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Iceland vs Mexico statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 131M in Mexico (ranked 11/197). Iceland's land area is 38,931 sq mi versus 750,563 sq mi for Mexico (ranked 104th vs. 13th).

By GDP, Iceland ranks 108/197 ($33.3B) and Mexico ranks 13/197 ($1.86T). By GDP per capita, Iceland ranks 9/197 ($86,041), while Mexico ranks 69/197 ($14,186).

Main facts and rankings

Iceland Mexico
Population
397129
133323134
Population rank 173/197 11/197
GDP
$33.3B
2024
$1.86T
2024
GDP rank 108/197 13/197
GDP per capita
$86,041
2024
$14,186
2024
GDP per capita rank 9/197 69/197
GDP per capita, PPP
$84,257
2024
$26,185
2024
Government debt
$19.8B
2024
$1.08T
2024
Debt-to-GDP ratio
59.4%
2024
58.3%
2024
Government debt per person
$51,148
2024
$8,272
2024
Government debt per person rank 9/185 63/185
Average annual personal income after taxes
$55,565
2026
$10,231
2026
Land area 38,931 sq mi 750,563 sq mi
Population density
10.2 ppl/mi²
2026
177.3 ppl/mi²
2026
Fertility rate
1.59
2023
1.91
2023
Median age
37.1 years
2024
30.3 years
2024
Life expectancy
83.3 years
2026
75.6 years
2026

Iceland and Mexico: Comparison Charts

Iceland and Mexico economies compared

GDP
Iceland

Mexico
1x
Year GDP
Iceland Mexico
2024 $33,255,181,469 $1,856,365,616,166
2023 $31,677,891,897 $1,798,317,581,487
2022 $29,166,102,877 $1,466,934,724,293
2021 $26,234,872,402 $1,316,569,466,686
2020 $22,034,665,041 $1,121,064,767,308
2019 $24,985,687,022 $1,304,106,203,902
2018 $26,677,652,544 $1,256,300,182,880
2017 $25,060,086,488 $1,190,721,475,906
2016 $21,083,713,310 $1,112,233,497,453
2015 $17,700,486,957 $1,213,294,467,717
2014 $18,052,183,515 $1,364,507,717,614
2013 $16,244,319,959 $1,327,436,290,283
2012 $14,943,757,823 $1,255,110,424,818
2011 $15,394,005,872 $1,229,013,703,417
2010 $13,922,711,577 $1,105,424,238,731
2009 $13,212,543,838 $943,437,415,025
2008 $18,247,921,360 $1,161,553,459,715
2007 $21,960,110,030 $1,102,355,554,972
2006 $17,671,649,843 $1,020,265,057,882
2005 $17,146,410,561 $917,571,853,529
2004 $13,963,943,244 $819,459,227,375
2003 $11,564,687,742 $765,549,967,703
2002 $9,416,199,700 $810,666,116,402
2001 $8,323,401,820 $796,064,590,549
2000 $9,140,168,922 $742,061,329,749
1999 $9,107,644,691 $631,249,359,702
1998 $8,637,732,542 $557,461,102,631
1997 $7,716,781,803 $523,449,530,464
1996 $7,686,566,105 $432,157,945,024
1995 $7,372,640,169 $380,157,469,867
1994 $6,612,804,056 $553,618,247,901
1993 $6,435,952,174 $530,160,763,663
1992 $7,328,497,599 $363,157,832,924
1991 $7,151,260,062 $313,139,656,146
1990 $6,694,851,159 $261,253,675,693
1989 $5,870,854,233 $221,403,098,267
1988 $6,320,093,411 $181,611,150,497
1987 $5,713,281,235 $147,542,558,209
1986 $4,129,080,094 $134,556,034,673
1985 $3,088,359,967 $195,241,069,482
1984 $2,964,568,006 $184,230,754,105
1983 $2,862,634,164 $156,167,000,433
1982 $3,318,714,326 $184,602,611,610
1981 $3,615,094,820 $263,797,827,860
1980 $3,499,616,683 $205,577,055,466
1979 $2,953,176,971 $134,531,900,899
1978 $2,599,627,089 $102,648,570,299
1977 $2,285,707,749 $81,912,018,784
1976 $1,727,845,419 $88,875,923,765
1975 $1,456,052,700 $88,000,000,000
1974 $1,568,154,077 $72,000,000,000
1973 $1,194,794,186 $55,280,000,000
1972 $869,002,946 $45,200,000,000
1971 $693,679,545 $39,200,000,000
1970 $545,115,909 $35,520,000,000
1969 $435,659,610 $32,480,000,000
1968 $498,365,200 $29,360,000,000
1967 $652,609,076 $26,560,000,000
1966 $660,663,763 $24,320,000,000
1965 $550,150,988 $21,840,000,000
1964 $456,206,299 $20,080,000,000
1963 $357,240,896 $16,960,000,000
1962 $299,309,938 $15,200,000,000
1961 $266,711,460 $14,160,000,000
1960 $260,984,499 $13,040,000,000

