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Iceland vs Monaco statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 38.6K in Monaco (ranked 191/197). Iceland's land area is 38,931 sq mi versus 0.8 sq mi for Monaco (ranked 104th vs. 196th).

By GDP, Iceland ranks 108/197 ($33.3B) and Monaco ranks 152/197 ($11.1B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Monaco ranks 1/197 ($288,001).

Main facts and rankings

Iceland Monaco
Population
397129
38053
Population rank 173/197 191/197
GDP
$33.3B
2024
$11.1B
2024
GDP rank 108/197 152/197
GDP per capita
$86,041
2024
$288,001
2024
GDP per capita rank 9/197 1/197
GDP per capita, PPP
$84,257
2024
$115,700
2015
Government debt
$19.8B
2024
n/a
Debt-to-GDP ratio
59.4%
2024
n/a
Government debt per person
$51,148
2024
n/a
Government debt per person rank 9/185 n/a
Average annual personal income after taxes
$55,565
2026
$97,068
2026
Land area 38,931 sq mi 0.8 sq mi
Population density
10.2 ppl/mi²
2026
47,292 ppl/mi²
2026
Fertility rate
1.59
2023
2.11
2023
Median age
37.1 years
2024
55 years
2024
Life expectancy
83.3 years
2026
86.7 years
2026

Iceland and Monaco: Comparison Charts

Iceland and Monaco economies compared

GDP
Iceland

Monaco
1x
Year GDP
Iceland Monaco
2024 $33,255,181,469 $11,125,783,372
2023 $31,677,891,897 $10,003,892,565
2022 $29,166,102,877 $8,800,430,486
2021 $26,234,872,402 $8,623,242,743
2020 $22,034,665,041 $6,730,736,283
2019 $24,985,687,022 $7,383,496,254
2018 $26,677,652,544 $7,184,333,936
2017 $25,060,086,488 $6,430,254,653
2016 $21,083,713,310 $6,471,290,794
2015 $17,700,486,957 $6,264,756,528
2014 $18,052,183,515 $7,070,017,324
2013 $16,244,319,959 $6,555,591,710
2012 $14,943,757,823 $5,742,749,294
2011 $15,394,005,872 $6,088,689,808
2010 $13,922,711,577 $5,367,561,570
2009 $13,212,543,838 $5,474,379,252
2008 $18,247,921,360 $6,502,942,245
2007 $21,960,110,030 $5,875,790,766
2006 $17,671,649,843 $4,586,826,513
2005 $17,146,410,561 $4,204,652,899
2004 $13,963,943,244 $4,043,551,489
2003 $11,564,687,742 $3,597,089,751
2002 $9,416,199,700 $2,919,647,982
2001 $8,323,401,820 $2,673,723,034
2000 $9,140,168,922 $2,654,462,665
1999 $9,107,644,691 $2,907,118,641
1998 $8,637,732,542 $2,934,593,468
1997 $7,716,781,803 $2,840,195,190
1996 $7,686,566,105 $3,137,886,995
1995 $7,372,640,169 $3,130,309,995
1994 $6,612,804,056 $2,720,332,135
1993 $6,435,952,174 $2,574,494,356
1992 $7,328,497,599 $2,737,049,231
1991 $7,151,260,062 $2,480,540,845
1990 $6,694,851,159 $2,481,307,077
1989 $5,870,854,233 $2,010,083,833
1988 $6,320,093,411 $2,000,704,745
1987 $5,713,281,235 $1,839,081,463
1986 $4,129,080,094 $1,515,234,743
1985 $3,088,359,967 $1,082,867,507
1984 $2,964,568,006 $1,037,329,604
1983 $2,862,634,164 $1,092,560,365
1982 $3,318,714,326 $1,143,216,457
1981 $3,615,094,820 $1,205,188,648
1980 $3,499,616,683 $1,378,175,524
1979 $2,953,176,971 $1,209,870,147
1978 $2,599,627,089 $1,000,555,218
1977 $2,285,707,749 $811,191,392
1976 $1,727,845,419 $735,324,245
1975 $1,456,052,700 $711,978,962
1974 $1,568,154,077 $563,949,254
1973 $1,194,794,186 $523,554,039
1972 $869,002,946 $402,451,901
1971 $693,679,545 $327,706,210
1970 $545,115,909 $293,127,333
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/monaco | CC BY

