Iceland in figures

A profile of Iceland from official statistics: 23 figures in 5 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People

Population in Iceland was 394,324 in 2026, up 1.3% from 2025.

Population394,3242026Up 1.3% from 2025
Population growth rate0.95%2023Down 1.56 percentage points from 2022The 103rd lowest of 215 countries
Median age, July 1 estimate35.81 years2023, estimatedUp 0.06 years from 2022The 93rd highest of 236 countries
Population aged 65 and over15.3%2023Up 0.2 percentage points from 2022
Population density3.8 inhabitants per km²2024Up 0.2% from 2023
Net migration4,6302023Compared with 6,535 in 2022
275K300K325K350K375K400K20022006201020142018202220262002: 286,575 persons2003: 288,471 persons2004: 290,570 persons2005: 293,577 persons2006: 299,891 persons2007: 307,672 persons2008: 315,459 persons2009: 319,368 persons2010: 317,630 persons2011: 311,841 persons2012: 313,182 persons2013: 315,810 persons2014: 319,718 persons2015: 323,024 persons2016: 326,036 persons2017: 332,507 persons2018: 342,183 persons2019: 349,468 persons2020: 354,042 persons2021: 358,298 persons2022: 364,917 persons2023: 375,218 persons2024: 383,726 persons2025: 389,444 persons2026: 394,324 persons
Population, 2002 to 2026. persons. Source: Statistics Iceland (Hagstofa Íslands), Statistics Iceland, table MAN00101: population by sex and age on 1 January, both sexes, all ages.

Sources: Statistics Iceland (Hagstofa Íslands), Statistics Iceland, table MAN00101: population by sex and age on 1 January, both sexes, all ages; World Bank, Population growth, annual % (SP.POP.GROW); United Nations, Department of Economic and Social Affairs, Population Division, World Population Prospects 2024, Online Edition. Median age on 1 July, modelled estimates 1950 to 2023; projections excluded; World Bank, Population ages 65 and above, % of total population (SP.POP.65UP.TO.ZS); World Bank, Population density, people per km² of land area (EN.POP.DNST); World Bank, Net migration (SM.POP.NETM). Population and demography statistics and rankings

Work and income

Unemployment rate in Iceland was 6.8% in August 2026, up 1 percentage point from August 2025.

Unemployment rate6.8%August 2026Up 1 percentage point from August 2025
Gini index (World Bank, income or consumption)26.82019Up 0.2 points from 2018
23456782021-082022-052023-022023-112024-082025-052026-082021-08: 5.7 %2021-09: 3.4 %2021-10: 5.8 %2021-11: 3.9 %2021-12: 4.4 %2022-01: 3.4 %2022-02: 4 %2022-03: 4.2 %2022-04: 2.9 %2022-05: 4 %2022-06: 4.2 %2022-07: 4.7 %2022-08: 4.2 %2022-09: 3.6 %2022-10: 3 %2022-11: 4.5 %2022-12: 3 %2023-01: 3.1 %2023-02: 4.7 %2023-03: 2.8 %2023-04: 2.3 %2023-05: 3.8 %2023-06: 2.9 %2023-07: 4.5 %2023-08: 3.6 %2023-09: 3.8 %2023-10: 3.3 %2023-11: 3.4 %2023-12: 3.5 %2024-01: 4.3 %2024-02: 3.4 %2024-03: 4.1 %2024-04: 3.4 %2024-05: 2.7 %2024-06: 3 %2024-07: 2.6 %2024-08: 3.2 %2024-09: 5 %2024-10: 3.3 %2024-11: 3.3 %2024-12: 3.6 %2025-01: 5 %2025-02: 5.1 %2025-03: 3.5 %2025-04: 3.3 %2025-05: 3.3 %2025-06: 2.7 %2025-07: 4.3 %2025-08: 5.8 %2025-09: 3.8 %2025-10: 4.7 %2025-11: 7 %2025-12: 4.5 %2026-01: 7.3 %2026-02: 6.9 %2026-03: 6.2 %2026-04: 5.7 %2026-05: 6.1 %2026-06: 4.8 %2026-07: 6.6 %2026-08: 6.8 %
Unemployment rate, August 2021 to August 2026. %. Source: Statistics Iceland (Hagstofa Íslands), Statistics Iceland, table VIN00002: Labour Force Survey, unemployment rate, seasonally adjusted, ages 16 to 74.