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

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

Iceland and Mexico economies compared

GDP per capita
Iceland

Mexico
1x
Year GDP per capita
Iceland Mexico
2024 $86,041 $14,186
2023 $82,139 $13,861
2022 $76,350 $11,406
2021 $70,425 $10,314
2020 $60,128 $8,841
2019 $69,296 $10,370
2018 $75,634 $10,085
2017 $72,976 $9,649
2016 $62,854 $9,098
2015 $53,506 $10,021
2014 $55,140 $11,391
2013 $50,173 $11,217
2012 $46,595 $10,744
2011 $48,255 $10,664
2010 $43,776 $9,729
2009 $41,484 $8,424
2008 $57,489 $10,524
2007 $70,483 $10,134
2006 $58,172 $9,513
2005 $57,784 $8,672
2004 $47,810 $7,850
2003 $39,944 $7,434
2002 $32,749 $7,983
2001 $29,208 $7,953
2000 $32,504 $7,524
1999 $32,834 $6,500
1998 $31,519 $5,833
1997 $28,462 $5,567
1996 $28,584 $4,674
1995 $27,565 $4,184
1994 $24,858 $6,202
1993 $24,404 $6,048
1992 $28,072 $4,221
1991 $27,740 $3,709
1990 $26,272 $3,154
1989 $23,219 $2,725
1988 $25,307 $2,279
1987 $23,238 $1,888
1986 $16,980 $1,757
1985 $12,793 $2,602
1984 $12,378 $2,506
1983 $12,080 $2,170
1982 $14,191 $2,621
1981 $15,666 $3,829
1980 $15,340 $3,055
1979 $13,082 $2,049
1978 $11,630 $1,604
1977 $10,305 $1,315
1976 $7,848 $1,465
1975 $6,680 $1,492
1974 $7,287 $1,256
1973 $5,627 $993
1972 $4,155 $837
1971 $3,366 $748
1970 $2,666 $699
1969 $2,142 $660
1968 $2,473 $616
1967 $3,284 $576
1966 $3,378 $545
1965 $2,861 $506
1964 $2,414 $481
1963 $1,924 $420
1962 $1,641 $388
1961 $1,490 $374
1960 $1,486 $355

