Skip to content

Iceland vs Malawi statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 21.7M in Malawi (ranked 62/197). Iceland's land area is 38,931 sq mi versus 36,402 sq mi for Malawi (ranked 104th vs. 107th).

By GDP, Iceland ranks 108/197 ($33.3B) and Malawi ranks 151/197 ($11.3B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Malawi ranks 194/197 ($523).

Main facts and rankings

Iceland Malawi
Population
397129
22949294
Population rank 173/197 61/197
GDP
$33.3B
2024
$11.3B
2024
GDP rank 108/197 151/197
GDP per capita
$86,041
2024
$523
2024
GDP per capita rank 9/197 194/197
GDP per capita, PPP
$84,257
2024
$1,858
2024
Government debt
$19.8B
2024
$9.91B
2024
Debt-to-GDP ratio
59.4%
2024
87.6%
2024
Government debt per person
$51,148
2024
$458
2024
Government debt per person rank 9/185 168/185
Average annual personal income after taxes
$55,565
2026
$3,031
2026
Land area 38,931 sq mi 36,402 sq mi
Population density
10.2 ppl/mi²
2026
626 ppl/mi²
2026
Fertility rate
1.59
2023
3.65
2023
Median age
37.1 years
2024
18.9 years
2024
Life expectancy
83.3 years
2026
67.9 years
2026

Iceland and Malawi: Comparison Charts

Iceland and Malawi economies compared

GDP
Iceland

Malawi
1x
Year GDP
Iceland Malawi
2024 $33,255,181,469 $11,316,411,329
2023 $31,677,891,897 $13,363,669,673
2022 $29,166,102,877 $12,429,059,928
2021 $26,234,872,402 $12,378,119,199
2020 $22,034,665,041 $11,769,313,598
2019 $24,985,687,022 $11,051,852,713
2018 $26,677,652,544 $9,879,220,354
2017 $25,060,086,488 $8,943,543,794
2016 $21,083,713,310 $7,909,868,618
2015 $17,700,486,957 $9,219,474,379
2014 $18,052,183,515 $8,801,326,169
2013 $16,244,319,959 $8,031,571,928
2012 $14,943,757,823 $8,773,203,178
2011 $15,394,005,872 $11,648,142,958
2010 $13,922,711,577 $10,128,323,011
2009 $13,212,543,838 $9,009,887,947
2008 $18,247,921,360 $7,743,617,352
2007 $21,960,110,030 $6,451,210,219
2006 $17,671,649,843 $5,818,279,739
2005 $17,146,410,561 $5,320,409,651
2004 $13,963,943,244 $5,058,726,350
2003 $11,564,687,742 $4,669,789,300
2002 $9,416,199,700 $5,087,328,438
2001 $8,323,401,820 $2,498,008,665
2000 $9,140,168,922 $2,537,307,580
1999 $9,107,644,691 $2,584,478,924
1998 $8,637,732,542 $2,547,609,590
1997 $7,716,781,803 $3,875,785,863
1996 $7,686,566,105 $3,319,573,750
1995 $7,372,640,169 $2,033,701,498
1994 $6,612,804,056 $1,719,864,761
1993 $6,435,952,174 $3,013,392,658
1992 $7,328,497,599 $2,618,837,835
1991 $7,151,260,062 $3,206,783,830
1990 $6,694,851,159 $2,737,087,862
1989 $5,870,854,233 $2,314,205,130
1988 $6,320,093,411 $2,008,189,508
1987 $5,713,281,235 $1,721,711,808
1986 $4,129,080,094 $1,722,586,299
1985 $3,088,359,967 $1,646,442,273
1984 $2,964,568,006 $1,758,028,656
1983 $2,862,634,164 $1,780,148,049
1982 $3,318,714,326 $1,717,379,495
1981 $3,615,094,820 $1,801,193,910
1980 $3,499,616,683 $1,801,156,775
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/malawi | CC BY

