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Canada vs Iceland statistics compared

Updated on by Georank team

Canada has a population of 41.3M (ranked 37/197), compared with 387K in Iceland (ranked 173/197). Canada's land area is 3,393,336 sq mi versus 38,931 sq mi for Iceland (ranked 4th vs. 104th).

By GDP, Canada ranks 9/197 ($2.24T) and Iceland ranks 108/197 ($33.3B). By GDP per capita, Canada ranks 20/197 ($54,340), while Iceland ranks 9/197 ($86,041).

Main facts and rankings

Canada Iceland
Population
42181965
397129
Population rank 38/197 173/197
GDP
$2.24T
2024
$33.3B
2024
GDP rank 9/197 108/197
GDP per capita
$54,340
2024
$86,041
2024
GDP per capita rank 20/197 9/197
GDP per capita, PPP
$64,610
2024
$84,257
2024
Government debt
$2.5T
2024
$19.8B
2024
Debt-to-GDP ratio
111.3%
2024
59.4%
2024
Government debt per person
$60,482
2024
$51,148
2024
Government debt per person rank 4/185 9/185
Average annual personal income after taxes
$37,320
2026
$55,565
2026
Land area 3,393,336 sq mi 38,931 sq mi
Population density
12.4 ppl/mi²
2026
10.2 ppl/mi²
2026
Fertility rate
1.26
2023
1.59
2023
Median age
41.5 years
2024
37.1 years
2024
Life expectancy
83.1 years
2026
83.3 years
2026

Canada and Iceland: Comparison Charts

Canada and Iceland economies compared

GDP
Canada

Iceland
1x
Year GDP
Canada Iceland
2024 $2,243,636,826,634 $33,255,181,469
2023 $2,173,339,670,064 $31,677,891,897
2022 $2,190,411,080,134 $29,166,102,877
2021 $2,022,378,748,423 $26,234,872,402
2020 $1,655,684,730,000 $22,034,665,041
2019 $1,743,725,183,673 $24,985,687,022
2018 $1,725,329,192,783 $26,677,652,544
2017 $1,649,265,644,244 $25,060,086,488
2016 $1,527,994,741,907 $21,083,713,310
2015 $1,556,508,816,217 $17,700,486,957
2014 $1,805,749,878,440 $18,052,183,515
2013 $1,846,597,421,835 $16,244,319,959
2012 $1,828,366,481,522 $14,943,757,823
2011 $1,793,326,630,175 $15,394,005,872
2010 $1,617,343,367,486 $13,922,711,577
2009 $1,374,625,142,157 $13,212,543,838
2008 $1,552,989,690,722 $18,247,921,360
2007 $1,468,820,407,783 $21,960,110,030
2006 $1,319,264,809,591 $17,671,649,843
2005 $1,173,108,598,779 $17,146,410,561
2004 $1,026,690,238,278 $13,963,943,244
2003 $895,540,646,635 $11,564,687,742
2002 $760,649,334,098 $9,416,199,700
2001 $738,981,792,355 $8,323,401,820
2000 $744,773,415,932 $9,140,168,922
1999 $678,412,196,271 $9,107,644,691
1998 $634,000,000,000 $8,637,732,542
1997 $654,986,999,856 $7,716,781,803
1996 $630,607,994,133 $7,686,566,105
1995 $605,961,090,061 $7,372,640,169
1994 $579,944,346,807 $6,612,804,056
1993 $579,053,561,739 $6,435,952,174
1992 $594,387,358,319 $7,328,497,599
1991 $612,527,712,316 $7,151,260,062
1990 $596,075,591,361 $6,694,851,159
1989 $567,211,993,243 $5,870,854,233
1988 $509,380,027,627 $6,320,093,411
1987 $433,134,238,311 $5,713,281,235
1986 $379,006,836,992 $4,129,080,094
1985 $366,186,012,450 $3,088,359,967
1984 $356,718,400,124 $2,964,568,006
1983 $341,866,277,183 $2,862,634,164
1982 $314,647,807,409 $3,318,714,326
1981 $307,246,642,756 $3,615,094,820
1980 $274,776,566,028 $3,499,616,683
1979 $243,891,124,296 $2,953,176,971
1978 $219,369,542,386 $2,599,627,089
1977 $212,325,176,305 $2,285,707,749
1976 $207,271,612,576 $1,727,845,419
1975 $174,419,757,177 $1,456,052,700
1974 $160,949,188,139 $1,568,154,077
1973 $131,764,343,566 $1,194,794,186
1972 $113,463,848,874 $869,002,946
1971 $99,606,454,744 $693,679,545
1970 $88,192,257,632 $545,115,909
1969 $79,405,011,125 $435,659,610
1968 $72,048,833,006 $498,365,200
1967 $65,856,924,424 $652,609,076
1966 $61,252,415,405 $660,663,763
1965 $54,649,410,479 $550,150,988
1964 $49,503,663,836 $456,206,299
1963 $45,140,337,827 $357,240,896
1962 $42,336,211,556 $299,309,938
1961 $41,038,192,838 $266,711,460
1960 $40,563,768,947 $260,984,499

