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Iceland vs Venezuela statistics compared

Updated on by Georank team

Iceland has a population of 387K (ranked 173/197), compared with 28.4M in Venezuela (ranked 53/197). Iceland's land area is 38,931 sq mi versus 340,561 sq mi for Venezuela (ranked 104th vs. 32nd).

By GDP, Iceland ranks 108/197 ($33.3B) and Venezuela ranks 65/197 ($120B). By GDP per capita, Iceland ranks 9/197 ($86,041), while Venezuela ranks 128/197 ($4,218).

Main facts and rankings

Iceland Venezuela
Population
397129
28661242
Population rank 173/197 54/197
GDP
$33.3B
2024
$120B
2024
GDP rank 108/197 65/197
GDP per capita
$86,041
2024
$4,218
2024
GDP per capita rank 9/197 128/197
GDP per capita, PPP
$84,257
2024
$21,241
2011
Government debt
$19.8B
2024
$197B
2024
Debt-to-GDP ratio
59.4%
2024
164.3%
2024
Government debt per person
$51,148
2024
$6,931
2024
Government debt per person rank 9/185 69/185
Average annual personal income after taxes
$55,565
2026
$3,792
2026
Land area 38,931 sq mi 340,561 sq mi
Population density
10.2 ppl/mi²
2026
84.1 ppl/mi²
2026
Fertility rate
1.59
2023
2.08
2023
Median age
37.1 years
2024
30.2 years
2024
Life expectancy
83.3 years
2026
73 years
2026

Iceland and Venezuela: Comparison Charts

Iceland and Venezuela economies compared

GDP
Iceland

Venezuela
1x
Year GDP
Iceland Venezuela
2024 $33,255,181,469 $119,802,963,258
2023 $31,677,891,897 $102,376,526,556
2022 $29,166,102,877 $89,013,255,585
2021 $26,234,872,402 $56,614,976,855
2020 $22,034,665,041 $42,838,020,721
2019 $24,985,687,022 $73,014,084,091
2018 $26,677,652,544 $102,021,093,965
2017 $25,060,086,488 $115,883,275,163
2016 $21,083,713,310 $112,915,034,262
2015 $17,700,486,957 $125,449,241,571
2014 $18,052,183,515 $214,689,614,733
2013 $16,244,319,959 $258,930,655,486
2012 $14,943,757,823 $372,592,062,768
2011 $15,394,005,872 $316,482,190,800
2010 $13,922,711,577 $393,192,354,511
2009 $13,212,543,838 $329,787,628,928
2008 $18,247,921,360 $315,953,388,511
2007 $21,960,110,030 $230,364,012,576
2006 $17,671,649,843 $183,477,522,124
2005 $17,146,410,561 $145,513,489,652
2004 $13,963,943,244 $112,451,400,425
2003 $11,564,687,742 $83,620,628,582
2002 $9,416,199,700 $92,893,587,734
2001 $8,323,401,820 $122,911,036,747
2000 $9,140,168,922 $117,146,466,003
1999 $9,107,644,691 $97,972,842,462
1998 $8,637,732,542 $91,336,763,255
1997 $7,716,781,803 $85,837,678,560
1996 $7,686,566,105 $70,543,211,119
1995 $7,372,640,169 $77,389,487,770
1994 $6,612,804,056 $58,418,666,667
1993 $6,435,952,174 $60,037,460,783
1992 $7,328,497,599 $60,416,519,620
1991 $7,151,260,062 $53,453,444,787
1990 $6,694,851,159 $48,606,952,195
1989 $5,870,854,233 $43,536,709,104
1988 $6,320,093,411 $60,226,413,793
1987 $5,713,281,235 $48,029,034,483
1986 $4,129,080,094 $60,516,123,711
1985 $3,088,359,967 $61,965,466,667
1984 $2,964,568,006 $59,867,743,468
1983 $2,862,634,164 $67,556,279,070
1982 $3,318,714,326 $67,736,744,186
1981 $3,615,094,820 $66,327,441,860
1980 $3,499,616,683 $59,116,511,628
1979 $2,953,176,971 $48,310,930,233
1978 $2,599,627,089 $39,316,279,070
1977 $2,285,707,749 $36,210,697,674
1976 $1,727,845,419 $31,419,534,884
1975 $1,456,052,700 $27,464,651,163
1974 $1,568,154,077 $26,100,930,233
1973 $1,194,794,186 $17,035,581,395
1972 $869,002,946 $13,977,727,273
1971 $693,679,545 $12,986,590,909
1970 $545,115,909 $11,561,111,111
1969 $435,659,610 $10,285,111,111
1968 $498,365,200 $10,034,444,444
1967 $652,609,076 $9,250,000,000
1966 $660,663,763 $8,781,333,333
1965 $550,150,988 $8,427,777,778
1964 $456,206,299 $8,192,413,793
1963 $357,240,896 $9,608,717,288
1962 $299,309,938 $8,814,309,884
1961 $266,711,460 $8,067,267,031
1960 $260,984,499 $7,663,938,303

