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Iceland vs Nicaragua statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 6.92M in Nicaragua (ranked 108/197). Iceland's land area is 38,931 sq mi versus 46,464 sq mi for Nicaragua (ranked 104th vs. 98th).

By GDP, Iceland ranks 108/197 ($33.3B) and Nicaragua ranks 131/197 ($19.7B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Nicaragua ranks 141/197 ($2,848).

Main facts and rankings

Iceland Nicaragua
Population
397129
7124343
Population rank 173/197 107/197
GDP
$33.3B
2024
$19.7B
2024
GDP rank 108/197 131/197
GDP per capita
$86,041
2024
$2,848
2024
GDP per capita rank 9/197 141/197
GDP per capita, PPP
$84,257
2024
$8,709
2024
Government debt
$19.8B
2024
$7.71B
2024
Debt-to-GDP ratio
59.4%
2024
39.1%
2024
Government debt per person
$51,148
2024
$1,115
2024
Government debt per person rank 9/185 138/185
Average annual personal income after taxes
$55,565
2026
$2,318
2026
Land area 38,931 sq mi 46,464 sq mi
Population density
10.2 ppl/mi²
2026
152.8 ppl/mi²
2026
Fertility rate
1.59
2023
2.22
2023
Median age
37.1 years
2024
26.6 years
2024
Life expectancy
83.3 years
2026
75.4 years
2026

Iceland and Nicaragua: Comparison Charts

Iceland and Nicaragua economies compared

GDP
Iceland

Nicaragua
1x
Year GDP
Iceland Nicaragua
2024 $33,255,181,469 $19,693,982,968
2023 $31,677,891,897 $17,805,842,284
2022 $29,166,102,877 $15,634,572,502
2021 $26,234,872,402 $14,209,020,362
2020 $22,034,665,041 $12,726,422,432
2019 $24,985,687,022 $12,699,023,614
2018 $26,677,652,544 $13,025,221,974
2017 $25,060,086,488 $13,785,893,007
2016 $21,083,713,310 $13,286,093,388
2015 $17,700,486,957 $12,756,696,261
2014 $18,052,183,515 $11,880,438,824
2013 $16,244,319,959 $10,982,988,249
2012 $14,943,757,823 $10,532,017,232
2011 $15,394,005,872 $9,774,329,333
2010 $13,922,711,577 $8,758,602,233
2009 $13,212,543,838 $8,298,702,489
2008 $18,247,921,360 $8,496,967,597
2007 $21,960,110,030 $7,423,375,015
2006 $17,671,649,843 $6,763,672,381
2005 $17,146,410,561 $6,321,324,279
2004 $13,963,943,244 $5,792,932,838
2003 $11,564,687,742 $5,322,228,351
2002 $9,416,199,700 $5,223,727,303
2001 $8,323,401,820 $5,351,752,034
2000 $9,140,168,922 $5,109,587,050
1999 $9,107,644,691 $4,856,026,259
1998 $8,637,732,542 $4,635,347,386
1997 $7,716,781,803 $4,389,973,490
1996 $7,686,566,105 $4,308,351,903
1995 $7,372,640,169 $4,140,470,000
1994 $6,612,804,056 $3,863,185,119
1993 $6,435,952,174 $1,756,454,248
1992 $7,328,497,599 $1,792,800,000
1991 $7,151,260,062 $1,488,804,124
1990 $6,694,851,159 $1,009,455,484
1989 $5,870,854,233 $1,013,184,756
1988 $6,320,093,411 $2,630,900,096
1987 $5,713,281,235 $3,851,200,118
1986 $4,129,080,094 $2,885,799,994
1985 $3,088,359,967 $2,683,699,935
1984 $2,964,568,006 $3,117,599,872
1983 $2,862,634,164 $2,753,100,058
1982 $3,318,714,326 $2,454,499,872
1981 $3,615,094,820 $2,474,700,227
1980 $3,499,616,683 $2,144,300,006
1979 $2,953,176,971 $1,567,599,982
1978 $2,599,627,089 $2,127,699,979
1977 $2,285,707,749 $2,226,999,874
1976 $1,727,845,419 $1,836,899,999
1975 $1,456,052,700 $1,581,599,959
1974 $1,568,154,077 $1,521,400,012
1973 $1,194,794,186 $1,092,900,015
1972 $869,002,946 $878,570,045
1971 $693,679,545 $828,569,953
1970 $545,115,909 $778,569,939
1969 $435,659,610 $750,000,003
1968 $498,365,200 $692,859,985
1967 $652,609,076 $657,140,011
1966 $660,663,763 $607,140,010
1965 $550,150,988 $564,290,020
1964 $456,206,299 $347,119,918
1963 $357,240,896 $297,324,163
1962 $299,309,938 $269,283,804
1961 $266,711,460 $244,144,237
1960 $260,984,499 $227,223,322

