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Armenia vs Iceland statistics compared

Updated on by Georank team

Armenia has a population of 3.03M (ranked 135/197), compared with 387K in Iceland (ranked 173/197). Armenia's land area is 10,888 sq mi versus 38,931 sq mi for Iceland (ranked 138th vs. 104th).

By GDP, Armenia ranks 114/197 ($26B) and Iceland ranks 108/197 ($33.3B). By GDP per capita, Armenia ranks 90/197 ($8,556), while Iceland ranks 9/197 ($86,041).

Main facts and rankings

Armenia Iceland
Population
2989841
397129
Population rank 137/197 173/197
GDP
$26B
2024
$33.3B
2024
GDP rank 114/197 108/197
GDP per capita
$8,556
2024
$86,041
2024
GDP per capita rank 90/197 9/197
GDP per capita, PPP
$22,823
2024
$84,257
2024
Government debt
$13B
2024
$19.8B
2024
Debt-to-GDP ratio
50%
2024
59.4%
2024
Government debt per person
$4,275
2024
$51,148
2024
Government debt per person rank 89/185 9/185
Average annual personal income after taxes
$6,687
2026
$55,565
2026
Land area 10,888 sq mi 38,931 sq mi
Population density
274.6 ppl/mi²
2026
10.2 ppl/mi²
2026
Fertility rate
1.9
2023
1.59
2023
Median age
37.1 years
2024
37.1 years
2024
Life expectancy
76.2 years
2026
83.3 years
2026

Armenia and Iceland: Comparison Charts

Armenia and Iceland economies compared

GDP
Armenia

Iceland
1x
Year GDP
Armenia Iceland
2024 $25,955,275,380 $33,255,181,469
2023 $24,185,982,216 $31,677,891,897
2022 $19,513,506,553 $29,166,102,877
2021 $13,878,908,629 $26,234,872,402
2020 $12,641,698,583 $22,034,665,041
2019 $13,619,290,539 $24,985,687,022
2018 $12,457,940,695 $26,677,652,544
2017 $11,527,458,709 $25,060,086,488
2016 $10,546,136,236 $21,083,713,310
2015 $10,553,337,518 $17,700,486,957
2014 $11,609,513,247 $18,052,183,515
2013 $11,121,464,437 $16,244,319,959
2012 $10,619,320,683 $14,943,757,823
2011 $10,142,111,825 $15,394,005,872
2010 $9,260,285,756 $13,922,711,577
2009 $8,647,937,081 $13,212,543,838
2008 $11,662,040,714 $18,247,921,360
2007 $9,206,301,270 $21,960,110,030
2006 $6,384,452,067 $17,671,649,843
2005 $4,900,469,511 $17,146,410,561
2004 $3,576,615,240 $13,963,943,244
2003 $2,807,061,009 $11,564,687,742
2002 $2,376,335,048 $9,416,199,700
2001 $2,118,467,913 $8,323,401,820
2000 $1,911,563,669 $9,140,168,922
1999 $1,845,482,173 $9,107,644,691
1998 $1,893,726,437 $8,637,732,542
1997 $1,639,492,445 $7,716,781,803
1996 $1,596,968,946 $7,686,566,105
1995 $1,468,317,435 $7,372,640,169
1994 $1,315,158,637 $6,612,804,056
1993 $1,201,312,829 $6,435,952,174
1992 $1,272,835,453 $7,328,497,599
1991 $2,069,870,130 $7,151,260,062
1990 $2,256,863,449 $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/armenia/iceland | CC BY

Armenia and Iceland economies compared

GDP per capita
Armenia

Iceland
1x
Year GDP per capita
Armenia Iceland
2024 $8,556 $86,041
2023 $8,159 $82,139
2022 $6,572 $76,350
2021 $4,685 $70,425
2020 $4,269 $60,128
2019 $4,597 $69,296
2018 $4,196 $75,634
2017 $3,869 $72,976
2016 $3,524 $62,854
2015 $3,512 $53,506
2014 $3,852 $55,140
2013 $3,680 $50,173
2012 $3,512 $46,595
2011 $3,350 $48,255
2010 $3,041 $43,776
2009 $2,821 $41,484
2008 $3,778 $57,489
2007 $2,963 $70,483
2006 $2,042 $58,172
2005 $1,557 $57,784
2004 $1,130 $47,810
2003 $882 $39,944
2002 $743 $32,749
2001 $660 $29,208
2000 $593 $32,504
1999 $583 $32,834
1998 $590 $31,519
1997 $505 $28,462
1996 $487 $28,584
1995 $444 $27,565
1994 $391 $24,858
1993 $348 $24,404
1992 $356 $28,072
1991 $573 $27,740
1990 $635 $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/armenia/iceland | CC BY