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

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

Iceland and Venezuela economies compared

GDP per capita
Iceland

Venezuela
1x
Year GDP per capita
Iceland Venezuela
2024 $86,041 $4,218
2023 $82,139 $3,617
2022 $76,350 $3,155
2021 $70,425 $2,005
2020 $60,128 $1,506
2019 $69,296 $2,523
2018 $75,634 $3,423
2017 $72,976 $3,791
2016 $62,854 $3,670
2015 $53,506 $4,103
2014 $55,140 $7,096
2013 $50,173 $8,656
2012 $46,595 $12,607
2011 $48,255 $10,844
2010 $43,776 $13,646
2009 $41,484 $11,597
2008 $57,489 $11,262
2007 $70,483 $8,332
2006 $58,172 $6,739
2005 $57,784 $5,432
2004 $47,810 $4,269
2003 $39,944 $3,230
2002 $32,749 $3,652
2001 $29,208 $4,920
2000 $32,504 $4,776
1999 $32,834 $4,071
1998 $31,519 $3,870
1997 $28,462 $3,711
1996 $28,584 $3,113
1995 $27,565 $3,487
1994 $24,858 $2,689
1993 $24,404 $2,825
1992 $28,072 $2,907
1991 $27,740 $2,633
1990 $26,272 $2,452
1989 $23,219 $2,250
1988 $25,307 $3,191
1987 $23,238 $2,611
1986 $16,980 $3,376
1985 $12,793 $3,549
1984 $12,378 $3,520
1983 $12,080 $4,079
1982 $14,191 $4,202
1981 $15,666 $4,228
1980 $15,340 $3,874
1979 $13,082 $3,257
1978 $11,630 $2,727
1977 $10,305 $2,585
1976 $7,848 $2,309
1975 $6,680 $2,078
1974 $7,287 $2,034
1973 $5,627 $1,367
1972 $4,155 $1,155
1971 $3,366 $1,106
1970 $2,666 $1,015
1969 $2,142 $932
1968 $2,473 $938
1967 $3,284 $893
1966 $3,378 $876
1965 $2,861 $869
1964 $2,414 $874
1963 $1,924 $1,060
1962 $1,641 $1,007
1961 $1,490 $954
1960 $1,486 $939

