income inequality within a country. It quantifies the distribution of income or wealth among the population, with a higher Gini Index indicating a greater level of inequality, while a lower index suggests a more equitable distribution. Source: The World Bank, 2024
The Index of Economic Freedom measures the degree to which a country's economic policies and institutions promote free markets, open trade, and entrepreneurial activity. It assesses factors such as property rights protection, business regulations, fiscal health, and government intervention in the economy. Source: The Heritage Foundation 2024
public debt
40% of GDP
Also known as government debt or national debt, public debt refers to the sum of all government borrowings owed to lenders within the country.
inflation rate
8.3%
The inflation rate represents the annual price increase for goods and services, indicating a decrease in the purchasing power of a country’s currency.
population below the poverty line
Unknown. Help us by suggesting a value.
The percentage of the country’s population living below the poverty line, as reported by official statistics.
Low unemployment rate indicates better career opportunities and economic growth. Source: Wikipedia, 2024; city's official stats, 2024.
education expenditures
7.7% of GDP
The total amount of public expenditure on education. Public spending on education includes direct expenditure on schools, universities, and other types of educational institutions, as well as educational-related public subsidies.
Quality of living
The World Happiness Report showcases a country's ranking and evaluation based on factors such as life satisfaction, well-being, social support, income, and overall happiness of its population. This provides valuable insights into the subjective well-being and quality of life within a country, offering a comprehensive understanding of the factors that contribute to the happiness and contentment of its residents. Source: World Happiness Report, 2024
The Corruption Perceptions Index (CPI) is an indicator of public sector corruption, measured on a scale from zero (highly corrupt) to 100 (very clean). Source: Transparency International.
Countries or cities with a higher number of hospital beds per 1,000 inhabitants usually have well-developed health care systems. Source: Wikipedia, 2024
Low level of air pollution has a good influence on people’s health and quality of living. Source: Wikipedia, 2024.
The adult literacy rate represents the percentage of population aged 25 or over in a country who possess basic literacy skills, enabling them to read, write, and comprehend information effectively. It serves as a key indicator of educational attainment and the level of literacy within a population. Source: UNESCO Institute for Statistics 2024
adult obesity rate
21.9%
The percentage of adults considered obese. An obese adult has a Body Mass Index (BMI) equal to or greater than 30. Obesity is a public health problem and increases the risk of chronic diseases.
has public health care
✖Iceland
Public health care is more affordable for an average citizen and usually guaranteed for everyone. Source: city's official website, 2024.
The percentage of the country’s population with access to improved drinking water sources, such as piped water or protected wells.
physicians per 1,000 people
3.97/1000
The number of physicians (generalist and specialist medical doctors) per 1,000 people. According to the World Health Organization, there should be more than 2.3 health workers per 1,000 people in order to cover the primary healthcare needs.
Infrastructure
The percentage of the country’s population using the internet.
The share of the population with access to electricity, in both rural and urban environments.
railway network
Unknown. Help us by suggesting a value.
The total length of the country’s railway network.
The presence and number of airports shows how good is connection of city with different international destinations and its international accessibility. Source: Wikipedia, 2024.
roadways
12 898 km
The total length of the country’s paved and unpaved roads.
inland waterways
Unknown. Help us by suggesting a value.
The total length of the navigable inland bodies of water.
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Comments
Роман
1 year ago
9 / 10
Iceland is the most polished and clean country in Europe
Роман
1 year ago
9 / 10
There are many pros in Iceland. Iceland has a stable climate, cool roads, and winding routes. Iceland is arguably one of the safest countries in the world, if not the safest. It's also a nation of vikings and preserved humor. Iceland itself is a peaceful country, quite charming and tidy. Icelanders have a great respect for the cultural values that have been preserved within them.
Pros
Cons
Alya
28 days ago
10 / 10
The most beautiful country in the world
Alya
28 days ago
10 / 10
Icelnad is the best country to live in
Pros
Cons