Iceland and Monaco economies compared

GDP per capita
Iceland

Monaco
1x
Year GDP per capita
Iceland Monaco
2024 $86,041 $288,001
2023 $82,139 $256,800
2022 $76,350 $226,052
2021 $70,425 $223,823
2020 $60,128 $176,892
2019 $69,296 $193,747
2018 $75,634 $188,298
2017 $72,976 $170,663
2016 $62,854 $173,605
2015 $53,506 $170,437
2014 $55,140 $195,694
2013 $50,173 $184,941
2012 $46,595 $165,445
2011 $48,255 $179,364
2010 $43,776 $161,854
2009 $41,484 $169,150
2008 $57,489 $204,264
2007 $70,483 $184,559
2006 $58,172 $143,083
2005 $57,784 $130,539
2004 $47,810 $125,160
2003 $39,944 $111,110
2002 $32,749 $90,051
2001 $29,208 $82,403
2000 $32,504 $81,789
1999 $32,834 $89,698
1998 $31,519 $90,947
1997 $28,462 $88,582
1996 $28,584 $98,561
1995 $27,565 $99,032
1994 $24,858 $86,704
1993 $24,404 $82,685
1992 $28,072 $88,615
1991 $27,740 $80,997
1990 $26,272 $81,735
1989 $23,219 $66,816
1988 $25,307 $67,181
1987 $23,238 $62,456
1986 $16,980 $52,082
1985 $12,793 $37,690
1984 $12,378 $36,582
1983 $12,080 $39,076
1982 $14,191 $41,479
1981 $15,666 $44,157
1980 $15,340 $50,814
1979 $13,082 $44,990
1978 $11,630 $37,608
1977 $10,305 $30,875
1976 $7,848 $28,396
1975 $6,680 $27,921
1974 $7,287 $22,348
1973 $5,627 $20,882
1972 $4,155 $16,187
1971 $3,366 $13,334
1970 $2,666 $12,098
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/monaco | CC BY

Iceland vs. Monaco life expectancy calculator

Life expectancy
Iceland

Monaco
1x
Year Life expectancy, years
Iceland Monaco
2026 83.3 86.7
2025 83.2 86.6
2024 83 86.5
2023 82.7 86.4
2022 81.6 85.7
2021 82.8 85.1
2020 82.7 86.1
2019 82.8 86.2
2018 82.5 86.1
2017 82.2 85.9
2016 81.8 85.6
2015 82.2 85.3
2014 82.4 85.1
2013 81.7 85.1
2012 82.3 85
2011 82 85
2010 81.6 84.6
2009 81.4 84.2
2008 81.2 83.8
2007 81.1 83.9
2006 80.9 84.2
2005 81.2 84.3
2004 80.7 84.2
2003 80.8 83.6
2002 80.3 83.1
2001 80.4 82.5
2000 79.5 82.1
1999 79.2 81.8
1998 79.4 81.6
1997 78.7 81.4
1996 78.6 81.1
1995 77.5 80.9
1994 79 80.7
1993 78.8 80.4
1992 78.6 80.1
1991 77.8 79.7
1990 77.7 79.4
1989 77.9 79.4
1988 76.9 79.4
1987 77.1 79.3
1986 77.9 78.4
1985 77.4 77.4
1984 77.3 76.4
1983 76.4 75.7
1982 76.8 75.3
1981 76.2 75
1980 76.6 74.9
1979 76.5 74.9
1978 76.4 74.7
1977 76.1 74.2
1976 76.6 73.8
1975 75.3 73.5
1974 74.1 73.4
1973 74.3 73.4
1972 74.4 73.4
1971 73.5 73.4
1970 73.8 73.3
1969 73.7 73.2
1968 73.9 73.2
1967 73.7 73.1
1966 73.1 73
1965 73.8 72.9
1964 73.5 72.7
1963 72.9 72.5
1962 73.6 72.4
1961 73.4 72.2
1960 74 71.9
1959 72.6 71.4
1958 73.3 71.1
1957 73.4 70.9
1956 72.9 70.7
1955 73.3 70.4
1954 73.3 70
1953 72.3 69.6
1952 72.4 68.9
1951 71 68.4
1950 71 68

