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Iceland vs Montenegro statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 624K in Montenegro (ranked 166/197). Iceland's land area is 38,931 sq mi versus 5,193 sq mi for Montenegro (ranked 104th vs. 156th).

By GDP, Iceland ranks 108/197 ($33.3B) and Montenegro ranks 155/197 ($8.27B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Montenegro ranks 77/197 ($13,263).

Main facts and rankings

Iceland Montenegro
Population
397129
612312
Population rank 173/197 166/197
GDP
$33.3B
2024
$8.27B
2024
GDP rank 108/197 155/197
GDP per capita
$86,041
2024
$13,263
2024
GDP per capita rank 9/197 77/197
GDP per capita, PPP
$84,257
2024
$34,063
2024
Government debt
$19.8B
2024
$5.02B
2024
Debt-to-GDP ratio
59.4%
2024
60.8%
2024
Government debt per person
$51,148
2024
$8,058
2024
Government debt per person rank 9/185 64/185
Average annual personal income after taxes
$55,565
2026
$11,119
2026
Land area 38,931 sq mi 5,193 sq mi
Population density
10.2 ppl/mi²
2026
117.9 ppl/mi²
2026
Fertility rate
1.59
2023
1.74
2023
Median age
37.1 years
2024
40.6 years
2024
Life expectancy
83.3 years
2026
77.6 years
2026

Iceland and Montenegro: Comparison Charts

Iceland and Montenegro economies compared

GDP
Iceland

Montenegro
1x
Year GDP
Iceland Montenegro
2024 $33,255,181,469 $8,270,016,671
2023 $31,677,891,897 $7,644,389,160
2022 $29,166,102,877 $6,251,215,144
2021 $26,234,872,402 $5,823,715,810
2020 $22,034,665,041 $4,723,571,498
2019 $24,985,687,022 $5,483,476,883
2018 $26,677,652,544 $5,433,467,175
2017 $25,060,086,488 $4,803,962,016
2016 $21,083,713,310 $4,357,469,330
2015 $17,700,486,957 $4,010,885,991
2014 $18,052,183,515 $4,579,636,602
2013 $16,244,319,959 $4,422,097,763
2012 $14,943,757,823 $4,071,829,462
2011 $15,394,005,872 $4,507,126,949
2010 $13,922,711,577 $4,136,936,189
2009 $13,212,543,838 $4,142,640,317
2008 $18,247,921,360 $4,540,861,726
2007 $21,960,110,030 $3,677,910,895
2006 $17,671,649,843 $2,717,702,923
2005 $17,146,410,561 $2,257,174,481
2004 $13,963,943,244 $2,073,234,418
2003 $11,564,687,742 $1,707,710,053
2002 $9,416,199,700 $1,284,685,051
2001 $8,323,401,820 $1,159,869,246
2000 $9,140,168,922 $984,293,044
1999 $9,107,644,691 $828,950,327
1998 $8,637,732,542 $854,261,161
1997 $7,716,781,803 $838,288,806
1996 $7,686,566,105 -
1995 $7,372,640,169 -
1994 $6,612,804,056 -
1993 $6,435,952,174 -
1992 $7,328,497,599 -
1991 $7,151,260,062 -
1990 $6,694,851,159 -
1989 $5,870,854,233 -
1988 $6,320,093,411 -
1987 $5,713,281,235 -
1986 $4,129,080,094 -
1985 $3,088,359,967 -
1984 $2,964,568,006 -
1983 $2,862,634,164 -
1982 $3,318,714,326 -
1981 $3,615,094,820 -
1980 $3,499,616,683 -
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/montenegro | CC BY

