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Iceland vs Italy statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 59M in Italy (ranked 25/197). Iceland's land area is 38,931 sq mi versus 114,178 sq mi for Italy (ranked 104th vs. 72nd).

By GDP, Iceland ranks 108/197 ($33.3B) and Italy ranks 8/197 ($2.38T). By GDP per capita, Iceland ranks 9/197 ($86,041), while Italy ranks 29/197 ($40,385).

Main facts and rankings

Iceland Italy
Population
397129
58562681
Population rank 173/197 26/197
GDP
$33.3B
2024
$2.38T
2024
GDP rank 108/197 8/197
GDP per capita
$86,041
2024
$40,385
2024
GDP per capita rank 9/197 29/197
GDP per capita, PPP
$84,257
2024
$62,014
2024
Government debt
$19.8B
2024
$3.22T
2024
Debt-to-GDP ratio
59.4%
2024
135.3%
2024
Government debt per person
$51,148
2024
$54,652
2024
Government debt per person rank 9/185 6/185
Average annual personal income after taxes
$55,565
2026
$23,800
2026
Land area 38,931 sq mi 114,178 sq mi
Population density
10.2 ppl/mi²
2026
513 ppl/mi²
2026
Fertility rate
1.59
2023
1.2
2023
Median age
37.1 years
2024
48.8 years
2024
Life expectancy
83.3 years
2026
84.2 years
2026

Iceland and Italy: Comparison Charts

Iceland and Italy economies compared

GDP
Iceland

Italy
1x
Year GDP
Iceland Italy
2024 $33,255,181,469 $2,380,825,077,244
2023 $31,677,891,897 $2,316,727,999,333
2022 $29,166,102,877 $2,104,067,630,319
2021 $26,234,872,402 $2,179,207,773,596
2020 $22,034,665,041 $1,907,481,094,079
2019 $24,985,687,022 $2,019,606,796,584
2018 $26,677,652,544 $2,099,435,266,459
2017 $25,060,086,488 $1,970,720,904,585
2016 $21,083,713,310 $1,887,111,188,177
2015 $17,700,486,957 $1,845,428,048,839
2014 $18,052,183,515 $2,173,255,507,986
2013 $16,244,319,959 $2,153,225,581,941
2012 $14,943,757,823 $2,097,929,495,122
2011 $15,394,005,872 $2,306,974,020,278
2010 $13,922,711,577 $2,144,936,254,535
2009 $13,212,543,838 $2,209,484,319,013
2008 $18,247,921,360 $2,417,508,414,187
2007 $21,960,110,030 $2,222,524,108,128
2006 $17,671,649,843 $1,958,563,654,386
2005 $17,146,410,561 $1,864,982,261,287
2004 $13,963,943,244 $1,812,808,753,295
2003 $11,564,687,742 $1,582,930,016,539
2002 $9,416,199,700 $1,281,746,271,196
2001 $8,323,401,820 $1,172,041,488,806
2000 $9,140,168,922 $1,149,661,363,439
1999 $9,107,644,691 $1,255,004,736,464
1998 $8,637,732,542 $1,272,729,786,997
1997 $7,716,781,803 $1,244,988,176,444
1996 $7,686,566,105 $1,314,776,508,972
1995 $7,372,640,169 $1,177,369,428,266
1994 $6,612,804,056 $1,101,750,159,702
1993 $6,435,952,174 $1,067,412,587,671
1992 $7,328,497,599 $1,323,204,350,354
1991 $7,151,260,062 $1,249,092,439,519
1990 $6,694,851,159 $1,183,945,130,899
1989 $5,870,854,233 $930,801,709,004
1988 $6,320,093,411 $893,663,934,841
1987 $5,713,281,235 $807,570,134,449
1986 $4,129,080,094 $641,862,313,287
1985 $3,088,359,967 $453,259,761,687
1984 $2,964,568,006 $438,896,930,791
1983 $2,862,634,164 $444,063,496,940
1982 $3,318,714,326 $428,257,421,618
1981 $3,615,094,820 $431,695,533,981
1980 $3,499,616,683 $478,356,755,596
1979 $2,953,176,971 $394,584,507,108
1978 $2,599,627,089 $315,784,469,541
1977 $2,285,707,749 $258,190,019,750
1976 $1,727,845,419 $225,235,205,862
1975 $1,456,052,700 $228,220,643,535
1974 $1,568,154,077 $200,024,444,775
1973 $1,194,794,186 $175,896,529,392
1972 $869,002,946 $145,594,833,997
1971 $693,679,545 $124,959,712,859
1970 $545,115,909 $113,656,669,765
1969 $435,659,610 $100,996,667,239
1968 $498,365,200 $91,485,448,148
1967 $652,609,076 $84,401,995,573
1966 $660,663,763 $76,622,444,787
1965 $550,150,988 $70,717,012,186
1964 $456,206,299 $65,720,771,779
1963 $357,240,896 $60,035,924,618
1962 $299,309,938 $52,413,872,628
1961 $266,711,460 $46,649,487,320
1960 $260,984,499 $42,012,422,612

