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Iceland vs Nigeria statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 233M in Nigeria (ranked 6/197). Iceland's land area is 38,931 sq mi versus 351,650 sq mi for Nigeria (ranked 104th vs. 30th).

By GDP, Iceland ranks 108/197 ($33.3B) and Nigeria ranks 54/197 ($252B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Nigeria ranks 174/197 ($1,084).

Main facts and rankings

Iceland Nigeria
Population
397129
243824469
Population rank 173/197 6/197
GDP
$33.3B
2024
$252B
2024
GDP rank 108/197 54/197
GDP per capita
$86,041
2024
$1,084
2024
GDP per capita rank 9/197 174/197
GDP per capita, PPP
$84,257
2024
$9,087
2024
Government debt
$19.8B
2024
$99.2B
2024
Debt-to-GDP ratio
59.4%
2024
39.3%
2024
Government debt per person
$51,148
2024
$426
2024
Government debt per person rank 9/185 170/185
Average annual personal income after taxes
$55,565
2026
$1,104
2026
Land area 38,931 sq mi 351,650 sq mi
Population density
10.2 ppl/mi²
2026
690 ppl/mi²
2026
Fertility rate
1.59
2023
4.48
2023
Median age
37.1 years
2024
19 years
2024
Life expectancy
83.3 years
2026
55 years
2026

Iceland and Nigeria: Comparison Charts

Iceland and Nigeria economies compared

GDP
Iceland

Nigeria
1x
Year GDP
Iceland Nigeria
2024 $33,255,181,469 $252,261,880,141
2023 $31,677,891,897 $487,387,801,881
2022 $29,166,102,877 $646,950,257,578
2021 $26,234,872,402 $609,147,716,973
2020 $22,034,665,041 $598,586,817,819
2019 $24,985,687,022 $668,219,992,691
2018 $26,677,652,544 $421,739,251,509
2017 $25,060,086,488 $375,745,731,053
2016 $21,083,713,310 $404,649,125,252
2015 $17,700,486,957 $493,026,682,801
2014 $18,052,183,515 $574,183,763,412
2013 $16,244,319,959 $520,117,180,314
2012 $14,943,757,823 $463,971,018,239
2011 $15,394,005,872 $414,466,676,831
2010 $13,922,711,577 $366,990,417,129
2009 $13,212,543,838 $295,008,835,381
2008 $18,247,921,360 $339,476,276,258
2007 $21,960,110,030 $278,260,846,800
2006 $17,671,649,843 $238,454,997,161
2005 $17,146,410,561 $175,670,569,969
2004 $13,963,943,244 $135,764,731,646
2003 $11,564,687,742 $104,738,954,264
2002 $9,416,199,700 $95,054,059,303
2001 $8,323,401,820 $73,557,840,064
2000 $9,140,168,922 $69,171,451,627
1999 $9,107,644,691 $59,145,077,039
1998 $8,637,732,542 $218,416,200,673
1997 $7,716,781,803 $200,850,397,618
1996 $7,686,566,105 $185,730,236,700
1995 $7,372,640,169 $140,919,776,986
1994 $6,612,804,056 $80,399,613,064
1993 $6,435,952,174 $56,721,051,402
1992 $7,328,497,599 $52,058,181,854
1991 $7,151,260,062 $59,526,833,412
1990 $6,694,851,159 $54,035,795,388
1989 $5,870,854,233 $44,003,061,108
1988 $6,320,093,411 $49,648,470,440
1987 $5,713,281,235 $52,676,041,931
1986 $4,129,080,094 $54,805,852,581
1985 $3,088,359,967 $73,745,821,158
1984 $2,964,568,006 $73,484,359,521
1983 $2,862,634,164 $97,094,911,792
1982 $3,318,714,326 $142,769,363,314
1981 $3,615,094,820 $164,475,209,516
1980 $3,499,616,683 $64,201,788,123
1979 $2,953,176,971 $47,259,911,894
1978 $2,599,627,089 $36,527,862,209
1977 $2,285,707,749 $36,035,407,725
1976 $1,727,845,419 $36,308,883,249
1975 $1,456,052,700 $27,778,934,625
1974 $1,568,154,077 $24,846,641,318
1973 $1,194,794,186 $15,162,871,287
1972 $869,002,946 $12,274,416,018
1971 $693,679,545 $9,181,769,912
1970 $545,115,909 $12,546,094,982
1969 $435,659,610 $6,634,317,346
1968 $498,365,200 $5,200,997,920
1967 $652,609,076 $5,203,237,919
1966 $660,663,763 $6,366,917,453
1965 $550,150,988 $5,874,537,650
1964 $456,206,299 $5,552,931,319
1963 $357,240,896 $5,165,590,254
1962 $299,309,938 $4,909,399,176
1961 $266,711,460 $4,467,287,893
1960 $260,984,499 $4,196,174,502