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

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

Iceland vs. Venezuela life expectancy calculator

Life expectancy
Iceland

Venezuela
1x
Year Life expectancy, years
Iceland Venezuela
2026 83.3 73
2025 83.2 72.8
2024 83 72.7
2023 82.7 72.5
2022 81.6 72.6
2021 82.8 71.5
2020 82.7 72.4
2019 82.8 72.8
2018 82.5 72.6
2017 82.2 71.9
2016 81.8 72
2015 82.2 73
2014 82.4 72.8
2013 81.7 73.1
2012 82.3 73.1
2011 82 73.1
2010 81.6 73.1
2009 81.4 72.8
2008 81.2 72.6
2007 81.1 73.3
2006 80.9 73
2005 81.2 73.1
2004 80.7 72.8
2003 80.8 72.1
2002 80.3 72.8
2001 80.4 71
2000 79.5 72.4
1999 79.2 72.1
1998 79.4 72.4
1997 78.7 72.6
1996 78.6 71.9
1995 77.5 71.7
1994 79 71.3
1993 78.8 71.4
1992 78.6 71.2
1991 77.8 71.2
1990 77.7 71
1989 77.9 70.8
1988 76.9 70.8
1987 77.1 70.7
1986 77.9 70.5
1985 77.4 70
1984 77.3 69.7
1983 76.4 69.5
1982 76.8 69
1981 76.2 68.7
1980 76.6 68.2
1979 76.5 68.2
1978 76.4 68.1
1977 76.1 67.7
1976 76.6 67.3
1975 75.3 66.7
1974 74.1 66.2
1973 74.3 65.7
1972 74.4 65.6
1971 73.5 65.2
1970 73.8 64.8
1969 73.7 63.8
1968 73.9 63.9
1967 73.7 63.6
1966 73.1 62.9
1965 73.8 61.9
1964 73.5 61.2
1963 72.9 60.5
1962 73.6 59.7
1961 73.4 59.1
1960 74 58.4
1959 72.6 57.7
1958 73.3 56.9
1957 73.4 56.2
1956 72.9 55.5
1955 73.3 54.8
1954 73.3 54.1
1953 72.3 53.4
1952 72.4 52.7
1951 71 52
1950 71 51.1

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

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

Iceland and Venezuela population clocks and comparison

Population
Iceland

Venezuela
1x
Year Population
Iceland Venezuela
2024 386,506 28,405,543
2023 385,663 28,300,854
2022 382,003 28,213,017
2021 372,520 28,237,826
2020 366,463 28,444,077
2019 360,563 28,938,098
2018 352,721 29,807,592
2017 343,400 30,565,323
2016 335,439 30,765,720
2015 330,815 30,573,972
2014 327,386 30,254,079
2013 323,764 29,912,198
2012 320,716 29,553,826
2011 319,014 29,185,212
2010 318,041 28,813,101
2009 318,499 28,438,298
2008 317,414 28,053,696
2007 311,566 27,649,363
2006 303,782 27,224,686
2005 296,734 26,785,804
2004 292,074 26,340,838
2003 289,521 25,892,703
2002 287,523 25,435,671
2001 284,968 24,979,922
2000 281,205 24,526,708
1999 277,381 24,066,593
1998 274,047 23,601,337
1997 271,128 23,131,685
1996 268,916 22,662,113
1995 267,468 22,193,821
1994 266,021 21,725,188
1993 263,725 21,254,520
1992 261,057 20,780,948
1991 257,797 20,304,896
1990 254,826 19,827,010
1989 252,852 19,348,921
1988 249,740 18,871,020
1987 245,859 18,394,963
1986 243,180 17,923,536
1985 241,405 17,461,434
1984 239,511 17,008,841
1983 236,977 16,562,205
1982 233,860 16,121,874
1981 230,755 15,687,297
1980 228,138 15,258,218
1979 225,735 14,834,552
1978 223,537 14,416,684
1977 221,799 14,006,812
1976 220,154 13,606,284
1975 217,979 13,215,892
1974 215,209 12,835,351
1973 212,317 12,463,537
1972 209,137 12,099,180
1971 206,098 11,741,008
1970 204,438 11,387,790
1969 203,369 11,040,280
1968 201,488 10,697,530
1967 198,751 10,358,513
1966 195,570 10,024,854
1965 192,286 9,697,790
1964 188,983 9,377,712
1963 185,653 9,064,021
1962 182,378 8,756,870
1961 179,029 8,455,915
1960 175,574 8,160,090