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

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

Iceland and Italy economies compared

GDP per capita
Iceland

Italy
1x
Year GDP per capita
Iceland Italy
2024 $86,041 $40,385
2023 $82,139 $39,277
2022 $76,350 $35,654
2021 $70,425 $36,853
2020 $60,128 $32,091
2019 $69,296 $33,813
2018 $75,634 $34,904
2017 $72,976 $32,844
2016 $62,854 $31,392
2015 $53,506 $30,640
2014 $55,140 $36,028
2013 $50,173 $35,702
2012 $46,595 $34,854
2011 $48,255 $38,432
2010 $43,776 $35,857
2009 $41,484 $37,100
2008 $57,489 $40,829
2007 $70,483 $37,826
2006 $58,172 $33,537
2005 $57,784 $32,063
2004 $47,810 $31,348
2003 $39,944 $27,578
2002 $32,749 $22,451
2001 $29,208 $20,570
2000 $32,504 $20,190
1999 $32,834 $22,050
1998 $31,519 $22,365
1997 $28,462 $21,884
1996 $28,584 $23,123
1995 $27,565 $20,712
1994 $24,858 $19,382
1993 $24,404 $18,782
1992 $28,072 $23,297
1991 $27,740 $22,007
1990 $26,272 $20,874
1989 $23,219 $16,424
1988 $25,307 $15,781
1987 $23,238 $14,268
1986 $16,980 $11,341
1985 $12,793 $8,009
1984 $12,378 $7,758
1983 $12,080 $7,851
1982 $14,191 $7,574
1981 $15,666 $7,640
1980 $15,340 $8,476
1979 $13,082 $7,006
1978 $11,630 $5,623
1977 $10,305 $4,614
1976 $7,848 $4,042
1975 $6,680 $4,116
1974 $7,287 $3,629
1973 $5,627 $3,213
1972 $4,155 $2,677
1971 $3,366 $2,311
1970 $2,666 $2,112
1969 $2,142 $1,886
1968 $2,473 $1,718
1967 $3,284 $1,595
1966 $3,378 $1,459
1965 $2,861 $1,357
1964 $2,414 $1,272
1963 $1,924 $1,171
1962 $1,641 $1,030
1961 $1,490 $923
1960 $1,486 $837

