Quality of life comparison
If you lived in Iceland instead of Austria, you would:
Health
live 1.4 years longer
In Austria, the average life expectancy is 82 years (80 years for men, 85 years for women) as of 2022. In Iceland, that number is 84 years (81 years for men, 86 years for women) as of 2022.
Economy
be 24.0% less likely to be unemployed
In Austria, 5.0% of adults are unemployed as of 2022. In Iceland, that number is 3.8% as of 2022.
be 40.5% less likely to live below the poverty line
In Austria, 14.8% live below the poverty line as of 2021. In Iceland, however, that number is 8.8% as of 2017.
pay a 15.8% lower top tax rate
Austria has a top tax rate of 55.0% as of 2016. In Iceland, the top tax rate is 46.3% as of 2016.
Life
be 40.0% less likely to die during childbirth
In Austria, approximately 5.0 women per 100,000 births die during labor as of 2020. In Iceland, 3.0 women do as of 2020.
be 49.1% less likely to die during infancy
In Austria, approximately 3.2 children (per 1,000 live births) die before they reach the age of one as of 2022. In Iceland, on the other hand, 1.6 children do as of 2022.
have 35.5% more children
In Austria, there are approximately 9.3 babies per 1,000 people as of 2024. In Iceland, there are 12.6 babies per 1,000 people as of 2024.
Expenditures
spend 16.5% less on healthcare
Austria spends 11.5% of its total GDP on healthcare as of 2020. In Iceland, that number is 9.6% of GDP as of 2020.
spend 51.0% more on education
Austria spends 5.1% of its total GDP on education as of 2020. Iceland spends 7.7% of total GDP on education as of 2020.
The statistics above were calculated using the following data sources: The World Factbook, Directorate of Internal Revenue, Federal Ministry of Finance.
Iceland: At a glance
How big is Iceland compared to Austria? See an in-depth size comparison.