Iceland has a population of 392K (ranked 173/197), compared with 4.57M in Panama (ranked 128/197). Iceland's land area is 38,931 sq mi versus 28,641 sq mi for Panama (ranked 104th vs. 115th).
By GDP, Iceland ranks 105/197 ($38.6B) and Panama ranks 82/197 ($90.5B). By GDP per capita, Iceland ranks 8/197 ($98,323), while Panama ranks 62/197 ($19,790).
Main facts and rankings
Iceland
|
Panama
|
|
|---|---|---|
| Population |
398674
|
4654479
|
| Population rank | 173/197 | 128/197 |
| GDP |
$38.6B
2025 |
$90.5B
2025 |
| GDP rank | 105/197 | 82/197 |
| GDP per capita |
$98,323
2025 |
$19,790
2025 |
| GDP per capita rank | 8/197 | 62/197 |
| GDP per capita, PPP |
$84,257
2024 |
$41,369
2024 |
| Government debt |
$21.6B
2025 |
$51.2B
2025 |
| Debt-to-GDP ratio |
56.1%
2025 |
56.6%
2025 |
| Government debt per person |
$55,165
2025 |
$11,198
2025 |
| Government debt per person rank | 9/185 | 56/185 |
| Average annual personal income after taxes |
$54,153
2026 |
$11,056
2026 |
| Land area | 38,931 sq mi | 28,641 sq mi |
| Population density |
10.2 ppl/mi²
2026 |
161.5 ppl/mi²
2026 |
| Fertility rate |
1.56
2024 |
2.11
2024 |
| Median age |
37.4 years
2025 |
31.3 years
2025 |
| Life expectancy |
83.3 years
2026 |
80.1 years
2026 |
Iceland and Panama: Comparison Charts
Iceland and Panama economies compared
| Year | GDP | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2025 | $38,582,528,789 | $90,462,600,000 |
| 2024 | $33,186,621,855 | $86,523,959,100 |
| 2023 | $31,701,996,434 | $83,812,155,200 |
| 2022 | $29,176,227,825 | $76,479,304,500 |
| 2021 | $26,234,872,402 | $67,396,392,500 |
| 2020 | $22,034,665,041 | $57,059,846,500 |
| 2019 | $24,985,687,022 | $69,778,991,200 |
| 2018 | $26,677,652,544 | $67,316,471,200 |
| 2017 | $25,060,086,488 | $64,327,688,800 |
| 2016 | $21,083,713,310 | $59,760,858,700 |
| 2015 | $17,700,486,957 | $55,767,806,100 |
| 2014 | $18,052,183,515 | $51,427,104,900 |
| 2013 | $16,244,319,959 | $46,949,496,500 |
| 2012 | $14,943,757,823 | $41,595,439,700 |
| 2011 | $15,394,005,872 | $35,687,738,300 |
| 2010 | $13,922,711,577 | $30,231,009,500 |
| 2009 | $13,212,543,838 | $27,791,215,500 |
| 2008 | $18,247,921,360 | $25,721,328,000 |
| 2007 | $21,960,110,030 | $21,717,433,800 |
| 2006 | $17,671,649,843 | $18,659,721,500 |
| 2005 | $17,146,410,561 | $16,623,906,700 |
| 2004 | $13,963,943,244 | $15,100,203,400 |
| 2003 | $11,564,687,742 | $13,603,456,000 |
| 2002 | $9,416,199,700 | $12,800,851,300 |
| 2001 | $8,323,401,820 | $12,252,906,300 |
| 2000 | $9,140,168,922 | $11,966,497,000 |
| 1999 | $9,107,644,691 | $11,660,704,800 |
| 1998 | $8,637,732,542 | $11,019,557,700 |