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

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

Iceland vs. Italy life expectancy calculator

Life expectancy
Iceland

Italy
1x
Year Life expectancy, years
Iceland Italy
2026 83.3 84.2
2025 83.2 84
2024 83 83.9
2023 82.7 83.7
2022 81.6 82.1
2021 82.8 82.9
2020 82.7 82.2
2019 82.8 83.3
2018 82.5 83.2
2017 82.2 82.7
2016 81.8 83
2015 82.2 82.5
2014 82.4 82.9
2013 81.7 82.7
2012 82.3 82.3
2011 82 82.2
2010 81.6 82.1
2009 81.4 81.8
2008 81.2 81.6
2007 81.1 81.5
2006 80.9 81.4
2005 81.2 81
2004 80.7 81
2003 80.8 80.2
2002 80.3 80.1
2001 80.4 79.9
2000 79.5 79.6
1999 79.2 79.2
1998 79.4 78.8
1997 78.7 78.7
1996 78.6 78.4
1995 77.5 78.1
1994 79 77.9
1993 78.8 77.7
1992 78.6 77.4
1991 77.8 77
1990 77.7 77
1989 77.9 76.9
1988 76.9 76.5
1987 77.1 76.3
1986 77.9 75.9
1985 77.4 75.6
1984 77.3 75.5
1983 76.4 74.7
1982 76.8 74.9
1981 76.2 74.4
1980 76.6 74.1
1979 76.5 74.1
1978 76.4 73.8
1977 76.1 73.4
1976 76.6 73.1
1975 75.3 72.7
1974 74.1 72.8
1973 74.3 72.1
1972 74.4 72.1
1971 73.5 71.9
1970 73.8 71.6
1969 73.7 70.9
1968 73.9 70.9
1967 73.7 71
1966 73.1 71
1965 73.8 70.3
1964 73.5 70.4
1963 72.9 69.3
1962 73.6 69.2
1961 73.4 69.8
1960 74 69.2
1959 72.6 69.3
1958 73.3 68.9
1957 73.4 67.8
1956 72.9 67.6
1955 73.3 68.3
1954 73.3 67.9
1953 72.3 66.6
1952 72.4 65.9
1951 71 65.3
1950 71 65.7

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

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

Iceland and Italy population clocks and comparison

Population
Iceland

Italy
1x
Year Population
Iceland Italy
2024 386,506 58,952,704
2023 385,663 58,984,216
2022 382,003 59,013,667
2021 372,520 59,133,173
2020 366,463 59,438,851
2019 360,563 59,729,081
2018 352,721 60,148,658
2017 343,400 60,002,252
2016 335,439 60,115,223
2015 330,815 60,229,605
2014 327,386 60,320,707
2013 323,764 60,311,613
2012 320,716 60,191,247
2011 319,014 60,026,841
2010 318,041 59,819,407
2009 318,499 59,555,454
2008 317,414 59,211,181
2007 311,566 58,756,247
2006 303,782 58,399,861
2005 296,734 58,166,682
2004 292,074 57,828,179
2003 289,521 57,399,184
2002 287,523 57,089,824
2001 284,968 56,976,981
2000 281,205 56,942,108
1999 277,381 56,916,317
1998 274,047 56,906,744
1997 271,128 56,890,372
1996 268,916 56,860,281
1995 267,468 56,844,303
1994 266,021 56,843,400
1993 263,725 56,831,821
1992 261,057 56,797,087
1991 257,797 56,758,521
1990 254,826 56,719,240
1989 252,852 56,671,781
1988 249,740 56,629,288
1987 245,859 56,601,931
1986 243,180 56,596,155
1985 241,405 56,593,071
1984 239,511 56,576,718
1983 236,977 56,564,074
1982 233,860 56,543,548
1981 230,755 56,501,675
1980 228,138 56,433,883
1979 225,735 56,317,749
1978 223,537 56,155,143
1977 221,799 55,955,411
1976 220,154 55,718,260
1975 217,979 55,441,001
1974 215,209 55,110,868
1973 212,317 54,751,406
1972 209,137 54,381,345
1971 206,098 54,073,490
1970 204,438 53,821,850
1969 203,369 53,537,950
1968 201,488 53,235,750
1967 198,751 52,900,500
1966 195,570 52,519,000
1965 192,286 52,112,350
1964 188,983 51,675,350
1963 185,653 51,252,000
1962 182,378 50,879,450
1961 179,029 50,536,350
1960 175,574 50,199,700

