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Iceland vs Marshall Islands statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 37.5K in The Marshall Islands (ranked 192/197). Iceland's land area is 38,931 sq mi versus 69.5 sq mi for The Marshall Islands (ranked 104th vs. 191st).

By GDP, Iceland ranks 108/197 ($33.3B) and The Marshall Islands ranks 193/197 ($290M). By GDP per capita, Iceland ranks 9/197 ($86,041), while The Marshall Islands ranks 96/197 ($7,726).

Main facts and rankings

Iceland Marshall Islands
Population
397129
35058
Population rank 173/197 192/197
GDP
$33.3B
2024
$290M
2024
GDP rank 108/197 193/197
GDP per capita
$86,041
2024
$7,726
2024
GDP per capita rank 9/197 96/197
GDP per capita, PPP
$84,257
2024
$8,195
2024
Government debt
$19.8B
2024
$38.4M
2024
Debt-to-GDP ratio
59.4%
2024
13.2%
2024
Government debt per person
$51,148
2024
$1,022
2024
Government debt per person rank 9/185 142/185
Average annual personal income after taxes
$55,565
2026
$5,044
2026
Land area 38,931 sq mi 69.5 sq mi
Population density
10.2 ppl/mi²
2026
504 ppl/mi²
2026
Fertility rate
1.59
2023
2.92
2023
Median age
37.1 years
2024
21.8 years
2024
Life expectancy
83.3 years
2026
67.3 years
2026

Iceland and Marshall Islands: Comparison Charts

Iceland and Marshall Islands economies compared

GDP
Iceland

Marshall Islands
1x
Year GDP
Iceland Marshall Islands
2024 $33,255,181,469 $290,108,490
2023 $31,677,891,897 $263,761,322
2022 $29,166,102,877 $258,723,511
2021 $26,234,872,402 $261,245,544
2020 $22,034,665,041 $241,800,000
2019 $24,985,687,022 $232,900,000
2018 $26,677,652,544 $220,000,000
2017 $25,060,086,488 $213,700,000
2016 $21,083,713,310 $201,800,000
2015 $17,700,486,957 $183,700,000
2014 $18,052,183,515 $186,000,000
2013 $16,244,319,959 $186,400,000
2012 $14,943,757,823 $180,700,000
2011 $15,394,005,872 $172,300,000
2010 $13,922,711,577 $161,100,000
2009 $13,212,543,838 $151,200,000
2008 $18,247,921,360 $146,600,000
2007 $21,960,110,030 $150,500,000
2006 $17,671,649,843 $143,200,000
2005 $17,146,410,561 $138,000,000
2004 $13,963,943,244 $132,900,000
2003 $11,564,687,742 $131,128,500
2002 $9,416,199,700 $131,960,000
2001 $8,323,401,820 $122,406,100
2000 $9,140,168,922 $114,838,500
1999 $9,107,644,691 $113,352,100
1998 $8,637,732,542 $112,070,100
1997 $7,716,781,803 $109,884,700
1996 $7,686,566,105 $110,858,000
1995 $7,372,640,169 $120,230,000
1994 $6,612,804,056 $108,071,000
1993 $6,435,952,174 $99,461,000
1992 $7,328,497,599 $91,063,000
1991 $7,151,260,062 $82,507,000
1990 $6,694,851,159 $78,476,000
1989 $5,870,854,233 $72,798,000
1988 $6,320,093,411 $70,688,000
1987 $5,713,281,235 $62,983,000
1986 $4,129,080,094 $55,989,000
1985 $3,088,359,967 $43,879,000
1984 $2,964,568,006 $45,144,000
1983 $2,862,634,164 $41,749,000
1982 $3,318,714,326 $34,918,000
1981 $3,615,094,820 $31,020,000
1980 $3,499,616,683 $26,710,653
1979 $2,953,176,971 $25,545,346
1978 $2,599,627,089 $22,209,370
1977 $2,285,707,749 $20,210,069
1976 $1,727,845,419 $18,153,647
1975 $1,456,052,700 $16,691,301
1974 $1,568,154,077 $15,217,532
1973 $1,194,794,186 $11,607,366
1972 $869,002,946 $9,973,652
1971 $693,679,545 $9,116,810
1970 $545,115,909 $8,408,486
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/marshall-islands | CC BY

