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Iceland vs Madagascar statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 32M in Madagascar (ranked 49/197). Iceland's land area is 38,931 sq mi versus 224,634 sq mi for Madagascar (ranked 104th vs. 44th).

By GDP, Iceland ranks 108/197 ($33.3B) and Madagascar ranks 136/197 ($17.4B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Madagascar ranks 193/197 ($545).

Main facts and rankings

Iceland Madagascar
Population
397129
33750171
Population rank 173/197 49/197
GDP
$33.3B
2024
$17.4B
2024
GDP rank 108/197 136/197
GDP per capita
$86,041
2024
$545
2024
GDP per capita rank 9/197 193/197
GDP per capita, PPP
$84,257
2024
$1,884
2024
Government debt
$19.8B
2024
$8.77B
2024
Debt-to-GDP ratio
59.4%
2024
50.3%
2024
Government debt per person
$51,148
2024
$274.3
2024
Government debt per person rank 9/185 180/185
Average annual personal income after taxes
$55,565
2026
$1,268
2026
Land area 38,931 sq mi 224,634 sq mi
Population density
10.2 ppl/mi²
2026
149.3 ppl/mi²
2026
Fertility rate
1.59
2023
3.97
2023
Median age
37.1 years
2024
20 years
2024
Life expectancy
83.3 years
2026
64.3 years
2026

Iceland and Madagascar: Comparison Charts

Iceland and Madagascar economies compared

GDP
Iceland

Madagascar
1x
Year GDP
Iceland Madagascar
2024 $33,255,181,469 $17,420,501,490
2023 $31,677,891,897 $15,869,945,478
2022 $29,166,102,877 $15,325,603,273
2021 $26,234,872,402 $14,354,731,964
2020 $22,034,665,041 $13,051,441,204
2019 $24,985,687,022 $14,104,664,679
2018 $26,677,652,544 $13,760,033,282
2017 $25,060,086,488 $13,176,313,594
2016 $21,083,713,310 $11,848,613,858
2015 $17,700,486,957 $11,323,020,701
2014 $18,052,183,515 $12,522,957,399
2013 $16,244,319,959 $12,423,555,455
2012 $14,943,757,823 $11,578,975,062
2011 $15,394,005,872 $11,551,819,618
2010 $13,922,711,577 $9,982,711,338
2009 $13,212,543,838 $9,616,879,409
2008 $18,247,921,360 $10,725,137,724
2007 $21,960,110,030 $8,524,620,890
2006 $17,671,649,843 $6,395,712,491
2005 $17,146,410,561 $5,859,269,753
2004 $13,963,943,244 $5,064,732,626
2003 $11,564,687,742 $6,372,498,890
2002 $9,416,199,700 $5,351,701,663
2001 $8,323,401,820 $5,438,332,602
2000 $9,140,168,922 $4,629,247,204
1999 $9,107,644,691 $4,277,903,780
1998 $8,637,732,542 $4,401,967,633
1997 $7,716,781,803 $4,262,965,420
1996 $7,686,566,105 $4,931,861,039
1995 $7,372,640,169 $3,838,100,904
1994 $6,612,804,056 $3,522,227,092
1993 $6,435,952,174 $4,063,298,919
1992 $7,328,497,599 $3,714,966,678
1991 $7,151,260,062 $3,254,713,056
1990 $6,694,851,159 $3,931,334,875
1989 $5,870,854,233 $3,175,638,333
1988 $6,320,093,411 $3,189,456,965
1987 $5,713,281,235 $3,212,900,556
1986 $4,129,080,094 $4,347,989,788
1985 $3,088,359,967 $3,802,557,895
1984 $2,964,568,006 $3,905,938,481
1983 $2,862,634,164 $4,686,457,031
1982 $3,318,714,326 $4,784,977,326
1981 $3,615,094,820 $4,759,333,998
1980 $3,499,616,683 $5,201,818,348
1979 $2,953,176,971 $3,463,565,854
1978 $2,599,627,089 $2,669,755,115
1977 $2,285,707,749 $2,358,930,406
1976 $1,727,845,419 $2,181,844,179
1975 $1,456,052,700 $2,283,049,215
1974 $1,568,154,077 $1,917,508,190
1973 $1,194,794,186 $1,653,062,335
1972 $869,002,946 $1,341,590,690
1971 $693,679,545 $1,199,507,631
1970 $545,115,909 $1,111,859,571
1969 $435,659,610 $1,056,391,056
1968 $498,365,200 $1,031,669,637
1967 $652,609,076 $956,436,932
1966 $660,663,763 $900,264,585
1965 $550,150,988 $833,563,473
1964 $456,206,299 $802,482,184
1963 $357,240,896 $759,345,864
1962 $299,309,938 $739,286,908
1961 $266,711,460 $699,161,945
1960 $260,984,499 $673,081,725