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

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

Iceland and Nicaragua economies compared

GDP per capita
Iceland

Nicaragua
1x
Year GDP per capita
Iceland Nicaragua
2024 $86,041 $2,848
2023 $82,139 $2,609
2022 $76,350 $2,323
2021 $70,425 $2,138
2020 $60,128 $1,938
2019 $69,296 $1,959
2018 $75,634 $2,035
2017 $72,976 $2,183
2016 $62,854 $2,132
2015 $53,506 $2,074
2014 $55,140 $1,958
2013 $50,173 $1,835
2012 $46,595 $1,785
2011 $48,255 $1,680
2010 $43,776 $1,527
2009 $41,484 $1,467
2008 $57,489 $1,524
2007 $70,483 $1,350
2006 $58,172 $1,248
2005 $57,784 $1,183
2004 $47,810 $1,099
2003 $39,944 $1,021
2002 $32,749 $1,014
2001 $29,208 $1,052
2000 $32,504 $1,017
1999 $32,834 $980
1998 $31,519 $949
1997 $28,462 $913
1996 $28,584 $911
1995 $27,565 $892
1994 $24,858 $849
1993 $24,404 $394
1992 $28,072 $411
1991 $27,740 $350
1990 $26,272 $242.5
1989 $23,219 $249.2
1988 $25,307 $662
1987 $23,238 $992
1986 $16,980 $761
1985 $12,793 $724
1984 $12,378 $861
1983 $12,080 $780
1982 $14,191 $714
1981 $15,666 $740
1980 $15,340 $659
1979 $13,082 $495
1978 $11,630 $691
1977 $10,305 $744
1976 $7,848 $633
1975 $6,680 $561
1974 $7,287 $557
1973 $5,627 $413
1972 $4,155 $341
1971 $3,366 $331
1970 $2,666 $321
1969 $2,142 $319
1968 $2,473 $304
1967 $3,284 $297.9
1966 $3,378 $284
1965 $2,861 $272.3
1964 $2,414 $172.7
1963 $1,924 $152.5
1962 $1,641 $142.3
1961 $1,490 $132.9
1960 $1,486 $127.5

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

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

Iceland vs. Nicaragua life expectancy calculator

Life expectancy
Iceland

Nicaragua
1x
Year Life expectancy, years
Iceland Nicaragua
2026 83.3 75.4
2025 83.2 75.3
2024 83 75.1
2023 82.7 74.9
2022 81.6 74.5
2021 82.8 70.5
2020 82.7 70.8
2019 82.8 73.8
2018 82.5 73.9
2017 82.2 73.4
2016 81.8 73.2
2015 82.2 72.9
2014 82.4 72.8
2013 81.7 72.6
2012 82.3 72.4
2011 82 72
2010 81.6 71.8
2009 81.4 71.5
2008 81.2 71.4
2007 81.1 71.2
2006 80.9 71
2005 81.2 70.4
2004 80.7 69.5
2003 80.8 68.7
2002 80.3 68
2001 80.4 67
2000 79.5 66.4
1999 79.2 65.9
1998 79.4 64.1
1997 78.7 65.5
1996 78.6 65.2
1995 77.5 64.9
1994 79 64.5
1993 78.8 64.1
1992 78.6 63.7
1991 77.8 63.3
1990 77.7 62.5
1989 77.9 61.9
1988 76.9 59.8
1987 77.1 57.3
1986 77.9 57.6
1985 77.4 56.4
1984 77.3 56.1
1983 76.4 56.9
1982 76.8 58.7
1981 76.2 58.3
1980 76.6 58
1979 76.5 50.8
1978 76.4 53.5
1977 76.1 56.1
1976 76.6 56.1
1975 75.3 55.8
1974 74.1 55.4
1973 74.3 55
1972 74.4 48
1971 73.5 54.2
1970 73.8 53.8
1969 73.7 53.4
1968 73.9 52.9
1967 73.7 52.3
1966 73.1 51.6
1965 73.8 50.6
1964 73.5 49.6
1963 72.9 48.8
1962 73.6 48
1961 73.4 47.3
1960 74 46.4
1959 72.6 46.1
1958 73.3 45.5
1957 73.4 44.9
1956 72.9 44.3
1955 73.3 43.7
1954 73.3 43.1
1953 72.3 42.4
1952 72.4 41.9
1951 71 40.8
1950 71 40.6