Iceland and Marshall Islands economies compared

GDP per capita
Iceland

Marshall Islands
1x
Year GDP per capita
Iceland Marshall Islands
2024 $86,041 $7,726
2023 $82,139 $6,793
2022 $76,350 $6,456
2021 $70,425 $6,315
2020 $60,128 $5,662
2019 $69,296 $5,292
2018 $75,634 $4,858
2017 $72,976 $4,593
2016 $62,854 $4,230
2015 $53,506 $3,764
2014 $55,140 $3,735
2013 $50,173 $3,678
2012 $46,595 $3,514
2011 $48,255 $3,319
2010 $43,776 $3,095
2009 $41,484 $2,907
2008 $57,489 $2,818
2007 $70,483 $2,892
2006 $58,172 $2,754
2005 $57,784 $2,659
2004 $47,810 $2,566
2003 $39,944 $2,539
2002 $32,749 $2,566
2001 $29,208 $2,394
2000 $32,504 $2,265
1999 $32,834 $2,258
1998 $31,519 $2,254
1997 $28,462 $2,231
1996 $28,584 $2,273
1995 $27,565 $2,491
1994 $24,858 $2,265
1993 $24,404 $2,112
1992 $28,072 $1,963
1991 $27,740 $1,811
1990 $26,272 $1,758
1989 $23,219 $1,670
1988 $25,307 $1,670
1987 $23,238 $1,543
1986 $16,980 $1,425
1985 $12,793 $1,162
1984 $12,378 $1,245
1983 $12,080 $1,199
1982 $14,191 $1,046
1981 $15,666 $969
1980 $15,340 $868
1979 $13,082 $859
1978 $11,630 $771
1977 $10,305 $724
1976 $7,848 $672
1975 $6,680 $638
1974 $7,287 $602
1973 $5,627 $472
1972 $4,155 $416
1971 $3,366 $390
1970 $2,666 $373
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/marshall-islands | CC BY

Iceland vs. Marshall Islands life expectancy calculator

Life expectancy
Iceland

Marshall Islands
1x
Year Life expectancy, years
Iceland Marshall Islands
2026 83.3 67.3
2025 83.2 67.2
2024 83 67.1
2023 82.7 66.9
2022 81.6 66.7
2021 82.8 65.4
2020 82.7 65.4
2019 82.8 66
2018 82.5 65.9
2017 82.2 65.7
2016 81.8 65.5
2015 82.2 65.3
2014 82.4 65.1
2013 81.7 65
2012 82.3 64.8
2011 82 64.6
2010 81.6 64.5
2009 81.4 64.4
2008 81.2 64.3
2007 81.1 64.3
2006 80.9 64.2
2005 81.2 64.1
2004 80.7 64
2003 80.8 64
2002 80.3 63.8
2001 80.4 63.7
2000 79.5 63.3
1999 79.2 63.4
1998 79.4 63.2
1997 78.7 63
1996 78.6 62.8
1995 77.5 62.5
1994 79 62.3
1993 78.8 62.1
1992 78.6 61.9
1991 77.8 61.8
1990 77.7 61.8
1989 77.9 61.7
1988 76.9 61.8
1987 77.1 61.8
1986 77.9 61.8
1985 77.4 61.7
1984 77.3 61.6
1983 76.4 61.5
1982 76.8 61.3
1981 76.2 61.1
1980 76.6 61
1979 76.5 60.8
1978 76.4 60.7
1977 76.1 60.6
1976 76.6 60.4
1975 75.3 60.3
1974 74.1 60.1
1973 74.3 59.8
1972 74.4 59.5
1971 73.5 59.1
1970 73.8 58.8
1969 73.7 58.5
1968 73.9 58.2
1967 73.7 57.8
1966 73.1 57.3
1965 73.8 56.8
1964 73.5 56.3
1963 72.9 55.7
1962 73.6 55.2
1961 73.4 54.7
1960 74 54.4
1959 72.6 54
1958 73.3 53.6
1957 73.4 53.4
1956 72.9 53.2
1955 73.3 53
1954 73.3 52.9
1953 72.3 52.8
1952 72.4 52.7
1951 71 52.7
1950 71 52.6

