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Iceland

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Geographical location

Economy and finance

Average monthly income (USD, gross)
$6821,80 (2022)
Inflation rate
8.74% (2023)
Unemployment rate
3.56% (2023)
Below the poverty line
8.8% (2017)
Gini coefficient
26.1 (2017)

Alcohol consumption per capita (liters per year)

Total quantity
7.72
Beer
4.39
Wine
2.11
Spirits
1.22
Other alcohol
0
Current as of
2019

Population and society

Population size
364036
Male population
182268
Female population
181768
Population growth rate
0.85% (2024)
Birth rate (per 1,000 people)
12.6 (2024)
Death rate (per 1,000 people)
6.6 (2024)
Urbanization
94% (2023)

Credit ratings

Fitch
A (2017)
Moody's
A2 (2019)
Standard & Poors
A (2017)

Age-sex pyramid

Phone operating systems

Android
43.95%
iOS
55.64%
Current as of
2025

Internet and telecommunications

Telephone code
+354
Internet domain
.is
Number of mobile phones (per 100 inhabitants)
123 (2022)
Internet user penetration
100% (2022)
Fixed internet penetration
37% (2023)

General information

Сontinent
Europe
Region
Scandinavia
Time zone
UTC+0
Tier
Tier-1
ISO code
IS
Capital
Reykjavik
Official language
Icelandic

Tobacco consumption

Total tobacco consumption
12%
Smoking men
11.9%
Smoking women
12%
Current as of
2020

Area (sq. km)

Total area
103000
Land area
100250
Water area
2750

Popular payment systems

  • Visa
  • PayPal
  • Mastercard

Popular social networks and messengers

  • Instagram
  • TikTok
  • Facebook

Age structure

0-14 years
19.8%
15-64 years
63.2%
65+ years
17.1%
Current as of
2024

Religion

Main religion
Christianity
Non-religious
7.7%
Not specified
18.7%
Current as of
2024

Last update: 2025-08-12