Selected indicators for Iceland

Population

Population, Million persons, 1998-2018
Population, Annual growth rate (%), 2018

0.4 million

Growth rate: 2.7%

Income inequality

Income inequality, 0 = complete equality; 1 = complete inequality, latest available year

Education

Mathematics performance (PISA), Mean score, 2018
Reading performance (PISA), Mean score, 2018
Science performance (PISA), Mean score, 2018

CO2 emissions

Air and GHG emissions, Carbon dioxide (CO2), latest available year

5.2 tonnes per capita

GDP

Gross domestic product (GDP), US dollars/capita, 2020
Real GDP forecast, Annual growth rate (%), 2022

55 492 US$ per capita

Projected growth rate: 4.7%

Debt

General government debt, % of GDP, 2013

Government debt:
106.9 % of GDP

Tax

Tax on personal income, % of GDP, 2019

Tax on personal income:
14.7 % of GDP

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Country profile of Iceland

AgricultureLatestTrendRanking
Agricultural landIndicator 1 467.92 Permanent pasture
Thousand hectares
2018
Iceland
Thousand hectares
Permanent pasture
Thousand hectares
1999-2018
Iceland (red)
Permanent pasture
Thousand hectares
2018
Iceland (red)
Agricultural supportIndicator 57.2 Producer support (PSE)
% of gross farm receipts
2020
Iceland
% of gross farm receipts
Producer support (PSE)
% of gross farm receipts
2001-2020
Iceland (red), OECD - Total (black)
Crop productionIndicator
Fish landingsIndicator 1 252 105.8 National landings in domestic ports
Tonnes
2018
Iceland
Tonnes
National landings in domestic ports
Tonnes
1998-2018
Iceland (red), OECD - Total (black)
National landings in domestic ports
Tonnes
2018
Iceland (red)
Nutrient balanceIndicator 7.7 Nitrogen
Kilograms/hectare
2018
Iceland
Kilograms/hectare
Nitrogen
Kilograms/hectare
1999-2018
Iceland (red)
Nitrogen
Kilograms/hectare
2017
Iceland (red)

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DevelopmentLatestTrendRanking
Distribution of net ODAIndicator 20.5 Least developed countries
Million US dollars
2019
Iceland
Million US dollars
Least developed countries
Million US dollars
2000-2019
Iceland (red), DAC Countries (black)
Least developed countries
Million US dollars
2019
Iceland (red), DAC Countries (black)
Grants by private agencies and NGOsIndicator
Net ODAIndicator 0.3 ODA grant equivalent
% of gross national income
2020
Iceland
% of gross national income
ODA grant equivalent
% of gross national income
2018-2020
Iceland (red), DAC Countries (black)
ODA grant equivalent
% of gross national income
2020
Iceland (red), DAC Countries (black)
Private flowsIndicator 58.0 Total
Million US dollars
2019
Iceland
Million US dollars
Total
Million US dollars
2015-2019
Iceland (red), DAC Countries (black)
Total
Million US dollars
2019
Iceland (red), DAC Countries (black)
Total official and private flowsIndicator 119.4 Total
Million US dollars
2019
Iceland
Million US dollars
Total
Million US dollars
2000-2019
Iceland (red), DAC Countries (black)
Total
Million US dollars
2019
Iceland (red), DAC Countries (black)

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EconomyLatestTrendRanking
Composite leading indicator (CLI)Indicator 96.27 Amplitude adjusted
Long-term average = 100
Jun-2021
Iceland
Long-term average = 100
Household disposable incomeIndicator
Labour compensation per hour workedIndicator 5.9 Total
Annual growth rate (%)
2020
Iceland
Annual growth rate (%)
Total
Annual growth rate (%)
2009-2020
Iceland (red)
Total
Annual growth rate (%)
2020
Iceland (red)
Net national incomeIndicator
Trade in goods and servicesIndicator 34.1 Exports
% of GDP
2020
Iceland
% of GDP
Exports
% of GDP
2001-2020
Iceland (red)
Exports
% of GDP
2020
Iceland (red)

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EducationLatestTrendRanking
Education spendingIndicator 12 671 Tertiary
US dollars/student
2015
Iceland
US dollars/student
Tertiary
US dollars/student
2000-2015
Iceland (red)
Tertiary
US dollars/student
2016
Iceland (red)
Mathematics performance (PISA)Indicator 490 Boys
Mean score
2018
Iceland
Mean score
Boys
Mean score
2003-2018
Iceland (red), OECD - Average (black)
Boys
Mean score
2018
Iceland (red), OECD - Average (black)
Reading performance (PISA)Indicator 454 Boys
Mean score
2018
Iceland
Mean score
Boys
Mean score
2000-2018
Iceland (red), OECD - Average (black)
Boys
Mean score
2018
Iceland (red), OECD - Average (black)
Science performance (PISA)Indicator 471 Boys
Mean score
2018
Iceland
Mean score
Boys
Mean score
2006-2018
Iceland (red), OECD - Average (black)
Boys
Mean score
2018
Iceland (red), OECD - Average (black)
Youth not in employment, education or training (NEET)Indicator 5.2 15-19 year-old men
% in same age group
2019
Iceland
% in same age group
15-19 year-old men
% in same age group
2014-2019
Iceland (red), OECD - Average (black)
15-19 year-old men
% in same age group
2019
Iceland (red), OECD - Average (black)

