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Iceland vs Serbia statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 6.59M in Serbia (ranked 109/197). Iceland's land area is 38,931 sq mi versus 32,467 sq mi for Serbia (ranked 104th vs. 111th).

By GDP, Iceland ranks 108/197 ($33.3B) and Serbia ranks 76/197 ($90.1B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Serbia ranks 73/197 ($13,679).

Main facts and rankings

Iceland Serbia
Population
397129
6494521
Population rank 173/197 110/197
GDP
$33.3B
2024
$90.1B
2024
GDP rank 108/197 76/197
GDP per capita
$86,041
2024
$13,679
2024
GDP per capita rank 9/197 73/197
GDP per capita, PPP
$84,257
2024
$32,832
2024
Government debt
$19.8B
2024
$40.1B
2024
Debt-to-GDP ratio
59.4%
2024
44.5%
2024
Government debt per person
$51,148
2024
$6,084
2024
Government debt per person rank 9/185 73/185
Average annual personal income after taxes
$55,565
2026
$12,252
2026
Land area 38,931 sq mi 32,467 sq mi
Population density
10.2 ppl/mi²
2026
200 ppl/mi²
2026
Fertility rate
1.59
2023
1.61
2023
Median age
37.1 years
2024
45.1 years
2024
Life expectancy
83.3 years
2026
77.3 years
2026

Iceland and Serbia: Comparison Charts

Iceland and Serbia economies compared

GDP
Iceland

Serbia
1x
Year GDP
Iceland Serbia
2024 $33,255,181,469 $90,097,765,959
2023 $31,677,891,897 $81,343,999,280
2022 $29,166,102,877 $66,809,895,701
2021 $26,234,872,402 $66,159,884,073
2020 $22,034,665,041 $55,874,017,669
2019 $24,985,687,022 $53,864,693,665
2018 $26,677,652,544 $52,787,520,249
2017 $25,060,086,488 $45,972,834,714
2016 $21,083,713,310 $42,225,495,910
2015 $17,700,486,957 $41,297,410,635
2014 $18,052,183,515 $49,114,321,280
2013 $16,244,319,959 $50,455,529,604
2012 $14,943,757,823 $45,103,269,969
2011 $15,394,005,872 $51,251,098,408
2010 $13,922,711,577 $43,536,629,233
2009 $13,212,543,838 $46,955,984,410
2008 $18,247,921,360 $54,220,641,202
2007 $21,960,110,030 $44,888,028,946
2006 $17,671,649,843 $33,298,057,362
2005 $17,146,410,561 $28,334,256,181
2004 $13,963,943,244 $26,845,632,342
2003 $11,564,687,742 $23,593,044,418
2002 $9,416,199,700 $17,930,583,571
2001 $8,323,401,820 $13,599,378,662
2000 $9,140,168,922 $7,326,373,882
1999 $9,107,644,691 $20,878,694,851
1998 $8,637,732,542 $21,004,077,441
1997 $7,716,781,803 $27,153,408,995
1996 $7,686,566,105 $23,277,430,168
1995 $7,372,640,169 $17,921,892,655
1994 $6,612,804,056 -
1993 $6,435,952,174 -
1992 $7,328,497,599 -
1991 $7,151,260,062 -
1990 $6,694,851,159 -
1989 $5,870,854,233 -
1988 $6,320,093,411 -
1987 $5,713,281,235 -
1986 $4,129,080,094 -
1985 $3,088,359,967 -
1984 $2,964,568,006 -
1983 $2,862,634,164 -
1982 $3,318,714,326 -
1981 $3,615,094,820 -
1980 $3,499,616,683 -
1979 $2,953,176,971 -
1978 $2,599,627,089 -
1977 $2,285,707,749 -
1976 $1,727,845,419 -
1975 $1,456,052,700 -
1974 $1,568,154,077 -
1973 $1,194,794,186 -
1972 $869,002,946 -
1971 $693,679,545 -
1970 $545,115,909 -
1969 $435,659,610 -
1968 $498,365,200 -
1967 $652,609,076 -
1966 $660,663,763 -
1965 $550,150,988 -
1964 $456,206,299 -
1963 $357,240,896 -
1962 $299,309,938 -
1961 $266,711,460 -
1960 $260,984,499 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/iceland/serbia | CC BY

