Iceland: key statistics
Europe & Central Asia · High income · capital Reykjavik
Iceland has a GDP of $33.3B and a GDP per capita of $86,041, with a population of about 386,506 (World Bank, latest available year). Life expectancy is 82.8 years. Among countries with data, Iceland ranks #109 of 214 by GDP, #11 of 214 by GDP per capita, #176 of 217 by population. Full indicator table, peer countries and head-to-head comparisons are below.
Source: World Bank Open Data. Data as of June 2026.
Iceland at a glance
| Indicator | Value | Year |
|---|---|---|
| GDP (current US$) | $33.3B | 2024 |
| GDP per capita (current US$) | $86,041 | 2024 |
| Population, total | 386,506 | 2024 |
| Population growth (annual %) | 0.2% | 2024 |
| GDP growth (annual %) | -1.0% | 2024 |
| Inflation, consumer prices (annual %) | 5.9% | 2024 |
| Unemployment, total (% of labour force, modelled ILO) | 3.6% | 2025 |
| Life expectancy at birth, total (years) | 82.8 | 2024 |
| Individuals using the Internet (% of population) | 98.2% | 2024 |
| Urban population (% of total) | 94.2% | 2024 |
| CO2 emissions per capita (tonnes) | 8.52 | 2024 |
Source: World Bank Open Data (CC BY 4.0). Data as of June 2026.
Each value is the most-recent year the World Bank reports for Iceland (the year column), so figures are not all from the same year. A dash (—) means no value is reported.
How Iceland ranks
- GDP: #109 of 214 ($33.3B)
- GDP per capita: #11 of 214 ($86,041)
- Population: #176 of 217 (386,506)
- Life expectancy: #26 of 217 (82.8 years)
Iceland vs its peers
The 6 countries in Europe & Central Asia with the closest GDP per capita to Iceland:
| Country | GDP per capita | Population | Life expectancy |
|---|---|---|---|
| Iceland (this country) | $86,041 | 386,506 | 82.8 |
| Norway | $86,785 | 5.6 million | 83.2 |
| Isle of Man | $88,329 | 84,160 | 81.1 |
| Channel Islands | $74,586 | 168,126 | 81.2 |
| Faroe Islands | $74,120 | 54,681 | 83.1 |
| Denmark | $71,026 | 6.0 million | 82.3 |
| Switzerland | $103,998 | 9.0 million | 84.4 |
See every country in this region on the Europe & Central Asia hub.
Compare Iceland head to head
Frequently asked questions
What is the GDP of Iceland?
Iceland's GDP is $33.3B (2024) in current US dollars (World Bank). GDP per capita is $86,041 (2024). That ranks Iceland #109 of 214 economies with reported GDP.
What is the population of Iceland?
Iceland has a population of about 386,506 (2024), per World Bank data. It is the #176 most populous of 217 countries.
What region and income group is Iceland in?
The World Bank places Iceland in the Europe & Central Asia region and classifies it as a high income economy. Its capital is Reykjavik.
How long do people live in Iceland?
Life expectancy at birth in Iceland is 82.8 years (2024, World Bank). That ranks #26 of 217.
Sources & notes
Data: World Bank Open Data, Indicators API (CC BY 4.0), retrieved June 2026. Values are each indicator's most-recent non-empty year for Iceland, so the reference year varies by indicator (shown in the table). Figures are nominal (current US$) unless noted; see our methodology. Browse all 217 countries.
Last updated: 2026-06-20