Armenia vs. Iceland life expectancy calculator

Life expectancy
Armenia

Iceland
1x
Year Life expectancy, years
Armenia Iceland
2026 76.2 83.3
2025 76 83.2
2024 75.8 83
2023 75.7 82.7
2022 74.6 81.6
2021 72.6 82.8
2020 68.9 82.7
2019 75.2 82.8
2018 75 82.5
2017 74.7 82.2
2016 74.5 81.8
2015 74.2 82.2
2014 74 82.4
2013 73.7 81.7
2012 73.4 82.3
2011 73.2 82
2010 72.9 81.6
2009 72.7 81.4
2008 72.5 81.2
2007 72.4 81.1
2006 72.2 80.9
2005 72.1 81.2
2004 71.9 80.7
2003 71.7 80.8
2002 71.5 80.3
2001 71.2 80.4
2000 70.8 79.5
1999 70.4 79.2
1998 70 79.4
1997 69.6 78.7
1996 69.2 78.6
1995 68.8 77.5
1994 68.4 79
1993 68.1 78.8
1992 67.9 78.6
1991 67.8 77.8
1990 67.7 77.7
1989 67.7 77.9
1988 52.7 76.9
1987 67.6 77.1
1986 67.4 77.9
1985 67.1 77.4
1984 66.8 77.3
1983 66.5 76.4
1982 66.1 76.8
1981 65.7 76.2
1980 65.4 76.6
1979 65 76.5
1978 64.7 76.4
1977 64.4 76.1
1976 64.1 76.6
1975 63.9 75.3
1974 63.7 74.1
1973 63.5 74.3
1972 63.2 74.4
1971 63 73.5
1970 62.8 73.8
1969 62.5 73.7
1968 62.2 73.9
1967 61.9 73.7
1966 61.6 73.1
1965 61.2 73.8
1964 60.8 73.5
1963 60.4 72.9
1962 60 73.6
1961 59.6 73.4
1960 59.1 74
1959 58.7 72.6
1958 58.2 73.3
1957 57.8 73.4
1956 57.4 72.9
1955 56.9 73.3
1954 56.4 73.3
1953 56 72.3
1952 55.5 72.4
1951 55 71
1950 54.6 71

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

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

Armenia and Iceland population clocks and comparison

Population
Armenia

Iceland
1x
Year Population
Armenia Iceland
2024 3,033,500 386,506
2023 2,964,300 385,663
2022 2,969,200 382,003
2021 2,962,300 372,520
2020 2,961,500 366,463
2019 2,962,500 360,563
2018 2,969,000 352,721
2017 2,979,400 343,400
2016 2,992,300 335,439
2015 3,004,600 330,815
2014 3,013,800 327,386
2013 3,022,000 323,764
2012 3,024,100 320,716
2011 3,027,900 319,014
2010 3,044,800 318,041
2009 3,066,000 318,499
2008 3,087,100 317,414
2007 3,107,400 311,566
2006 3,127,100 303,782
2005 3,146,400 296,734
2004 3,164,900 292,074
2003 3,182,500 289,521
2002 3,199,800 287,523
2001 3,211,800 284,968
2000 3,221,100 281,205
1999 3,167,286 277,381
1998 3,208,401 274,047
1997 3,246,289 271,128
1996 3,278,735 268,916
1995 3,307,581 267,468
1994 3,364,610 266,021
1993 3,453,332 263,725
1992 3,571,861 261,057
1991 3,613,977 257,797
1990 3,552,128 254,826
1989 3,443,100 252,852
1988 3,355,125 249,740
1987 3,328,520 245,859
1986 3,294,847 243,180
1985 3,260,432 241,405
1984 3,224,547 239,511
1983 3,191,539 236,977
1982 3,163,144 233,860
1981 3,135,349 230,755
1980 3,107,415 228,138
1979 3,078,501 225,735
1978 3,012,807 223,537
1977 2,912,827 221,799
1976 2,818,165 220,154
1975 2,743,660 217,979
1974 2,686,445 215,209
1973 2,630,860 212,317
1972 2,577,079 209,137
1971 2,525,345 206,098
1970 2,475,633 204,438
1969 2,424,030 203,369
1968 2,367,319 201,488
1967 2,307,492 198,751
1966 2,246,159 195,570
1965 2,183,635 192,286
1964 2,120,135 188,983
1963 2,056,023 185,653
1962 1,991,689 182,378
1961 1,927,484 179,029
1960 1,863,705 175,574

