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Population in Iceland compared to Paraguay: Trends, Charts, Rankings

Updated on by Georank team

The latest officially reported population of Iceland was 386,506 in 2024 vs 6,929,153 people in Paraguay in 2024. In 2026, based on the adjusted UN estimation, the current Iceland's population is 397,129 people compared to 7,120,169 in Paraguay.

Population statistics:

  • Paraguay's population is 17.9 times bigger than Iceland's.
  • Iceland is ranked the 173rd most populous country in the world, while Paraguay is the 108th.
  • The countries together account for 0.09% of the world: 0.005% for Iceland vs 0.09% for Paraguay.
  • For the last 10 years, Iceland has had an average growth rate of +1.63% per year vs +1.34% in Paraguay.
  • Since 2006, the population of Iceland has increased from 304K people to 397K (30.7% growth), while Paraguay has grown from 5.51M to 7.12M (29.3% growth).

Iceland vs Paraguay: population by year and forecast

Iceland
Factual

Projection
Paraguay
Factual

Projection
1x
Year Population
Iceland Paraguay
2100 359,553 9,114,469
2099 361,331 9,134,868
2098 363,133 9,153,773
2097 364,957 9,171,880
2096 366,850 9,188,931
2095 368,746 9,204,812
2094 370,650 9,219,996
2093 372,614 9,234,274
2092 374,717 9,247,659
2091 376,803 9,260,551
2090 378,807 9,272,453
2089 380,812 9,283,984
2088 382,997 9,293,775
2087 385,164 9,302,722
2086 387,257 9,311,508
2085 389,362 9,319,285
2084 391,416 9,325,447
2083 393,481 9,331,054
2082 395,438 9,335,846
2081 397,470 9,340,017
2080 399,499 9,342,618
2079 401,462 9,344,195
2078 403,324 9,344,403
2077 405,255 9,343,525
2076 406,954 9,341,603
2075 408,546 9,337,944
2074 410,015 9,332,883
2073 411,402 9,326,126
2072 412,903 9,317,685
2071 414,245 9,307,917
2070 415,521 9,296,216
2069 416,683 9,282,854
2068 417,749 9,268,086
2067 418,899 9,251,858
2066 419,918 9,233,146
2065 420,941 9,212,933
2064 421,814 9,190,368
2063 422,695 9,165,372
2062 423,614 9,138,205
2061 424,319 9,109,701
2060 425,096 9,079,572
2059 425,721 9,047,300
2058 426,288 9,011,957
2057 426,844 8,975,110
2056 427,304 8,936,412
2055 427,695 8,896,115
2054 427,915 8,853,974
2053 428,108 8,810,350
2052 428,300 8,764,844
2051 428,278 8,717,773
2050 428,323 8,669,516
2049 428,289 8,619,672
2048 428,213 8,568,157
2047 428,102 8,515,265
2046 427,911 8,460,084
2045 427,683 8,404,136
2044 427,236 8,346,996
2043 426,580 8,288,781
2042 425,915 8,228,904
2041 425,212 8,168,202
2040 424,385 8,106,496
2039 423,407 8,043,273
2038 422,302 7,978,464
2037 421,094 7,912,690
2036 419,738 7,845,468
2035 418,238 7,777,137
2034 416,721 7,707,832
2033 415,006 7,636,950
2032 413,150 7,564,485
2031 411,039 7,490,891
2030 408,677 7,415,529
2029 406,109 7,338,535
2028 403,085 7,259,813
2027 399,797 7,179,864
2026 396,141 7,098,035
2025 391,759 7,014,448
2024 386,506 6,929,153
2023 385,663 6,844,146
2022 382,003 6,760,464
2021 372,520 6,684,182
2020 366,463 6,603,739
2019 360,563 6,515,058
2018 352,721 6,427,382
2017 343,400 6,338,660
2016 335,439 6,249,126
2015 330,815 6,159,103
2014 327,386 6,069,811
2013 323,764 5,982,445
2012 320,716 5,897,008
2011 319,014 5,814,626
2010 318,041 5,737,971
2009 318,499 5,671,236
2008 317,414 5,613,574
2007 311,566 5,559,386
2006 303,782 5,505,148
2005 296,734 5,448,097
2004 292,074 5,388,175
2003 289,521 5,326,436
2002 287,523 5,261,328
2001 284,968 5,187,689
2000 281,205 5,100,868
1999 277,381 5,003,135
1998 274,047 4,900,025
1997 271,128 4,794,412
1996 268,916 4,687,543
1995 267,468 4,579,806
1994 266,021 4,471,417
1993 263,725 4,362,696
1992 261,057 4,253,600
1991 257,797 4,144,364
1990 254,826 4,035,747
1989 252,852 3,927,802
1988 249,740 3,820,546
1987 245,859 3,714,889
1986 243,180 3,611,474
1985 241,405 3,510,671
1984 239,511 3,412,936
1983 236,977 3,318,068
1982 233,860 3,226,189
1981 230,755 3,137,604
1980 228,138 3,053,235
1979 225,735 2,973,968
1978 223,537 2,899,269
1977 221,799 2,827,874
1976 220,154 2,758,836
1975 217,979 2,691,648
1974 215,209 2,625,621
1973 212,317 2,561,102
1972 209,137 2,499,881
1971 206,098 2,442,537
1970 204,438 2,388,028
1969 203,369 2,334,992
1968 201,488 2,282,391
1967 198,751 2,229,994
1966 195,570 2,177,584
1965 192,286 2,125,177
1964 188,983 2,073,119
1963 185,653 2,021,909
1962 182,378 1,973,130
1961 179,029 1,927,394
1960 175,574 1,883,514

Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/population/iceland/paraguay | CC BY

From 2006 to 2016, the population of Iceland increased by 31,657 people (a 10.4% growth), while Paraguay gained 743,978 people (a 13.5% growth).

For the next 10 years, from 2016 to 2026, Iceland gained 61,690 people (a 18.4% growth), while Paraguay's population increased by 871,043 people (a 13.9% growth).

Iceland was ranked 172nd most populous country in 2006 and is 173rd in 2026. Paraguay was ranked 107th in 2006 and ranked 108th now.

The UN's World Population Prospects forecasts that in 24 years (in 2050) Iceland's population will grow by 7.85% to 428,323 people and will still be ranked 173rd. The population of Paraguay will increase by 21.8% to 8,669,516 people and rank change from 108th to 110th.

Iceland is projected to reach its peak in 2050 at 428K people compared to the peak of 9.34M people in 2078 for Paraguay.

Population growth rate by year

Iceland
Factual

Projection
Paraguay
Factual

Projection
1x
Year Growth rate
Iceland Paraguay
2100 -0.49% -0.22%
2099 -0.5% -0.21%
2098 -0.5% -0.2%
2097 -0.52% -0.19%
2096 -0.51% -0.17%
2095 -0.51% -0.16%
2094 -0.53% -0.15%
2093 -0.56% -0.14%
2092 -0.55% -0.14%
2091 -0.53% -0.13%
2090 -0.53% -0.12%
2089 -0.57% -0.11%
2088 -0.56% -0.1%
2087 -0.54% -0.09%
2086 -0.54% -0.08%
2085 -0.52% -0.07%
2084 -0.52% -0.06%
2083 -0.49% -0.05%
2082 -0.51% -0.04%
2081 -0.51% -0.03%
2080 -0.49% -0.02%
2079 -0.46% -0.002%
2078 -0.48% 0.009%
2077 -0.42% 0.02%
2076 -0.39% 0.04%
2075 -0.36% 0.05%
2074 -0.34% 0.07%
2073 -0.36% 0.09%
2072 -0.32% 0.1%
2071 -0.31% 0.13%
2070 -0.28% 0.14%
2069 -0.26% 0.16%
2068 -0.27% 0.18%
2067 -0.24% 0.2%
2066 -0.24% 0.22%
2065 -0.21% 0.25%
2064 -0.21% 0.27%
2063 -0.22% 0.3%
2062 -0.17% 0.31%
2061 -0.18% 0.33%
2060 -0.15% 0.36%
2059 -0.13% 0.39%
2058 -0.13% 0.41%
2057 -0.11% 0.43%
2056 -0.09% 0.45%
2055 -0.05% 0.48%
2054 -0.05% 0.5%
2053 -0.04% 0.52%
2052 0.005% 0.54%
2051 -0.01% 0.56%
2050 0.008% 0.58%
2049 0.02% 0.6%
2048 0.03% 0.62%
2047 0.04% 0.65%
2046 0.05% 0.67%
2045 0.1% 0.68%
2044 0.15% 0.7%
2043 0.16% 0.73%
2042 0.17% 0.74%
2041 0.2% 0.76%
2040 0.23% 0.79%
2039 0.26% 0.81%
2038 0.29% 0.83%
2037 0.32% 0.86%
2036 0.36% 0.88%
