Iceland
Country statistics · 1990–present
Iceland at a Glance
Iceland is home to 386,506 people as of 2024, with a population that is growing steadily. At a GDP per capita of $118,926, it is a high-income economy — placing it among the wealthiest nations per person. Life expectancy at birth stands at 82.8 years, above the global average.
Population Trends
The total resident population stood at 386,506 as of 2024. With a birth rate of 11.2 and a death rate of 6.8 per 1,000 people (2024), the natural growth rate stands at 4.4 per 1,000 — equivalent to roughly 2,000 additional residents each year from natural change alone.
Economy & Development
Iceland is a smaller economy, with a total GDP that is projected at $50 billion (2029 IMF projection). At $118,926 per person, it is classified as a high-income economy — placing it among the wealthiest nations per person. Real GDP growth is projected at 2.4% in 2029, representing modest growth. The unemployment rate is projected at 4.0% (2029 IMF projection), indicating a relatively tight labour market.
Health & Society
Life expectancy at birth is 82.8 years (2024), above the global average. Current health expenditure per person is $7,642 (2024), representing a high level of healthcare investment per person. 98.2% of the population use the internet (2024), indicating near-universal internet access. Access to safe drinking water reaches 100.0% of the population (2024), representing near-universal access to safe drinking water.