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

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

Fertility rates in Iceland and Venezuela

Fertility rate
Iceland

Venezuela
1x
Year Fertility rate
Iceland Venezuela
2023 1.59 2.08
2022 1.59 2.09
2021 1.82 2.11
2020 1.72 2.12
2019 1.74 2.13
2018 1.71 2.15
2017 1.71 2.18
2016 1.74 2.22
2015 1.8 2.25
2014 1.93 2.3
2013 1.93 2.33
2012 2.04 2.38
2011 2.02 2.4
2010 2.2 2.4
2009 2.23 2.42
2008 2.15 2.48
2007 2.09 2.52
2006 2.08 2.6
2005 2.05 2.63
2004 2.04 2.64
2003 1.99 2.7
2002 1.93 2.74
2001 1.95 2.78
2000 2.08 2.79
1999 1.99 2.86
1998 2.05 2.91
1997 2.04 2.97
1996 2.12 3.02
1995 2.08 3.08
1994 2.14 3.15
1993 2.22 3.22
1992 2.21 3.29
1991 2.18 3.37
1990 2.3 3.45
1989 2.19 3.52
1988 2.26 3.6
1987 2.06 3.67
1986 1.92 3.73
1985 1.93 3.79
1984 2.08 3.86
1983 2.24 3.93
1982 2.27 4.01
1981 2.33 4.1
1980 2.48 4.2
1979 2.49 4.3
1978 2.35 4.4
1977 2.31 4.49
1976 2.52 4.59
1975 2.65 4.69
1974 2.66 4.79
1973 2.94 4.91
1972 3.09 5.04
1971 2.92 5.17
1970 2.81 5.32
1969 2.99 5.47
1968 3.06 5.61
1967 3.28 5.75
1966 3.59 5.87
1965 3.73 5.98
1964 3.88 6.07
1963 3.99 6.16
1962 3.98 6.23
1961 3.88 6.3
1960 4.29 6.38

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

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

Iceland and Venezuela demographics compared

Median age
Iceland

Venezuela
1x
Year Median age, years
Iceland Venezuela
2024 37.1 30.2
2023 36.9 30
2022 36.7 29.8
2021 36.7 29.6
2020 36.6 29.2
2019 36.5 28.9
2018 36.4 28.4
2017 36.3 28
2016 36.2 27.7
2015 36 27.4
2014 35.7 27.1
2013 35.5 26.8
2012 35.4 26.5
2011 35.1 26.1
2010 34.9 25.8
2009 34.6 25.5
2008 34.5 25.2
2007 34.6 24.9
2006 34.5 24.7
2005 34.2 24.4
2004 34 24.1
2003 33.7 23.9
2002 33.4 23.6
2001 33 23.4
2000 32.8 23.1
1999 32.6 22.8
1998 32.4 22.6
1997 32.1 22.3
1996 31.8 22.1
1995 31.5 21.9
1994 31.1 21.6
1993 30.8 21.4
1992 30.5 21.2
1991 30.2 21
1990 30 20.8
1989 29.6 20.6
1988 29.3 20.4
1987 29.1 20.2
1986 28.8 20
1985 28.4 19.8
1984 28 19.6
1983 27.7 19.4
1982 27.5 19.2
1981 27.2 19
1980 26.9 18.8
1979 26.7 18.7
1978 26.4 18.5
1977 26 18.3
1976 25.7 18.1
1975 25.4 17.9
1974 25.1 17.7
1973 24.9 17.5
1972 24.8 17.3
1971 24.7 17.2
1970 24.5 17
1969 24.3 16.9
1968 24.2 16.7
1967 24.1 16.6
1966 24.1 16.6
1965 24.2 16.5
1964 24.4 16.5
1963 24.7 16.5
1962 24.9 16.5
1961 25.2 16.6
1960 25.4 16.6

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

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

Interactive Maps

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National statistics comparison

