Quality of Life Comparison

COMPARED TO

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

Health

live 1.2 years longer


In Liechtenstein, the average life expectancy is 82 years (80 years for men, 85 years for women). In Iceland, that number is 83 years (81 years for men, 85 years for women).

Economy

make 62.8% less money


Liechtenstein has a GDP per capita of $139,100, while in Iceland, the GDP per capita is $51,800.

be 16.7% more likely to be unemployed


In Liechtenstein, 2.4% of adults are unemployed. In Iceland, that number is 2.8%.

spend 92.9% more on taxes


Liechtenstein has a top tax rate of 24.0%. In Iceland, the top tax rate is 46.3%.

Life

be 50.0% less likely to die during infancy


In Liechtenstein, approximately 4.2 children die before they reach the age of one. In Iceland, on the other hand, 2.1 children do.

have 31.7% more children


In Liechtenstein, there are approximately 10.4 babies per 1,000 people. In Iceland, there are 13.7 babies per 1,000 people.

Expenditures

spend 3.0 times more on education


Liechtenstein spends 2.6% of its total GDP on education. Iceland spends 7.8% of total GDP on education.

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 Liechtenstein? See an in-depth size comparison.


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

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