2035 0.36% 0.9%
2034 0.41% 0.93%
2033 0.45% 0.96%
2032 0.51% 0.98%
2031 0.58% 1.02%
2030 0.63% 1.05%
2029 0.75% 1.08%
2028 0.82% 1.11%
2027 0.92% 1.15%
2026 1.12% 1.19%
2025 1.36% 1.23%
2024 0.22% 1.24%
2023 0.96% 1.24%
2022 2.55% 1.14%
2021 1.65% 1.22%
2020 1.64% 1.36%
2019 2.22% 1.36%
2018 2.71% 1.4%
2017 2.37% 1.43%
2016 1.4% 1.46%
2015 1.05% 1.47%
2014 1.12% 1.46%
2013 0.95% 1.45%
2012 0.53% 1.42%
2011 0.31% 1.34%
2010 -0.14% 1.18%
2009 0.34% 1.03%
2008 1.88% 0.97%
2007 2.56% 0.99%
2006 2.38% 1.05%
2005 1.6% 1.11%
2004 0.88% 1.16%
2003 0.69% 1.24%
2002 0.9% 1.42%
2001 1.34% 1.7%
2000 1.38% 1.95%
1999 1.22% 2.1%
1998 1.08% 2.2%
1997 0.82% 2.28%
1996 0.54% 2.35%
1995 0.54% 2.42%
1994 0.87% 2.49%
1993 1.02% 2.56%
1992 1.26% 2.64%
1991 1.17% 2.69%
1990 0.78% 2.75%
1989 1.25% 2.81%
1988 1.58% 2.84%
1987 1.1% 2.86%
1986 0.74% 2.87%
1985 0.79% 2.86%
1984 1.07% 2.86%
1983 1.33% 2.85%
1982 1.35% 2.82%
1981 1.15% 2.76%
1980 1.06% 2.67%
1979 0.98% 2.58%
1978 0.78% 2.52%
1977 0.75% 2.5%
1976 1% 2.5%
1975 1.29% 2.51%
1974 1.36% 2.52%
1973 1.52% 2.45%
1972 1.47% 2.35%
1971 0.81% 2.28%
1970 0.53% 2.27%
1969 0.93% 2.3%
1968 1.38% 2.35%
1967 1.63% 2.41%
1966 1.71% 2.47%
1965 1.75% 2.51%
1964 1.79% 2.53%
1963 1.8% 2.47%
1962 1.87% 2.37%
1961 1.97% 2.33%

Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1961–2024, retrieved 2026-04-06).

GeoRank.org/population/iceland/paraguay | CC BY

In 2024, the population of Iceland grew by 0.22%, while Paraguay's population grew by 1.24%.

Live population counters

Iceland Paraguay
Current population
397129
7120169
Population rank 173/197 108/197
Percent of world population 0.005% 0.09%
One net population change
10.4 hours
6.18 minutes
One birth every
2.07 hours
3.84 minutes
One death every
3.44 hours
13.5 minutes
Daily growth/decline +2 +233
Annual growth/decline +843 +85,007
Annual growth/decline rate +0.22% +1.24%
Population growth rate rank 155/197 87/197
One migration net change every
3.24 hours
42.4 minutes
Annual migration change +2,709 -12,423
Net migration rank 56/196 137/196
Foreign-born residents 98,818 180,837
Foreign-born residents rank 130/195 119/195
Foreign-born share of population 25.1% 2.6%
Foreign-born share rank 23/195 123/195

