What is Iceland's total GDP?

Total GDP for Iceland was $33.2B in 2024 (World Bank, current US$).

What is life expectancy in Iceland?

Life expectancy at birth in Iceland was 82.8 years in 2024 (World Bank).

What is the unemployment rate in Iceland?

Unemployment in Iceland was 3.6% of the labor force in 2024 (World Bank / ILO modeled estimate).

How much of Iceland's energy is renewable?

Renewable energy accounted for 82.4% of final energy consumption in Iceland in 2021 (World Bank).

Iceland

Europe · 2024

Iceland Overview & Key Indicators

Iceland is in the Europe region. Population is 386,506. Total GDP is $33.2B. GDP per capita is $85,863. Life expectancy is 82.8 years.

Population

386,506

World Bank World Development Indicators · SP.POP.TOTL · 2024

Total GDP

$33.2B

World Bank World Development Indicators · NY.GDP.MKTP.CD · 2024

GDP per Capita

$85,863

World Bank World Development Indicators · NY.GDP.PCAP.CD · 2024

Life Expectancy

82.8

World Bank World Development Indicators · SP.DYN.LE00.IN · 2024

Historical Trends

World Bank and UNDP series from 2000 through 2024. Missing years are omitted.

Metric:

Iceland Demographics

Median Age (years)

36.0

UN World Population Prospects · MedianAgePop · 2024

Population Growth

0.22%

World Bank World Development Indicators · SP.POP.GROW · 2024

Urbanization

94.2%

World Bank World Development Indicators · SP.URB.TOTL.IN.ZS · 2024

Net Migration

9.2

World Bank World Development Indicators · derived · 2024

Iceland Economy

Unemployment Rate

3.6%

World Bank World Development Indicators · SL.UEM.TOTL.ZS · 2024

Inflation Rate

5.9%

World Bank World Development Indicators · FP.CPI.TOTL.ZG · 2024

Gini Index

26.8

Data year 2019

World Bank World Development Indicators · SI.POV.GINI · 2019

Poverty Rate

0.1%

Data year 2019

World Bank World Development Indicators · SI.POV.DDAY · 2019

Iceland Environment

CO₂ Emissions

8.52

World Bank World Development Indicators · EN.ATM.CO2E.PC · 2024

Renewable Energy Share

82.4%

Data year 2021

World Bank World Development Indicators · EG.FEC.RNEW.ZS · 2021

Forest Area

0.5%

Data year 2023

World Bank World Development Indicators · AG.LND.FRST.ZS · 2023

PM2.5 Air Pollution (µg/m³)

4.9

Data year 2023

World Bank World Development Indicators · EN.ATM.PM25.MC.M3 · 2023

Iceland Technology

Internet Users

98.2%

World Bank World Development Indicators · IT.NET.USER.ZS · 2024

Mobile Subscriptions

120.9

World Bank World Development Indicators · IT.CEL.SETS.P2 · 2024

Frequently Asked Questions about Iceland

Iceland had a population of 386,506 in 2024 (World Bank).

GDP per capita in Iceland was $85,863 in 2024 (World Bank, current US$).

Data Sources & Accuracy

World Development Indicators, The World Bank, licensed under CC BY 4.0. Human Development Index and Education Index inputs, UNDP Human Development Report Office, licensed under CC BY 3.0 IGO. Median age, United Nations, Department of Economic and Social Affairs, Population Division, World Population Prospects, licensed under CC BY 3.0 IGO.

Headline figures use 2024 where available. Older values show their year on the card. Missing values are shown as “No data”; they are never filled in with zeros.

Last checked: September 30, 2026

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