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

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

Iceland and Nigeria economies compared

GDP per capita
Iceland

Nigeria
1x
Year GDP per capita
Iceland Nigeria
2024 $86,041 $1,084
2023 $82,139 $2,139
2022 $76,350 $2,899
2021 $70,425 $2,787
2020 $60,128 $2,797
2019 $69,296 $3,190
2018 $75,634 $2,058
2017 $72,976 $1,876
2016 $62,854 $2,070
2015 $53,506 $2,586
2014 $55,140 $3,089
2013 $50,173 $2,873
2012 $46,595 $2,633
2011 $48,255 $2,418
2010 $43,776 $2,202
2009 $41,484 $1,820
2008 $57,489 $2,154
2007 $70,483 $1,816
2006 $58,172 $1,600
2005 $57,784 $1,211
2004 $47,810 $962
2003 $39,944 $763
2002 $32,749 $712
2001 $29,208 $566
2000 $32,504 $547
1999 $32,834 $481
1998 $31,519 $1,822
1997 $28,462 $1,720
1996 $28,584 $1,633
1995 $27,565 $1,272
1994 $24,858 $745
1993 $24,404 $540
1992 $28,072 $509
1991 $27,740 $597
1990 $26,272 $556
1989 $23,219 $465
1988 $25,307 $540
1987 $23,238 $588
1986 $16,980 $628
1985 $12,793 $869
1984 $12,378 $890
1983 $12,080 $1,207
1982 $14,191 $1,822
1981 $15,666 $2,162
1980 $15,340 $870
1979 $13,082 $661
1978 $11,630 $527
1977 $10,305 $536
1976 $7,848 $556
1975 $6,680 $438
1974 $7,287 $403
1973 $5,627 $252.4
1972 $4,155 $209.5
1971 $3,366 $160.5
1970 $2,666 $224.5
1969 $2,142 $121.4
1968 $2,473 $97.3
1967 $3,284 $99.5
1966 $3,378 $124.4
1965 $2,861 $117.3
1964 $2,414 $113.3
1963 $1,924 $107.7
1962 $1,641 $104.5
1961 $1,490 $97.1
1960 $1,486 $93.1