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

GeoRank.org/facts/iceland/marshall-islands | CC BY

Iceland and Marshall Islands population clocks and comparison

Population
Iceland

Marshall Islands
1x
Year Population
Iceland Marshall Islands
2024 386,506 37,548
2023 385,663 38,827
2022 382,003 40,077
2021 372,520 41,367
2020 366,463 42,706
2019 360,563 44,007
2018 352,721 45,285
2017 343,400 46,529
2016 335,439 47,709
2015 330,815 48,800
2014 327,386 49,796
2013 323,764 50,681
2012 320,716 51,419
2011 319,014 51,907
2010 318,041 52,044
2009 318,499 52,019
2008 317,414 52,030
2007 311,566 52,035
2006 303,782 51,992
2005 296,734 51,906
2004 292,074 51,791
2003 289,521 51,639
2002 287,523 51,425
2001 284,968 51,123
2000 281,205 50,706
1999 277,381 50,202
1998 274,047 49,717
1997 271,128 49,259
1996 268,916 48,775
1995 267,468 48,266
1994 266,021 47,712
1993 263,725 47,093
1992 261,057 46,388
1991 257,797 45,568
1990 254,826 44,629
1989 252,852 43,586
1988 249,740 42,321
1987 245,859 40,828
1986 243,180 39,286
1985 241,405 37,761
1984 239,511 36,264
1983 236,977 34,811
1982 233,860 33,397
1981 230,755 32,017
1980 228,138 30,774
1979 225,735 29,738
1978 223,537 28,809
1977 221,799 27,906
1976 220,154 27,021
1975 217,979 26,154
1974 215,209 25,296
1973 212,317 24,581
1972 209,137 23,992
1971 206,098 23,366
1970 204,438 22,530
1969 203,369 21,305
1968 201,488 19,862
1967 198,751 18,655
1966 195,570 17,927
1965 192,286 17,402
1964 188,983 16,852
1963 185,653 16,302
1962 182,378 15,755
1961 179,029 15,219
1960 175,574 14,703

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

GeoRank.org/facts/iceland/marshall-islands | CC BY

Fertility rates in Iceland and Marshall Islands

Fertility rate
Iceland

Marshall Islands
1x
Year Fertility rate
Iceland Marshall Islands
2023 1.59 2.92
2022 1.59 2.94
2021 1.82 2.96
2020 1.72 2.99
2019 1.74 3.01
2018 1.71 3.04
2017 1.71 3.06
2016 1.74 3.09
2015 1.8 3.13
2014 1.93 3.18
2013 1.93 3.25
2012 2.04 3.38
2011 2.02 3.53
2010 2.2 3.67
2009 2.23 3.83
2008 2.15 3.97
2007 2.09 4.09
2006 2.08 4.2
2005 2.05 4.28
2004 2.04 4.34
2003 1.99 4.42
2002 1.93 4.49
2001 1.95 4.58
2000 2.08 4.7
1999 1.99 4.78
1998 2.05 4.87
1997 2.04 4.96
1996 2.12 5.02
1995 2.08 5.09
1994 2.14 5.23
1993 2.22 5.38
1992 2.21 5.55
1991 2.18 5.76
1990 2.3 5.97
1989 2.19 6.18
1988 2.26 6.38
1987 2.06 6.57
1986 1.92 6.73
1985 1.93 6.87
1984 2.08 6.99
1983 2.24 7.08
1982 2.27 7.18
1981 2.33 7.27
1980 2.48 7.37
1979 2.49 7.47
1978 2.35 7.58
1977 2.31 7.67
1976 2.52 7.76
1975 2.65 7.83
1974 2.66 7.9
1973 2.94 7.95
1972 3.09 8
1971 2.92 8.04
1970 2.81 8.07
1969 2.99 8.11
1968 3.06 8.14
1967 3.28 8.17
1966 3.59 8.2
1965 3.73 8.16
1964 3.88 8.14
1963 3.99 8.12
1962 3.98 8.12
1961 3.88 8.12
1960 4.29 8.08

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

GeoRank.org/facts/iceland/marshall-islands | CC BY

Iceland and Marshall Islands demographics compared

Median age
Iceland

Marshall Islands
1x
Year Median age, years
Iceland Marshall Islands
2024 37.1 21.8
2023 36.9 21.9
2022 36.7 22.2
2021 36.7 22.5
2020 36.6 22.6
2019 36.5 22.6
2018 36.4 22.4
2017 36.3 22.2
2016 36.2 21.9
2015 36 21.6
2014 35.7 21.3
2013 35.5 21
2012 35.4 20.8
2011 35.1 20.6
2010 34.9 20.6
2009 34.6 20.5
2008 34.5 20.4
2007 34.6 20.2
2006 34.5 19.9
2005 34.2 19.7
2004 34 19.4
2003 33.7 19.1
2002 33.4 18.8
2001 33 18.5
2000 32.8 18.2
1999 32.6 17.9
1998 32.4 17.6
1997 32.1 17.2
1996 31.8 16.9
1995 31.5 16.5
1994 31.1 16.1
1993 30.8 15.8
1992 30.5 15.4
1991 30.2 15.2
1990 30 14.9
1989 29.6 14.8
1988 29.3 14.7
1987 29.1 14.7
1986 28.8 14.7
1985 28.4 14.8
1984 28 14.8
1983 27.7 14.9
1982 27.5 14.9
1981 27.2 14.9
1980 26.9 15
1979 26.7 15.1
1978 26.4 15.3
1977 26 15.5
1976 25.7 15.7
1975 25.4 15.9
1974 25.1 16
1973 24.9 16.2
1972 24.8 16.6
1971 24.7 17.1
1970 24.5 17.4
1969 24.3 17.2
1968 24.2 16.9
1967 24.1 16.6
1966 24.1 16.4
1965 24.2 16.3
1964 24.4 16.3
1963 24.7 16.4
1962 24.9 16.7
1961 25.2 17
1960 25.4 17.4