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

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

Iceland vs. Mexico life expectancy calculator

Life expectancy
Iceland

Mexico
1x
Year Life expectancy, years
Iceland Mexico
2026 83.3 75.6
2025 83.2 75.4
2024 83 75.3
2023 82.7 75.1
2022 81.6 74
2021 82.8 69.7
2020 82.7 70.4
2019 82.8 74.5
2018 82.5 74.3
2017 82.2 74.3
2016 81.8 74.4
2015 82.2 74.4
2014 82.4 74.4
2013 81.7 74.3
2012 82.3 74.1
2011 82 73.9
2010 81.6 73.7
2009 81.4 73.6
2008 81.2 73.7
2007 81.1 73.8
2006 80.9 73.7
2005 81.2 73.6
2004 80.7 73.4
2003 80.8 73.3
2002 80.3 73.1
2001 80.4 72.9
2000 79.5 72.6
1999 79.2 72.2
1998 79.4 71.8
1997 78.7 71.5
1996 78.6 71.1
1995 77.5 70.7
1994 79 70.3
1993 78.8 70
1992 78.6 69.7
1991 77.8 69.4
1990 77.7 69
1989 77.9 68.6
1988 76.9 68.3
1987 77.1 67.9
1986 77.9 67.4
1985 77.4 66.8
1984 77.3 66.2
1983 76.4 65.8
1982 76.8 65.3
1981 76.2 64.7
1980 76.6 64.3
1979 76.5 63.9
1978 76.4 63.4
1977 76.1 63
1976 76.6 62.5
1975 75.3 61.9
1974 74.1 61.2
1973 74.3 60.5
1972 74.4 60.1
1971 73.5 59.4
1970 73.8 58.9
1969 73.7 58.4
1968 73.9 58.2
1967 73.7 58
1966 73.1 57.4
1965 73.8 56.7
1964 73.5 55.9
1963 72.9 55.5
1962 73.6 55.1
1961 73.4 54.4
1960 74 53.6
1959 72.6 52.7
1958 73.3 51.8
1957 73.4 51.1
1956 72.9 50.4
1955 73.3 49.6
1954 73.3 48.3
1953 72.3 47
1952 72.4 45.7
1951 71 44.8
1950 71 43.8

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

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

Iceland and Mexico population clocks and comparison

Population
Iceland

Mexico
1x
Year Population
Iceland Mexico
2024 386,506 130,861,007
2023 385,663 129,739,759
2022 382,003 128,613,117
2021 372,520 127,648,148
2020 366,463 126,799,054
2019 360,563 125,762,982
2018 352,721 124,573,711
2017 343,400 123,400,057
2016 335,439 122,251,351
2015 330,815 121,072,306
2014 327,386 119,784,261
2013 323,764 118,343,573
2012 320,716 116,818,208
2011 319,014 115,243,504
2010 318,041 113,623,895
2009 318,499 111,999,721
2008 317,414 110,374,288
2007 311,566 108,774,360
2006 303,782 107,253,666
2005 296,734 105,811,504
2004 292,074 104,394,131
2003 289,521 102,978,515
2002 287,523 101,548,624
2001 284,968 100,099,099
2000 281,205 98,625,552
1999 277,381 97,115,707
1998 274,047 95,575,245
1997 271,128 94,021,207
1996 268,916 92,452,702
1995 267,468 90,862,455
1994 266,021 89,259,205
1993 263,725 87,653,807
1992 261,057 86,044,809
1991 257,797 84,430,572
1990 254,826 82,820,170
1989 252,852 81,247,182
1988 249,740 79,695,531
1987 245,859 78,136,651
1986 243,180 76,585,637
1985 241,405 75,043,414
1984 239,511 73,506,846
1983 236,977 71,971,240
1982 233,860 70,433,260
1981 230,755 68,892,108
1980 228,138 67,300,334
1979 225,735 65,648,865
1978 223,537 63,979,046
1977 221,799 62,308,493
1976 220,154 60,645,512
1975 217,979 58,982,400
1974 215,209 57,320,149
1973 212,317 55,667,284
1972 209,137 54,030,168
1971 206,098 52,412,558
1970 204,438 50,814,953
1969 203,369 49,233,194
1968 201,488 47,668,303
1967 198,751 46,129,608
1966 195,570 44,629,106
1965 192,286 43,174,477
1964 188,983 41,772,049
1963 185,653 40,424,065
1962 182,378 39,129,200
1961 179,029 37,890,118
1960 175,574 36,724,615

