Iceland vs India
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Iceland | India | Year |
|---|---|---|---|
| GDP (nominal) | $33.26B | $3.91T | 2024 |
| GDP per capita | $86,041 | $2,695 | 2024 |
| Population | 386.5K | 1.45B | 2024 |
| GDP growth rate | -0.97% | 6.49% | 2024 |
| Inflation rate | 5.86% | 4.95% | 2024 |
| Unemployment rate | 3.63% | 4.22% | 2025 |
| Life expectancy | 82.6 years | 72.0 years | 2023 |
| Surface area (sq. km) | 103,000 km2 | 3,287,260 km2 | 2023 |
Iceland vs India: Analysis
India has a larger economy than Iceland, with a nominal GDP roughly 117.6 times greater based on 2024 data. Iceland recorded a GDP of $33.26B, while India stood at $3.91T.
In terms of GDP per capita, Iceland leads over India. Iceland has a per capita output of $86,041, compared to $2,695 for India.
India has a larger population than Iceland. Iceland is home to approximately 386.5K people, while India has about 1.45B.
By surface area, India is the larger country. Iceland covers 103,000 km2, and India spans 3,287,260 km2.
Life expectancy is higher in Iceland: 82.6 years in Iceland versus 72.0 years in India. Iceland has the lower unemployment rate (Iceland: 3.63%, India: 4.22%). Inflation stands at 5.86% in Iceland and 4.95% in India.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Iceland or India?
India has the larger GDP. Iceland has a GDP of $33.26B (2024), while India has $3.91T (2024). Source: World Bank.
What is the population difference between Iceland and India?
The population difference is approximately 1.45B. Iceland has 386.5K people (2024), and India has 1.45B (2024). Source: World Bank.
Is Iceland richer than India?
By GDP per capita, Iceland is wealthier. Iceland has a GDP per capita of $86,041 (2024), compared to $2,695 for India (2024). Source: World Bank.
Which country has higher life expectancy, Iceland or India?
Iceland has higher life expectancy. Iceland: 82.6 years (2023), India: 72.0 years (2023). Source: World Bank.
Which country is bigger, Iceland or India?
India is larger by area. Iceland covers 103,000 km2, while India covers 3,287,260 km2. Source: World Bank.