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

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

Canada and Iceland economies compared

GDP per capita
Canada

Iceland
1x
Year GDP per capita
Canada Iceland
2024 $54,340 $86,041
2023 $54,220 $82,139
2022 $56,257 $76,350
2021 $52,887 $70,425
2020 $43,538 $60,128
2019 $46,353 $69,296
2018 $46,539 $75,634
2017 $45,130 $72,976
2016 $42,314 $62,854
2015 $43,594 $53,506
2014 $50,961 $55,140
2013 $52,638 $50,173
2012 $52,670 $46,595
2011 $52,224 $48,255
2010 $47,561 $43,776
2009 $40,875 $41,484
2008 $46,710 $57,489
2007 $44,660 $70,483
2006 $40,504 $58,172
2005 $36,384 $57,784
2004 $32,146 $47,810
2003 $28,302 $39,944
2002 $24,256 $32,749
2001 $23,822 $29,208
2000 $24,271 $32,504
1999 $22,315 $32,834
1998 $21,025 $31,519
1997 $21,902 $28,462
1996 $21,297 $28,584
1995 $20,680 $27,565
1994 $19,998 $24,858
1993 $20,187 $24,404
1992 $20,950 $28,072
1991 $21,847 $27,740
1990 $21,526 $26,272
1989 $20,795 $23,219
1988 $19,013 $25,307
1987 $16,378 $23,238
1986 $14,521 $16,980
1985 $14,170 $12,793
1984 $13,930 $12,378
1983 $13,477 $12,080
1982 $12,527 $14,191
1981 $12,379 $15,666
1980 $11,208 $15,340
1979 $10,078 $13,082
1978 $9,154 $11,630
1977 $8,949 $10,305
1976 $8,839 $7,848
1975 $7,537 $6,680
1974 $7,057 $7,287
1973 $5,858 $5,627
1972 $5,107 $4,155
1971 $4,535 $3,366
1970 $4,136 $2,666
1969 $3,776 $2,142
1968 $3,473 $2,473
1967 $3,226 $3,284
1966 $3,055 $3,378
1965 $2,777 $2,861
1964 $2,562 $2,414
1963 $2,380 $1,924
1962 $2,274 $1,641
1961 $2,246 $1,490
1960 $2,265 $1,486

