Quality of life comparison
If you lived in Monaco instead of Iceland, you would:
Health
live 5.9 years longer
In Iceland, the average life expectancy is 84 years (81 years for men, 86 years for women) as of 2022. In Monaco, that number is 90 years (86 years for men, 93 years for women) as of 2022.
Economy
make 2.2 times more money
Iceland has a GDP per capita of $52,300 as of 2020, while in Monaco, the GDP per capita is $115,700 as of 2015.
be 44.8% less likely to be unemployed
In Iceland, 3.6% of adults are unemployed as of 2019. In Monaco, that number is 2.0% as of 2012.
Life
have 48.6% fewer children
In Iceland, there are approximately 13.0 babies per 1,000 people as of 2022. In Monaco, there are 6.7 babies per 1,000 people as of 2022.
Expenditures
spend 84.2% less on education
Iceland spends 7.6% of its total GDP on education as of 2018. Monaco spends 1.2% of total GDP on education as of 2019.
spend 82.6% less on healthcare
Iceland spends 8.6% of its total GDP on healthcare as of 2019. In Monaco, that number is 1.5% of GDP as of 2019.
Geography
see 99.9% less coastline
Iceland has a total of 4,970 km of coastline. In Monaco, that number is 4 km.
The statistics above were calculated using the following data sources: The World Factbook.
Monaco: At a glance
How big is Monaco compared to Iceland? See an in-depth size comparison.