Iceland
Capital: Reykjavík
Population: 406,8571
Currency: Icelandic króna (ISK)
Iceland is an island country in the North Atlantic Ocean, located just south of the Arctic Circle. It is bordered by the Greenland Sea to the northwest, the Norwegian Sea to the north, and the Atlantic Ocean to the south. The capital and largest city is Reykjavík, which is also the northernmost capital of any sovereign state. Iceland is famous for its geothermal activity, including volcanoes, geysers, hot springs, and lava fields, as well as its glaciers, waterfalls, and unique landscapes. The country has a small population, but it is known for its high standard of living and sustainability in terms of energy use, with nearly 100% of its electricity coming from renewable sources (mostly geothermal and hydroelectric). Iceland’s economy is based on tourism, fishing, and renewable energy, with a growing tech sector. Iceland is a member of the European Economic Area (EEA), but not the European Union (EU).
Growth Rate
1.642
%
Fertility Rate
1.54
children born/woman
Crude Death Rate
6.739
per 1,000 people
Life Expectancy
82.7
years
Total Population in Iceland
This graph illustrates the total population of a country over time, while also depicting the sex ratio, which indicates the number of males per 100 females in the population.
Population Density
Population Growth Rate (%)
The population growth rate shows how fast a population is increasing or decreasing annually, influenced by birth rates, death rates, and migration in Iceland.
Life Expectancy (Years)
Life expectancy indicates the average number of years a person is expected to live.
Median Age (Years)
Median age represents the midpoint of a population’s age distribution, helping to assess whether a population is young, aging, or balanced.
Infant Mortality
Infant mortality rate measures the number of infant deaths per 1,000 live births.
Net migration in 2023 (per 1000 people)
11.947
(-5.234)
Net migration represents the difference between the number of people moving into a country and those leaving.
Fertility Rate
Fertility rate represents the average number of children a woman is expected to have in her lifetime
Births vs Deaths
This graph compares the number of births and deaths each year.
Crude Death Rate
Crude death rate measures the number of deaths per 1,000 people in a population per year.
Source
Data is sourced from The World Bank, the United Nations Population Division (World Population Prospects: 2024 Revision), and other collated datasets, including national statistical offices, Eurostat (Demographic Statistics), and the United Nations Statistics Division (Population and Vital Statistics Report, various years).
Note: The information in the KPI is from 2023; any data beyond this year is an estimate from the United Nations.
1Population figures for Iceland are based on data from the Statistics Iceland (Hagstofa Íslands). Source: Statistics Iceland.