Quality of Life Comparison

COMPARED TO

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

Health

live 8.4 years longer


In Latvia, the average life expectancy is 75 years (70 years for men, 80 years for women). In Iceland, that number is 83 years (81 years for men, 85 years for women).

Economy

make 87.7% more money


Latvia has a GDP per capita of $27,600, while in Iceland, the GDP per capita is $51,800.

be 68.9% less likely to be unemployed


In Latvia, 9.0% of adults are unemployed. In Iceland, that number is 2.8%.

spend 2.0 times more on taxes


Latvia has a top tax rate of 23.0%. In Iceland, the top tax rate is 46.3%.

Life

be 83.3% less likely to die during childbirth


In Latvia, approximately 18.0 women per 100,000 births die during labor. In Iceland, 3.0 women do.

be 59.6% less likely to die during infancy


In Latvia, approximately 5.2 children die before they reach the age of one. In Iceland, on the other hand, 2.1 children do.

have 41.2% more children


In Latvia, there are approximately 9.7 babies per 1,000 people. In Iceland, there are 13.7 babies per 1,000 people.

Basic Needs

be 22.9% more likely to have internet access


In Latvia, approximately 79.9% of the population has internet access. In Iceland, about 98.2% do.

Expenditures

spend 47.2% more on education


Latvia spends 5.3% of its total GDP on education. Iceland spends 7.8% of total GDP on education.

spend 50.8% more on healthcare


Latvia spends 5.9% of its total GDP on healthcare. In Iceland, that number is 8.9% of GDP.

Geography

see 10.0 times more coastline


Latvia has a total of 498 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 Latvia? See an in-depth size comparison.


The statistics on this page were calculated using the following data sources: State Revenue Service, Latvia, The World Factbook, Directorate of Internal Revenue.

question_answer HAVE A QUESTION? ASK THE COMMUNITY

Join the Elsewhere community and ask a question about Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.

Share this