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

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

Fertility rates in Iceland and Mexico

Fertility rate
Iceland

Mexico
1x
Year Fertility rate
Iceland Mexico
2023 1.59 1.91
2022 1.59 1.94
2021 1.82 1.97
2020 1.72 1.99
2019 1.74 2.02
2018 1.71 2.03
2017 1.71 2.04
2016 1.74 2.09
2015 1.8 2.14
2014 1.93 2.21
2013 1.93 2.27
2012 2.04 2.29
2011 2.02 2.32
2010 2.2 2.34
2009 2.23 2.36
2008 2.15 2.39
2007 2.09 2.42
2006 2.08 2.46
2005 2.05 2.5
2004 2.04 2.54
2003 1.99 2.58
2002 1.93 2.63
2001 1.95 2.67
2000 2.08 2.71
1999 1.99 2.76
1998 2.05 2.82
1997 2.04 2.89
1996 2.12 2.96
1995 2.08 3.04
1994 2.14 3.13
1993 2.22 3.21
1992 2.21 3.29
1991 2.18 3.36
1990 2.3 3.44
1989 2.19 3.53
1988 2.26 3.64
1987 2.06 3.8
1986 1.92 3.97
1985 1.93 4.09
1984 2.08 4.18
1983 2.24 4.3
1982 2.27 4.43
1981 2.33 4.57
1980 2.48 4.74
1979 2.49 4.96
1978 2.35 5.2
1977 2.31 5.36
1976 2.52 5.54
1975 2.65 5.74
1974 2.66 5.95
1973 2.94 6.12
1972 3.09 6.28
1971 2.92 6.42
1970 2.81 6.53
1969 2.99 6.63
1968 3.06 6.71
1967 3.28 6.75
1966 3.59 6.79
1965 3.73 6.82
1964 3.88 6.83
1963 3.99 6.82
1962 3.98 6.8
1961 3.88 6.78
1960 4.29 6.76

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

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

Iceland and Mexico demographics compared

Median age
Iceland

Mexico
1x
Year Median age, years
Iceland Mexico
2024 37.1 30.3
2023 36.9 29.9
2022 36.7 29.5
2021 36.7 29.2
2020 36.6 29
2019 36.5 28.6
2018 36.4 28.3
2017 36.3 28
2016 36.2 27.6
2015 36 27.3
2014 35.7 27
2013 35.5 26.7
2012 35.4 26.4
2011 35.1 26.1
2010 34.9 25.8
2009 34.6 25.6
2008 34.5 25.3
2007 34.6 25
2006 34.5 24.7
2005 34.2 24.4
2004 34 24.1
2003 33.7 23.8
2002 33.4 23.5
2001 33 23.1
2000 32.8 22.8
1999 32.6 22.5
1998 32.4 22.2
1997 32.1 22
1996 31.8 21.7
1995 31.5 21.4
1994 31.1 21
1993 30.8 20.7
1992 30.5 20.4
1991 30.2 20
1990 30 19.7
1989 29.6 19.4
1988 29.3 19.2
1987 29.1 18.9
1986 28.8 18.6
1985 28.4 18.3
1984 28 18
1983 27.7 17.7
1982 27.5 17.4
1981 27.2 17.1
1980 26.9 16.8
1979 26.7 16.6
1978 26.4 16.5
1977 26 16.4
1976 25.7 16.2
1975 25.4 16.2
1974 25.1 16.1
1973 24.9 16.1
1972 24.8 16
1971 24.7 16
1970 24.5 16.1
1969 24.3 16.1
1968 24.2 16.1
1967 24.1 16.1
1966 24.1 16.2
1965 24.2 16.2
1964 24.4 16.3
1963 24.7 16.3
1962 24.9 16.4
1961 25.2 16.5
1960 25.4 16.6

