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Iceland vs Sweden statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 10.6M in Sweden (ranked 93/197). Iceland's land area is 38,931 sq mi versus 157,248 sq mi for Sweden (ranked 104th vs. 58th).

By GDP, Iceland ranks 108/197 ($33.3B) and Sweden ranks 26/197 ($604B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Sweden ranks 17/197 ($57,117).

Main facts and rankings

Iceland Sweden
Population
397129
10680056
Population rank 173/197 91/197
GDP
$33.3B
2024
$604B
2024
GDP rank 108/197 26/197
GDP per capita
$86,041
2024
$57,117
2024
GDP per capita rank 9/197 17/197
GDP per capita, PPP
$84,257
2024
$71,845
2024
Government debt
$19.8B
2024
$199B
2024
Debt-to-GDP ratio
59.4%
2024
33%
2024
Government debt per person
$51,148
2024
$18,842
2024
Government debt per person rank 9/185 32/185
Average annual personal income after taxes
$55,565
2026
$42,066
2026
Land area 38,931 sq mi 157,248 sq mi
Population density
10.2 ppl/mi²
2026
67.8 ppl/mi²
2026
Fertility rate
1.59
2023
1.45
2023
Median age
37.1 years
2024
41.1 years
2024
Life expectancy
83.3 years
2026
83.7 years
2026

Iceland and Sweden: Comparison Charts

Iceland and Sweden economies compared

GDP
Iceland

Sweden
1x
Year GDP
Iceland Sweden
2024 $33,255,181,469 $603,715,224,266
2023 $31,677,891,897 $578,990,915,246
2022 $29,166,102,877 $575,071,237,641
2021 $26,234,872,402 $631,693,331,301
2020 $22,034,665,041 $544,265,668,452
2019 $24,985,687,022 $530,894,124,494
2018 $26,677,652,544 $549,649,344,043
2017 $25,060,086,488 $535,172,356,785
2016 $21,083,713,310 $513,058,312,951
2015 $17,700,486,957 $501,602,351,912
2014 $18,052,183,515 $577,727,767,304
2013 $16,244,319,959 $584,125,353,119
2012 $14,943,757,823 $549,739,674,655
2011 $15,394,005,872 $570,538,581,144
2010 $13,922,711,577 $492,750,897,239
2009 $13,212,543,838 $434,311,714,442
2008 $18,247,921,360 $514,614,100,833
2007 $21,960,110,030 $490,047,789,548
2006 $17,671,649,843 $422,528,394,459
2005 $17,146,410,561 $391,688,455,929
2004 $13,963,943,244 $384,545,442,175
2003 $11,564,687,742 $334,072,443,516
2002 $9,416,199,700 $267,371,907,447
2001 $8,323,401,820 $242,497,797,485
2000 $9,140,168,922 $262,903,560,280
1999 $9,107,644,691 $274,318,357,862
1998 $8,637,732,542 $270,887,306,759
1997 $7,716,781,803 $268,249,616,891
1996 $7,686,566,105 $291,949,597,375
1995 $7,372,640,169 $267,050,453,507
1994 $6,612,804,056 $228,699,066,874
1993 $6,435,952,174 $212,644,602,616
1992 $7,328,497,599 $283,908,914,454
1991 $7,151,260,062 $273,831,464,572
1990 $6,694,851,159 $261,466,577,009
1989 $5,870,854,233 $217,632,340,195
1988 $6,320,093,411 $206,686,590,776
1987 $5,713,281,235 $182,744,315,974
1986 $4,129,080,094 $150,279,869,729
1985 $3,088,359,967 $113,958,084,357
1984 $2,964,568,006 $109,043,045,407
1983 $2,862,634,164 $104,862,109,663
1982 $3,318,714,326 $114,214,731,799
1981 $3,615,094,820 $129,498,921,476
1980 $3,499,616,683 $141,886,067,004
1979 $2,953,176,971 $123,207,527,699
1978 $2,599,627,089 $104,290,933,496
1977 $2,285,707,749 $94,331,782,622
1976 $1,727,845,419 $89,232,517,046
1975 $1,456,052,700 $82,765,232,648
1974 $1,568,154,077 $65,917,634,590
1973 $1,194,794,186 $59,318,842,992
1972 $869,002,946 $48,883,173,400
1971 $693,679,545 $41,506,151,115
1970 $545,115,909 $38,037,226,668
1969 $435,659,610 $33,967,301,561
1968 $498,365,200 $31,277,871,669
1967 $652,609,076 $29,474,881,506
1966 $660,663,763 $27,154,716,721
1965 $550,150,988 $24,963,947,415
1964 $456,206,299 $22,685,490,195
1963 $357,240,896 $20,342,131,882
1962 $299,309,938 $18,794,066,990
1961 $266,711,460 $17,329,620,585
1960 $260,984,499 $15,930,075,467