| 1997 | $7,716,781,803 | $10,058,854,400 |
| 1996 | $7,686,566,105 | $9,197,503,300 |
| 1995 | $7,372,640,169 | $9,573,813,700 |
| 1994 | $6,612,804,056 | $9,365,289,800 |
| 1993 | $6,435,952,174 | $8,782,585,400 |
| 1992 | $7,328,497,599 | $8,042,337,700 |
| 1991 | $7,151,260,062 | $7,074,675,500 |
| 1990 | $6,694,851,159 | $6,433,967,000 |
| 1989 | $5,870,854,233 | $5,918,469,800 |
| 1988 | $6,320,093,411 | $5,902,783,400 |
| 1987 | $5,713,281,235 | $6,827,665,300 |
| 1986 | $4,129,080,094 | $6,797,834,200 |
| 1985 | $3,088,359,967 | $6,541,517,100 |
| 1984 | $2,964,568,006 | $6,183,387,100 |
| 1983 | $2,862,634,164 | $5,923,755,900 |
| 1982 | $3,318,714,326 | $5,769,767,900 |
| 1981 | $3,615,094,820 | $5,222,421,500 |
| 1980 | $3,499,616,683 | $4,614,086,400 |
| 1979 | $2,953,176,971 | $3,704,551,600 |
| 1978 | $2,599,627,089 | $3,244,558,600 |
| 1977 | $2,285,707,749 | $2,738,261,900 |
| 1976 | $1,727,845,419 | $2,588,106,000 |
| 1975 | $1,456,052,700 | $2,435,304,100 |
| 1974 | $1,568,154,077 | $2,188,307,600 |
| 1973 | $1,194,794,186 | $1,913,793,400 |
| 1972 | $869,002,946 | $1,673,411,700 |
| 1971 | $693,679,545 | $1,523,917,200 |
| 1970 | $545,115,909 | $1,351,006,400 |
| 1969 | $435,659,610 | $1,221,305,700 |
| 1968 | $498,365,200 | $1,112,791,100 |
| 1967 | $652,609,076 | $1,034,376,400 |
| 1966 | $660,663,763 | $928,833,000 |
| 1965 | $550,150,988 | $852,485,300 |
| 1964 | $456,206,299 | $776,137,500 |
| 1963 | $357,240,896 | $722,784,500 |
| 1962 | $299,309,938 | $652,120,900 |
| 1961 | $266,711,460 | $599,026,300 |
| 1960 | $260,984,499 | $537,147,100 |
Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY 
Iceland and Panama economies compared
| Year | GDP per capita | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2025 | $98,323 | $19,790 |
| 2024 | $85,863 | $19,161 |
| 2023 | $82,201 | $18,797 |
| 2022 | $76,377 | $17,379 |
| 2021 | $70,425 | $15,510 |
| 2020 | $60,128 | $13,291 |
| 2019 | $69,296 | $16,478 |
| 2018 | $75,634 | $16,151 |
| 2017 | $72,976 | $15,695 |
| 2016 | $62,854 | $14,832 |
| 2015 | $53,506 | $14,083 |
| 2014 | $55,140 | $13,213 |
| 2013 | $50,173 | $12,273 |
| 2012 | $46,595 | $11,065 |
| 2011 | $48,255 | $9,662 |
| 2010 | $43,776 | $8,331 |
| 2009 | $41,484 | $7,797 |
| 2008 | $57,489 | $7,348 |
| 2007 | $70,483 | $6,318 |
| 2006 | $58,172 | $5,529 |
| 2005 | $57,784 | $5,018 |
| 2004 | $47,810 | $4,645 |
| 2003 | $39,944 | $4,265 |
| 2002 | $32,749 | $4,091 |
| 2001 | $29,208 | $3,992 |
| 2000 | $32,504 | $3,975 |
| 1999 | $32,834 | $3,950 |
| 1998 | $31,519 | $3,808 |
| 1997 | $28,462 | $3,546 |
| 1996 | $28,584 | $3,308 |
| 1995 | $27,565 | $3,514 |
| 1994 | $24,858 | $3,508 |