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

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

Iceland and Monaco population clocks and comparison

Population
Iceland

Monaco
1x
Year Population
Iceland Monaco
2024 386,506 38,631
2023 385,663 38,956
2022 382,003 38,931
2021 372,520 38,527
2020 366,463 38,050
2019 360,563 38,109
2018 352,721 38,154
2017 343,400 37,678
2016 335,439 37,276
2015 330,815 36,757
2014 327,386 36,128
2013 323,764 35,447
2012 320,716 34,711
2011 319,014 33,946
2010 318,041 33,163
2009 318,499 32,364
2008 317,414 31,836
2007 311,566 31,837
2006 303,782 32,057
2005 296,734 32,210
2004 292,074 32,307
2003 289,521 32,374
2002 287,523 32,422
2001 284,968 32,447
2000 281,205 32,455
1999 277,381 32,410
1998 274,047 32,267
1997 271,128 32,063
1996 268,916 31,837
1995 267,468 31,609
1994 266,021 31,375
1993 263,725 31,136
1992 261,057 30,887
1991 257,797 30,625
1990 254,826 30,358
1989 252,852 30,084
1988 249,740 29,781
1987 245,859 29,446
1986 243,180 29,093
1985 241,405 28,731
1984 239,511 28,356
1983 236,977 27,960
1982 233,860 27,561
1981 230,755 27,293
1980 228,138 27,122
1979 225,735 26,892
1978 223,537 26,605
1977 221,799 26,273
1976 220,154 25,895
1975 217,979 25,500
1974 215,209 25,235
1973 212,317 25,072
1972 209,137 24,862
1971 206,098 24,576
1970 204,438 24,229
1969 203,369 23,831
1968 201,488 23,437
1967 198,751 23,230
1966 195,570 23,131
1965 192,286 22,941
1964 188,983 22,686
1963 185,653 22,385
1962 182,378 22,078
1961 179,029 21,901
1960 175,574 21,808

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

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

Fertility rates in Iceland and Monaco

Fertility rate
Iceland

Monaco
1x
Year Fertility rate
Iceland Monaco
2023 1.59 2.11
2022 1.59 2.11
2021 1.82 2.12
2020 1.72 2.38
2019 1.74 2.4
2018 1.71 2.49
2017 1.71 2.42
2016 1.74 2.58
2015 1.8 2.5
2014 1.93 2.49
2013 1.93 2.31
2012 2.04 2.29
2011 2.02 2.22
2010 2.2 2.38
2009 2.23 2.4
2008 2.15 2.38
2007 2.09 2.21
2006 2.08 2.1
2005 2.05 2.01
2004 2.04 1.99
2003 1.99 1.91
2002 1.93 2.01
2001 1.95 2.18
2000 2.08 2.08
1999 1.99 2.01
1998 2.05 1.95
1997 2.04 1.88
1996 2.12 1.82
1995 2.08 1.78
1994 2.14 1.76
1993 2.22 1.75
1992 2.21 1.76
1991 2.18 1.79
1990 2.3 1.85
1989 2.19 1.93
1988 2.26 2.01
1987 2.06 2.06
1986 1.92 2.11
1985 1.93 2.14
1984 2.08 2.17
1983 2.24 2.18
1982 2.27 2.2
1981 2.33 2.22
1980 2.48 2.24
1979 2.49 2.26
1978 2.35 2.28
1977 2.31 2.31
1976 2.52 2.33
1975 2.65 2.35
1974 2.66 2.38
1973 2.94 2.41
1972 3.09 2.44
1971 2.92 2.47
1970 2.81 2.5
1969 2.99 2.54
1968 3.06 2.57
1967 3.28 2.59
1966 3.59 2.63
1965 3.73 2.66
1964 3.88 2.69
1963 3.99 2.73
1962 3.98 2.76
1961 3.88 2.78
1960 4.29 2.81

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

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

Iceland and Monaco demographics compared

Median age
Iceland

Monaco
1x
Year Median age, years
Iceland Monaco
2024 37.1 55
2023 36.9 55.3
2022 36.7 56
2021 36.7 56.2
2020 36.6 55.7
2019 36.5 55.6
2018 36.4 55.5
2017 36.3 55
2016 36.2 54.4
2015 36 53.7
2014 35.7 52.8
2013 35.5 52
2012 35.4 51.1
2011 35.1 50.1
2010 34.9 49.2
2009 34.6 48.3
2008 34.5 47.6
2007 34.6 47.1
2006 34.5 46.8
2005 34.2 46.5
2004 34 46.2
2003 33.7 46
2002 33.4 45.9
2001 33 45.8
2000 32.8 45.6
1999 32.6 45.3
1998 32.4 45
1997 32.1 44.9
1996 31.8 44.8
1995 31.5 44.7
1994 31.1 44.5
1993 30.8 44.4
1992 30.5 44.3
1991 30.2 44.3
1990 30 44.2
1989 29.6 43.9
1988 29.3 43.7
1987 29.1 43.5
1986 28.8 43.4
1985 28.4 43.4
1984 28 43.5
1983 27.7 43.8
1982 27.5 44.1
1981 27.2 44.2
1980 26.9 44.1
1979 26.7 44
1978 26.4 44
1977 26 44.2
1976 25.7 44.6
1975 25.4 45
1974 25.1 45.1
1973 24.9 44.9
1972 24.8 44.7
1971 24.7 44.7
1970 24.5 44.8
1969 24.3 45
1968 24.2 45.3
1967 24.1 45.2
1966 24.1 45
1965 24.2 44.8
1964 24.4 44.8
1963 24.7 45
1962 24.9 45.3
1961 25.2 45.4
1960 25.4 45.4