Sources: Statistics Iceland (Hagstofa Íslands), Statistics Iceland, table VIN00002: Labour Force Survey, unemployment rate, seasonally adjusted, ages 16 to 74; World Bank, Employment to population ratio, 15+, total, %, modeled ILO estimate (SL.EMP.TOTL.SP.ZS); World Bank, Labor force participation rate, total, % of total population ages 15+, modeled ILO estimate (SL.TLF.CACT.ZS); World Bank, Gini index (SI.POV.GINI). Labor market statistics and rankings

Economy

GDP (US dollars) in Iceland was $38.58 billion in 2025, up 16.3% from 2024, and the 92nd lowest of 199 countries in 2024.

Real GDP growth1.3%2025Up 2.6 percentage points from 2024The 12th lowest of 199 countries in 2024
GDP per capita, PPP (international dollars)83,431 international $2025Down 0.2% from 2024
General government gross debt, national accounts89.8% of GDP2024Down 3.6 percentage points from 2023
Trade as a share of GDP82.5%2025Down 3.7 percentage points from 2024
010K20K30K40K20012005200920132017202120252001: 8,323.4 USD million2002: 9,416.2 USD million2003: 11,564.7 USD million2004: 13,963.9 USD million2005: 17,146.4 USD million2006: 17,671.6 USD million2007: 21,960.1 USD million2008: 18,247.9 USD million2009: 13,212.5 USD million2010: 13,922.7 USD million2011: 15,394 USD million2012: 14,943.8 USD million2013: 16,244.3 USD million2014: 18,052.2 USD million2015: 17,700.5 USD million2016: 21,083.7 USD million2017: 25,060.1 USD million2018: 26,677.7 USD million2019: 24,985.7 USD million2020: 22,034.7 USD million2021: 26,234.9 USD million2022: 29,176.2 USD million2023: 31,702 USD million2024: 33,186.6 USD million2025: 38,582.5 USD million
Gross domestic product (GDP), US dollars, 2001 to 2025. USD million. Source: World Bank, GDP, current US$ (NY.GDP.MKTP.CD).

Sources: World Bank, GDP, current US$ (NY.GDP.MKTP.CD); World Bank, GDP per capita, current US$ (NY.GDP.PCAP.CD); World Bank, GDP growth, annual % (NY.GDP.MKTP.KD.ZG); World Bank, GDP per capita, PPP (current international $) (NY.GDP.PCAP.PP.CD); Organisation for Economic Co-operation and Development, OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4); World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Economy statistics and rankings

Business and tourism

International tourist arrivals in Iceland were 2.28 million in 2024, up 2% from 2023, and the lowest of 32 countries in 2023.

Tourism direct share of GDP8.7% of GDP2024Up 0.5 percentage points from 2023The 3rd highest of 27 countries in 2019
0500K1M1.5M2M2.5M2009201220152018202120242009: 493,940 count2010: 485,016 count2011: 565,611 count2012: 672,773 count2013: 807,349 count2014: 997,556 count2015: 1,289,139 count2016: 1,792,060 count2017: 2,224,603 count2018: 2,342,241 count2019: 2,013,190 count2020: 489,906 count2021: 698,070 count2022: 1,717,649 count2023: 2,235,360 count2024: 2,279,865 count
International tourist arrivals, 2009 to 2024. count. Source: Organisation for Economic Co-operation and Development, OECD Inbound tourism: arrivals of non-resident overnight visitors (tourists), tourism demand surveys and frontier statistics (DSD_TOURISM_INTER@DF_INBOUND).