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

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

Iceland vs. Nigeria life expectancy calculator

Life expectancy
Iceland

Nigeria
1x
Year Life expectancy, years
Iceland Nigeria
2026 83.3 55
2025 83.2 54.8
2024 83 54.6
2023 82.7 54.5
2022 81.6 54.1
2021 82.8 53.5
2020 82.7 53.1
2019 82.8 53
2018 82.5 52.7
2017 82.2 52.4
2016 81.8 52.2
2015 82.2 51.9
2014 82.4 51.9
2013 81.7 51.8
2012 82.3 51.7
2011 82 51.5
2010 81.6 51.3
2009 81.4 51.1
2008 81.2 50.7
2007 81.1 50.4
2006 80.9 49.9
2005 81.2 49.5
2004 80.7 49.1
2003 80.8 48.6
2002 80.3 48
2001 80.4 47.5
2000 79.5 47.1
1999 79.2 46.6
1998 79.4 46.1
1997 78.7 46
1996 78.6 45.8
1995 77.5 45.9
1994 79 45.7
1993 78.8 45.8
1992 78.6 45.6
1991 77.8 45.5
1990 77.7 45.7
1989 77.9 45.8
1988 76.9 45.8
1987 77.1 45.9
1986 77.9 46
1985 77.4 46.2
1984 77.3 46.3
1983 76.4 46.4
1982 76.8 46.4
1981 76.2 46.3
1980 76.6 46
1979 76.5 45.7
1978 76.4 45.3
1977 76.1 44.8
1976 76.6 44.2
1975 75.3 43.1
1974 74.1 42.5
1973 74.3 41.8
1972 74.4 41.3
1971 73.5 40.6
1970 73.8 40
1969 73.7 38.9
1968 73.9 38.6
1967 73.7 37.5
1966 73.1 38.4
1965 73.8 38.2
1964 73.5 38
1963 72.9 37.8
1962 73.6 37.6
1961 73.4 37.4
1960 74 37.2
1959 72.6 37
1958 73.3 36.8
1957 73.4 36.6
1956 72.9 36.5
1955 73.3 36.3
1954 73.3 36.2
1953 72.3 36
1952 72.4 35.9
1951 71 35.7
1950 71 35.5

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

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

Iceland and Nigeria population clocks and comparison

Population
Iceland

Nigeria
1x
Year Population
Iceland Nigeria
2024 386,506 232,679,478
2023 385,663 227,882,945
2022 382,003 223,150,896
2021 372,520 218,529,286
2020 366,463 213,996,181
2019 360,563 209,485,641
2018 352,721 204,938,755
2017 343,400 200,254,579
2016 335,439 195,443,700
2015 330,815 190,671,878
2014 327,386 185,896,915
2013 323,764 181,049,443
2012 320,716 176,200,625
2011 319,014 171,379,598
2010 318,041 166,642,886
2009 318,499 162,049,464
2008 317,414 157,595,014
2007 311,566 153,267,261
2006 303,782 149,077,334
2005 296,734 145,017,253
2004 292,074 141,057,045
2003 289,521 137,202,644
2002 287,523 133,471,989
2001 284,968 129,862,595
2000 281,205 126,382,494
1999 277,381 123,047,320
1998 274,047 119,846,254
1997 271,128 116,754,792
1996 268,916 113,754,779
1995 267,468 110,819,428
1994 266,021 107,935,714
1993 263,725 105,122,069
1992 261,057 102,372,770
1991 257,797 99,720,162
1990 254,826 97,120,925
1989 252,852 94,531,014
1988 249,740 92,020,090
1987 245,859 89,591,716
1986 243,180 87,235,953
1985 241,405 84,897,973
1984 239,511 82,526,443
1983 236,977 80,438,260
1982 233,860 78,378,701
1981 230,755 76,068,103
1980 228,138 73,764,641
1979 225,735 71,498,242
1978 223,537 69,326,532
1977 221,799 67,234,590
1976 220,154 65,258,009
1975 217,979 63,410,815
1974 215,209 61,679,144
1973 212,317 60,082,139
1972 209,137 58,601,748
1971 206,098 57,214,684
1970 204,438 55,893,838
1969 203,369 54,631,914
1968 201,488 53,432,783
1967 198,751 52,293,065
1966 195,570 51,188,234
1965 192,286 50,086,764
1964 188,983 49,012,016
1963 185,653 47,973,575
1962 182,378 46,965,292
1961 179,029 45,989,310
1960 175,574 45,053,782