Natural population change vs migration

Iceland
Natural

Migration
Paraguay
Natural

Migration
1x
Year Population change
Iceland Paraguay
Natural Migration Natural Migration
2025 - 2,709 - -12,423
2024 - 3,543 - -12,451
2023 1,697 4,630 97,748 -12,500
2022 1,719 6,535 94,627 -12,500
2021 2,534 4,911 78,667 -8,226
2020 2,199 2,498 98,667 -8,226
2019 2,163 5,030 103,179 -16,263
2018 1,975 6,638 104,908 -16,472
2017 1,854 8,348 105,634 -16,630
2016 1,711 4,128 106,804 -16,737
2015 1,952 1,499 106,817 -16,834
2014 2,324 1,139 105,585 -16,989
2013 2,169 1,666 103,383 -17,232
2012 2,566 -277 102,508 -17,763
2011 2,521 -1,393 100,442 -20,427
2010 2,862 -2,055 99,456 -26,169
2009 3,026 -4,785 100,296 -40,112
2008 2,825 1,138 99,821 -44,679
2007 2,617 5,254 99,141 -45,914
2006 2,491 5,300 99,808 -44,568
2005 2,433 3,925 101,035 -42,173
2004 2,425 610 101,896 -40,907
2003 2,317 -204 102,427 -39,941
2002 2,243 -333 104,658 -36,918
2001 2,365 867 107,225 -27,676
2000 2,475 1,877 109,979 -15,884
1999 2,192 1,165 112,726 -11,362
1998 2,357 1,014 114,122 -9,276
1997 2,305 225 115,095 -8,704
1996 2,447 -511 115,623 -8,273
1995 2,354 -1,354 115,777 -7,653
1994 2,713 -804 115,662 -6,999
1993 2,875 -194 115,211 -6,431
1992 2,898 -225 115,442 -6,035
1991 2,733 1,145 114,472 -5,420
1990 3,058 -971 112,864 -4,685
1989 2,832 -994 111,727 -4,009
1988 2,847 1,572 110,348 -3,557
1987 2,360 944 107,962 -3,445
1986 2,384 -335 105,776 -3,460
1985 2,221 -628 102,859 -3,562
1984 2,539 -328 99,937 -3,769
1983 2,702 170 96,406 -2,845
1982 2,736 616 92,917 -2,725
1981 2,677 157 89,456 -2,477
1980 2,966 -629 84,568 -2,808
1979 2,980 -572 80,345 -3,570
1978 2,727 -781 76,691 -4,066
1977 2,551 -1,079 74,359 -4,201
1976 2,951 -1,181 71,973 -4,066
1975 2,965 -388 70,285 -3,807
1974 2,776 209 69,059 -3,478
1973 3,121 -310 67,803 -4,346
1972 3,241 362 66,625 -7,642
1971 2,782 -231 66,142 -10,446
1970 2,576 -1,754 65,905 -12,579
1969 2,766 -1,414 65,616 -12,859
1968 2,841 -448 65,575 -13,132
1967 3,021 47 65,695 -13,346
1966 3,305 39 66,002 -13,538
1965 3,442 -194 66,063 -13,715
1964 3,459 -67 65,681 -13,915
1963 3,490 -113 64,741 -14,086
1962 3,465 -228 63,079 -16,175
1961 3,312 164 61,536 -16,972
1960 3,758 -269 60,009 -16,811

Data sources: World Bank | Health (1960–2025, retrieved 2026-04-06).

GeoRank.org/population/iceland/paraguay | CC BY

Over the last 10 years, 30.7% of the population change in Iceland is from natural causes (a gain of 20,128 people) and 69.3% is from migration (a gain of 45,356 people). In Paraguay 87.6% is from natural causes (a gain of 1,002,636 people) and 12.4% is from migration (a loss of 141,377 people).

As of 2024, 98,818 residents or 25.1% of the population were not native-born in Iceland, compared to 180,837 people or 2.6% in Paraguay.

Biggest cities by population

Iceland
City Population
Reykjavik 139K
Kopavogur 40K
Hafnarfjorur 31.5K
Keflavik 23.3K
Akureyri 20K
Paraguay
City Population
Asuncion 462K
Ciudad del Este 350K
Luque 260K
San Lorenzo 225K
Pedro Juan Caballero 127K
Caaguazu 127K
Encarnacion 107K
Coronel Oviedo 52.4K
Concepcion 45.1K

Compare countries by 7 more topics

Population map with other countries

1x

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06); United Nations | World Population Prospects (1960–2026, retrieved 2026-03-10); U.S. Census Bureau (1960–2025, retrieved 2026-02-08); Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20).

GeoRank.org/population/iceland/paraguay | CC BY

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1960–2100, 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. Wikidata (2026, retrieved 2026-02-08)

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