Europe Iceland

Eurostat data: Iceland in comparison
IndicatorUnitYearIcelandGermanyEU-27
Capital- 2025ReykjavíkBerlin-
Currency- 2025Icelandic krónaEuro-
Land areakm22024100,450353,2604,101,431
Economy and finance
Gross domestic product (GDP) at market pricesbn euros2023294,18617,194
Gross domestic product (GDP) at market pricesper inhabitant PPS202351,35044,24638,132
GDP growth rate%20235.0-0.30.4
Inflation rate%20244.52.52.6
General government deficit/surplus% of GDP2023- -2.6-3.5
General government gross debt% of GDP2023- 62.980.8
Demography
Population1,000202439983,445449,207
Population projections1,000210062383,202416,074
Total fertility ratechildren per woman20221.591.461.46
Life expectancy at birth (female)years202384.4- 84.2
Life expectancy at birth (male)years202380.9- 78.9
Labour market
Employment rate (age 20 to 64)%202385.381.175.3
Employment rate (age 55 to 64)%202381.274.663.9
Unemployment rate (age 20 to 64)% of active population20233.03.05.8
Unemployment rate (age 15 to 24)% of active population20238.85.914.5
Education
Pupils per teacher (secondary level)number2022- 12.011.2
Early leavers from education (aged 18-24)%202315.812.89.5
Tertiary educational attainment, aged 30-34 (female)%202367.742.349.4
Tertiary educational attainment, aged 30-34 (male)%202335.739.838.5
Public expenditure for education% of GDP20217.05.04.9
Public expenditure for R&D% of GDP20232.53.12.2
Health
Hospital bedsper 100,000 inhabitants2022- 766.3516.3
Deaths due to cancerper 100,000 inhabitants2021217.0235.7235.3
Healthy life years, age 65 (female)expected years2022- 8.69.2
Healthy life years, age 65 (male)expected years2022- 8.28.9
Social issues, living conditions
People at risk of poverty or social exclusionpersons in mn2023- 17.994.6
At-risk-of-poverty rate% of population2023- 14.416.2
Overburding by housing cost% of population2023- 13.08.8
Inability to face unexpected financial expenses% of households2023- 35.031.2
Industry, trade and service
Industry% of GDP202315.724.020.1
Manufacturing: production index% change on previous year2024- -4.8-
Retail trade: turnover (deflated)% change on previous year2024- 0.91.3
Building permits% change on previous year2023- -31.1-19.5
Agriculture, forestry and fisheries
Agriculture, forestry and fisheries% of GDP20234.30.91.8
Area under organic farming% of UAA2022- 9.8-
Roundwood production1,000 2023- 73,105477,581
Fishingtonnes20231,370,515147,222-
Foreign trade
Exportsmn euros2023- 1,574,602.12,557,028.4
Importsmn euros2023- 1,356,607.12,522,568.3
Foreign trade balancemn euros2023- 217,995.134,460.1
Transport
Air transport passengersmn20238.1185.3973.0
Passenger transport% passenger cars202288.684.783.4
Passenger transport% trains2022- 9.38.0
Freight transport% railways2022- 19.817.1
Environment and energy
Greenhouse gas emissionstonnes of CO2 equivalent per capita202214.19.37.8
Greenhouse gas emissionsIndex (1990=100)2022139.761.670.8
Energy dependency rate% in gross domestic consumption2023- 66.458.3
Renewable energy% share in gross final energy consumption2023- 21.524.6
Science and technology
Gross domestic expenditure on R&D% of GDP20232.53.12.2
Share of women researchers% of total researchers202246.8- -
Internet use% of persons (aged 16 to 74)2024- 93.592.8
Broadband access% of households202399.196.193.3

. = Numerical value unknown of confidential.
- = No figures or magnitude zero.

Source: Eurostat

As at 13 February 2025

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Country Profile Iceland from international data sources

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