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

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

Canada vs. Iceland life expectancy calculator

Life expectancy
Canada

Iceland
1x
Year Life expectancy, years
Canada Iceland
2026 83.1 83.3
2025 82.9 83.2
2024 82.7 83
2023 82.6 82.7
2022 81.2 81.6
2021 82 82.8
2020 81.7 82.7
2019 82.3 82.8
2018 81.9 82.5
2017 81.9 82.2
2016 82 81.8
2015 81.9 82.2
2014 81.8 82.4
2013 81.8 81.7
2012 81.7 82.3
2011 81.5 82
2010 81.3 81.6
2009 81.1 81.4
2008 80.7 81.2
2007 80.5 81.1
2006 80.5 80.9
2005 80.1 81.2
2004 80 80.7
2003 79.7 80.8
2002 79.6 80.3
2001 79.4 80.4
2000 79.2 79.5
1999 78.9 79.2
1998 78.7 79.4
1997 78.5 78.7
1996 78.3 78.6
1995 78 77.5
1994 77.9 79
1993 77.7 78.8
1992 77.9 78.6
1991 77.6 77.8
1990 77.4 77.7
1989 77.1 77.9
1988 76.9 76.9
1987 76.8 77.1
1986 76.5 77.9
1985 76.3 77.4
1984 76.4 77.3
1983 76.1 76.4
1982 75.7 76.8
1981 75.5 76.2
1980 75.1 76.6
1979 74.8 76.5
1978 74.5 76.4
1977 74.2 76.1
1976 73.9 76.6
1975 73.4 75.3
1974 73.1 74.1
1973 73.1 74.3
1972 72.8 74.4
1971 72.9 73.5
1970 72.6 73.8
1969 72.4 73.7
1968 72.2 73.9
1967 72.1 73.7
1966 71.9 73.1
1965 71.7 73.8
1964 71.6 73.5
1963 71.3 72.9
1962 71.2 73.6
1961 71.2 73.4
1960 71 74
1959 70.6 72.6
1958 70.6 73.3
1957 69.9 73.4
1956 70 72.9
1955 70 73.3
1954 69.9 73.3
1953 69.1 72.3
1952 68.7 72.4
1951 68.5 71
1950 68.2 71

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

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

Canada and Iceland population clocks and comparison

Population
Canada

Iceland
1x
Year Population
Canada Iceland
2024 41,288,599 386,506
2023 40,083,484 385,663
2022 38,935,934 382,003
2021 38,239,864 372,520
2020 38,028,638 366,463
2019 37,618,495 360,563
2018 37,072,620 352,721
2017 36,545,075 343,400
2016 36,110,803 335,439
2015 35,704,498 330,815
2014 35,434,066 327,386
2013 35,080,992 323,764
2012 34,713,395 320,716
2011 34,339,221 319,014
2010 34,005,902 318,041
2009 33,630,069 318,499
2008 33,247,298 317,414
2007 32,888,886 311,566
2006 32,571,193 303,782
2005 32,242,732 296,734
2004 31,938,807 292,074
2003 31,642,461 289,521
2002 31,359,199 287,523
2001 31,020,855 284,968
2000 30,685,730 281,205
1999 30,401,286 277,381
1998 30,155,173 274,047
1997 29,905,948 271,128
1996 29,610,218 268,916
1995 29,302,311 267,468
1994 29,000,663 266,021
1993 28,684,764 263,725
1992 28,371,264 261,057
1991 28,037,420 257,797
1990 27,691,138 254,826
1989 27,276,781 252,852
1988 26,791,747 249,740
1987 26,446,601 245,859
1986 26,100,278 243,180
1985 25,842,116 241,405
1984 25,607,053 239,511
1983 25,366,451 236,977
1982 25,116,942 233,860
1981 24,819,915 230,755
1980 24,515,667 228,138
1979 24,201,544 225,735
1978 23,963,203 223,537
1977 23,725,843 221,799
1976 23,449,808 220,154
1975 23,143,275 217,979
1974 22,807,969 215,209
1973 22,491,777 212,317
1972 22,218,463 209,137
1971 21,962,032 206,098
1970 21,324,000 204,438
1969 21,028,000 203,369
1968 20,744,000 201,488
1967 20,412,000 198,751
1966 20,048,000 195,570
1965 19,678,000 192,286
1964 19,325,000 188,983
1963 18,964,000 185,653
1962 18,614,000 182,378
1961 18,271,000 179,029
1960 17,909,356 175,574