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

GeoRank.org/facts/iceland/marshall-islands | CC BY

Interactive Maps

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National statistics comparison

Finance

Iceland Marshall Islands
GNI, Atlas method
$31.8B
2024
$319M
2024
Government expenditure, % of GDP
46.5%
2024
71.6%
2024
Education expenditure, % of GDP
7.29%
2022
7.7%
2022
Armed forces personnel
0
2020
n/a
Deficit/surplus, % of GDP
-3.51%
2024
+3.61%
2024
Unemployment rate
3.56%
2024
9.82%
2021
Services, % of GDP
64.9%
2024
67%
2024
Industry, % of GDP
20.1%
2024
13.2%
2024
Economic freedom index
75
2026
58
2025
Income share by richest 10%
22.4%
2019
27.5%
2019
Income share by poorest 10%
3.7%
2019
2.8%
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
n/a
Personal remittances received
$246M
2024
$34.5M
2024
International tourist arrivals
488,000
2020
6,099
2019
International tourism as share of exports
11.9%
2008
15.6%
2018
Banked people share
99.9%
2024
n/a

Energy

Iceland Marshall Islands
Energy use, kg of oil equivalent per capita
15,686 kg
2023
615 kg
2007
GDP PPP per kg equivalent of energy use
$5.2
2023
$5.38
2007
Carbon dioxide (CO2) emissions
3.29 megatons
2024
0.0001 megatons
2024
CO2 emissions per capita
8.52 tons
2024
0.003 tons
2024
Fossil fuel energy use share
10.3%
2023
0%
2007
Renewable energy use share
82.4%
2021
12.2%
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
2.43%
2021
Hydroelectric share
70.3%
2023
0%
2021
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Iceland Marshall Islands
% of world population
0.005%
2024
0.0005%
2024
Annual migration change
+2,709
2025
-1,698
2025
Urban population
94.2%
2024
78.7%
2024
Male:Female ratio
51.2:48.8
2024
51.2:48.8
2024
Average male height
5.97 ft
2025
5.42 ft
2025
Average female height
5.54 ft
2025
5.08 ft
2025
Quality of life index
93.6
2026
49.3
2026
Corruption Perceptions Index
77
2025
64
2025
Higher education index
79
2026
n/a
Homicides per 100K people
1.07
2022
4.01
1994
Road traffic mortality per 100K people
2
2019
5.7
2013
Visa free countries
168
2025
126
2025
Adult literacy rate
99%
2003
95.8%
2021
English speaking
98%
2023
98.3%
2023
People using the Internet
99.8%
2023
65.7%
2023

Health

Iceland Marshall Islands
Government health expenditure per capita
$7,642
2024
$894
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$9.42
2023
Life expectancy
83.3 years
2026
67.3 years
2026
Foreign aid share of health expenditure
0%
2023
22.9%
2023
Physicians per 1,000 people
4.37
2023
0.47
2012
Age at first childbirth
28.8 years
2023
20.7 years
2017
Maternal mortality per 100K births
3
2023
155
2023
Mortality rate before reaching 5 years of age
2.6
2023
28.2
2023
Obesity rate
21.8%
2022
47.1%
2022
Diabetes prevalence
6.9%
2024
25.7%
2024
Air quality index
98
2026
100
2026
Tobacco use prevalence
9.4%
2022
29.8%
2022
Pure alcohol consumption per capita
7.94 liters
2020
n/a

Territory

Iceland Marshall Islands
% of world land
0.07%
2026
0.0001%
2026
Land area per capita
100,725 sq mi
2024
1,851 sq mi
2024
Agricultural land area
6,324 sq mi
2026
27 sq mi
2026
Forest area
205.8 sq mi
2026
36.3 sq mi
2026
Roads length
8,014 mi
2012
1,260 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. Passport Index (2025, retrieved 2026-02-08)
  9. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)
  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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