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

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

Iceland and Nicaragua population clocks and comparison

Population
Iceland

Nicaragua
1x
Year Population
Iceland Nicaragua
2024 386,506 6,916,140
2023 385,663 6,823,613
2022 382,003 6,730,654
2021 372,520 6,644,741
2020 366,463 6,565,267
2019 360,563 6,483,657
2018 352,721 6,400,080
2017 343,400 6,316,231
2016 335,439 6,232,666
2015 330,815 6,149,417
2014 327,386 6,066,492
2013 323,764 5,983,845
2012 320,716 5,901,287
2011 319,014 5,819,051
2010 318,041 5,737,450
2009 318,499 5,656,601
2008 317,414 5,576,593
2007 311,566 5,497,243
2006 303,782 5,418,855
2005 296,734 5,342,105
2004 292,074 5,272,912
2003 289,521 5,210,963
2002 287,523 5,149,909
2001 284,968 5,087,825
2000 281,205 5,022,633
1999 277,381 4,954,018
1998 274,047 4,883,655
1997 271,128 4,809,573
1996 268,916 4,729,974
1995 267,468 4,642,931
1994 266,021 4,549,316
1993 263,725 4,453,732
1992 261,057 4,357,026
1991 257,797 4,259,637
1990 254,826 4,162,559
1989 252,852 4,066,476
1988 249,740 3,972,320
1987 245,859 3,882,164
1986 243,180 3,794,157
1985 241,405 3,706,479
1984 239,511 3,619,104
1983 236,977 3,530,282
1982 233,860 3,438,745
1981 230,755 3,345,674
1980 228,138 3,252,403
1979 225,735 3,164,525
1978 223,537 3,080,314
1977 221,799 2,992,534
1976 220,154 2,903,851
1975 217,979 2,816,943
1974 215,209 2,732,075
1973 212,317 2,649,278
1972 209,137 2,573,578
1971 206,098 2,499,825
1970 204,438 2,423,065
1969 203,369 2,348,398
1968 201,488 2,275,836
1967 198,751 2,205,567
1966 195,570 2,137,820
1965 192,286 2,072,681
1964 188,983 2,010,176
1963 185,653 1,950,159
1962 182,378 1,892,320
1961 179,029 1,836,451
1960 175,574 1,782,370

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

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

Fertility rates in Iceland and Nicaragua

Fertility rate
Iceland

Nicaragua
1x
Year Fertility rate
Iceland Nicaragua
2023 1.59 2.22
2022 1.59 2.24
2021 1.82 2.27
2020 1.72 2.3
2019 1.74 2.32
2018 1.71 2.35
2017 1.71 2.38
2016 1.74 2.41
2015 1.8 2.43
2014 1.93 2.46
2013 1.93 2.49
2012 2.04 2.53
2011 2.02 2.56
2010 2.2 2.6
2009 2.23 2.63
2008 2.15 2.66
2007 2.09 2.7
2006 2.08 2.73
2005 2.05 2.77
2004 2.04 2.78
2003 1.99 2.83
2002 1.93 2.89
2001 1.95 3
2000 2.08 3.12
1999 1.99 3.22
1998 2.05 3.34
1997 2.04 3.47
1996 2.12 3.62
1995 2.08 3.78
1994 2.14 3.94
1993 2.22 4.1
1992 2.21 4.27
1991 2.18 4.43
1990 2.3 4.6
1989 2.19 4.76
1988 2.26 4.93
1987 2.06 5.07
1986 1.92 5.22
1985 1.93 5.36
1984 2.08 5.49
1983 2.24 5.61
1982 2.27 5.74
1981 2.33 5.84
1980 2.48 5.96
1979 2.49 6.07
1978 2.35 6.16
1977 2.31 6.28
1976 2.52 6.37
1975 2.65 6.45
1974 2.66 6.52
1973 2.94 6.59
1972 3.09 6.65
1971 2.92 6.71
1970 2.81 6.77
1969 2.99 6.83
1968 3.06 6.89
1967 3.28 6.94
1966 3.59 6.99
1965 3.73 7.03
1964 3.88 7.06
1963 3.99 7.08
1962 3.98 7.1
1961 3.88 7.11
1960 4.29 7.16

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

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

Iceland and Nicaragua demographics compared

Median age
Iceland

Nicaragua
1x
Year Median age, years
Iceland Nicaragua
2024 37.1 26.6
2023 36.9 26.3
2022 36.7 25.9
2021 36.7 25.6
2020 36.6 25.3
2019 36.5 25
2018 36.4 24.7
2017 36.3 24.3
2016 36.2 24
2015 36 23.7
2014 35.7 23.4
2013 35.5 23.1
2012 35.4 22.8
2011 35.1 22.5
2010 34.9 22.2
2009 34.6 22
2008 34.5 21.7
2007 34.6 21.4
2006 34.5 21.1
2005 34.2 20.8
2004 34 20.4
2003 33.7 20.1
2002 33.4 19.7
2001 33 19.4
2000 32.8 19.1
1999 32.6 18.8
1998 32.4 18.4
1997 32.1 18.1
1996 31.8 17.9
1995 31.5 17.6
1994 31.1 17.4
1993 30.8 17.2
1992 30.5 17
1991 30.2 16.8
1990 30 16.7
1989 29.6 16.5
1988 29.3 16.4
1987 29.1 16.4
1986 28.8 16.3
1985 28.4 16.3
1984 28 16.3
1983 27.7 16.3
1982 27.5 16.2
1981 27.2 16.2
1980 26.9 16.2
1979 26.7 16.2
1978 26.4 16.2
1977 26 16.2
1976 25.7 16.2
1975 25.4 16.2
1974 25.1 16.2
1973 24.9 16.2
1972 24.8 16.2
1971 24.7 16.1
1970 24.5 16.1
1969 24.3 16.1
1968 24.2 16
1967 24.1 16
1966 24.1 16
1965 24.2 15.9
1964 24.4 15.9
1963 24.7 15.9
1962 24.9 16
1961 25.2 16.1
1960 25.4 16.2