Iceland and Malawi economies compared

GDP per capita
Iceland

Malawi
1x
Year GDP per capita
Iceland Malawi
2024 $86,041 $523
2023 $82,139 $633
2022 $76,350 $604
2021 $70,425 $617
2020 $60,128 $603
2019 $69,296 $581
2018 $75,634 $533
2017 $72,976 $496
2016 $62,854 $451
2015 $53,506 $540
2014 $55,140 $530
2013 $50,173 $497
2012 $46,595 $558
2011 $48,255 $763
2010 $43,776 $683
2009 $41,484 $626
2008 $57,489 $554
2007 $70,483 $475
2006 $58,172 $441
2005 $57,784 $414
2004 $47,810 $405
2003 $39,944 $383
2002 $32,749 $428
2001 $29,208 $215.5
2000 $32,504 $224.2
1999 $32,834 $233.9
1998 $31,519 $236
1997 $28,462 $367
1996 $28,584 $321
1995 $27,565 $200.4
1994 $24,858 $169.2
1993 $24,404 $293
1992 $28,072 $258.4
1991 $27,740 $326
1990 $26,272 $286.7
1989 $23,219 $252.2
1988 $25,307 $229.4
1987 $23,238 $207.6
1986 $16,980 $217.9
1985 $12,793 $216.1
1984 $12,378 $239.7
1983 $12,080 $252.4
1982 $14,191 $253.3
1981 $15,666 $276.4
1980 $15,340 $287.5
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/malawi | CC BY

Iceland vs. Malawi life expectancy calculator

Life expectancy
Iceland

Malawi
1x
Year Life expectancy, years
Iceland Malawi
2026 83.3 67.9
2025 83.2 67.7
2024 83 67.6
2023 82.7 67.4
2022 81.6 66
2021 82.8 64.8
2020 82.7 65.2
2019 82.8 65
2018 82.5 64.5
2017 82.2 63.9
2016 81.8 63.2
2015 82.2 62.3
2014 82.4 61.7
2013 81.7 60.8
2012 82.3 59.9
2011 82 58.9
2010 81.6 57.8
2009 81.4 56.7
2008 81.2 55.7
2007 81.1 54.7
2006 80.9 53.7
2005 81.2 52.5
2004 80.7 51.1
2003 80.8 49.6
2002 80.3 48.2
2001 80.4 47.2
2000 79.5 46.2
1999 79.2 45.1
1998 79.4 44.3
1997 78.7 44.2
1996 78.6 44
1995 77.5 43.8
1994 79 43.8
1993 78.8 43.6
1992 78.6 43.6
1991 77.8 43.5
1990 77.7 43.6
1989 77.9 43.5
1988 76.9 43.6
1987 77.1 43.9
1986 77.9 44.3
1985 77.4 44.6
1984 77.3 44.8
1983 76.4 45
1982 76.8 44.8
1981 76.2 44.7
1980 76.6 44.3
1979 76.5 43.7
1978 76.4 43
1977 76.1 42
1976 76.6 41
1975 75.3 40.1
1974 74.1 39.2
1973 74.3 38.4
1972 74.4 37.6
1971 73.5 37.1
1970 73.8 36.6
1969 73.7 36.3
1968 73.9 36.1
1967 73.7 35.9
1966 73.1 35.8
1965 73.8 35.7
1964 73.5 35.7
1963 72.9 35.6
1962 73.6 35.4
1961 73.4 35.2
1960 74 35
1959 72.6 34.8
1958 73.3 34.4
1957 73.4 34.1
1956 72.9 33.8
1955 73.3 33.6
1954 73.3 33.3
1953 72.3 33.2
1952 72.4 33
1951 71 32.8
1950 71 32.7

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

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

Iceland and Malawi population clocks and comparison

Population
Iceland

Malawi
1x
Year Population
Iceland Malawi
2024 386,506 21,655,286
2023 385,663 21,104,482
2022 382,003 20,568,728
2021 372,520 20,047,258
2020 366,463 19,533,888
2019 360,563 19,025,752
2018 352,721 18,528,081
2017 343,400 18,039,715
2016 335,439 17,557,739
2015 330,815 17,085,587
2014 327,386 16,621,538
2013 323,764 16,161,816
2012 320,716 15,709,577
2011 319,014 15,265,022
2010 318,041 14,826,463
2009 318,499 14,395,788
2008 317,414 13,976,417
2007 311,566 13,576,343
2006 303,782 13,198,701
2005 296,734 12,840,031
2004 292,074 12,500,737
2003 289,521 12,181,574
2002 287,523 11,880,440
2001 284,968 11,593,058
2000 281,205 11,315,942
1999 277,381 11,047,804
1998 274,047 10,792,876
1997 271,128 10,562,035
1996 268,916 10,352,228
1995 267,468 10,150,117
1994 266,021 10,164,894
1993 263,725 10,284,024
1992 261,057 10,135,079
1991 257,797 9,844,227
1990 254,826 9,545,852
1989 252,852 9,176,220
1988 249,740 8,753,262
1987 245,859 8,293,174
1986 243,180 7,906,480
1985 241,405 7,620,508
1984 239,511 7,332,810
1983 236,977 7,051,709
1982 233,860 6,778,879
1981 230,755 6,516,454
1980 228,138 6,265,529
1979 225,735 6,028,749
1978 223,537 5,810,132
1977 221,799 5,614,983
1976 220,154 5,443,384
1975 217,979 5,287,367
1974 215,209 5,141,337
1973 212,317 5,003,938
1972 209,137 4,874,475
1971 206,098 4,751,434
1970 204,438 4,633,944
1969 203,369 4,521,184
1968 201,488 4,411,054
1967 198,751 4,303,012
1966 195,570 4,197,926
1965 192,286 4,096,157
1964 188,983 3,997,305
1963 185,653 3,900,506
1962 182,378 3,806,307
1961 179,029 3,715,534
1960 175,574 3,628,134