Iceland and Montenegro economies compared

GDP per capita
Iceland

Montenegro
1x
Year GDP per capita
Iceland Montenegro
2024 $86,041 $13,263
2023 $82,139 $12,260
2022 $76,350 $10,025
2021 $70,425 $9,317
2020 $60,128 $7,539
2019 $69,296 $8,749
2018 $75,634 $8,674
2017 $72,976 $7,674
2016 $62,854 $6,968
2015 $53,506 $6,421
2014 $55,140 $7,342
2013 $50,173 $7,103
2012 $46,595 $6,552
2011 $48,255 $7,266
2010 $43,776 $6,679
2009 $41,484 $6,700
2008 $57,489 $7,360
2007 $70,483 $5,972
2006 $58,172 $4,419
2005 $57,784 $3,675
2004 $47,810 $3,380
2003 $39,944 $2,789
2002 $32,749 $2,107
2001 $29,208 $1,910
2000 $32,504 $1,627
1999 $32,834 $1,368
1998 $31,519 $1,406
1997 $28,462 $1,375
1996 $28,584 -
1995 $27,565 -
1994 $24,858 -
1993 $24,404 -
1992 $28,072 -
1991 $27,740 -
1990 $26,272 -
1989 $23,219 -
1988 $25,307 -
1987 $23,238 -
1986 $16,980 -
1985 $12,793 -
1984 $12,378 -
1983 $12,080 -
1982 $14,191 -
1981 $15,666 -
1980 $15,340 -
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/montenegro | CC BY

Iceland vs. Montenegro life expectancy calculator

Life expectancy
Iceland

Montenegro
1x
Year Life expectancy, years
Iceland Montenegro
2026 83.3 77.6
2025 83.2 77.4
2024 83 77.3
2023 82.7 77.1
2022 81.6 75.9
2021 82.8 73.8
2020 82.7 75.9
2019 82.8 76.6
2018 82.5 76.9
2017 82.2 76.6
2016 81.8 76.6
2015 82.2 76.6
2014 82.4 76.5
2013 81.7 76.4
2012 82.3 76.2
2011 82 76
2010 81.6 75.7
2009 81.4 75.4
2008 81.2 75
2007 81.1 74.7
2006 80.9 74.7
2005 81.2 74.4
2004 80.7 74.4
2003 80.8 74.2
2002 80.3 74.1
2001 80.4 73.7
2000 79.5 73.6
1999 79.2 73.3
1998 79.4 73.4
1997 78.7 73.5
1996 78.6 73.6
1995 77.5 73.7
1994 79 73.8
1993 78.8 73.9
1992 78.6 73.8
1991 77.8 74
1990 77.7 73.9
1989 77.9 73.8
1988 76.9 73.4
1987 77.1 73.2
1986 77.9 72.8
1985 77.4 72.4
1984 77.3 72.3
1983 76.4 72.3
1982 76.8 72.3
1981 76.2 72.1
1980 76.6 72.2
1979 76.5 71.5
1978 76.4 71.9
1977 76.1 71.8
1976 76.6 72.1
1975 75.3 71.9
1974 74.1 71.6
1973 74.3 71.6
1972 74.4 71.2
1971 73.5 70.8
1970 73.8 70.4
1969 73.7 70.2
1968 73.9 69.8
1967 73.7 69.3
1966 73.1 68.6
1965 73.8 68.1
1964 73.5 67.4
1963 72.9 66.8
1962 73.6 66.4
1961 73.4 66.1
1960 74 65.7
1959 72.6 64.7
1958 73.3 63.8
1957 73.4 63
1956 72.9 62
1955 73.3 60.9
1954 73.3 60.8
1953 72.3 59.7
1952 72.4 59.1
1951 71 58.5
1950 71 58

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

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

Iceland and Montenegro population clocks and comparison

Population
Iceland

Montenegro
1x
Year Population
Iceland Montenegro
2024 386,506 623,525
2023 385,663 623,529
2022 382,003 623,591
2021 372,520 625,053
2020 366,463 626,590
2019 360,563 626,753
2018 352,721 626,438
2017 343,400 625,982
2016 335,439 625,353
2015 330,815 624,651
2014 327,386 623,744
2013 323,764 622,587
2012 320,716 621,418
2011 319,014 620,345
2010 318,041 619,428
2009 318,499 618,294
2008 317,414 616,969
2007 311,566 615,875
2006 303,782 615,025
2005 296,734 614,261
2004 292,074 613,353
2003 289,521 612,267
2002 287,523 609,828
2001 284,968 607,389
2000 281,205 604,950
1999 277,381 606,001
1998 274,047 607,662
1997 271,128 609,520
1996 268,916 611,003
1995 267,468 611,712
1994 266,021 611,389
1993 263,725 610,170
1992 261,057 608,516
1991 257,797 607,105
1990 254,826 606,372
1989 252,852 606,571
1988 249,740 607,413
1987 245,859 608,144
1986 243,180 607,711
1985 241,405 605,398
1984 239,511 600,884
1983 236,977 594,506
1982 233,860 587,001
1981 230,755 579,445
1980 228,138 572,608
1979 225,735 566,888
1978 223,537 562,065
1977 221,799 557,576
1976 220,154 552,562
1975 217,979 546,487
1974 215,209 538,902
1973 212,317 530,220
1972 209,137 521,785
1971 206,098 515,449
1970 204,438 512,407
1969 203,369 513,340
1968 201,488 517,481
1967 198,751 522,796
1966 195,570 526,419
1965 192,286 526,327
1964 188,983 521,753
1963 185,653 513,409
1962 182,378 502,558
1961 179,029 491,140
1960 175,574 480,579