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Mexico
GNI, Atlas method
$31.8B
2024
$1.68T
2024
Government expenditure, % of GDP
46.5%
2024
30.3%
2024
Education expenditure, % of GDP
7.29%
2022
4.07%
2022
Military expenditure, % of GDP n/a
0.89%
2024
Armed forces personnel
0
2020
341,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-5.73%
2024
Unemployment rate
3.56%
2024
2.62%
2024
Services, % of GDP
64.9%
2024
58.1%
2024
Industry, % of GDP
20.1%
2024
31.8%
2024
Economic freedom index
75
2026
59.8
2026
Income share by richest 10%
22.4%
2019
34.4%
2022
Income share by poorest 10%
3.7%
2019
2.1%
2022
Number of millionaires n/a
399,000
2025
Percentage of millionaires n/a
0.46%
2025
Number of billionaires
1
2025
22
2025
Percentage of billionaires
0.0003%
2025
0.00003%
2025
Listed domestic companies
34
2004
129
2024
Market capitalization of domestic companies n/a
$418B
2024
Total reserves including gold
$6.4B
2024
$232B
2024
Personal remittances received
$246M
2024
$67.6B
2024
International tourist arrivals
488,000
2020
51,128,000
2020
International tourism as share of exports
11.9%
2008
2.57%
2020
Banked people share
99.9%
2024
53%
2024

Energy

Iceland Mexico
Energy use, kg of oil equivalent per capita
15,686 kg
2023
1,560 kg
2023
GDP PPP per kg equivalent of energy use
$5.2
2023
$16.2
2023
Carbon dioxide (CO2) emissions
3.29 megatons
2024
476 megatons
2024
CO2 emissions per capita
8.52 tons
2024
3.64 tons
2024
Fossil fuel energy use share
10.3%
2023
88.7%
2023
Renewable energy use share
82.4%
2021
13%
2021
Alternative and nuclear energy use share
88.8%
2023
5.94%
2023
Net energy imports use share
20.5%
2009
21.6%
2023
Electric power consumption per capita
50,951 kWh
2023
2,609 kWh
2023
Renewable electricity output share
100%
2016
24.4%
2021
Hydroelectric share
70.3%
2023
5.45%
2023
Nuclear share
0%
2021
3.24%
2023
Electricity access
100%
2023
99.7%
2023

Society

Iceland Mexico
% of world population
0.005%
2024
1.61%
2024
Annual migration change
+2,709
2025
-108,037
2025
Urban population
94.2%
2024
79.8%
2024
Male:Female ratio
51.2:48.8
2024
48.5:51.5
2024
Average male height
5.97 ft
2025
5.59 ft
2025
Average female height
5.54 ft
2025
5.18 ft
2025
Quality of life index
93.6
2026
49.7
2026
Corruption Perceptions Index
77
2025
27
2025
Higher education index
79
2026
88
2026
Homicides per 100K people
1.07
2022
24.9
2023
Road traffic mortality per 100K people
2
2019
12.8
2019
Visa free countries
168
2025
150
2025
Adult literacy rate
99%
2003
95.9%
2025
English speaking
98%
2023
13%
2023
People using the Internet
99.8%
2023
81.2%
2023

Health

Iceland Mexico
Government health expenditure per capita
$7,642
2024
$761
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$314
2023
Life expectancy
83.3 years
2026
75.6 years
2026
Foreign aid share of health expenditure
0%
2023
0%
2023
Physicians per 1,000 people
4.37
2023
2.59
2022
Age at first childbirth
28.8 years
2023
21.3 years
2025
Maternal mortality per 100K births
3
2023
42
2023
Mortality rate before reaching 5 years of age
2.6
2023
12.5
2023
Obesity rate
21.8%
2022
36.9%
2022
Diabetes prevalence
6.9%
2024
16.4%
2024
Air quality index
98
2026
49
2026
Tobacco use prevalence
9.4%
2022
14.9%
2022
Pure alcohol consumption per capita
7.94 liters
2020
4.79 liters
2020

Territory

Iceland Mexico
% of world land
0.07%
2026
1.31%
2026
Land area per capita
100,725 sq mi
2024
5,736 sq mi
2024
Agricultural land area
6,324 sq mi
2026
380,486 sq mi
2026
Forest area
205.8 sq mi
2026
252,159 sq mi
2026
Roads length
8,014 mi
2012
519,841 mi
2023

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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