Iceland and Serbia economies compared

GDP per capita
Iceland

Serbia
1x
Year GDP per capita
Iceland Serbia
2024 $86,041 $13,679
2023 $82,139 $12,282
2022 $76,350 $10,025
2021 $70,425 $9,681
2020 $60,128 $8,099
2019 $69,296 $7,756
2018 $75,634 $7,560
2017 $72,976 $6,548
2016 $62,854 $5,982
2015 $53,506 $5,820
2014 $55,140 $6,887
2013 $50,173 $7,040
2012 $46,595 $6,263
2011 $48,255 $7,082
2010 $43,776 $5,971
2009 $41,484 $6,414
2008 $57,489 $7,377
2007 $70,483 $6,081
2006 $58,172 $4,493
2005 $57,784 $3,808
2004 $47,810 $3,597
2003 $39,944 $3,154
2002 $32,749 $2,391
2001 $29,208 $1,812
2000 $32,504 $975
1999 $32,834 $2,769
1998 $31,519 $2,775
1997 $28,462 $3,574
1996 $28,584 $3,054
1995 $27,565 $2,349
1994 $24,858 -
1993 $24,404 -
1992 $28,072 -
1991 $27,740 -
1990 $26,272 -
1989 $23,219 -
1988 $25,307 -
1987 $23,238 -
1986 $16,980 -
1985 $12,793 -
1984 $12,378 -
1983 $12,080 -
1982 $14,191 -
1981 $15,666 -
1980 $15,340 -
1979 $13,082 -
1978 $11,630 -
1977 $10,305 -
1976 $7,848 -
1975 $6,680 -
1974 $7,287 -
1973 $5,627 -
1972 $4,155 -
1971 $3,366 -
1970 $2,666 -
1969 $2,142 -
1968 $2,473 -
1967 $3,284 -
1966 $3,378 -
1965 $2,861 -
1964 $2,414 -
1963 $1,924 -
1962 $1,641 -
1961 $1,490 -
1960 $1,486 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/iceland/serbia | CC BY

Iceland vs. Serbia life expectancy calculator

Life expectancy
Iceland

Serbia
1x
Year Life expectancy, years
Iceland Serbia
2026 83.3 77.3
2025 83.2 77.1
2024 83 76.9
2023 82.7 76.8
2022 81.6 75.5
2021 82.8 72.9
2020 82.7 74.5
2019 82.8 76.1
2018 82.5 76
2017 82.2 75.8
2016 81.8 75.7
2015 82.2 75.7
2014 82.4 75.5
2013 81.7 75.3
2012 82.3 75.1
2011 82 74.7
2010 81.6 74.4
2009 81.4 74.1
2008 81.2 73.9
2007 81.1 73.7
2006 80.9 73.4
2005 81.2 73.1
2004 80.7 72.9
2003 80.8 72.7
2002 80.3 72.6
2001 80.4 72.3
2000 79.5 72.3
1999 79.2 70
1998 79.4 72.3
1997 78.7 72.9
1996 78.6 72.9
1995 77.5 72.7
1994 79 72.3
1993 78.8 71.9
1992 78.6 71.6
1991 77.8 71.9
1990 77.7 72.2
1989 77.9 72.3
1988 76.9 72
1987 77.1 71.9
1986 77.9 71.6
1985 77.4 71.4
1984 77.3 71.2
1983 76.4 71.1
1982 76.8 71
1981 76.2 71.1
1980 76.6 71.1
1979 76.5 71.2
1978 76.4 71.4
1977 76.1 71.8
1976 76.6 71.9
1975 75.3 71.6
1974 74.1 71.1
1973 74.3 70.5
1972 74.4 70
1971 73.5 69.7
1970 73.8 69.7
1969 73.7 70
1968 73.9 70.1
1967 73.7 70.1
1966 73.1 69.4
1965 73.8 68.7
1964 73.5 68
1963 72.9 67.4
1962 73.6 67
1961 73.4 66.3
1960 74 65.7
1959 72.6 65.2
1958 73.3 64.3
1957 73.4 63.2
1956 72.9 61.9
1955 73.3 61.3
1954 73.3 60.7
1953 72.3 59.8
1952 72.4 57.4
1951 71 55.6
1950 71 55.1

Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).