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

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

Fertility rates in Iceland and Nigeria

Fertility rate
Iceland

Nigeria
1x
Year Fertility rate
Iceland Nigeria
2023 1.59 4.48
2022 1.59 4.55
2021 1.82 4.64
2020 1.72 4.7
2019 1.74 4.86
2018 1.71 5.02
2017 1.71 5.18
2016 1.74 5.34
2015 1.8 5.5
2014 1.93 5.62
2013 1.93 5.69
2012 2.04 5.8
2011 2.02 5.89
2010 2.2 5.95
2009 2.23 5.99
2008 2.15 6.02
2007 2.09 6.03
2006 2.08 6.05
2005 2.05 6.06
2004 2.04 6.09
2003 1.99 6.1
2002 1.93 6.12
2001 1.95 6.13
2000 2.08 6.12
1999 1.99 6.08
1998 2.05 6.07
1997 2.04 6.14
1996 2.12 6.22
1995 2.08 6.27
1994 2.14 6.32
1993 2.22 6.35
1992 2.21 6.39
1991 2.18 6.43
1990 2.3 6.46
1989 2.19 6.49
1988 2.26 6.5
1987 2.06 6.5
1986 1.92 6.56
1985 1.93 6.62
1984 2.08 6.7
1983 2.24 6.78
1982 2.27 6.8
1981 2.33 6.82
1980 2.48 6.85
1979 2.49 6.89
1978 2.35 6.92
1977 2.31 6.86
1976 2.52 6.81
1975 2.65 6.77
1974 2.66 6.7
1973 2.94 6.63
1972 3.09 6.58
1971 2.92 6.53
1970 2.81 6.47
1969 2.99 6.44
1968 3.06 6.42
1967 3.28 6.4
1966 3.59 6.39
1965 3.73 6.37
1964 3.88 6.36
1963 3.99 6.35
1962 3.98 6.36
1961 3.88 6.35
1960 4.29 6.36

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

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

Iceland and Nigeria demographics compared

Median age
Iceland

Nigeria
1x
Year Median age, years
Iceland Nigeria
2024 37.1 19
2023 36.9 18.8
2022 36.7 18.7
2021 36.7 18.5
2020 36.6 18.3
2019 36.5 18.2
2018 36.4 18
2017 36.3 17.9
2016 36.2 17.8
2015 36 17.8
2014 35.7 17.7
2013 35.5 17.7
2012 35.4 17.7
2011 35.1 17.7
2010 34.9 17.8
2009 34.6 17.8
2008 34.5 17.8
2007 34.6 17.9
2006 34.5 17.9
2005 34.2 17.9
2004 34 17.9
2003 33.7 17.9
2002 33.4 17.9
2001 33 17.9
2000 32.8 17.9
1999 32.6 17.9
1998 32.4 17.8
1997 32.1 17.7
1996 31.8 17.6
1995 31.5 17.6
1994 31.1 17.5
1993 30.8 17.4
1992 30.5 17.4
1991 30.2 17.3
1990 30 17.3
1989 29.6 17.3
1988 29.3 17.3
1987 29.1 17.3
1986 28.8 17.3
1985 28.4 17.3
1984 28 17.4
1983 27.7 17.5
1982 27.5 17.6
1981 27.2 17.7
1980 26.9 17.8
1979 26.7 17.9
1978 26.4 18
1977 26 18.2
1976 25.7 18.3
1975 25.4 18.4
1974 25.1 18.5
1973 24.9 18.6
1972 24.8 18.7
1971 24.7 18.8
1970 24.5 18.9
1969 24.3 19.1
1968 24.2 19.2
1967 24.1 19.2
1966 24.1 19.3
1965 24.2 19.3
1964 24.4 19.3
1963 24.7 19.3
1962 24.9 19.3
1961 25.2 19.3
1960 25.4 19.3