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

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

Iceland and Madagascar economies compared

GDP per capita
Iceland

Madagascar
1x
Year GDP per capita
Iceland Madagascar
2024 $86,041 $545
2023 $82,139 $509
2022 $76,350 $504
2021 $70,425 $483
2020 $60,128 $451
2019 $69,296 $500
2018 $75,634 $500
2017 $72,976 $492
2016 $62,854 $454
2015 $53,506 $445
2014 $55,140 $506
2013 $50,173 $515
2012 $46,595 $494
2011 $48,255 $506
2010 $43,776 $450
2009 $41,484 $446
2008 $57,489 $513
2007 $70,483 $420
2006 $58,172 $324
2005 $57,784 $306
2004 $47,810 $272.2
2003 $39,944 $353
2002 $32,749 $305
2001 $29,208 $319
2000 $32,504 $280.3
1999 $32,834 $267.4
1998 $31,519 $284.2
1997 $28,462 $284.4
1996 $28,584 $340
1995 $27,565 $273.1
1994 $24,858 $258.7
1993 $24,404 $308
1992 $28,072 $290.2
1991 $27,740 $262
1990 $26,272 $326
1989 $23,219 $271.3
1988 $25,307 $280.5
1987 $23,238 $290.8
1986 $16,980 $405
1985 $12,793 $364
1984 $12,378 $385
1983 $12,080 $476
1982 $14,191 $501
1981 $15,666 $513
1980 $15,340 $578
1979 $13,082 $396
1978 $11,630 $315
1977 $10,305 $286.9
1976 $7,848 $273.5
1975 $6,680 $295
1974 $7,287 $255.3
1973 $5,627 $226.8
1972 $4,155 $189.6
1971 $3,366 $174.6
1970 $2,666 $166.6
1969 $2,142 $162.9
1968 $2,473 $163.6
1967 $3,284 $155.9
1966 $3,378 $150.7
1965 $2,861 $143.2
1964 $2,414 $141.5
1963 $1,924 $137.4
1962 $1,641 $137.3
1961 $1,490 $133.3
1960 $1,486 $131.7