GeoRank.org/facts/iceland/serbia | CC BY

Iceland and Serbia population clocks and comparison

Population
Iceland

Serbia
1x
Year Population
Iceland Serbia
2024 386,506 6,586,476
2023 385,663 6,623,183
2022 382,003 6,664,449
2021 372,520 6,834,326
2020 366,463 6,899,126
2019 360,563 6,945,235
2018 352,721 6,982,604
2017 343,400 7,020,858
2016 335,439 7,058,322
2015 330,815 7,095,383
2014 327,386 7,131,787
2013 323,764 7,166,553
2012 320,716 7,201,497
2011 319,014 7,236,519
2010 318,041 7,291,436
2009 318,499 7,320,807
2008 317,414 7,350,222
2007 311,566 7,381,579
2006 303,782 7,411,569
2005 296,734 7,440,769
2004 292,074 7,463,157
2003 289,521 7,480,591
2002 287,523 7,500,031
2001 284,968 7,503,433
2000 281,205 7,516,346
1999 277,381 7,540,401
1998 274,047 7,567,745
1997 271,128 7,598,538
1996 268,916 7,622,185
1995 267,468 7,628,264
1994 266,021 7,622,711
1993 263,725 7,614,328
1992 261,057 7,604,063
1991 257,797 7,595,636
1990 254,826 7,897,937
1989 252,852 7,893,787
1988 249,740 7,884,218
1987 245,859 7,868,027
1986 243,180 7,853,824
1985 241,405 7,835,902
1984 239,511 7,813,549
1983 236,977 7,788,100
1982 233,860 7,763,335
1981 230,755 7,736,787
1980 228,138 7,709,544
1979 225,735 7,541,997
1978 223,537 7,504,017
1977 221,799 7,462,783
1976 220,154 7,418,973
1975 217,979 7,368,717
1974 215,209 7,326,043
1973 212,317 7,283,902
1972 209,137 7,252,012
1971 206,098 7,211,716
1970 204,438 7,164,993
1969 203,369 7,123,249
1968 201,488 7,007,586
1967 198,751 6,966,522
1966 195,570 6,927,969
1965 192,286 6,876,624
1964 188,983 6,832,855
1963 185,653 6,787,950
1962 182,378 6,740,264
1961 179,029 6,689,077
1960 175,574 6,638,992

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/iceland/serbia | CC BY

Fertility rates in Iceland and Serbia

Fertility rate
Iceland

Serbia
1x
Year Fertility rate
Iceland Serbia
2023 1.59 1.61
2022 1.59 1.59
2021 1.82 1.52
2020 1.72 1.48
2019 1.74 1.52
2018 1.71 1.49
2017 1.71 1.49
2016 1.74 1.46
2015 1.8 1.46
2014 1.93 1.46
2013 1.93 1.43
2012 2.04 1.45
2011 2.02 1.4
2010 2.2 1.4
2009 2.23 1.44
2008 2.15 1.4
2007 2.09 1.38
2006 2.08 1.43
2005 2.05 1.45
2004 2.04 1.57
2003 1.99 1.59
2002 1.93 1.57
2001 1.95 1.58
2000 2.08 1.48
1999 1.99 1.35
1998 2.05 1.37
1997 2.04 1.4
1996 2.12 1.44
1995 2.08 1.47
1994 2.14 1.51
1993 2.22 1.54
1992 2.21 1.57
1991 2.18 1.61
1990 2.3 1.65
1989 2.19 1.69
1988 2.26 1.72
1987 2.06 1.75
1986 1.92 1.78
1985 1.93 1.8
1984 2.08 1.81
1983 2.24 1.83
1982 2.27 1.84
1981 2.33 1.85
1980 2.48 1.86
1979 2.49 1.88
1978 2.35 1.89
1977 2.31 1.9
1976 2.52 1.91
1975 2.65 1.92
1974 2.66 1.93
1973 2.94 1.94
1972 3.09 1.95
1971 2.92 1.96
1970 2.81 1.97
1969 2.99 1.99
1968 3.06 2.01
1967 3.28 2.02
1966 3.59 2.04
1965 3.73 2.06
1964 3.88 2.07
1963 3.99 2.08
1962 3.98 2.11
1961 3.88 2.13
1960 4.29 2.15

Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06).

GeoRank.org/facts/iceland/serbia | CC BY

Iceland and Serbia demographics compared

Median age
Iceland

Serbia
1x
Year Median age, years
Iceland Serbia
2024 37.1 45.1
2023 36.9 44.9
2022 36.7 44.7
2021 36.7 44.5
2020 36.6 44.4
2019 36.5 44.2
2018 36.4 44
2017 36.3 43.7
2016 36.2 43.5
2015 36 43.3
2014 35.7 43
2013 35.5 42.8
2012 35.4 42.6
2011 35.1 42.4
2010 34.9 42.1
2009 34.6 41.9
2008 34.5 41.7
2007 34.6 41.5
2006 34.5 41.3
2005 34.2 41.1
2004 34 40.9
2003 33.7 40.7
2002 33.4 40.5
2001 33 40.3
2000 32.8 40.1
1999 32.6 39.8
1998 32.4 39.5
1997 32.1 39.2
1996 31.8 38.9
1995 31.5 38.5
1994 31.1 38.2
1993 30.8 37.8
1992 30.5 37.5
1991 30.2 37.1
1990 30 36.8
1989 29.6 36.5
1988 29.3 36.1
1987 29.1 35.7
1986 28.8 35.4
1985 28.4 35
1984 28 34.7
1983 27.7 34.4
1982 27.5 34.1
1981 27.2 33.9
1980 26.9 33.8
1979 26.7 33.7
1978 26.4 33.5
1977 26 33.4
1976 25.7 33.2
1975 25.4 33
1974 25.1 32.8
1973 24.9 32.7
1972 24.8 32.5
1971 24.7 32.2
1970 24.5 32
1969 24.3 31.7
1968 24.2 31.4
1967 24.1 31.1
1966 24.1 30.8
1965 24.2 30.5
1964 24.4 30.2
1963 24.7 29.8
1962 24.9 29.4
1961 25.2 29.1
1960 25.4 28.7