| 1993 | $24,404 | $3,358 |
| 1992 | $28,072 | $3,140 |
| 1991 | $27,740 | $2,821 |
| 1990 | $26,272 | $2,620 |
| 1989 | $23,219 | $2,462 |
| 1988 | $25,307 | $2,509 |
| 1987 | $23,238 | $2,966 |
| 1986 | $16,980 | $3,019 |
| 1985 | $12,793 | $2,972 |
| 1984 | $12,378 | $2,875 |
| 1983 | $12,080 | $2,819 |
| 1982 | $14,191 | $2,811 |
| 1981 | $15,666 | $2,605 |
| 1980 | $15,340 | $2,357 |
| 1979 | $13,082 | $1,938 |
| 1978 | $11,630 | $1,738 |
| 1977 | $10,305 | $1,503 |
| 1976 | $7,848 | $1,457 |
| 1975 | $6,680 | $1,406 |
| 1974 | $7,287 | $1,296 |
| 1973 | $5,627 | $1,164 |
| 1972 | $4,155 | $1,046 |
| 1971 | $3,366 | $979 |
| 1970 | $2,666 | $893 |
| 1969 | $2,142 | $830 |
| 1968 | $2,473 | $778 |
| 1967 | $3,284 | $745 |
| 1966 | $3,378 | $689 |
| 1965 | $2,861 | $651 |
| 1964 | $2,414 | $611 |
| 1963 | $1,924 | $587 |
| 1962 | $1,641 | $546 |
| 1961 | $1,490 | $516 |
| 1960 | $1,486 | $477 |
Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY
Iceland vs. Panama life expectancy calculator
| Year | Life expectancy, years | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2026 | 83.3 | 80.1 |
| 2025 | 83.2 | 80 |
| 2024 | 83 | 79.8 |
| 2023 | 82.7 | 79.6 |
| 2022 | 81.6 | 79.3 |
| 2021 | 82.8 | 77 |
| 2020 | 82.7 | 76.3 |
| 2019 | 82.8 | 78.5 |
| 2018 | 82.5 | 78.3 |
| 2017 | 82.2 | 77.9 |
| 2016 | 81.8 | 77.8 |
| 2015 | 82.2 | 77.6 |
| 2014 | 82.4 | 77.4 |
| 2013 | 81.7 | 77.1 |
| 2012 | 82.3 | 76.9 |
| 2011 | 82 | 76.7 |
| 2010 | 81.6 | 76.4 |
| 2009 | 81.4 | 76.2 |
| 2008 | 81.2 | 75.9 |
| 2007 | 81.1 | 75.7 |
| 2006 | 80.9 | 75.4 |
| 2005 | 81.2 | 75.2 |
| 2004 | 80.7 | 74.8 |
| 2003 | 80.8 | 74.6 |
| 2002 | 80.3 | 74.2 |
| 2001 | 80.4 | 73.8 |
| 2000 | 79.5 | 73.4 |
| 1999 | 79.2 | 73.1 |
| 1998 | 79.4 | 72.8 |
| 1997 | 78.7 | 72.5 |
| 1996 | 78.6 | 72.2 |
| 1995 | 77.5 | 72 |
| 1994 | 79 | 71.9 |
| 1993 | 78.8 | 71.8 |
| 1992 | 78.6 | 71.5 |
| 1991 | 77.8 | 71.3 |
| 1990 | 77.7 | 71.3 |
| 1989 | 77.9 | 70.1 |
| 1988 | 76.9 | 70.9 |
| 1987 | 77.1 | 70.8 |
| 1986 | 77.9 | 70.7 |
| 1985 | 77.4 | 70.5 |
| 1984 | 77.3 | 70.4 |
| 1983 | 76.4 | 70.1 |
| 1982 | 76.8 | 69.9 |
| 1981 | 76.2 | 69.8 |
| 1980 | 76.6 | 69.5 |
| 1979 | 76.5 | 69.1 |
| 1978 | 76.4 | 68.7 |
| 1977 | 76.1 | 68.3 |
| 1976 | 76.6 | 67.8 |
| 1975 | 75.3 | 67.2 |
| 1974 | 74.1 | 66.6 |
| 1973 | 74.3 | 65.8 |
| 1972 | 74.4 | 65.2 |
| 1971 | 73.5 | 64.7 |
| 1970 | 73.8 | 64.1 |
| 1969 | 73.7 | 63.7 |
| 1968 | 73.9 | 63.2 |
| 1967 | 73.7 | 62.9 |
| 1966 | 73.1 | 62.6 |
| 1965 | 73.8 | 62.3 |
| 1964 | 73.5 | 62.1 |
| 1963 | 72.9 | 61.8 |
| 1962 | 73.6 | 61.4 |
| 1961 | 73.4 | 60.9 |
| 1960 | 74 | 60.3 |
| 1959 | 72.6 | 59.6 |