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

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

Iceland vs. Madagascar life expectancy calculator

Life expectancy
Iceland

Madagascar
1x
Year Life expectancy, years
Iceland Madagascar
2026 83.3 64.3
2025 83.2 64
2024 83 63.8
2023 82.7 63.6
2022 81.6 63.1
2021 82.8 62.5
2020 82.7 62.7
2019 82.8 63.5
2018 82.5 63.5
2017 82.2 63.4
2016 81.8 63.4
2015 82.2 63.4
2014 82.4 63.3
2013 81.7 63.2
2012 82.3 63
2011 82 62.9
2010 81.6 62.6
2009 81.4 62.3
2008 81.2 62
2007 81.1 61.5
2006 80.9 61.1
2005 81.2 60.7
2004 80.7 60.2
2003 80.8 59.7
2002 80.3 59.2
2001 80.4 58.7
2000 79.5 58
1999 79.2 57.4
1998 79.4 56.8
1997 78.7 56.1
1996 78.6 55.5
1995 77.5 54.8
1994 79 54.2
1993 78.8 53.7
1992 78.6 52.9
1991 77.8 52.6
1990 77.7 52.1
1989 77.9 51.8
1988 76.9 51.4
1987 77.1 51.1
1986 77.9 50.7
1985 77.4 50.4
1984 77.3 50.2
1983 76.4 50.1
1982 76.8 50
1981 76.2 49.8
1980 76.6 50
1979 76.5 50.1
1978 76.4 50
1977 76.1 49.9
1976 76.6 49.8
1975 75.3 49.6
1974 74.1 49.3
1973 74.3 48.9
1972 74.4 48.5
1971 73.5 48.2
1970 73.8 47.9
1969 73.7 47.3
1968 73.9 46.9
1967 73.7 46.5
1966 73.1 46
1965 73.8 45.4
1964 73.5 45
1963 72.9 44.6
1962 73.6 44.2
1961 73.4 43.8
1960 74 43.3
1959 72.6 43
1958 73.3 42.5
1957 73.4 42.1
1956 72.9 41.7
1955 73.3 41.3
1954 73.3 40.9
1953 72.3 40.7
1952 72.4 40.3
1951 71 39.9
1950 71 39.7

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

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

Iceland and Madagascar population clocks and comparison

Population
Iceland

Madagascar
1x
Year Population
Iceland Madagascar
2024 386,506 31,964,956
2023 385,663 31,195,932
2022 382,003 30,437,261
2021 372,520 29,691,083
2020 366,463 28,953,556
2019 360,563 28,219,554
2018 352,721 27,494,926
2017 343,400 26,788,375
2016 335,439 26,099,952
2015 330,815 25,426,702
2014 327,386 24,764,348
2013 323,764 24,109,290
2012 320,716 23,462,438
2011 319,014 22,822,300
2010 318,041 22,183,340
2009 318,499 21,547,280
2008 317,414 20,923,840
2007 311,566 20,318,583
2006 303,782 19,730,909
2005 296,734 19,159,707
2004 292,074 18,606,608
2003 289,521 18,071,854
2002 287,523 17,549,913
2001 284,968 17,032,939
2000 281,205 16,516,338
1999 277,381 16,000,506
1998 274,047 15,489,364
1997 271,128 14,990,814
1996 268,916 14,510,711
1995 267,468 14,051,275
1994 266,021 13,613,850
1993 263,725 13,197,345
1992 261,057 12,800,870
1991 257,797 12,421,412
1990 254,826 12,055,639
1989 252,852 11,704,998
1988 249,740 11,369,462
1987 245,859 11,047,291
1986 243,180 10,736,857
1985 241,405 10,433,142
1984 239,511 10,134,550
1983 236,977 9,843,044
1982 233,860 9,557,671
1981 230,755 9,279,011
1980 228,138 9,006,032
1979 225,735 8,737,581
1978 223,537 8,475,864
1977 221,799 8,222,240
1976 220,154 7,976,831
1975 217,979 7,739,336
1974 215,209 7,509,726
1973 212,317 7,288,048
1972 209,137 7,074,398
1971 206,098 6,868,868
1970 204,438 6,672,003
1969 203,369 6,484,716
1968 201,488 6,306,493
1967 198,751 6,136,486
1966 195,570 5,974,279
1965 192,286 5,819,116
1964 188,983 5,669,863
1963 185,653 5,525,185
1962 182,378 5,384,150
1961 179,029 5,246,158
1960 175,574 5,111,029