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/iceland/serbia | CC BY

Interactive Maps

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National statistics comparison

Finance

Iceland Serbia
GNI, Atlas method
$31.8B
2024
$76.5B
2024
Government expenditure, % of GDP
46.5%
2024
42.7%
2024
Education expenditure, % of GDP
7.29%
2022
3.4%
2023
Military expenditure, % of GDP n/a
2.6%
2024
Armed forces personnel
0
2020
32,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-1.75%
2024
Unemployment rate
3.56%
2024
7.24%
2024
Services, % of GDP
64.9%
2024
58.8%
2024
Industry, % of GDP
20.1%
2024
23.1%
2024
Economic freedom index
75
2026
65
2026
Income share by richest 10%
22.4%
2019
24.7%
2022
Income share by poorest 10%
3.7%
2019
2.4%
2022
Number of billionaires
1
2025
n/a
Percentage of billionaires
0.0003%
2025
n/a
Listed domestic companies
34
2004
n/a
Market capitalization of domestic companies n/a
$4.06B
2011
Total reserves including gold
$6.4B
2024
$30.5B
2024
Personal remittances received
$246M
2024
$5.76B
2024
International tourist arrivals
488,000
2020
446,000
2020
International tourism as share of exports
11.9%
2008
5.58%
2020
Banked people share
99.9%
2024
83.3%
2024

Energy

Iceland Serbia
Energy use, kg of oil equivalent per capita
15,686 kg
2023
2,378 kg
2023
GDP PPP per kg equivalent of energy use
$5.2
2023
$12.5
2023
Carbon dioxide (CO2) emissions
3.29 megatons
2024
n/a
CO2 emissions per capita
8.52 tons
2024
n/a
Fossil fuel energy use share
10.3%
2023
83%
2022
Renewable energy use share
82.4%
2021
27.2%
2021
Alternative and nuclear energy use share
88.8%
2023
7.3%
2023
Net energy imports use share
20.5%
2009
42.6%
2023
Electric power consumption per capita
50,951 kWh
2023
5,090 kWh
2023
Renewable electricity output share
100%
2016
35%
2021
Hydroelectric share
70.3%
2023
32.7%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Iceland Serbia
% of world population
0.005%
2024
0.08%
2024
Annual migration change
+2,709
2025
-13,086
2025
Urban population
94.2%
2024
62.4%
2024
Male:Female ratio
51.2:48.8
2024
47.4:52.6
2024
Average male height
5.97 ft
2025
5.93 ft
2025
Average female height
5.54 ft
2025
5.52 ft
2025
Quality of life index
93.6
2026
63.9
2026
Corruption Perceptions Index
77
2025
33
2025
Higher education index
79
2026
82
2026
Homicides per 100K people
1.07
2022
1.31
2023
Road traffic mortality per 100K people
2
2019
7.5
2019
Visa free countries
168
2025
134
2025
Adult literacy rate
99%
2003
99.3%
2022
English speaking
98%
2023
55%
2025
People using the Internet
99.8%
2023
87.7%
2024

Health

Iceland Serbia
Government health expenditure per capita
$7,642
2024
$984
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$316
2023
Life expectancy
83.3 years
2026
77.3 years
2026
Foreign aid share of health expenditure
0%
2023
0.0002%
2023
Physicians per 1,000 people
4.37
2023
3.1
2022
Age at first childbirth
28.8 years
2023
28.4 years
2023
Maternal mortality per 100K births
3
2023
11
2023
Mortality rate before reaching 5 years of age
2.6
2023
5.2
2023
Obesity rate
21.8%
2022
23.1%
2022
Diabetes prevalence
6.9%
2024
10.5%
2024
Air quality index
98
2026
40
2026
Tobacco use prevalence
9.4%
2022
39.5%
2022
Pure alcohol consumption per capita
7.94 liters
2020
7.89 liters
2019

Territory

Iceland Serbia
% of world land
0.07%
2026
0.06%
2026
Land area per capita
100,725 sq mi
2024
4,929 sq mi
2024
Agricultural land area
6,324 sq mi
2026
13,112 sq mi
2026
Forest area
205.8 sq mi
2026
10,516 sq mi
2026
Roads length
8,014 mi
2012
28,222 mi
2024

In-depth comparisons

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. World Obesity Federation (2022, retrieved 2026-02-08)
  8. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)
  9. Passport Index (2025, retrieved 2026-02-08)
  10. Transparency International (2025, retrieved 2026-02-10)
  11. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  12. EduRank (2026, retrieved 2025-10-13)

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