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EnergyLatestTrendRanking
Crude oil productionIndicator 0.0 Total
Thousand toe
2017
Iceland
Thousand toe
Total
Thousand toe
1998-2017
Iceland (red)
Total
Thousand toe
2017
Iceland (red)
Infrastructure investmentIndicator 99 401 538.99 Road
Euro
2018
Iceland
Euro
Road
Euro
1999-2018
Iceland (red)
Road
Euro
2018
Iceland (red)
Passenger transportIndicator 8 293.0 Road
Million passenger-kilometres
2018
Iceland
Million passenger-kilometres
Road
Million passenger-kilometres
1999-2018
Iceland (red)
Road
Million passenger-kilometres
2016
Iceland (red)
Primary energy supplyIndicator 0.32 Total
Toe/1 000 US dollars
2019
Iceland
Toe/1 000 US dollars
Total
Toe/1 000 US dollars
2000-2019
Iceland (red)
Total
Toe/1 000 US dollars
2019
Iceland (red)
Road accidentsIndicator 17 Deaths
Per 1 000 000 inhabitants
2019
Iceland
Per 1 000 000 inhabitants
Deaths
Per 1 000 000 inhabitants
2000-2019
Iceland (red)
Deaths
Per 1 000 000 inhabitants
2019
Iceland (red)

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EnvironmentLatestTrendRanking
Air and GHG emissionsIndicator 5.2 Carbon dioxide (CO2)
Tonnes/capita
2019
Iceland
Tonnes/capita
Carbon dioxide (CO2)
Tonnes/capita
2000-2019
Iceland (red)
Carbon dioxide (CO2)
Tonnes/capita
2019
Iceland (red)
Municipal wasteIndicator 673.8 Total
Kilograms/capita
2017
Iceland
Kilograms/capita
Total
Kilograms/capita
1998-2017
Iceland (red), OECD - Total (black)
Total
Kilograms/capita
2019
OECD - Total (black)
Water withdrawalsIndicator 3 011.0 Total
Million m3
2014
Iceland
Million m3
Total
Million m3
1996-2014
Iceland (red)
Total
Million m3
2016

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FinanceLatestTrendRanking
Broad money (M3)Indicator 122.93 Total
2015=100
Apr-2021
Iceland
2015=100
Total
2015=100
Sep-2019-Apr-2021
Iceland (red), OECD - Total (black)
Total
2015=100
Dec-2018
Iceland (red), OECD - Total (black)
Long-term interest ratesIndicator 3.2 Total
% per annum
Jun-2021
Iceland
% per annum
Total
% per annum
Nov-2019-Jun-2021
Iceland (red)
Total
% per annum
Jun-2021
Iceland (red)
Net pension replacement ratesIndicator 69.8 Men
% of pre-retirement earnings
2018
Iceland
% of pre-retirement earnings
Men
% of pre-retirement earnings
2014-2018
Iceland (red), OECD - Total (black)
Men
% of pre-retirement earnings
2018
Iceland (red)
Net pension wealthIndicator 12.5 Men
Multiple of annual gross earnings
2018
Iceland
Multiple of annual gross earnings
Men
Multiple of annual gross earnings
2014-2018
Iceland (red), OECD - Total (black)
Men
Multiple of annual gross earnings
2018
Iceland (red)
Short-term interest ratesIndicator 1.6 Total
% per annum
Jun-2021
Iceland
% per annum
Total
% per annum
Nov-2019-Jun-2021
Iceland (red), Euro area (19 countries) (black)
Total
% per annum
Jun-2021
Iceland (red), Euro area (19 countries) (black)