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

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

Fertility rates in Iceland and Madagascar

Fertility rate
Iceland

Madagascar
1x
Year Fertility rate
Iceland Madagascar
2023 1.59 3.97
2022 1.59 4.04
2021 1.82 4.1
2020 1.72 4.17
2019 1.74 4.22
2018 1.71 4.25
2017 1.71 4.26
2016 1.74 4.29
2015 1.8 4.34
2014 1.93 4.42
2013 1.93 4.53
2012 2.04 4.61
2011 2.02 4.74
2010 2.2 4.9
2009 2.23 5
2008 2.15 5.04
2007 2.09 5.08
2006 2.08 5.13
2005 2.05 5.2
2004 2.04 5.26
2003 1.99 5.33
2002 1.93 5.41
2001 1.95 5.53
2000 2.08 5.67
1999 1.99 5.84
1998 2.05 5.99
1997 2.04 6.02
1996 2.12 6.03
1995 2.08 6.04
1994 2.14 6.04
1993 2.22 6.06
1992 2.21 6.08
1991 2.18 6.12
1990 2.3 6.14
1989 2.19 6.15
1988 2.26 6.18
1987 2.06 6.24
1986 1.92 6.34
1985 1.93 6.46
1984 2.08 6.55
1983 2.24 6.63
1982 2.27 6.7
1981 2.33 6.77
1980 2.48 6.84
1979 2.49 6.87
1978 2.35 6.9
1977 2.31 6.93
1976 2.52 6.95
1975 2.65 6.97
1974 2.66 6.99
1973 2.94 7.01
1972 3.09 7.04
1971 2.92 7.07
1970 2.81 7.1
1969 2.99 7.12
1968 3.06 7.13
1967 3.28 7.14
1966 3.59 7.16
1965 3.73 7.17
1964 3.88 7.19
1963 3.99 7.21
1962 3.98 7.26
1961 3.88 7.3
1960 4.29 7.34

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

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

Iceland and Madagascar demographics compared

Median age
Iceland

Madagascar
1x
Year Median age, years
Iceland Madagascar
2024 37.1 20
2023 36.9 19.9
2022 36.7 19.7
2021 36.7 19.6
2020 36.6 19.4
2019 36.5 19.3
2018 36.4 19.1
2017 36.3 18.9
2016 36.2 18.7
2015 36 18.6
2014 35.7 18.4
2013 35.5 18.2
2012 35.4 18.1
2011 35.1 17.9
2010 34.9 17.8
2009 34.6 17.7
2008 34.5 17.6
2007 34.6 17.5
2006 34.5 17.4
2005 34.2 17.3
2004 34 17.3
2003 33.7 17.2
2002 33.4 17.2
2001 33 17.2
2000 32.8 17.2
1999 32.6 17.2
1998 32.4 17.2
1997 32.1 17.1
1996 31.8 17.1
1995 31.5 17.1
1994 31.1 17.1
1993 30.8 17
1992 30.5 17
1991 30.2 16.9
1990 30 16.9
1989 29.6 16.8
1988 29.3 16.7
1987 29.1 16.6
1986 28.8 16.6
1985 28.4 16.5
1984 28 16.5
1983 27.7 16.4
1982 27.5 16.4
1981 27.2 16.4
1980 26.9 16.4
1979 26.7 16.5
1978 26.4 16.5
1977 26 16.5
1976 25.7 16.6
1975 25.4 16.6
1974 25.1 16.6
1973 24.9 16.6
1972 24.8 16.6
1971 24.7 16.7
1970 24.5 16.7
1969 24.3 16.6
1968 24.2 16.7
1967 24.1 16.7
1966 24.1 16.7
1965 24.2 16.8
1964 24.4 16.8
1963 24.7 17
1962 24.9 17.2
1961 25.2 17.5
1960 25.4 17.9