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Monaco
GNI, Atlas method
$31.8B
2024
n/a
Government expenditure, % of GDP
46.5%
2024
20%
2025
Education expenditure, % of GDP
7.29%
2022
1.73%
2023
Armed forces personnel
0
2020
n/a
Deficit/surplus, % of GDP
-3.51%
2024
n/a
Unemployment rate
3.56%
2024
6.33%
2016
Services, % of GDP
64.9%
2024
87.2%
2024
Industry, % of GDP
20.1%
2024
12.8%
2024
Economic freedom index
75
2026
83
2025
Income share by richest 10%
22.4%
2019
n/a
Income share by poorest 10%
3.7%
2019
n/a
Number of billionaires
1
2025
2
2025
Percentage of billionaires
0.0003%
2025
0.006%
2025
Listed domestic companies
34
2004
n/a
Total reserves including gold
$6.4B
2024
n/a
Personal remittances received
$246M
2024
n/a
International tourist arrivals
488,000
2020
159,000
2020
International tourism as share of exports
11.9%
2008
n/a
Banked people share
99.9%
2024
n/a

Energy

Iceland Monaco
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
n/a
CO2 emissions per capita
8.52 tons
2024
n/a
Fossil fuel energy use share
10.3%
2023
n/a
Renewable energy use share
82.4%
2021
n/a
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
n/a
Hydroelectric share
70.3%
2023
n/a
Nuclear share
0%
2021
n/a
Electricity access
100%
2023
100%
2023

Society

Iceland Monaco
% of world population
0.005%
2024
0.0005%
2024
Annual migration change
+2,709
2025
+100
2025
Urban population
94.2%
2024
100%
2024
Male:Female ratio
51.2:48.8
2024
48.9:51.1
2024
Average male height
5.97 ft
2025
n/a
Average female height
5.54 ft
2025
n/a
Quality of life index
93.6
2026
87.4
2026
Corruption Perceptions Index
77
2025
82
2025
Higher education index
79
2026
38
2026
Homicides per 100K people
1.07
2022
0
2008
Road traffic mortality per 100K people
2
2019
0
2013
Visa free countries
168
2025
166
2025
Adult literacy rate
99%
2003
99%
2003
English speaking
98%
2023
40%
2025
People using the Internet
99.8%
2023
99.1%
2023

Health

Iceland Monaco
Government health expenditure per capita
$7,642
2024
$8,004
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$677
2023
Life expectancy
83.3 years
2026
86.7 years
2026
Foreign aid share of health expenditure
0%
2023
n/a
Physicians per 1,000 people
4.37
2023
8.61
2020
Age at first childbirth
28.8 years
2023
32.5 years
2021
Maternal mortality per 100K births
3
2023
5
2023
Mortality rate before reaching 5 years of age
2.6
2023
2.7
2023
Obesity rate
21.8%
2022
n/a
Diabetes prevalence
6.9%
2024
6.9%
2024
Air quality index
98
2026
72
2026
Tobacco use prevalence
9.4%
2022
n/a
Pure alcohol consumption per capita
7.94 liters
2020
n/a

Territory

Iceland Monaco
% of world land
0.07%
2026
0.000001%
2026
Land area per capita
100,725 sq mi
2024
20.8 sq mi
2024
Agricultural land area
6,324 sq mi
2026
n/a
Forest area
205.8 sq mi
2026
0 sq mi
2026
Roads length
8,014 mi
2012
47.8 mi
2019

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. United Nations Economic Commission for Europe (UNECE) (2021–2023, retrieved 2026-03-10)
  8. Passport Index (2025, retrieved 2026-02-08)
  9. EduRank (2026, retrieved 2025-10-13)
  10. World Obesity Federation (2022, retrieved 2026-02-08)
  11. Transparency International (2025, retrieved 2026-02-10)
  12. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)

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.