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

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

Fertility rates in Iceland and Montenegro

Fertility rate
Iceland

Montenegro
1x
Year Fertility rate
Iceland Montenegro
2023 1.59 1.74
2022 1.59 1.8
2021 1.82 1.75
2020 1.72 1.75
2019 1.74 1.8
2018 1.71 1.8
2017 1.71 1.8
2016 1.74 1.8
2015 1.8 1.7
2014 1.93 1.75
2013 1.93 1.73
2012 2.04 1.72
2011 2.02 1.65
2010 2.2 1.7
2009 2.23 1.98
2008 2.15 1.89
2007 2.09 1.8
2006 2.08 1.73
2005 2.05 1.69
2004 2.04 1.73
2003 1.99 1.8
2002 1.93 1.81
2001 1.95 1.86
2000 2.08 1.9
1999 1.99 1.88
1998 2.05 1.89
1997 2.04 1.89
1996 2.12 1.92
1995 2.08 1.96
1994 2.14 1.94
1993 2.22 1.96
1992 2.21 2.01
1991 2.18 2.02
1990 2.3 1.95
1989 2.19 1.94
1988 2.26 2.01
1987 2.06 2.07
1986 1.92 2.09
1985 1.93 2.13
1984 2.08 2.14
1983 2.24 2.17
1982 2.27 2.19
1981 2.33 2.19
1980 2.48 2.22
1979 2.49 2.2
1978 2.35 2.25
1977 2.31 2.31
1976 2.52 2.35
1975 2.65 2.38
1974 2.66 2.43
1973 2.94 2.51
1972 3.09 2.61
1971 2.92 2.67
1970 2.81 2.69
1969 2.99 2.79
1968 3.06 2.8
1967 3.28 2.91
1966 3.59 3.09
1965 3.73 3.19
1964 3.88 3.28
1963 3.99 3.38
1962 3.98 3.44
1961 3.88 3.49
1960 4.29 3.53

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

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

Iceland and Montenegro demographics compared

Median age
Iceland

Montenegro
1x
Year Median age, years
Iceland Montenegro
2024 37.1 40.6
2023 36.9 40.3
2022 36.7 40.1
2021 36.7 39.9
2020 36.6 39.7
2019 36.5 39.4
2018 36.4 39
2017 36.3 38.6
2016 36.2 38.2
2015 36 37.8
2014 35.7 37.5
2013 35.5 37.1
2012 35.4 36.9
2011 35.1 36.6
2010 34.9 36.3
2009 34.6 36
2008 34.5 35.7
2007 34.6 35.4
2006 34.5 35
2005 34.2 34.7
2004 34 34.4
2003 33.7 34.2
2002 33.4 33.9
2001 33 33.6
2000 32.8 33.3
1999 32.6 33
1998 32.4 32.7
1997 32.1 32.3
1996 31.8 31.9
1995 31.5 31.6
1994 31.1 31.2
1993 30.8 30.8
1992 30.5 30.4
1991 30.2 30.1
1990 30 29.7
1989 29.6 29.5
1988 29.3 29.2
1987 29.1 28.9
1986 28.8 28.6
1985 28.4 28.2
1984 28 27.9
1983 27.7 27.5
1982 27.5 27.2
1981 27.2 26.8
1980 26.9 26.5
1979 26.7 26.3
1978 26.4 26
1977 26 25.7
1976 25.7 25.3
1975 25.4 25
1974 25.1 24.7
1973 24.9 24.4
1972 24.8 24.1
1971 24.7 23.9
1970 24.5 23.9
1969 24.3 23.8
1968 24.2 23.7
1967 24.1 23.6
1966 24.1 23.5
1965 24.2 23.4
1964 24.4 23.2
1963 24.7 23.1
1962 24.9 22.9
1961 25.2 22.8
1960 25.4 22.7

