Quality of Life Comparison

COMPARED TO

If you lived in Iceland instead of Finland, you would:

Health

live 2.1 years longer


In Finland, the average life expectancy is 81 years (78 years for men, 84 years for women). In Iceland, that number is 83 years (81 years for men, 85 years for women).

Economy

make 16.9% more money


Finland has a GDP per capita of $44,300, while in Iceland, the GDP per capita is $51,800.

be 67.4% less likely to be unemployed


In Finland, 8.6% of adults are unemployed. In Iceland, that number is 2.8%.

spend 10.3% less on taxes


Finland has a top tax rate of 51.6%. In Iceland, the top tax rate is 46.3%.

Life

be 16.0% less likely to die during infancy


In Finland, approximately 2.5 children die before they reach the age of one. In Iceland, on the other hand, 2.1 children do.

have 28.0% more children


In Finland, there are approximately 10.7 babies per 1,000 people. In Iceland, there are 13.7 babies per 1,000 people.

Basic Needs

be 12.0% more likely to have internet access


In Finland, approximately 87.7% of the population has internet access. In Iceland, about 98.2% do.

Geography

see 4.0 times more coastline


Finland has a total of 1,250 km of coastline. In Iceland, that number is 4,970 km.

Iceland: At a glance

Iceland is a sovereign country in Europe, with a total land area of approximately 100,250 sq km. Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althing, established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. Over the next quarter century, 20% of the island's population emigrated, mostly to Canada and the US. Denmark granted limited home rule in 1874 and complete independence in 1944. The second half of the 20th century saw substantial economic growth driven primarily by the fishing industry. The economy diversified greatly after the country joined the European Economic Area in 1994, but Iceland was especially hard hit by the global financial crisis in the years following 2008. Literacy, longevity, and social cohesion are first rate by world standards.

How big is Iceland compared to Finland? See an in-depth size comparison.


The statistics on this page were calculated using the following data sources: Finnish Tax Administration, The World Factbook, Directorate of Internal Revenue.

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