At a glance
Twelve headline indicators, latest available year.
What changed in Iceland
Statistically notable movements in the latest data.
- Record high2025MajorGDP reached a record high of US$ 38.6B in 2025 (series since 1960).
- Record high2025MajorGDP per capita reached a record high of US$ 98,323 in 2025 (series since 1960).
- Record high2025MajorExports reached a record high of US$ 15.5B in 2025 (series since 1970).
- Record high2023MajorMedian age reached a record high of 35.8 years in 2023 (series since 1950).
- Record high2025MajorPopulation reached a record high of 392,404 people in 2025 (series since 1960).
- Reversal2025MajorGDP growth turned positive in 2025 (1.3 %, after -1.3 % in 2024).
Countries similar to Iceland
Nearest peers by standardised distance on the selected dimension.
Country DNA
Percentile rank among all countries on nine dimensions. Descriptive, not a score.
2025
Key facts
Computed from the data — no model-generated numbers.
GDP grew 2.8 % a year on average over 2014–2025.
GDP per capita rose from US$ 32,504 in 2000 to US$ 98,323 in 2025 (+202.5 % in current US dollars).
Iceland ranks 7th of 38 OECD members for GDP per capita (PPP), at intl $ 83,431 in 2025.
CO₂ emissions of 9.67 t per person are 3.2× the world median of 2.99 t (2024).
Within Europe & Central Asia, Iceland ranks 7th of 51 for GDP per capita (PPP) (intl $ 83,431, 2025).
Iceland's population grew 39.5 % between 2000 and 2025, from 281,205 people to 392,404 people.
Life expectancy gained 3.2 years since 2000, from 79.7 years to 82.8 years in 2024.
Central government debt fell from 148.8 % of GDP in 2010 to 80.1 % in 2023.
94.2 % of the population lived in urban areas in 2025, compared with 92.0 % in 2000.
The fertility rate fell from 2.08 births/woman in 2000 to 1.56 births/woman in 2024.
With a median age of 35.8 years, Iceland ranks 78th of 216 countries worldwide (2023).
Trade is worth 82.5 % of GDP (2025), above the world median of 79.5 %.
Life expectancy of 82.8 years ranks 15th of 58 in Europe & Central Asia (2024).
Unemployment of 3.6 % in 2025 is below the Europe & Central Asia median of 5.5 %.
98.2 % of people used the internet in 2024, up from 93.4 % in 2010.
Languages: Icelandic
Timeline
Records, reversals and turning points across the whole history.
- 2025
- Sharp risePopulation growth rose 1.30 points to 1.51 % in 2025.
- Sharp dropFDI inflows fell 9.1 points to -0.5 % in 2025.
- Sharp dropFDI outflows fell 3.1 points to -2.2 % in 2025.
- Sharp riseICT service exports (% of service exports) rose 3.1 points to 10.6 % in 2025.
- ReversalGDP growth turned positive in 2025 (1.3 %).
- Sharp dropManufactures exports (% of merchandise exports) fell 4.4 points to 14.0 % in 2025.
- ReversalReal house price growth (year on year) turned negative in 2025 (-0.5 %).
- Sharp riseOld-age dependency ratio rose 0.5 points to 24.0 % in 2025.
- Record highHousehold consumption per capita (constant 2015 US$) set a new high of US$ 31,408 in 2025, the first since 2007.
- 2024
- Sharp riseImmunization, measles (% of children ages 12–23 months) rose 6.0 points to 97.0 % in 2024.
- ReversalGDP growth turned negative in 2024 (-1.3 %).
- Sharp riseNominal house price index rose 25.4 to 257.0 in 2024.
- Sharp dropSelf-employed (% of total employment) fell 1.7 points to 13.3 % in 2024.
- Sharp dropVulnerable employment (% of total employment) fell 1.8 points to 8.5 % in 2024.
- Sharp riseRent price index rose 16.8 to 167.1 in 2024.
- Sharp dropWomen in parliament fell 1.6 points to 46.0 % in 2024.
- Sharp dropTrade balance fell US$ 645.7M to US$ -420.5M in 2024.
- Sharp dropCurrent account balance (US$) fell US$ 693.4M to US$ -1.1B in 2024.
- Sharp riseCO₂ emissions from coal rose 29.4 % to 0.9 Mt in 2024.
- Sharp riseMigrant stock rose 7.3 points to 25.1 % in 2024.
- ReversalTrade balance turned negative in 2024 (US$ -420.5M).
- ReversalGDP per capita growth turned negative in 2024 (-1.5 %).
- ReversalReal house price growth (year on year) turned positive in 2024 (3.7 %).
- Record lowAgriculture share fell to a new low of 3.5 % in 2024, the first since 2017.
- Record lowEmployment in agriculture (% of total employment) fell to a new low of 3.7 % in 2024, the first since 2017.
- Sharp dropElectricity consumption per capita fell 5.3 % to 48,424 kWh in 2024.
- 2023
Explore Iceland by topic
19 topics · 271 indicators with data.
- Economy26 with data · 27 indicators
- Government & public finance13 with data · 18 indicators
- Population & demographics23 with data · 23 indicators
- Employment & wages17 with data · 19 indicators
- Income & inequality10 with data · 10 indicators
- Housing8 with data · 12 indicators
- Health22 with data · 23 indicators
- Education14 with data · 16 indicators
- Trade21 with data · 21 indicators
- Energy26 with data · 26 indicators
- Climate15 with data · 16 indicators
- Environment9 with data · 10 indicators
- Infrastructure & transportation7 with data · 10 indicators
- Digital economy & Internet6 with data · 6 indicators
- Innovation, research & technology9 with data · 9 indicators
- Agriculture & natural resources20 with data · 20 indicators
- Tourism5 with data · 5 indicators
- Security & governance6 with data · 15 indicators
- Quality of life14 with data · 14 indicators