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

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

Iceland and Sweden economies compared

GDP per capita
Iceland

Sweden
1x
Year GDP per capita
Iceland Sweden
2024 $86,041 $57,117
2023 $82,139 $54,950
2022 $76,350 $54,837
2021 $70,425 $60,648
2020 $60,128 $52,569
2019 $69,296 $51,649
2018 $75,634 $54,018
2017 $72,976 $53,210
2016 $62,854 $51,704
2015 $53,506 $51,188
2014 $55,140 $59,583
2013 $50,173 $60,844
2012 $46,595 $57,750
2011 $48,255 $60,379
2010 $43,776 $52,543
2009 $41,484 $46,708
2008 $57,489 $55,817
2007 $70,483 $53,568
2006 $58,172 $46,531
2005 $57,784 $43,378
2004 $47,810 $42,758
2003 $39,944 $37,292
2002 $32,749 $29,958
2001 $29,208 $27,259
2000 $32,504 $29,633
1999 $32,834 $30,969
1998 $31,519 $30,605
1997 $28,462 $30,324
1996 $28,584 $33,022
1995 $27,565 $30,254
1994 $24,858 $26,046
1993 $24,404 $24,390
1992 $28,072 $32,753
1991 $27,740 $31,777
1990 $26,272 $30,549
1989 $23,219 $25,625
1988 $25,307 $24,499
1987 $23,238 $21,761
1986 $16,980 $17,955
1985 $12,793 $13,647
1984 $12,378 $13,080
1983 $12,080 $12,590
1982 $14,191 $13,719
1981 $15,666 $15,564
1980 $15,340 $17,073
1979 $13,082 $14,856
1978 $11,630 $12,602
1977 $10,305 $11,432
1976 $7,848 $10,853
1975 $6,680 $10,103
1974 $7,287 $8,078
1973 $5,627 $7,291
1972 $4,155 $6,018
1971 $3,366 $5,125
1970 $2,666 $4,729
1969 $2,142 $4,263
1968 $2,473 $3,953
1967 $3,284 $3,746
1966 $3,378 $3,478
1965 $2,861 $3,228
1964 $2,414 $2,961
1963 $1,924 $2,675
1962 $1,641 $2,485
1961 $1,490 $2,304
1960 $1,486 $2,128