| 1958 | 73.3 | 58.9 |
| 1957 | 73.4 | 58.3 |
| 1956 | 72.9 | 57.9 |
| 1955 | 73.3 | 57.5 |
| 1954 | 73.3 | 57.2 |
| 1953 | 72.3 | 56.8 |
| 1952 | 72.4 | 56.4 |
| 1951 | 71 | 55.9 |
| 1950 | 71 | 55.4 |
Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY
Iceland and Panama population clocks and comparison
| Year | Population | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2025 | 392,404 | 4,571,189 |
| 2024 | 386,506 | 4,515,577 |
| 2023 | 385,663 | 4,458,759 |
| 2022 | 382,003 | 4,400,773 |
| 2021 | 372,520 | 4,345,405 |
| 2020 | 366,463 | 4,293,261 |
| 2019 | 360,563 | 4,234,700 |
| 2018 | 352,721 | 4,167,860 |
| 2017 | 343,400 | 4,098,707 |
| 2016 | 335,439 | 4,029,086 |
| 2015 | 330,815 | 3,960,035 |
| 2014 | 327,386 | 3,892,101 |
| 2013 | 323,764 | 3,825,329 |
| 2012 | 320,716 | 3,759,256 |
| 2011 | 319,014 | 3,693,505 |
| 2010 | 318,041 | 3,628,535 |
| 2009 | 318,499 | 3,564,381 |
| 2008 | 317,414 | 3,500,648 |
| 2007 | 311,566 | 3,437,490 |
| 2006 | 303,782 | 3,375,024 |
| 2005 | 296,734 | 3,313,026 |
| 2004 | 292,074 | 3,251,155 |
| 2003 | 289,521 | 3,189,807 |
| 2002 | 287,523 | 3,129,344 |
| 2001 | 284,968 | 3,069,537 |
| 2000 | 281,205 | 3,010,369 |
| 1999 | 277,381 | 2,951,822 |
| 1998 | 274,047 | 2,893,914 |
| 1997 | 271,128 | 2,836,695 |
| 1996 | 268,916 | 2,780,227 |
| 1995 | 267,468 | 2,724,557 |
| 1994 | 266,021 | 2,669,546 |
| 1993 | 263,725 | 2,615,099 |
| 1992 | 261,057 | 2,561,336 |
| 1991 | 257,797 | 2,508,265 |
| 1990 | 254,826 | 2,455,583 |
| 1989 | 252,852 | 2,403,820 |
| 1988 | 249,740 | 2,352,848 |
| 1987 | 245,859 | 2,301,970 |
| 1986 | 243,180 | 2,251,325 |
| 1985 | 241,405 | 2,200,915 |
| 1984 | 239,511 | 2,150,782 |
| 1983 | 236,977 | 2,101,106 |
| 1982 | 233,860 | 2,052,271 |
| 1981 | 230,755 | 2,004,418 |
| 1980 | 228,138 | 1,957,534 |
| 1979 | 225,735 | 1,911,552 |
| 1978 | 223,537 | 1,866,311 |
| 1977 | 221,799 | 1,821,543 |
| 1976 | 220,154 | 1,776,935 |
| 1975 | 217,979 | 1,732,389 |
| 1974 | 215,209 | 1,687,926 |
| 1973 | 212,317 | 1,643,690 |
| 1972 | 209,137 | 1,599,723 |
| 1971 | 206,098 | 1,556,081 |
| 1970 | 204,438 | 1,513,070 |
| 1969 | 203,369 | 1,470,886 |
| 1968 | 201,488 | 1,429,447 |
| 1967 | 198,751 | 1,388,628 |
| 1966 | 195,570 | 1,348,388 |
| 1965 | 192,286 | 1,308,835 |
| 1964 | 188,983 | 1,270,065 |
| 1963 | 185,653 | 1,232,124 |
| 1962 | 182,378 | 1,195,301 |
| 1961 | 179,029 | 1,159,870 |
| 1960 | 175,574 | 1,126,005 |
Data sources: World Bank | Health (1960–2025, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY
Fertility rates in Iceland and Panama
| Year | Fertility rate | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2024 | 1.56 | 2.11 |