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

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

Fertility rates in Armenia and Iceland

Fertility rate
Armenia

Iceland
1x
Year Fertility rate
Armenia Iceland
2023 1.9 1.59
2022 1.7 1.59
2021 1.7 1.82
2020 1.7 1.72
2019 1.6 1.74
2018 1.6 1.71
2017 1.6 1.71
2016 1.6 1.74
2015 1.6 1.8
2014 1.7 1.93
2013 1.6 1.93
2012 1.6 2.04
2011 1.5 2.02
2010 1.5 2.2
2009 1.5 2.23
2008 1.4 2.15
2007 1.4 2.09
2006 1.3 2.08
2005 1.3 2.05
2004 1.4 2.04
2003 1.3 1.99
2002 1.2 1.93
2001 1.2 1.95
2000 1.3 2.08
1999 1.53 1.99
1998 1.81 2.05
1997 1.9 2.04
1996 2.06 2.12
1995 2.07 2.08
1994 2.08 2.14
1993 2.29 2.22
1992 2.5 2.21
1991 2.64 2.18
1990 2.71 2.3
1989 2.71 2.19
1988 2.68 2.26
1987 2.66 2.06
1986 2.66 1.92
1985 2.64 1.93
1984 2.6 2.08
1983 2.56 2.24
1982 2.5 2.27
1981 2.48 2.33
1980 2.48 2.48
1979 2.53 2.49
1978 2.62 2.35
1977 2.74 2.31
1976 2.84 2.52
1975 2.92 2.65
1974 2.98 2.66
1973 3.08 2.94
1972 3.2 3.09
1971 3.29 2.92
1970 3.33 2.81
1969 3.49 2.99
1968 3.62 3.06
1967 3.73 3.28
1966 3.83 3.59
1965 3.99 3.73
1964 4.15 3.88
1963 4.35 3.99
1962 4.52 3.98
1961 4.67 3.88
1960 4.79 4.29

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

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

Armenia and Iceland demographics compared

Median age
Armenia

Iceland
1x
Year Median age, years
Armenia Iceland
2024 37.1 37.1
2023 36.9 36.9
2022 36.9 36.7
2021 36.6 36.7
2020 36.1 36.6
2019 35.6 36.5
2018 34.9 36.4
2017 34.5 36.3
2016 34.1 36.2
2015 33.8 36
2014 33.5 35.7
2013 33.2 35.5
2012 33 35.4
2011 32.7 35.1
2010 32.4 34.9
2009 32.1 34.6
2008 31.8 34.5
2007 31.5 34.6
2006 31.3 34.5
2005 31 34.2
2004 30.8 34
2003 30.6 33.7
2002 30.3 33.4
2001 30 33
2000 29.6 32.8
1999 29.1 32.6
1998 28.7 32.4
1997 28.3 32.1
1996 28.1 31.8
1995 27.8 31.5
1994 27.5 31.1
1993 27.2 30.8
1992 26.9 30.5
1991 26.7 30.2
1990 26.5 30
1989 26.3 29.6
1988 26 29.3
1987 25.7 29.1
1986 25.4 28.8
1985 25.1 28.4
1984 24.7 28
1983 24.4 27.7
1982 24 27.5
1981 23.7 27.2
1980 23.3 26.9
1979 23 26.7
1978 22.7 26.4
1977 22.5 26
1976 22.4 25.7
1975 22.2 25.4
1974 21.9 25.1
1973 21.7 24.9
1972 21.5 24.8
1971 21.4 24.7
1970 21.2 24.5
1969 21.1 24.3
1968 21.1 24.2
1967 21.1 24.1
1966 21.4 24.1
1965 21.8 24.2
1964 22.2 24.4
1963 22.5 24.7
1962 22.7 24.9
1961 22.9 25.2
1960 23 25.4

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

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

Interactive Maps

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National statistics comparison