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

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

Iceland vs. Sweden life expectancy calculator

Life expectancy
Iceland

Sweden
1x
Year Life expectancy, years
Iceland Sweden
2026 83.3 83.7
2025 83.2 83.6
2024 83 83.4
2023 82.7 83.3
2022 81.6 83
2021 82.8 83
2020 82.7 82.4
2019 82.8 83.1
2018 82.5 82.5
2017 82.2 82.4
2016 81.8 82.3
2015 82.2 82.2
2014 82.4 82.2
2013 81.7 81.9
2012 82.3 81.7
2011 82 81.8
2010 81.6 81.5
2009 81.4 81.4
2008 81.2 81.1
2007 81.1 81
2006 80.9 80.8
2005 81.2 80.6
2004 80.7 80.5
2003 80.8 80.2
2002 80.3 79.9
2001 80.4 79.8
2000 79.5 79.7
1999 79.2 79.5
1998 79.4 79.4
1997 78.7 79.3
1996 78.6 79
1995 77.5 78.8
1994 79 78.7
1993 78.8 78.1
1992 78.6 78.1
1991 77.8 77.7
1990 77.7 77.6
1989 77.9 77.7
1988 76.9 77
1987 77.1 77.1
1986 77.9 77
1985 77.4 76.7
1984 77.3 76.8
1983 76.4 76.6
1982 76.8 76.3
1981 76.2 76
1980 76.6 75.7
1979 76.5 75.5
1978 76.4 75.5
1977 76.1 75.4
1976 76.6 75
1975 75.3 75
1974 74.1 75
1973 74.3 74.9
1972 74.4 74.7
1971 73.5 74.6
1970 73.8 74.7
1969 73.7 74.1
1968 73.9 74
1967 73.7 74.1
1966 73.1 74.1
1965 73.8 73.9
1964 73.5 73.7
1963 72.9 73.5
1962 73.6 73.4
1961 73.4 73.5
1960 74 73
1959 72.6 73.4
1958 73.3 73.2
1957 73.4 72.5
1956 72.9 72.7
1955 73.3 72.6
1954 73.3 72.4
1953 72.3 71.9
1952 72.4 71.8
1951 71 71.4
1950 71 71.1

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

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

Iceland and Sweden population clocks and comparison

Population
Iceland

Sweden
1x
Year Population
Iceland Sweden
2024 386,506 10,569,709
2023 385,663 10,536,632
2022 382,003 10,486,941
2021 372,520 10,415,811
2020 366,463 10,353,442
2019 360,563 10,278,887
2018 352,721 10,175,214
2017 343,400 10,057,698
2016 335,439 9,923,085
2015 330,815 9,799,186
2014 327,386 9,696,110
2013 323,764 9,600,379
2012 320,716 9,519,374
2011 319,014 9,449,213
2010 318,041 9,378,126
2009 318,499 9,298,515
2008 317,414 9,219,637
2007 311,566 9,148,092
2006 303,782 9,080,505
2005 296,734 9,029,572
2004 292,074 8,993,531
2003 289,521 8,958,229
2002 287,523 8,924,958
2001 284,968 8,895,960
2000 281,205 8,872,109
1999 277,381 8,857,874
1998 274,047 8,850,974
1997 271,128 8,846,062
1996 268,916 8,840,998
1995 267,468 8,826,939
1994 266,021 8,780,745
1993 263,725 8,718,561
1992 261,057 8,668,067
1991 257,797 8,617,375
1990 254,826 8,558,835
1989 252,852 8,492,964
1988 249,740 8,436,489
1987 245,859 8,397,804
1986 243,180 8,369,829
1985 241,405 8,350,386
1984 239,511 8,336,605
1983 236,977 8,329,033
1982 233,860 8,325,263
1981 230,755 8,320,503
1980 228,138 8,310,531
1979 225,735 8,293,678
1978 223,537 8,275,599
1977 221,799 8,251,540
1976 220,154 8,222,286
1975 217,979 8,192,437
1974 215,209 8,159,955
1973 212,317 8,136,312
1972 209,137 8,122,300
1971 206,098 8,098,334
1970 204,438 8,042,801
1969 203,369 7,968,072
1968 201,488 7,912,273
1967 198,751 7,867,931
1966 195,570 7,807,797
1965 192,286 7,733,853
1964 188,983 7,661,354
1963 185,653 7,604,328
1962 182,378 7,561,588
1961 179,029 7,519,998
1960 175,574 7,484,656