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

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

Fertility rates in Canada and Iceland

Fertility rate
Canada

Iceland
1x
Year Fertility rate
Canada Iceland
2023 1.26 1.59
2022 1.33 1.59
2021 1.44 1.82
2020 1.41 1.72
2019 1.47 1.74
2018 1.51 1.71
2017 1.55 1.71
2016 1.59 1.74
2015 1.6 1.8
2014 1.61 1.93
2013 1.61 1.93
2012 1.63 2.04
2011 1.63 2.02
2010 1.65 2.2
2009 1.69 2.23
2008 1.7 2.15
2007 1.67 2.09
2006 1.63 2.08
2005 1.58 2.05
2004 1.56 2.04
2003 1.55 1.99
2002 1.52 1.93
2001 1.54 1.95
2000 1.51 2.08
1999 1.55 1.99
1998 1.56 2.05
1997 1.57 2.04
1996 1.63 2.12
1995 1.67 2.08
1994 1.69 2.14
1993 1.69 2.22
1992 1.71 2.21
1991 1.72 2.18
1990 1.83 2.3
1989 1.77 2.19
1988 1.68 2.26
1987 1.68 2.06
1986 1.68 1.92
1985 1.67 1.93
1984 1.65 2.08
1983 1.68 2.24
1982 1.69 2.27
1981 1.7 2.33
1980 1.74 2.48
1979 1.75 2.49
1978 1.77 2.35
1977 1.78 2.31
1976 1.8 2.52
1975 1.82 2.65
1974 1.84 2.66
1973 1.89 2.94
1972 1.98 3.09
1971 2.14 2.92
1970 2.26 2.81
1969 2.33 2.99
1968 2.39 3.06
1967 2.53 3.28
1966 2.75 3.59
1965 3.12 3.73
1964 3.46 3.88
1963 3.61 3.99
1962 3.68 3.98
1961 3.75 3.88
1960 3.81 4.29

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

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

Canada and Iceland demographics compared

Median age
Canada

Iceland
1x
Year Median age, years
Canada Iceland
2024 41.5 37.1
2023 41.4 36.9
2022 41.3 36.7
2021 41.1 36.7
2020 40.9 36.6
2019 40.8 36.5
2018 40.8 36.4
2017 40.8 36.3
2016 40.7 36.2
2015 40.6 36
2014 40.5 35.7
2013 40.3 35.5
2012 40.1 35.4
2011 39.9 35.1
2010 39.7 34.9
2009 39.5 34.6
2008 39.3 34.5
2007 39.1 34.6
2006 38.8 34.5
2005 38.5 34.2
2004 38.1 34
2003 37.8 33.7
2002 37.4 33.4
2001 37.1 33
2000 36.7 32.8
1999 36.4 32.6
1998 36 32.4
1997 35.5 32.1
1996 35.1 31.8
1995 34.7 31.5
1994 34.3 31.1
1993 33.9 30.8
1992 33.6 30.5
1991 33.2 30.2
1990 32.9 30
1989 32.5 29.6
1988 32.2 29.3
1987 31.8 29.1
1986 31.4 28.8
1985 31 28.4
1984 30.6 28
1983 30.2 27.7
1982 29.8 27.5
1981 29.5 27.2
1980 29.2 26.9
1979 28.8 26.7
1978 28.5 26.4
1977 28.1 26
1976 27.7 25.7
1975 27.4 25.4
1974 27.2 25.1
1973 26.9 24.9
1972 26.6 24.8
1971 26.3 24.7
1970 26 24.5
1969 25.8 24.3
1968 25.7 24.2
1967 25.5 24.1
1966 25.5 24.1
1965 25.5 24.2
1964 25.6 24.4
1963 25.8 24.7
1962 26 24.9
1961 26.3 25.2
1960 26.4 25.4

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

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

Interactive Maps

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National statistics comparison