Finance

Iceland Venezuela
GNI, Atlas method
$31.8B
2024
$109B
2024
Government expenditure, % of GDP
46.5%
2024
17.6%
2024
Education expenditure, % of GDP
7.29%
2022
0.003%
2023
Military expenditure, % of GDP n/a
0.5%
2023
Armed forces personnel
0
2020
343,000
2020
Deficit/surplus, % of GDP
-3.51%
2024
-3.6%
2024
Unemployment rate
3.56%
2024
7.53%
2020
Services, % of GDP
64.9%
2024
51.7%
2014
Industry, % of GDP
20.1%
2024
37.2%
2014
Economic freedom index
75
2026
27.3
2026
Income share by richest 10%
22.4%
2019
33.2%
2006
Income share by poorest 10%
3.7%
2019
1.2%
2006
Number of billionaires
1
2025
1
2025
Percentage of billionaires
0.0003%
2025
0.000005%
2025
Listed domestic companies
34
2004
37
2014
Market capitalization of domestic companies n/a
$3.98B
2002
Total reserves including gold
$6.4B
2024
$9.79B
2017
Personal remittances received
$246M
2024
$279M
2016
International tourist arrivals
488,000
2020
429,000
2017
International tourism as share of exports
11.9%
2008
1.9%
2016
Banked people share
99.9%
2024
87.3%
2024

Energy

Iceland Venezuela
Energy use, kg of oil equivalent per capita
15,686 kg
2023
1,478 kg
2022
GDP PPP per kg equivalent of energy use
$5.2
2023
$9.2
2011
Carbon dioxide (CO2) emissions
3.29 megatons
2024
96.4 megatons
2024
CO2 emissions per capita
8.52 tons
2024
3.39 tons
2024
Fossil fuel energy use share
10.3%
2023
85.9%
2022
Renewable energy use share
82.4%
2021
33.7%
2021
Alternative and nuclear energy use share
88.8%
2023
13.3%
2022
Net energy imports use share
20.5%
2009
-73.9%
2022
Electric power consumption per capita
50,951 kWh
2023
1,989 kWh
2022
Renewable electricity output share
100%
2016
75.4%
2021
Hydroelectric share
70.3%
2023
78.3%
2022
Nuclear share
0%
2021
0%
2021
Electricity access
100%
2023
100%
2023

Society

Iceland Venezuela
% of world population
0.005%
2024
0.35%
2024
Annual migration change
+2,709
2025
-100,467
2025
Urban population
94.2%
2024
89.3%
2024
Male:Female ratio
51.2:48.8
2024
49.4:50.6
2024
Average male height
5.97 ft
2025
5.69 ft
2025
Average female height
5.54 ft
2025
5.25 ft
2025
Quality of life index
93.6
2026
27.6
2026
Corruption Perceptions Index
77
2025
10
2025
Higher education index
79
2026
61
2026
Homicides per 100K people
1.07
2022
12.6
2022
Road traffic mortality per 100K people
2
2019
39
2019
Visa free countries
168
2025
123
2025
Adult literacy rate
99%
2003
97.6%
2022
English speaking
98%
2023
1%
2025
People using the Internet
99.8%
2023
61.6%
2017

Health

Iceland Venezuela
Government health expenditure per capita
$7,642
2024
$186
2023
Out-of-pocket health expenditure per capita
$1,137
2024
$55.2
2023
Life expectancy
83.3 years
2026
73 years
2026
Foreign aid share of health expenditure
0%
2023
0.54%
2023
Physicians per 1,000 people
4.37
2023
1.66
2017
Age at first childbirth
28.8 years
2023
n/a
Maternal mortality per 100K births
3
2023
227
2023
Mortality rate before reaching 5 years of age
2.6
2023
24.3
2023
Obesity rate
21.8%
2022
23.3%
2022
Diabetes prevalence
6.9%
2024
8.6%
2024
Air quality index
98
2026
73
2026
Tobacco use prevalence
9.4%
2022
n/a
Pure alcohol consumption per capita
7.94 liters
2020
1.99 liters
2020

Territory

Iceland Venezuela
% of world land
0.07%
2026
0.59%
2026
Land area per capita
100,725 sq mi
2024
11,989 sq mi
2024
Agricultural land area
6,324 sq mi
2026
83,012 sq mi
2026
Forest area
205.8 sq mi
2026
177,888 sq mi
2026
Roads length
8,014 mi
2012
59,769 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) (2000–2019, 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. 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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