| 2023 | 1.55 | 2.12 |
| 2022 | 1.59 | 2.14 |
| 2021 | 1.82 | 2.15 |
| 2020 | 1.72 | 2.18 |
| 2019 | 1.74 | 2.29 |
| 2018 | 1.71 | 2.4 |
| 2017 | 1.71 | 2.46 |
| 2016 | 1.74 | 2.5 |
| 2015 | 1.8 | 2.53 |
| 2014 | 1.93 | 2.55 |
| 2013 | 1.93 | 2.57 |
| 2012 | 2.04 | 2.59 |
| 2011 | 2.02 | 2.6 |
| 2010 | 2.2 | 2.59 |
| 2009 | 2.23 | 2.59 |
| 2008 | 2.15 | 2.61 |
| 2007 | 2.09 | 2.61 |
| 2006 | 2.08 | 2.62 |
| 2005 | 2.05 | 2.64 |
| 2004 | 2.04 | 2.68 |
| 2003 | 1.99 | 2.68 |
| 2002 | 1.93 | 2.7 |
| 2001 | 1.95 | 2.72 |
| 2000 | 2.08 | 2.74 |
| 1999 | 1.99 | 2.77 |
| 1998 | 2.05 | 2.79 |
| 1997 | 2.04 | 2.81 |
| 1996 | 2.12 | 2.83 |
| 1995 | 2.08 | 2.85 |
| 1994 | 2.14 | 2.88 |
| 1993 | 2.22 | 2.91 |
| 1992 | 2.21 | 2.95 |
| 1991 | 2.18 | 3 |
| 1990 | 2.3 | 3.07 |
| 1989 | 2.19 | 3.12 |
| 1988 | 2.26 | 3.17 |
| 1987 | 2.06 | 3.25 |
| 1986 | 1.92 | 3.34 |
| 1985 | 1.93 | 3.43 |
| 1984 | 2.08 | 3.52 |
| 1983 | 2.24 | 3.6 |
| 1982 | 2.27 | 3.66 |
| 1981 | 2.33 | 3.72 |
| 1980 | 2.48 | 3.8 |
| 1979 | 2.49 | 3.88 |
| 1978 | 2.35 | 3.98 |
| 1977 | 2.31 | 4.12 |
| 1976 | 2.52 | 4.26 |
| 1975 | 2.65 | 4.41 |
| 1974 | 2.66 | 4.58 |
| 1973 | 2.94 | 4.74 |
| 1972 | 3.09 | 4.91 |
| 1971 | 2.92 | 5.05 |
| 1970 | 2.81 | 5.18 |
| 1969 | 2.99 | 5.29 |
| 1968 | 3.06 | 5.41 |
| 1967 | 3.28 | 5.53 |
| 1966 | 3.59 | 5.65 |
| 1965 | 3.73 | 5.73 |
| 1964 | 3.88 | 5.81 |
| 1963 | 3.99 | 5.87 |
| 1962 | 3.98 | 5.87 |
| 1961 | 3.88 | 5.87 |
| 1960 | 4.29 | 5.83 |
Data sources: World Bank | Health (1960–2024, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY
Iceland and Panama demographics compared
| Year | Median age, years | |
|---|---|---|
|
Iceland
|
Panama
|
|
| 2025 | 37.4 | 31.3 |
| 2024 | 37.1 | 30.9 |
| 2023 | 36.9 | 30.6 |
| 2022 | 36.7 | 30.3 |
| 2021 | 36.7 | 30 |
| 2020 | 36.6 | 29.7 |
| 2019 | 36.5 | 29.4 |
| 2018 | 36.4 | 29.1 |
| 2017 | 36.3 | 28.8 |
| 2016 | 36.2 | 28.5 |
| 2015 | 36 | 28.3 |
| 2014 | 35.7 | 28 |
| 2013 | 35.5 | 27.8 |
| 2012 | 35.4 | 27.5 |
| 2011 | 35.1 | 27.2 |
| 2010 | 34.9 | 27 |
| 2009 | 34.6 | 26.7 |
| 2008 | 34.5 | 26.4 |
| 2007 | 34.6 | 26.1 |
| 2006 | 34.5 | 25.9 |
| 2005 | 34.2 | 25.6 |
| 2004 | 34 | 25.3 |
| 2003 | 33.7 | 25.1 |
| 2002 | 33.4 | 24.8 |
| 2001 | 33 | 24.5 |
| 2000 | 32.8 | 24.3 |
| 1999 | 32.6 | 24 |
| 1998 | 32.4 | 23.7 |
| 1997 | 32.1 | 23.5 |
| 1996 | 31.8 | 23.2 |
| 1995 | 31.5 | 22.9 |
| 1994 | 31.1 | 22.7 |
| 1993 | 30.8 | 22.4 |
| 1992 | 30.5 | 22.1 |
| 1991 | 30.2 | 21.8 |
| 1990 | 30 | 21.5 |
| 1989 | 29.6 | 21.3 |
| 1988 | 29.3 | 21 |
| 1987 | 29.1 | 20.7 |
| 1986 | 28.8 | 20.4 |
| 1985 | 28.4 | 20.2 |
| 1984 | 28 | 19.9 |
| 1983 | 27.7 | 19.7 |
| 1982 | 27.5 | 19.5 |