Sources: Organisation for Economic Co-operation and Development, OECD Inbound tourism: arrivals of non-resident overnight visitors (tourists), tourism demand surveys and frontier statistics (DSD_TOURISM_INTER@DF_INBOUND); Organisation for Economic Co-operation and Development, OECD Key tourism economic indicators: tourism direct GDP, percentage of GDP (DSD_TOURISM_KEY@DF_KEY_IND_PC, GDP_SH). Companies statistics and rankings

Health

Life expectancy in Iceland was 82.46 years in 2023, up 0.34 years from 2022, and the 26th highest of 215 countries.

Life expectancy at birth82.46 years2023Up 0.34 years from 2022The 26th highest of 215 countries
Infant mortality rate2.1 per 1,000 live births2024Unchanged from 2023Tied for the 11th lowest of 195 countries
Adult obesity rate, age-standardized22.2%2024Up 0.3 percentage points from 2023The 95th lowest of 199 countries
Tobacco use, age-standardized9.7%2023Down 0.5 percentage points from 2022
Health spending, share of GDP9.2% of GDP2025, provisionalUp less than 0.1 percentage points from 2024
79808182838419992003200720112015201920231999: 79.35 years2000: 79.65 years2001: 80.69 years2002: 80.5 years2003: 80.96 years2004: 81 years2005: 81.5 years2006: 81.16 years2007: 81.45 years2008: 81.61 years2009: 81.75 years2010: 81.9 years2011: 82.36 years2012: 82.92 years2013: 82.06 years2014: 82.86 years2015: 82.47 years2016: 82.2 years2017: 82.66 years2018: 82.86 years2019: 83.16 years2020: 83.06 years2021: 83.17 years2022: 82.12 years2023: 82.46 years
Life expectancy at birth, 1999 to 2023. years. Source: World Bank, Life expectancy at birth, total, years (SP.DYN.LE00.IN).