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GovernmentLatestTrendRanking
General government spendingIndicator 43.4 Total
% of GDP
2019
Iceland
% of GDP
Total
% of GDP
2000-2019
Iceland (red)
Total
% of GDP
2019
Iceland (red)
Government reservesIndicator 2 832.2 Total
SDR millions
Q4-2014
Iceland
SDR millions
Total
SDR millions
Q1-2010-Q4-2014
Iceland (red)
Total
SDR millions
Q4-2014
Iceland (red)
Tax on corporate profitsIndicator 2.1 Total
% of GDP
2019
Iceland
% of GDP
Total
% of GDP
2000-2019
Iceland (red), OECD - Average (black)
Total
% of GDP
2019
Iceland (red)
Tax revenueIndicator 36.1 Total
% of GDP
2019
Iceland
% of GDP
Total
% of GDP
2000-2019
Iceland (red), OECD - Average (black)
Total
% of GDP
2019
Iceland (red), OECD - Average (black)
Tax wedgeIndicator 32.3 Total
% of labour cost
2020
Iceland
% of labour cost
Total
% of labour cost
2001-2020
Iceland (red), OECD - Average (black)
Total
% of labour cost
2020
Iceland (red), OECD - Average (black)

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HealthLatestTrendRanking
Health spendingIndicator 5 034 Total
US dollars/capita
2020
Iceland
US dollars/capita
Total
US dollars/capita
2001-2020
Iceland (red)
Total
US dollars/capita
2019
Iceland (red)
Hospital bedsIndicator 2.8 Total
Per 1 000 inhabitants
2020
Iceland
Per 1 000 inhabitants
Total
Per 1 000 inhabitants
2007-2020
Iceland (red)
Total
Per 1 000 inhabitants
2019
Iceland (red)
Length of hospital stayIndicator 5.50 Acute care
Days
2019
Iceland
Days
Acute care
Days
2007-2019
Iceland (red)
Acute care
Days
2019
Iceland (red)
Life expectancy at birthIndicator 81.7 Men
Years
2020
Iceland
Years
Men
Years
2001-2020
Iceland (red)
Men
Years
2020
Iceland (red)
Overweight or obese populationIndicator

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Innovation and TechnologyLatestTrendRanking
Gross domestic spending on R&DIndicator 2.3 Total
% of GDP
2019
Iceland
% of GDP
Total
% of GDP
1999-2019
Iceland (red), OECD - Total (black)
Total
% of GDP
2019
Iceland (red), OECD - Total (black)
ICT value addedIndicator 4.3 Total
% of value added
2011
Iceland
% of value added
Total
% of value added
2011
Iceland (red), OECD - Total (black)
Internet accessIndicator 98.5 Total
% of all households
2020
Iceland
% of all households
Total
% of all households
2005-2020
Iceland (red), OECD - Total (black)
Total
% of all households
2020
Iceland (red)
Mobile broadband subscriptionsIndicator 114.5 Total
Per 100 inhabitants
Q2-2020
Iceland
Per 100 inhabitants
Total
Per 100 inhabitants
Q4-2010-Q2-2020
Iceland (red), OECD - Total (black)
Total
Per 100 inhabitants
Q2-2020
Iceland (red), OECD - Total (black)
Triadic patent familiesIndicator 3.5 Total
Number
2018
Iceland
Number
Total
Number
1999-2018
Iceland (red), OECD - Total (black)
Total
Number
2018
Iceland (red), OECD - Total (black)

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JobsLatestTrendRanking
Average wagesIndicator 67 488.0 Total
US dollars
2020
Iceland
US dollars
Total
US dollars
2001-2020
Iceland (red)
Total
US dollars
2020
Iceland (red)
Employment rateIndicator 77.0 Total
% of working age population
Q4-2020
Iceland
% of working age population
Total
% of working age population
Q1-2016-Q4-2020
Iceland (red), OECD - Total (black)
Total
% of working age population
Q1-2021
OECD - Total (black)
Hours workedIndicator 1 435 Total
Hours/worker
2020
Iceland
Hours/worker
Total
Hours/worker
2001-2020
Iceland (red), OECD - Total (black)
Total
Hours/worker
2020
Iceland (red), OECD - Total (black)
Long-term unemployment rateIndicator 10.4 Total
% of unemployed
2020
Iceland
% of unemployed
Total
% of unemployed
2001-2020
Iceland (red), OECD - Total (black)
Total
% of unemployed
2020
Iceland (red), OECD - Total (black)
Self-employment rateIndicator

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SocietyLatestTrendRanking
Fertility ratesIndicator 1.75 Total
Children/woman
2019
Iceland
Children/woman
Total
Children/woman
2000-2019
Iceland (red)
Total
Children/woman
2019
Iceland (red)
National population distributionIndicator 0.0 Urban regions
Percentage
2014
Iceland
Percentage
Urban regions
Percentage
2014
Iceland (red), OECD - Total (black)
Permanent immigrant inflowsIndicator
Poverty rateIndicator 0.05 Total
Ratio
2017
Iceland
Ratio
Total
Ratio
2004-2017
Iceland (red)
Total
Ratio
2018
Social spendingIndicator 17.4 Public
% of GDP
2019
Iceland
% of GDP
Public
% of GDP
2000-2019
Iceland (red), OECD - Total (black)
Public
% of GDP
2019
Iceland (red), OECD - Total (black)

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