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Montenegro
GNI, Atlas method
$31.8B
2024
$7.61B
2024
Government expenditure, % of GDP
46.5%
2024
43.5%
2024
Education expenditure, % of GDP
7.29%
2022
n/a
Military expenditure, % of GDP n/a
1.83%
2024
Armed forces personnel
0
2020
12,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-2.81%
2024
Unemployment rate
3.56%
2024
13.1%
2023
Services, % of GDP
64.9%
2024
63.8%
2024
Industry, % of GDP
20.1%
2024
12.2%
2024
Economic freedom index
75
2026
63.8
2026
Income share by richest 10%
22.4%
2019
24.7%
2021
Income share by poorest 10%
3.7%
2019
2.1%
2021
Number of billionaires
1
2025
n/a
Percentage of billionaires
0.0003%
2025
n/a
Listed domestic companies
34
2004
112
2012
Market capitalization of domestic companies n/a
$3.79B
2012
Total reserves including gold
$6.4B
2024
$1.74B
2024
Personal remittances received
$246M
2024
$855M
2024
International tourist arrivals
488,000
2020
351,000
2020
International tourism as share of exports
11.9%
2008
14.4%
2020
Banked people share
99.9%
2024
75.4%
2024

Energy

Iceland Montenegro
Energy use, kg of oil equivalent per capita
15,686 kg
2023
1,722 kg
2023
GDP PPP per kg equivalent of energy use
$5.2
2023
$18.5
2023
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
72.2%
2022
Renewable energy use share
82.4%
2021
39.6%
2021
Alternative and nuclear energy use share
88.8%
2023
20.6%
2023
Net energy imports use share
20.5%
2009
24.4%
2023
Electric power consumption per capita
50,951 kWh
2023
4,564 kWh
2023
Renewable electricity output share
100%
2016
61.8%
2021
Hydroelectric share
70.3%
2023
53.1%
2023
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Iceland Montenegro
% of world population
0.005%
2024
0.008%
2024
Annual migration change
+2,709
2025
-9,279
2025
Urban population
94.2%
2024
65.5%
2024
Male:Female ratio
51.2:48.8
2024
48.1:51.9
2024
Average male height
5.97 ft
2025
6.01 ft
2025
Average female height
5.54 ft
2025
5.58 ft
2025
Quality of life index
93.6
2026
64.2
2026
Corruption Perceptions Index
77
2025
46
2025
Higher education index
79
2026
60
2026
Homicides per 100K people
1.07
2022
0.79
2023
Road traffic mortality per 100K people
2
2019
7.6
2019
Visa free countries
168
2025
130
2025
Adult literacy rate
99%
2003
99%
2021
English speaking
98%
2023
26%
2025
People using the Internet
99.8%
2023
88.9%
2024

Health

Iceland Montenegro
Government health expenditure per capita
$7,642
2024
$1,148
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$302
2023
Life expectancy
83.3 years
2026
77.6 years
2026
Foreign aid share of health expenditure
0%
2023
0.12%
2023
Physicians per 1,000 people
4.37
2023
2.78
2023
Age at first childbirth
28.8 years
2023
26.3 years
2010
Maternal mortality per 100K births
3
2023
6
2023
Mortality rate before reaching 5 years of age
2.6
2023
2.6
2023
Obesity rate
21.8%
2022
18.7%
2022
Diabetes prevalence
6.9%
2024
10.7%
2024
Air quality index
98
2026
48
2026
Tobacco use prevalence
9.4%
2022
32%
2022
Pure alcohol consumption per capita
7.94 liters
2020
10.3 liters
2019

Territory

Iceland Montenegro
% of world land
0.07%
2026
0.009%
2026
Land area per capita
100,725 sq mi
2024
8,329 sq mi
2024
Agricultural land area
6,324 sq mi
2026
1,017 sq mi
2026
Forest area
205.8 sq mi
2026
3,193 sq mi
2026
Roads length
8,014 mi
2012
4,823 mi
2010

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) (2010–2023, retrieved 2026-03-10)
  8. World Obesity Federation (2022, retrieved 2026-02-08)
  9. Passport Index (2025, retrieved 2026-02-08)
  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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