Sources: World Bank, Life expectancy at birth, total, years (SP.DYN.LE00.IN); World Bank, Mortality rate, infant, per 1,000 live births (SP.DYN.IMRT.IN); World Health Organization, Age-standardized prevalence of obesity among adults (18+ years), both sexes (NCD_BMI_30A); World Health Organization, Age-standardized prevalence of tobacco use among persons 15 years and older (%), both sexes (M_Est_tob_curr_std); Organisation for Economic Co-operation and Development, OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). Health statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. Source: Statistics Iceland. Statistics Iceland, table MAN00101: population by sex and age on 1 January, both sexes, all ages. https://px.hagstofa.is/pxen/pxweb/en/Ibuar/Ibuar__mannfjoldi__1_yfirlit__yfirlit_mannfjolda/MAN00101.px/. Retrieved 2026-10-12. Licensed under CC BY 4.0. No changes made to source values.
  2. World Bank, World Development Indicators. Population growth, annual % (SP.POP.GROW). https://data.worldbank.org/indicator/SP.POP.GROW. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  3. United Nations, Department of Economic and Social Affairs, Population Division (2024). World Population Prospects 2024, Online Edition. Median age on 1 July, modelled estimates 1950 to 2023; projections excluded. Modelled estimate. https://population.un.org/wpp/assets/Excel%20Files/1_Indicator%20(Standard)/CSV_FILES/WPP2024_Demographic_Indicators_Medium.csv.gz. Retrieved 2026-10-10. CC BY 3.0 IGO.
  4. World Bank, World Development Indicators. Population ages 65 and above, % of total population (SP.POP.65UP.TO.ZS). https://data.worldbank.org/indicator/SP.POP.65UP.TO.ZS. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  5. World Bank, World Development Indicators. Population density, people per km² of land area (EN.POP.DNST). https://data.worldbank.org/indicator/EN.POP.DNST. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  6. World Bank, World Development Indicators. Net migration (SM.POP.NETM). https://data.worldbank.org/indicator/SM.POP.NETM. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  7. Source: Statistics Iceland. Statistics Iceland, table VIN00002: Labour Force Survey, unemployment rate, seasonally adjusted, ages 16 to 74. https://px.hagstofa.is/pxen/pxweb/en/Samfelag/Samfelag__vinnumarkadur__vinnumarkadsrannsokn__1_manadartolur/VIN00002.px/. Retrieved 2026-10-12. Licensed under CC BY 4.0. No changes made to source values.
  8. World Bank, World Development Indicators, modelled estimate. Employment to population ratio, 15+, total, %, modeled ILO estimate (SL.EMP.TOTL.SP.ZS). https://data.worldbank.org/indicator/SL.EMP.TOTL.SP.ZS. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  9. World Bank, World Development Indicators, modelled estimate. Labor force participation rate, total, % of total population ages 15+, modeled ILO estimate (SL.TLF.CACT.ZS). https://data.worldbank.org/indicator/SL.TLF.CACT.ZS. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  10. World Bank, World Development Indicators. Gini index (SI.POV.GINI). https://data.worldbank.org/indicator/SI.POV.GINI. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  11. World Bank, World Development Indicators. GDP, current US$ (NY.GDP.MKTP.CD). https://data.worldbank.org/indicator/NY.GDP.MKTP.CD. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  12. World Bank, World Development Indicators. GDP per capita, current US$ (NY.GDP.PCAP.CD). https://data.worldbank.org/indicator/NY.GDP.PCAP.CD. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  13. World Bank, World Development Indicators. GDP growth, annual % (NY.GDP.MKTP.KD.ZG). https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  14. World Bank, World Development Indicators. GDP per capita, PPP (current international $) (NY.GDP.PCAP.PP.CD). https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  15. OECD. OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html
  16. World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  17. OECD. OECD Inbound tourism: arrivals of non-resident overnight visitors (tourists), tourism demand surveys and frontier statistics (DSD_TOURISM_INTER@DF_INBOUND). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_TOURISM_INTER%40DF_INBOUND&df[ag]=OECD.CFE.TOU. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html
  18. OECD. OECD Key tourism economic indicators: tourism direct GDP, percentage of GDP (DSD_TOURISM_KEY@DF_KEY_IND_PC, GDP_SH). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_TOURISM_KEY%40DF_KEY_IND_PC&df[ag]=OECD.CFE.TOU. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html
  19. World Bank, World Development Indicators. Life expectancy at birth, total, years (SP.DYN.LE00.IN). https://data.worldbank.org/indicator/SP.DYN.LE00.IN. Retrieved 2026-10-09. Licensed under CC BY 4.0.
  20. World Bank, World Development Indicators, modelled estimate. Mortality rate, infant, per 1,000 live births (SP.DYN.IMRT.IN). https://data.worldbank.org/indicator/SP.DYN.IMRT.IN. Retrieved 2026-10-11. Licensed under CC BY 4.0.
  21. World Health Organization, data.who.int. Age-standardized prevalence of obesity among adults (18+ years), both sexes (NCD_BMI_30A) [Indicator]. https://data.who.int/indicators/i/C6262EC/BEFA58B (Accessed on 2026-10-12). Licensed under CC BY 4.0. No changes made to source values. WHO does not endorse Invokely or this use of the data.
  22. World Health Organization, data.who.int. Age-standardized prevalence of tobacco use among persons 15 years and older (%), both sexes (M_Est_tob_curr_std) [Indicator]. https://data.who.int/indicators/i/847662C/75DDA77 (Accessed on 2026-10-12). Licensed under CC BY 4.0. No changes made to source values. WHO does not endorse Invokely or this use of the data.
  23. OECD. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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