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

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

Fertility rates in Iceland and Malawi

Fertility rate
Iceland

Malawi
1x
Year Fertility rate
Iceland Malawi
2023 1.59 3.65
2022 1.59 3.72
2021 1.82 3.79
2020 1.72 3.88
2019 1.74 3.95
2018 1.71 4.02
2017 1.71 4.11
2016 1.74 4.22
2015 1.8 4.38
2014 1.93 4.57
2013 1.93 4.76
2012 2.04 4.9
2011 2.02 5.08
2010 2.2 5.26
2009 2.23 5.45
2008 2.15 5.61
2007 2.09 5.72
2006 2.08 5.8
2005 2.05 5.85
2004 2.04 5.86
2003 1.99 5.88
2002 1.93 5.9
2001 1.95 5.94
2000 2.08 6
1999 1.99 6.12
1998 2.05 6.21
1997 2.04 6.23
1996 2.12 6.29
1995 2.08 6.39
1994 2.14 6.49
1993 2.22 6.57
1992 2.21 6.63
1991 2.18 6.68
1990 2.3 6.74
1989 2.19 6.8
1988 2.26 6.88
1987 2.06 6.97
1986 1.92 7.07
1985 1.93 7.17
1984 2.08 7.27
1983 2.24 7.36
1982 2.27 7.45
1981 2.33 7.49
1980 2.48 7.52
1979 2.49 7.47
1978 2.35 7.43
1977 2.31 7.41
1976 2.52 7.39
1975 2.65 7.36
1974 2.66 7.34
1973 2.94 7.34
1972 3.09 7.33
1971 2.92 7.31
1970 2.81 7.3
1969 2.99 7.27
1968 3.06 7.26
1967 3.28 7.21
1966 3.59 7.17
1965 3.73 7.13
1964 3.88 7.11
1963 3.99 7.13
1962 3.98 7.1
1961 3.88 7.07
1960 4.29 7.04

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

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

Iceland and Malawi demographics compared

Median age
Iceland

Malawi
1x
Year Median age, years
Iceland Malawi
2024 37.1 18.9
2023 36.9 18.7
2022 36.7 18.4
2021 36.7 18.2
2020 36.6 18
2019 36.5 17.8
2018 36.4 17.6
2017 36.3 17.4
2016 36.2 17.2
2015 36 17.1
2014 35.7 17
2013 35.5 16.9
2012 35.4 16.8
2011 35.1 16.8
2010 34.9 16.7
2009 34.6 16.7
2008 34.5 16.8
2007 34.6 16.8
2006 34.5 16.8
2005 34.2 16.8
2004 34 16.8
2003 33.7 16.8
2002 33.4 16.8
2001 33 16.8
2000 32.8 16.8
1999 32.6 16.7
1998 32.4 16.8
1997 32.1 16.8
1996 31.8 16.8
1995 31.5 16.9
1994 31.1 16.9
1993 30.8 17
1992 30.5 17.1
1991 30.2 17.2
1990 30 17.3
1989 29.6 17.4
1988 29.3 17.5
1987 29.1 17.4
1986 28.8 17.3
1985 28.4 17.3
1984 28 17.3
1983 27.7 17.3
1982 27.5 17.3
1981 27.2 17.3
1980 26.9 17.3
1979 26.7 17.4
1978 26.4 17.4
1977 26 17.4
1976 25.7 17.5
1975 25.4 17.5
1974 25.1 17.6
1973 24.9 17.7
1972 24.8 17.8
1971 24.7 17.9
1970 24.5 18
1969 24.3 18.2
1968 24.2 18.3
1967 24.1 18.3
1966 24.1 18.3
1965 24.2 18.4
1964 24.4 18.3
1963 24.7 18.3
1962 24.9 18.3
1961 25.2 18.3
1960 25.4 18.2

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

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

Interactive Maps

Use the buttons below to switch between world maps comparing statistics for Iceland and Malawi.