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

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

Fertility rates in Iceland and Sweden

Fertility rate
Iceland

Sweden
1x
Year Fertility rate
Iceland Sweden
2023 1.59 1.45
2022 1.59 1.53
2021 1.82 1.67
2020 1.72 1.67
2019 1.74 1.71
2018 1.71 1.76
2017 1.71 1.78
2016 1.74 1.85
2015 1.8 1.85
2014 1.93 1.88
2013 1.93 1.89
2012 2.04 1.91
2011 2.02 1.9
2010 2.2 1.98
2009 2.23 1.94
2008 2.15 1.91
2007 2.09 1.88
2006 2.08 1.85
2005 2.05 1.77
2004 2.04 1.75
2003 1.99 1.71
2002 1.93 1.65
2001 1.95 1.57
2000 2.08 1.54
1999 1.99 1.5
1998 2.05 1.5
1997 2.04 1.52
1996 2.12 1.6
1995 2.08 1.73
1994 2.14 1.88
1993 2.22 1.99
1992 2.21 2.09
1991 2.18 2.11
1990 2.3 2.13
1989 2.19 2.01
1988 2.26 1.96
1987 2.06 1.84
1986 1.92 1.8
1985 1.93 1.74
1984 2.08 1.66
1983 2.24 1.61
1982 2.27 1.62
1981 2.33 1.63
1980 2.48 1.68
1979 2.49 1.66
1978 2.35 1.6
1977 2.31 1.64
1976 2.52 1.68
1975 2.65 1.77
1974 2.66 1.87
1973 2.94 1.87
1972 3.09 1.91
1971 2.92 1.96
1970 2.81 1.92
1969 2.99 1.93
1968 3.06 2.07
1967 3.28 2.28
1966 3.59 2.37
1965 3.73 2.39
1964 3.88 2.47
1963 3.99 2.33
1962 3.98 2.25
1961 3.88 2.21
1960 4.29 2.17

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

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

Iceland and Sweden demographics compared

Median age
Iceland

Sweden
1x
Year Median age, years
Iceland Sweden
2024 37.1 41.1
2023 36.9 40.9
2022 36.7 40.7
2021 36.7 40.7
2020 36.6 40.6
2019 36.5 40.5
2018 36.4 40.6
2017 36.3 40.7
2016 36.2 40.8
2015 36 40.9
2014 35.7 40.9
2013 35.5 40.9
2012 35.4 40.9
2011 35.1 40.8
2010 34.9 40.7
2009 34.6 40.7
2008 34.5 40.6
2007 34.6 40.5
2006 34.5 40.4
2005 34.2 40.2
2004 34 40
2003 33.7 39.8
2002 33.4 39.7
2001 33 39.5
2000 32.8 39.4
1999 32.6 39.2
1998 32.4 39
1997 32.1 38.8
1996 31.8 38.6
1995 31.5 38.5
1994 31.1 38.4
1993 30.8 38.4
1992 30.5 38.4
1991 30.2 38.3
1990 30 38.3
1989 29.6 38.3
1988 29.3 38.2
1987 29.1 38.1
1986 28.8 37.9
1985 28.4 37.6
1984 28 37.4
1983 27.7 37.1
1982 27.5 36.8
1981 27.2 36.5
1980 26.9 36.2
1979 26.7 36
1978 26.4 35.7
1977 26 35.5
1976 25.7 35.4
1975 25.4 35.3
1974 25.1 35.3
1973 24.9 35.3
1972 24.8 35.3
1971 24.7 35.3
1970 24.5 35.4
1969 24.3 35.6
1968 24.2 35.8
1967 24.1 35.9
1966 24.1 36
1965 24.2 36.2
1964 24.4 36.3
1963 24.7 36.3
1962 24.9 36.3
1961 25.2 36.2
1960 25.4 36