| 1981 | 27.2 | 19.2 |
| 1980 | 26.9 | 19 |
| 1979 | 26.7 | 18.8 |
| 1978 | 26.4 | 18.6 |
| 1977 | 26 | 18.4 |
| 1976 | 25.7 | 18.3 |
| 1975 | 25.4 | 18.1 |
| 1974 | 25.1 | 18 |
| 1973 | 24.9 | 17.8 |
| 1972 | 24.8 | 17.7 |
| 1971 | 24.7 | 17.7 |
| 1970 | 24.5 | 17.6 |
| 1969 | 24.3 | 17.6 |
| 1968 | 24.2 | 17.5 |
| 1967 | 24.1 | 17.5 |
| 1966 | 24.1 | 17.5 |
| 1965 | 24.2 | 17.5 |
| 1964 | 24.4 | 17.6 |
| 1963 | 24.7 | 17.6 |
| 1962 | 24.9 | 17.7 |
| 1961 | 25.2 | 17.8 |
| 1960 | 25.4 | 17.8 |
Data sources: World Bank | Health (1960–2025, retrieved 2026-07-08).
GeoRank.org/facts/iceland/panama | CC BY
Interactive Maps
Use the buttons below to switch between world maps comparing statistics for Iceland and Panama.
National statistics comparison
Finance
|
Iceland
|
Panama
|
|
|---|---|---|
| GNI, Atlas method |
$35B
2025 |
$87.5B
2025 |
| Government expenditure, % of GDP |
45%
2025 |
20.9%
2025 |
| Education expenditure, % of GDP |
7.31%
2022 |
2.47%
2023 |
| Military expenditure, % of GDP | n/a |
0.97%
1999 |
| Armed forces personnel |
0
2020 |
28,000
2020 |
| Deficit/surplus, % of GDP |
-2.77%
2025 |
-3.67%
2025 |
| Unemployment rate |
4.5%
2025 |
8.31%
2025 |
| Services, % of GDP |
66.2%
2025 |
70%
2025 |
| Industry, % of GDP |
20.1%
2025 |
24.9%
2025 |
| Economic freedom index |
75
2026 |
64.9
2026 |
| Income share by richest 10% |
22.4%
2019 |
37.6%
2024 |
| Income share by poorest 10% |
3.7%
2019 |
1.2%
2024 |
| Number of billionaires |
1
2026 |
n/a |
| Percentage of billionaires |
0.0003%
2026 |
n/a |
| Listed domestic companies |
34
2004 |
40
2025 |
| Market capitalization of domestic companies | n/a |
$27.2B
2025 |
| Total reserves including gold |
$7.73B
2025 |
$6.24B
2025 |
| Personal remittances received |
$246M
2024 |
$532M
2024 |
| International tourist arrivals |
488,000
2020 |
647,000
2020 |
| International tourism as share of exports |
11.9%
2008 |
9.3%
2020 |
| Banked people share |
99.9%
2024 |
64.1%
2024 |
Energy
|
Iceland
|
Panama
|
|
|---|---|---|
| Energy use, kg of oil equivalent per capita |
15,997 kg
2024 |
1,020 kg
2023 |
| GDP PPP per kg equivalent of energy use |
$5.27
2024 |
$39
2023 |
| Carbon dioxide (CO2) emissions |
3.29 megatons
2024 |
12.4 megatons
2024 |
| CO2 emissions per capita |
8.52 tons
2024 |
2.74 tons
2024 |
| Fossil fuel energy use share |
10.3%
2023 |
76.5%
2022 |
| Renewable energy use share |
82.4%
2021 |
28%
2021 |
| Alternative and nuclear energy use share |
89.2%
2024 |
15%
2023 |
| Net energy imports use share |
20.5%
2009 |
171.2%
2022 |
| Electric power consumption per capita |
48,998 kWh
2024 |
2,715 kWh
2023 |
| Renewable electricity output share |