1x
1x
1x
1x
1x
1x
1x

National statistics comparison

Finance

Iceland Malawi
GNI, Atlas method
$31.8B
2024
$12.3B
2024
Government expenditure, % of GDP
46.5%
2024
29.5%
2024
Education expenditure, % of GDP
7.29%
2022
2.75%
2022
Military expenditure, % of GDP n/a
1.02%
2024
Armed forces personnel
0
2020
15,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-11%
2024
Unemployment rate
3.56%
2024
15.4%
2024
Services, % of GDP
64.9%
2024
44.2%
2024
Industry, % of GDP
20.1%
2024
17.1%
2024
Economic freedom index
75
2026
50.7
2026
Income share by richest 10%
22.4%
2019
31%
2019
Income share by poorest 10%
3.7%
2019
2.9%
2019
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
$594M
2020
Personal remittances received
$246M
2024
$187M
2024
International tourist arrivals
488,000
2020
871,000
2018
International tourism as share of exports
11.9%
2008
2.68%
2020
Banked people share
99.9%
2024
50.4%
2024

Energy

Iceland Malawi
Energy use, kg of oil equivalent per capita
15,686 kg
2023
n/a
GDP PPP per kg equivalent of energy use
$5.2
2023
n/a
Carbon dioxide (CO2) emissions
3.29 megatons
2024
4.79 megatons
2024
CO2 emissions per capita
8.52 tons
2024
0.22 tons
2024
Fossil fuel energy use share
10.3%
2023
n/a
Renewable energy use share
82.4%
2021
62.9%
2022
Alternative and nuclear energy use share
88.8%
2023
n/a
Net energy imports use share
20.5%
2009
n/a
Electric power consumption per capita
50,951 kWh
2023
n/a
Renewable electricity output share
100%
2016
80.1%
2021
Hydroelectric share
70.3%
2023
72.5%
2021
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
15.6%
2023

Society

Iceland Malawi
% of world population
0.005%
2024
0.27%
2024
Annual migration change
+2,709
2025
-5,628
2025
Urban population
94.2%
2024
17.3%
2024
Male:Female ratio
51.2:48.8
2024
48.8:51.2
2024
Average male height
5.97 ft
2025
5.44 ft
2025
Average female height
5.54 ft
2025
5.12 ft
2025
Quality of life index
93.6
2026
31.3
2026
Corruption Perceptions Index
77
2025
34
2025
Higher education index
79
2026
26
2026
Homicides per 100K people
1.07
2022
1.79
2012
Road traffic mortality per 100K people
2
2019
33.4
2019
Visa free countries
168
2025
78
2025
Adult literacy rate
99%
2003
68.1%
2022
English speaking
98%
2023
3.88%
2023
People using the Internet
99.8%
2023
18%
2023

Health

Iceland Malawi
Government health expenditure per capita
$7,642
2024
$41.3
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$4.95
2023
Life expectancy
83.3 years
2026
67.9 years
2026
Foreign aid share of health expenditure
0%
2023
65.5%
2023
Physicians per 1,000 people
4.37
2023
0.05
2022
Age at first childbirth
28.8 years
2023
19.1 years
2025
Maternal mortality per 100K births
3
2023
225
2023
Mortality rate before reaching 5 years of age
2.6
2023
38.3
2023
Obesity rate
21.8%
2022
7.87%
2022
Diabetes prevalence
6.9%
2024
5.7%
2024
Air quality index
98
2026
34
2026
Tobacco use prevalence
9.4%
2022
9.7%
2022
Pure alcohol consumption per capita
7.94 liters
2020
3.61 liters
2020

Territory

Iceland Malawi
% of world land
0.07%
2026
0.06%
2026
Land area per capita
100,725 sq mi
2024
1,681 sq mi
2024
Agricultural land area
6,324 sq mi
2026
23,359 sq mi
2026
Forest area
205.8 sq mi
2026
8,169 sq mi
2026
Roads length
8,014 mi
2012
9,601 mi
2015

In-depth comparisons

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.