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Sweden
GNI, Atlas method
$31.8B
2024
$615B
2024
Government expenditure, % of GDP
46.5%
2024
49.3%
2024
Education expenditure, % of GDP
7.29%
2022
7.32%
2022
Military expenditure, % of GDP n/a
2%
2024
Armed forces personnel
0
2020
15,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-1.72%
2024
Unemployment rate
3.56%
2024
8.31%
2024
Services, % of GDP
64.9%
2024
66.4%
2024
Industry, % of GDP
20.1%
2024
21.7%
2024
Economic freedom index
75
2026
77.8
2026
Income share by richest 10%
22.4%
2019
22.3%
2023
Income share by poorest 10%
3.7%
2019
2.8%
2023
Number of millionaires n/a
490,000
2025
Percentage of millionaires n/a
6.01%
2025
Number of billionaires
1
2025
45
2025
Percentage of billionaires
0.0003%
2025
0.0006%
2025
Listed domestic companies
34
2004
278
2002
Market capitalization of domestic companies n/a
$290B
2003
Total reserves including gold
$6.4B
2024
$62.6B
2024
Personal remittances received
$246M
2024
$4.43B
2024
International tourist arrivals
488,000
2020
1,957,000
2020
International tourism as share of exports
11.9%
2008
4.85%
2010
Banked people share
99.9%
2024
98.6%
2024

Energy

Iceland Sweden
Energy use, kg of oil equivalent per capita
15,686 kg
2023
4,289 kg
2023
GDP PPP per kg equivalent of energy use
$5.2
2023
$16.1
2023
Carbon dioxide (CO2) emissions
3.29 megatons
2024
37.8 megatons
2024
CO2 emissions per capita
8.52 tons
2024
3.57 tons
2024
Fossil fuel energy use share
10.3%
2023
24.9%
2023
Renewable energy use share
82.4%
2021
57.9%
2021
Alternative and nuclear energy use share
88.8%
2023
49.9%
2023
Net energy imports use share
20.5%
2009
27.8%
2023
Electric power consumption per capita
50,951 kWh
2023
12,150 kWh
2023
Renewable electricity output share
100%
2016
67.4%
2021
Hydroelectric share
70.3%
2023
39.9%
2023
Nuclear share
0%
2021
29.2%
2023
Electricity access
100%
2023
100%
2023

Society

Iceland Sweden
% of world population
0.005%
2024
0.13%
2024
Annual migration change
+2,709
2025
+47,079
2025
Urban population
94.2%
2024
88.9%
2024
Male:Female ratio
51.2:48.8
2024
50.4:49.6
2024
Average male height
5.97 ft
2025
5.92 ft
2025
Average female height
5.54 ft
2025
5.47 ft
2025
Quality of life index
93.6
2026
94.2
2026
Corruption Perceptions Index
77
2025
80
2025
Higher education index
79
2026
94
2026
Homicides per 100K people
1.07
2022
1.15
2023
Road traffic mortality per 100K people
2
2019
3.1
2019
Visa free countries
168
2025
172
2025
Adult literacy rate
99%
2003
99%
2003
English speaking
98%
2023
89%
2023
People using the Internet
99.8%
2023
95.5%
2024

Health

Iceland Sweden
Government health expenditure per capita
$7,642
2024
$6,485
2024
Out-of-pocket health expenditure per capita
$1,137
2024
$868
2024
Life expectancy
83.3 years
2026
83.7 years
2026
Foreign aid share of health expenditure
0%
2023
n/a
Physicians per 1,000 people
4.37
2023
4.41
2021
Age at first childbirth
28.8 years
2023
30 years
2023
Maternal mortality per 100K births
3
2023
4
2023
Mortality rate before reaching 5 years of age
2.6
2023
2.5
2023
Obesity rate
21.8%
2022
15.6%
2022
Diabetes prevalence
6.9%
2024
5.8%
2024
Air quality index
98
2026
89
2026
Tobacco use prevalence
9.4%
2022
22.7%
2022
Pure alcohol consumption per capita
7.94 liters
2020
9.57 liters
2020

Territory

Iceland Sweden
% of world land
0.07%
2026
0.27%
2026
Land area per capita
100,725 sq mi
2024
14,877 sq mi
2024
Agricultural land area
6,324 sq mi
2026
11,514 sq mi
2026
Forest area
205.8 sq mi
2026
108,031 sq mi
2026
Roads length
8,014 mi
2012
356,129 mi
2016

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. World Obesity Federation (2022, retrieved 2026-02-08)
  8. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)
  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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