Iceland vs United States
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Iceland | United States | Year |
|---|---|---|---|
| GDP (nominal) | $33.26B | $28.75T | 2024 |
| GDP per capita | $86,041 | $84,534 | 2024 |
| Population | 386.5K | 340.1M | 2024 |
| GDP growth rate | -0.97% | 2.79% | 2024 |
| Inflation rate | 5.86% | 2.95% | 2024 |
| Unemployment rate | 3.63% | 4.20% | 2025 |
| Life expectancy | 82.6 years | 78.4 years | 2023 |
| Surface area (sq. km) | 103,000 km2 | 9,831,510 km2 | 2023 |
Iceland vs United States: Analysis
United States has a larger economy than Iceland, with a nominal GDP roughly 864.6 times greater based on 2024 data. Iceland recorded a GDP of $33.26B, while United States stood at $28.75T.
In terms of GDP per capita, Iceland leads over United States. Iceland has a per capita output of $86,041, compared to $84,534 for United States.
United States has a larger population than Iceland. Iceland is home to approximately 386.5K people, while United States has about 340.1M.
By surface area, United States is the larger country. Iceland covers 103,000 km2, and United States spans 9,831,510 km2.
Life expectancy is higher in Iceland: 82.6 years in Iceland versus 78.4 years in United States. Iceland has the lower unemployment rate (Iceland: 3.63%, United States: 4.20%). Inflation stands at 5.86% in Iceland and 2.95% in United States.
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 United States?
United States has the larger GDP. Iceland has a GDP of $33.26B (2024), while United States has $28.75T (2024). Source: World Bank.
What is the population difference between Iceland and United States?
The population difference is approximately 339.7M. Iceland has 386.5K people (2024), and United States has 340.1M (2024). Source: World Bank.
Is Iceland richer than United States?
By GDP per capita, Iceland is wealthier. Iceland has a GDP per capita of $86,041 (2024), compared to $84,534 for United States (2024). Source: World Bank.
Which country has higher life expectancy, Iceland or United States?
Iceland has higher life expectancy. Iceland: 82.6 years (2023), United States: 78.4 years (2023). Source: World Bank.
Which country is bigger, Iceland or United States?
United States is larger by area. Iceland covers 103,000 km2, while United States covers 9,831,510 km2. Source: World Bank.