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Nigeria
GNI, Atlas method
$31.8B
2024
$396B
2024
Government expenditure, % of GDP
46.5%
2024
12.3%
2024
Education expenditure, % of GDP
7.29%
2022
0.32%
2023
Military expenditure, % of GDP n/a
0.56%
2024
Armed forces personnel
0
2020
223,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-1.57%
2024
Unemployment rate
3.56%
2024
3.45%
2024
Services, % of GDP
64.9%
2024
53.7%
2024
Industry, % of GDP
20.1%
2024
18.2%
2024
Economic freedom index
75
2026
54.8
2026
Income share by richest 10%
22.4%
2019
26.3%
2022
Income share by poorest 10%
3.7%
2019
3%
2022
Number of billionaires
1
2025
4
2025
Percentage of billionaires
0.0003%
2025
0.000004%
2025
Listed domestic companies
34
2004
169
2024
Market capitalization of domestic companies n/a
$54.4B
2024
Total reserves including gold
$6.4B
2024
$38.6B
2024
Personal remittances received
$246M
2024
$21.3B
2024
International tourist arrivals
488,000
2020
5,265,000
2016
International tourism as share of exports
11.9%
2008
0.8%
2020
Banked people share
99.9%
2024
63.3%
2024

Energy

Iceland Nigeria
Energy use, kg of oil equivalent per capita
15,686 kg
2023
333 kg
2022
GDP PPP per kg equivalent of energy use
$5.2
2023
$24.9
2022
Carbon dioxide (CO2) emissions
3.29 megatons
2024
131.9 megatons
2024
CO2 emissions per capita
8.52 tons
2024
0.57 tons
2024
Fossil fuel energy use share
10.3%
2023
55.7%
2022
Renewable energy use share
82.4%
2021
80.3%
2021
Alternative and nuclear energy use share
88.8%
2023
1.08%
2022
Net energy imports use share
20.5%
2009
-66.3%
2022
Electric power consumption per capita
50,951 kWh
2023
135.6 kWh
2022
Renewable electricity output share
100%
2016
23.8%
2021
Hydroelectric share
70.3%
2023
24.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
61.2%
2023

Society

Iceland Nigeria
% of world population
0.005%
2024
2.86%
2024
Annual migration change
+2,709
2025
-15,258
2025
Urban population
94.2%
2024
63%
2024
Male:Female ratio
51.2:48.8
2024
50.6:49.4
2024
Average male height
5.97 ft
2025
5.63 ft
2025
Average female height
5.54 ft
2025
5.19 ft
2025
Quality of life index
93.6
2026
15.2
2026
Corruption Perceptions Index
77
2025
26
2025
Higher education index
79
2026
57
2026
Homicides per 100K people
1.07
2022
21.7
2019
Road traffic mortality per 100K people
2
2019
20.7
2019
Visa free countries
168
2025
52
2025
Adult literacy rate
99%
2003
70.4%
2024
English speaking
98%
2023
60.6%
2023
People using the Internet
99.8%
2023
39.2%
2023

Health

Iceland Nigeria
Government health expenditure per capita
$7,642
2024
$66.8
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$48
2023
Life expectancy
83.3 years
2026
55 years
2026
Foreign aid share of health expenditure
0%
2023
11.3%
2023
Physicians per 1,000 people
4.37
2023
0.38
2023
Age at first childbirth
28.8 years
2023
20.4 years
2025
Maternal mortality per 100K births
3
2023
993
2023
Mortality rate before reaching 5 years of age
2.6
2023
104.9
2023
Obesity rate
21.8%
2022
12.8%
2022
Diabetes prevalence
6.9%
2024
3%
2024
Air quality index
98
2026
8
2026
Tobacco use prevalence
9.4%
2022
3.3%
2022
Pure alcohol consumption per capita
7.94 liters
2020
3.78 liters
2020

Territory

Iceland Nigeria
% of world land
0.07%
2026
0.61%
2026
Land area per capita
100,725 sq mi
2024
1,511 sq mi
2024
Agricultural land area
6,324 sq mi
2026
267,948 sq mi
2026
Forest area
205.8 sq mi
2026
81,611 sq mi
2026
Roads length
8,014 mi
2012
121,167 mi
2017

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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