Quality of life comparison
If you lived in Iceland instead of Luxembourg, you would:
Economy
be 32.5% less likely to be unemployed
In Luxembourg, 5.4% of adults are unemployed as of 2019. In Iceland, that number is 3.6% as of 2019.
be 49.7% less likely to live below the poverty line
In Luxembourg, 17.5% live below the poverty line as of 2018. In Iceland, however, that number is 8.8% as of 2017.
make 52.6% less money
Luxembourg has a GDP per capita of $110,300 as of 2020, while in Iceland, the GDP per capita is $52,300 as of 2020.
Life
be 20.0% less likely to die during childbirth
In Luxembourg, approximately 5.0 women per 100,000 births die during labor as of 2017. In Iceland, 4.0 women do as of 2017.
be 49.2% less likely to die during infancy
In Luxembourg, 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 11.6% more children
In Luxembourg, there are approximately 11.6 babies per 1,000 people as of 2022. In Iceland, there are 13.0 babies per 1,000 people as of 2022.
Expenditures
spend 2.1 times more on education
Luxembourg spends 3.7% of its total GDP on education as of 2018. Iceland spends 7.6% of total GDP on education as of 2018.
spend 59.3% more on healthcare
Luxembourg spends 5.4% of its total GDP on healthcare as of 2019. In Iceland, that number is 8.6% of GDP as of 2019.
The statistics above were calculated using the following data sources: The World Factbook.
Iceland: At a glance
How big is Iceland compared to Luxembourg? See an in-depth size comparison.