Finance

Canada Iceland
GNI, Atlas method
$2.2T
2024
$31.8B
2024
Government expenditure, % of GDP
44.7%
2024
46.5%
2024
Education expenditure, % of GDP
4.88%
2022
7.29%
2022
Military expenditure, % of GDP
1.31%
2024
n/a
Armed forces personnel
72,000
2020
0
2020
Deficit/surplus, % of GDP
-2.01%
2024
-3.51%
2024
Unemployment rate
6.35%
2024
3.56%
2024
Services, % of GDP
66.4%
2021
64.9%
2024
Industry, % of GDP
25.3%
2021
20.1%
2024
Economic freedom index
75.6
2026
75
2026
Income share by richest 10%
24.1%
2021
22.4%
2019
Income share by poorest 10%
3.3%
2021
3.7%
2019
Number of millionaires
2,098,000
2025
n/a
Percentage of millionaires
6.4%
2025
n/a
Number of billionaires
76
2025
1
2025
Percentage of billionaires
0.0002%
2025
0.0003%
2025
Listed domestic companies
4,226
2024
34
2004
Market capitalization of domestic companies
$3.37T
2024
n/a
Total reserves including gold
$120B
2024
$6.4B
2024
Personal remittances received
$851M
2024
$246M
2024
International tourist arrivals
32,430,000
2019
488,000
2020
International tourism as share of exports
3.66%
2011
11.9%
2008
Banked people share
98.4%
2024
99.9%
2024

Energy

Canada Iceland
Energy use, kg of oil equivalent per capita
7,336 kg
2023
15,686 kg
2023
GDP PPP per kg equivalent of energy use
$8.75
2023
$5.2
2023
Carbon dioxide (CO2) emissions
578 megatons
2024
3.29 megatons
2024
CO2 emissions per capita
14 tons
2024
8.52 tons
2024
Fossil fuel energy use share
76.8%
2023
10.3%
2023
Renewable energy use share
23.8%
2021
82.4%
2021
Alternative and nuclear energy use share
19.8%
2023
88.8%
2023
Net energy imports use share
-89.6%
2023
20.5%
2009
Electric power consumption per capita
14,460 kWh
2023
50,951 kWh
2023
Renewable electricity output share
67%
2021
100%
2016
Hydroelectric share
57%
2023
70.3%
2023
Nuclear share
14.1%
2023
0%
2021
Electricity access
100%
2023
100%
2023

Society

Canada Iceland
% of world population
0.51%
2024
0.005%
2024
Annual migration change
+326,204
2025
+2,709
2025
Urban population
82.7%
2024
94.2%
2024
Male:Female ratio
49.7:50.3
2024
51.2:48.8
2024
Average male height
5.86 ft
2025
5.97 ft
2025
Average female height
5.4 ft
2025
5.54 ft
2025
Quality of life index
91.3
2026
93.6
2026
Corruption Perceptions Index
75
2025
77
2025
Higher education index
99
2026
79
2026
Homicides per 100K people
2.27
2022
1.07
2022
Road traffic mortality per 100K people
5.3
2019
2
2019
Visa free countries
167
2025
168
2025
Adult literacy rate
99%
2003
99%
2003
English speaking
82.1%
2023
98%
2023
People using the Internet
94%
2023
99.8%
2023

Health

Canada Iceland
Government health expenditure per capita
$6,378
2024
$7,642
2024
Out-of-pocket health expenditure per capita
$974
2024
$1,137
2024
Life expectancy
83.1 years
2026
83.3 years
2026
Foreign aid share of health expenditure
0%
2024
0%
2023
Physicians per 1,000 people
2.82
2023
4.37
2023
Age at first childbirth
30 years
2021
28.8 years
2023
Maternal mortality per 100K births
12
2023
3
2023
Mortality rate before reaching 5 years of age
5.1
2023
2.6
2023
Obesity rate
26.7%
2022
21.8%
2022
Diabetes prevalence
7.7%
2024
6.9%
2024
Air quality index
85
2026
98
2026
Tobacco use prevalence
12%
2022
9.4%
2022
Pure alcohol consumption per capita
9.89 liters
2020
7.94 liters
2020

Territory

Canada Iceland
% of world land
5.9%
2026
0.07%
2026
Land area per capita
82,186 sq mi
2024
100,725 sq mi
2024
Agricultural land area
219,596 sq mi
2026
6,324 sq mi
2026
Forest area
1,339,068 sq mi
2026
205.8 sq mi
2026
Roads length
647,655 mi
2014
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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