Finance

Armenia Iceland
GNI, Atlas method
$23.7B
2024
$31.8B
2024
Government expenditure, % of GDP
29%
2024
46.5%
2024
Education expenditure, % of GDP
2.44%
2023
7.29%
2022
Military expenditure, % of GDP
5.48%
2024
n/a
Armed forces personnel
47,000
2020
0
2020
Deficit/surplus, % of GDP
-3.69%
2024
-3.51%
2024
Unemployment rate
8.3%
2023
3.56%
2024
Services, % of GDP
62%
2024
64.9%
2024
Industry, % of GDP
22.9%
2024
20.1%
2024
Economic freedom index
67.1
2026
75
2026
Income share by richest 10%
22.9%
2023
22.4%
2019
Income share by poorest 10%
4%
2023
3.7%
2019
Number of billionaires
1
2025
1
2025
Percentage of billionaires
0.00004%
2025
0.0003%
2025
Listed domestic companies
12
2024
34
2004
Market capitalization of domestic companies
$4.85B
2024
n/a
Total reserves including gold
$3.69B
2024
$6.4B
2024
Personal remittances received
$1.28B
2024
$246M
2024
International tourist arrivals
375,000
2020
488,000
2020
International tourism as share of exports
7.97%
2020
11.9%
2008
Banked people share
71.4%
2024
99.9%
2024

Energy

Armenia Iceland
Energy use, kg of oil equivalent per capita
1,348 kg
2022
15,686 kg
2023
GDP PPP per kg equivalent of energy use
$14.2
2022
$5.2
2023
Carbon dioxide (CO2) emissions
7.49 megatons
2024
3.29 megatons
2024
CO2 emissions per capita
2.47 tons
2024
8.52 tons
2024
Fossil fuel energy use share
75.8%
2022
10.3%
2023
Renewable energy use share
9.1%
2021
82.4%
2021
Alternative and nuclear energy use share
24.3%
2022
88.8%
2023
Net energy imports use share
76.9%
2022
20.5%
2009
Electric power consumption per capita
2,404 kWh
2022
50,951 kWh
2023
Renewable electricity output share
30%
2021
100%
2016
Hydroelectric share
21.1%
2022
70.3%
2023
Nuclear share
31%
2022
0%
2021
Electricity access
100%
2023
100%
2023

Society

Armenia Iceland
% of world population
0.04%
2024
0.005%
2024
Annual migration change
-29,013
2025
+2,709
2025
Urban population
65.8%
2024
94.2%
2024
Male:Female ratio
46.4:53.6
2024
51.2:48.8
2024
Average male height
5.7 ft
2025
5.97 ft
2025
Average female height
5.25 ft
2025
5.54 ft
2025
Quality of life index
58.5
2026
93.6
2026
Corruption Perceptions Index
46
2025
77
2025
Higher education index
46
2026
79
2026
Homicides per 100K people
2.19
2021
1.07
2022
Road traffic mortality per 100K people
20
2019
2
2019
Visa free countries
79
2025
168
2025
Adult literacy rate
99.8%
2023
99%
2003
English speaking
8%
2025
98%
2023
People using the Internet
80%
2023
99.8%
2023

Health

Armenia Iceland
Government health expenditure per capita
$767
2023
$7,642
2024
Out-of-pocket health expenditure per capita
$617
2023
$1,137
2024
Life expectancy
76.2 years
2026
83.3 years
2026
Foreign aid share of health expenditure
0.39%
2023
0%
2023
Physicians per 1,000 people
3.36
2022
4.37
2023
Age at first childbirth
25.7 years
2021
28.8 years
2023
Maternal mortality per 100K births
19
2023
3
2023
Mortality rate before reaching 5 years of age
10
2023
2.6
2023
Obesity rate
25.1%
2022
21.8%
2022
Diabetes prevalence
7.7%
2024
6.9%
2024
Air quality index
28
2026
98
2026
Tobacco use prevalence
24.9%
2022
9.4%
2022
Pure alcohol consumption per capita
4.28 liters
2020
7.94 liters
2020

Territory

Armenia Iceland
% of world land
0.02%
2026
0.07%
2026
Land area per capita
3,589 sq mi
2024
100,725 sq mi
2024
Agricultural land area
6,380 sq mi
2026
6,324 sq mi
2026
Forest area
1,265 sq mi
2026
205.8 sq mi
2026
Roads length
4,785 mi
2019
8,014 mi
2012

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. United Nations Economic Commission for Europe (UNECE) (2021–2023, retrieved 2026-03-10)
  8. World Obesity Federation (2022, retrieved 2026-02-08)
  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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