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

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

Fertility rates in Iceland and Italy

Fertility rate
Iceland

Italy
1x
Year Fertility rate
Iceland Italy
2023 1.59 1.2
2022 1.59 1.24
2021 1.82 1.25
2020 1.72 1.24
2019 1.74 1.27
2018 1.71 1.31
2017 1.71 1.34
2016 1.74 1.36
2015 1.8 1.36
2014 1.93 1.38
2013 1.93 1.39
2012 2.04 1.42
2011 2.02 1.42
2010 2.2 1.44
2009 2.23 1.44
2008 2.15 1.44
2007 2.09 1.39
2006 2.08 1.37
2005 2.05 1.33
2004 2.04 1.34
2003 1.99 1.29
2002 1.93 1.27
2001 1.95 1.25
2000 2.08 1.26
1999 1.99 1.23
1998 2.05 1.22
1997 2.04 1.22
1996 2.12 1.2
1995 2.08 1.19
1994 2.14 1.21
1993 2.22 1.25
1992 2.21 1.3
1991 2.18 1.3
1990 2.3 1.33
1989 2.19 1.33
1988 2.26 1.36
1987 2.06 1.33
1986 1.92 1.35
1985 1.93 1.42
1984 2.08 1.46
1983 2.24 1.51
1982 2.27 1.56
1981 2.33 1.58
1980 2.48 1.64
1979 2.49 1.73
1978 2.35 1.84
1977 2.31 1.93
1976 2.52 2.04
1975 2.65 2.17
1974 2.66 2.28
1973 2.94 2.3
1972 3.09 2.35
1971 2.92 2.4
1970 2.81 2.38
1969 2.99 2.47
1968 3.06 2.46
1967 3.28 2.5
1966 3.59 2.58
1965 3.73 2.6
1964 3.88 2.66
1963 3.99 2.51
1962 3.98 2.46
1961 3.88 2.44
1960 4.29 2.4

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

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

Iceland and Italy demographics compared

Median age
Iceland

Italy
1x
Year Median age, years
Iceland Italy
2024 37.1 48.8
2023 36.9 48.4
2022 36.7 48.1
2021 36.7 47.7
2020 36.6 47.4
2019 36.5 47
2018 36.4 46.6
2017 36.3 46.2
2016 36.2 45.8
2015 36 45.4
2014 35.7 45
2013 35.5 44.6
2012 35.4 44.2
2011 35.1 43.9
2010 34.9 43.5
2009 34.6 43.1
2008 34.5 42.8
2007 34.6 42.6
2006 34.5 42.3
2005 34.2 41.9
2004 34 41.6
2003 33.7 41.3
2002 33.4 41
2001 33 40.6
2000 32.8 40.3
1999 32.6 39.9
1998 32.4 39.6
1997 32.1 39.4
1996 31.8 39.1
1995 31.5 38.9
1994 31.1 38.6
1993 30.8 38.2
1992 30.5 37.9
1991 30.2 37.5
1990 30 37.1
1989 29.6 36.8
1988 29.3 36.4
1987 29.1 36.1
1986 28.8 35.8
1985 28.4 35.6
1984 28 35.3
1983 27.7 34.9
1982 27.5 34.6
1981 27.2 34.3
1980 26.9 34.1
1979 26.7 34
1978 26.4 33.9
1977 26 33.7
1976 25.7 33.6
1975 25.4 33.5
1974 25.1 33.4
1973 24.9 33.3
1972 24.8 33.2
1971 24.7 33.1
1970 24.5 33
1969 24.3 32.8
1968 24.2 32.7
1967 24.1 32.5
1966 24.1 32.4
1965 24.2 32.3
1964 24.4 32.2
1963 24.7 32.1
1962 24.9 32
1961 25.2 31.8
1960 25.4 31.6