100%
2016 |
79.3%
2021 |
| Hydroelectric share |
68.2%
2024 |
46.9%
2023 |
| Nuclear share |
0%
2021 |
0%
2021 |
| Electricity access |
100%
2023 |
97%
2023 |
Society
|
Iceland
|
Panama
|
|
|---|---|---|
| % of world population |
0.005%
2025 |
0.06%
2025 |
| Annual migration change |
+2,709
2025 |
+6,151
2025 |
| Urban population |
94.2%
2025 |
66.2%
2025 |
| Male:Female ratio |
51.2:48.8
2025 |
50:50
2025 |
| Average male height |
5.97 ft
2026 |
5.58 ft
2026 |
| Average female height |
5.54 ft
2026 |
5.19 ft
2026 |
| Quality of life index |
93.8
2026 |
61.9
2026 |
| Corruption Perceptions Index |
77
2025 |
33
2025 |
| Higher education index |
79
2026 |
40
2026 |
| Homicides per 100K people |
1.29
2023 |
11.7
2023 |
| Road traffic mortality per 100K people |
2
2019 |
13.9
2019 |
| Visa free countries |
169
2026 |
139
2026 |
| Adult literacy rate |
99%
2003 |
96.2%
2024 |
| English speaking |
98%
2026 |
14%
2026 |
| People using the Internet |
98.2%
2024 |
72.8%
2024 |
Health
|
Iceland
|
Panama
|
|
|---|---|---|
| Government health expenditure per capita |
$7,642
2024 |
$1,558
2023 |
| Out-of-pocket health expenditure per capita |
$1,137
2024 |
$630
2023 |
| Life expectancy |
83.3 years
2026 |
80.1 years
2026 |
| Foreign aid share of health expenditure |
0%
2023 |
0.76%
2023 |
| Physicians per 1,000 people |
4.37
2023 |
1.63
2022 |
| Age at first childbirth |
28.9 years
2024 |
n/a |
| Maternal mortality per 100K births |
3
2023 |
37
2023 |
| Mortality rate before reaching 5 years of age |
2.8
2024 |
15.3
2024 |
| Obesity rate |
21.8%
2022 |
37.1%
2022 |
| Diabetes prevalence |
6.9%
2024 |
11.1%
2024 |
| Air quality index |
98
2026 |
79
2026 |
| Tobacco use prevalence |
9.2%
2024 |
4.8%
2024 |
| Pure alcohol consumption per capita |
7.94 liters
2020 |
4.66 liters
2020 |
Territory
In-depth comparisons
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Data sources:
- World Bank | Health (1960–2026, retrieved 2026-07-08)
- United Nations | World Population Prospects (1950–2026, retrieved 2026-07-08)
- U.S. Census Bureau (1960–2025, retrieved 2026-07-08)
- Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-07-08)
- International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
- LivingCost (2026, retrieved 2026-07-08)
- World Obesity Federation (2022, retrieved 2026-07-08)
- Transparency International (2025, retrieved 2026-07-08)
- The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
- Passport Index (2026, retrieved 2026-07-08)
- EduRank (2026, retrieved 2026-07-08)
- United Nations Economic Commission for Europe (UNECE) (2024, retrieved 2026-07-08)
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.