
Icelandic Scorecard
Country profile
Iceland is a Nordic island nation in the North Atlantic, famous for its dramatic volcanic landscapes, geysers, glaciers, and a close connection between its people and nature. It has a population of 0.4 million, a population growth rate of 2.93%, and a median age of 35.81 years.
Its history is rooted in Norse Viking settlement and is celebrated through traditional sagas that reflect a unique cultural identity.
Today, Iceland is renowned for its progressive society, strong emphasis on renewable energy, and a vibrant arts and music scene that mirrors its striking natural environment.
Its capital city is Reykjavik.
How does Iceland compare to other countries?
Economic Development
GDP per Capita (PPP) in Iceland improved by 3.7% from 2022 to 2023
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Unemployment Rate in Iceland improved by 11.7% from 2023 to 2024
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Inflation Rate in Iceland improved by 33.0% from 2023 to 2024
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General Government Debt in Iceland improved by 7.6% from 2022 to 2023
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Income Inequality in Iceland improved by 4.0% from 2016 to 2017
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Health and Social Development
Life Expectancy in Iceland improved by 0.6% from 2022 to 2023
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Infant Mortality Rate in Iceland improved by 5.0% from 2022 to 2023
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Human Development showed no change from 2021 to 2022
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Suicide Mortality Rate in Iceland improved by 8.0% from 2020 to 2021
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World Happiness Report in Iceland worsened by 0.1% from 2023 to 2024
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Freedom in the World in Iceland improved by 1.1% from 2023 to 2024
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Education
Completion of Upper Secondary Education in Iceland worsened by 0.7% from 2021 to 2022
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PISA Scores (Reading) in Iceland worsened by 8.0% from 2018 to 2022
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PISA Scores (Math) in Iceland worsened by 7.3% from 2018 to 2022
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PISA Scores (Science) in Iceland worsened by 5.9% from 2018 to 2022
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Governance and Security
Corruption Perception in Iceland worsened by 2.7% from 2022 to 2023
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Control of Corruption in Iceland worsened by 1.3% from 2022 to 2023
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Homicide Rate in Iceland improved by 60.3% from 2020 to 2021
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Government Effectiveness in Iceland worsened by 0.5% from 2022 to 2023
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Political Stability in Iceland worsened by 3.2% from 2022 to 2023
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Rule of Law in Iceland improved by 1.1% from 2022 to 2023
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Voice and Accountability in Iceland improved by 1.3% from 2022 to 2023
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Environmental Sustainability and Energy
CO2 Emissions per Capita in Iceland worsened by 2.2% from 2022 to 2023
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Air Pollution (PM2.5) in Iceland improved by 6.9% from 2019 to 2020
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Renewable Energy Consumption in Iceland worsened by 0.6% from 2020 to 2021
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