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Italy
GNI, Atlas method
$31.8B
2024
$2.28T
2024
Government expenditure, % of GDP
46.5%
2024
50.6%
2024
Education expenditure, % of GDP
7.29%
2022
4.07%
2022
Military expenditure, % of GDP n/a
1.61%
2024
Armed forces personnel
0
2020
338,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-3.45%
2024
Unemployment rate
3.56%
2024
6.5%
2024
Services, % of GDP
64.9%
2024
65%
2024
Industry, % of GDP
20.1%
2024
22.3%
2024
Economic freedom index
75
2026
63.3
2026
Income share by richest 10%
22.4%
2019
25.8%
2023
Income share by poorest 10%
3.7%
2019
2.3%
2023
Number of millionaires n/a
1,344,000
2025
Percentage of millionaires n/a
2.74%
2025
Number of billionaires
1
2025
74
2025
Percentage of billionaires
0.0003%
2025
0.0002%
2025
Listed domestic companies
34
2004
290
2014
Market capitalization of domestic companies n/a
$587B
2014
Total reserves including gold
$6.4B
2024
$291B
2024
Personal remittances received
$246M
2024
$11.2B
2024
International tourist arrivals
488,000
2020
38,419,000
2020
International tourism as share of exports
11.9%
2008
3.65%
2020
Banked people share
99.9%
2024
86%
2024

Energy

Iceland Italy
Energy use, kg of oil equivalent per capita
15,686 kg
2023
2,298 kg
2023
GDP PPP per kg equivalent of energy use
$5.2
2023
$26.1
2023
Carbon dioxide (CO2) emissions
3.29 megatons
2024
299.2 megatons
2024
CO2 emissions per capita
8.52 tons
2024
5.08 tons
2024
Fossil fuel energy use share
10.3%
2023
76.8%
2023
Renewable energy use share
82.4%
2021
17.5%
2021
Alternative and nuclear energy use share
88.8%
2023
9.95%
2023
Net energy imports use share
20.5%
2009
79.6%
2023
Electric power consumption per capita
50,951 kWh
2023
5,047 kWh
2023
Renewable electricity output share
100%
2016
41%
2021
Hydroelectric share
70.3%
2023
15.9%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Iceland Italy
% of world population
0.005%
2024
0.73%
2024
Annual migration change
+2,709
2025
+75,448
2025
Urban population
94.2%
2024
69.6%
2024
Male:Female ratio
51.2:48.8
2024
48.9:51.1
2024
Average male height
5.97 ft
2025
5.72 ft
2025
Average female height
5.54 ft
2025
5.31 ft
2025
Quality of life index
93.6
2026
81
2026
Corruption Perceptions Index
77
2025
53
2025
Higher education index
79
2026
91
2026
Homicides per 100K people
1.07
2022
0.55
2022
Road traffic mortality per 100K people
2
2019
5.3
2019
Visa free countries
168
2025
172
2025
Adult literacy rate
99%
2003
99.3%
2019
English speaking
98%
2023
13.6%
2023
People using the Internet
99.8%
2023
89.2%
2024

Health

Iceland Italy
Government health expenditure per capita
$7,642
2024
$3,398
2024
Out-of-pocket health expenditure per capita
$1,137
2024
$758
2024
Life expectancy
83.3 years
2026
84.2 years
2026
Foreign aid share of health expenditure
0%
2023
0%
2023
Physicians per 1,000 people
4.37
2023
4.19
2022
Age at first childbirth
28.8 years
2023
31.8 years
2023
Maternal mortality per 100K births
3
2023
6
2023
Mortality rate before reaching 5 years of age
2.6
2023
2.8
2023
Obesity rate
21.8%
2022
17.8%
2022
Diabetes prevalence
6.9%
2024
7.7%
2024
Air quality index
98
2026
61
2026
Tobacco use prevalence
9.4%
2022
22.4%
2022
Pure alcohol consumption per capita
7.94 liters
2020
6.97 liters
2020

Territory

Iceland Italy
% of world land
0.07%
2026
0.2%
2026
Land area per capita
100,725 sq mi
2024
1,937 sq mi
2024
Agricultural land area
6,324 sq mi
2026
50,531 sq mi
2026
Forest area
205.8 sq mi
2026
37,558 sq mi
2026
Roads length
8,014 mi
2012
303,043 mi
2007

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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