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Nicaragua
GNI, Atlas method
$31.8B
2024
$17.4B
2024
Government expenditure, % of GDP
46.5%
2024
27.1%
2024
Education expenditure, % of GDP
7.29%
2022
2.87%
2023
Military expenditure, % of GDP n/a
0.55%
2024
Armed forces personnel
0
2020
12,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
+2.48%
2024
Unemployment rate
3.56%
2024
5.2%
2018
Services, % of GDP
64.9%
2024
46.8%
2024
Industry, % of GDP
20.1%
2024
27.6%
2024
Economic freedom index
75
2026
53.6
2026
Income share by richest 10%
22.4%
2019
37.2%
2014
Income share by poorest 10%
3.7%
2019
2%
2014
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
$6.1B
2024
Personal remittances received
$246M
2024
$5.25B
2024
International tourist arrivals
488,000
2020
474,000
2020
International tourism as share of exports
11.9%
2008
15.2%
1999
Banked people share
99.9%
2024
23.5%
2024

Energy

Iceland Nicaragua
Energy use, kg of oil equivalent per capita
15,686 kg
2023
608 kg
2022
GDP PPP per kg equivalent of energy use
$5.2
2023
$12.8
2022
Carbon dioxide (CO2) emissions
3.29 megatons
2024
5.74 megatons
2024
CO2 emissions per capita
8.52 tons
2024
0.83 tons
2024
Fossil fuel energy use share
10.3%
2023
39.9%
2022
Renewable energy use share
82.4%
2021
50.4%
2021
Alternative and nuclear energy use share
88.8%
2023
17%
2022
Net energy imports use share
20.5%
2009
46.5%
2022
Electric power consumption per capita
50,951 kWh
2023
682 kWh
2022
Renewable electricity output share
100%
2016
69.5%
2021
Hydroelectric share
70.3%
2023
14.9%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
88.3%
2023

Society

Iceland Nicaragua
% of world population
0.005%
2024
0.09%
2024
Annual migration change
+2,709
2025
-8,371
2025
Urban population
94.2%
2024
59.3%
2024
Male:Female ratio
51.2:48.8
2024
49.2:50.8
2024
Average male height
5.97 ft
2025
5.57 ft
2025
Average female height
5.54 ft
2025
5.1 ft
2025
Quality of life index
93.6
2026
27.3
2026
Corruption Perceptions Index
77
2025
14
2025
Higher education index
79
2026
23
2026
Homicides per 100K people
1.07
2022
11
2021
Road traffic mortality per 100K people
2
2019
16.9
2019
Visa free countries
168
2025
124
2025
Adult literacy rate
99%
2003
82.6%
2015
English speaking
98%
2023
1%
2025
People using the Internet
99.8%
2023
58.2%
2023

Health

Iceland Nicaragua
Government health expenditure per capita
$7,642
2024
$216.6
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$81.5
2023
Life expectancy
83.3 years
2026
75.4 years
2026
Foreign aid share of health expenditure
0%
2023
3.41%
2023
Physicians per 1,000 people
4.37
2023
0.68
2018
Age at first childbirth
28.8 years
2023
19.2 years
2025
Maternal mortality per 100K births
3
2023
60
2023
Mortality rate before reaching 5 years of age
2.6
2023
13.4
2023
Obesity rate
21.8%
2022
34.5%
2022
Diabetes prevalence
6.9%
2024
10.4%
2024
Air quality index
98
2026
58
2026
Tobacco use prevalence
9.4%
2022
n/a
Pure alcohol consumption per capita
7.94 liters
2020
3.67 liters
2020

Territory

Iceland Nicaragua
% of world land
0.07%
2026
0.08%
2026
Land area per capita
100,725 sq mi
2024
6,718 sq mi
2024
Agricultural land area
6,324 sq mi
2026
19,656 sq mi
2026
Forest area
205.8 sq mi
2026
11,998 sq mi
2026
Roads length
8,014 mi
2012
14,849 mi
2014

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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