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Madagascar
GNI, Atlas method
$31.8B
2024
$16.4B
2024
Government expenditure, % of GDP
46.5%
2024
16.2%
2024
Education expenditure, % of GDP
7.29%
2022
3.05%
2023
Military expenditure, % of GDP n/a
0.71%
2024
Armed forces personnel
0
2020
22,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-2.48%
2024
Unemployment rate
3.56%
2024
3.19%
2022
Services, % of GDP
64.9%
2024
47.7%
2024
Industry, % of GDP
20.1%
2024
22.8%
2024
Economic freedom index
75
2026
57
2026
Income share by richest 10%
22.4%
2019
29.6%
2021
Income share by poorest 10%
3.7%
2019
2.9%
2021
Number of billionaires
1
2025
n/a
Percentage of billionaires
0.0003%
2025
n/a
Listed domestic companies
34
2004
n/a
Total reserves including gold
$6.4B
2024
$2.78B
2024
Personal remittances received
$246M
2024
$406M
2024
International tourist arrivals
488,000
2020
87,099
2020
International tourism as share of exports
11.9%
2008
7.8%
2020
Banked people share
99.9%
2024
24.5%
2024

Energy

Iceland Madagascar
Energy use, kg of oil equivalent per capita
15,686 kg
2023
309 kg
2022
GDP PPP per kg equivalent of energy use
$5.2
2023
$5.56
2022
Carbon dioxide (CO2) emissions
3.29 megatons
2024
4.68 megatons
2024
CO2 emissions per capita
8.52 tons
2024
0.15 tons
2024
Fossil fuel energy use share
10.3%
2023
0%
2022
Renewable energy use share
82.4%
2021
83.1%
2022
Alternative and nuclear energy use share
88.8%
2023
0.8%
2022
Net energy imports use share
20.5%
2009
13.7%
2017
Electric power consumption per capita
50,951 kWh
2023
81.3 kWh
2022
Renewable electricity output share
100%
2016
34%
2021
Hydroelectric share
70.3%
2023
31.5%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
39.4%
2023

Society

Iceland Madagascar
% of world population
0.005%
2024
0.39%
2024
Annual migration change
+2,709
2025
-2,227
2025
Urban population
94.2%
2024
32.4%
2024
Male:Female ratio
51.2:48.8
2024
50.2:49.8
2024
Average male height
5.97 ft
2025
5.42 ft
2025
Average female height
5.54 ft
2025
5.02 ft
2025
Quality of life index
93.6
2026
22.6
2026
Corruption Perceptions Index
77
2025
25
2025
Higher education index
79
2026
31
2026
Homicides per 100K people
1.07
2022
7.69
2015
Road traffic mortality per 100K people
2
2019
29.2
2019
Visa free countries
168
2025
67
2025
Adult literacy rate
99%
2003
77.5%
2022
English speaking
98%
2023
18%
2023
People using the Internet
99.8%
2023
20.4%
2023

Health

Iceland Madagascar
Government health expenditure per capita
$7,642
2024
$17.4
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$4.78
2023
Life expectancy
83.3 years
2026
64.3 years
2026
Foreign aid share of health expenditure
0%
2023
38.1%
2023
Physicians per 1,000 people
4.37
2023
0.17
2022
Age at first childbirth
28.8 years
2023
19.5 years
2025
Maternal mortality per 100K births
3
2023
445
2023
Mortality rate before reaching 5 years of age
2.6
2023
64.8
2023
Obesity rate
21.8%
2022
4.45%
2022
Diabetes prevalence
6.9%
2024
4.6%
2024
Air quality index
98
2026
38
2026
Tobacco use prevalence
9.4%
2022
26.8%
2022
Pure alcohol consumption per capita
7.94 liters
2020
0.99 liters
2020

Territory

Iceland Madagascar
% of world land
0.07%
2026
0.39%
2026
Land area per capita
100,725 sq mi
2024
7,028 sq mi
2024
Agricultural land area
6,324 sq mi
2026
157,896 sq mi
2026
Forest area
205.8 sq mi
2026
47,839 sq mi
2026
Roads length
8,014 mi
2012
19,660 mi
2018

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) (2000–2025, 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. Passport Index (2025, retrieved 2026-02-08)
  9. Transparency International (2025, retrieved 2026-02-10)
  10. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  11. EduRank (2026, retrieved 2025-10-13)
  12. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)

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