Quality of life comparison
If you lived in Iceland instead of Mongolia, you would:
live 12.3 years longer
In Mongolia, the average life expectancy is 71 years (67 years for men, 76 years for women) as of 2022. In Iceland, that number is 84 years (81 years for men, 86 years for women) as of 2022.
make 4.5 times more money
Mongolia has a GDP per capita of $11,500 as of 2020, while in Iceland, the GDP per capita is $52,300 as of 2020.
be 54.8% less likely to be unemployed
In Mongolia, 8.0% of adults are unemployed as of 2017. In Iceland, that number is 3.6% as of 2019.
be 69.0% less likely to live below the poverty line
In Mongolia, 28.4% live below the poverty line as of 2018. In Iceland, however, that number is 8.8% as of 2017.
pay a 4.6 times higher top tax rate
Mongolia has a top tax rate of 10.0% as of 2016. In Iceland, the top tax rate is 46.3% as of 2016.
be 91.1% less likely to die during childbirth
In Mongolia, approximately 45.0 women per 100,000 births die during labor as of 2017. In Iceland, 4.0 women do as of 2017.
be 91.8% less likely to die during infancy
In Mongolia, approximately 20.2 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 18.2% fewer children
In Mongolia, there are approximately 15.8 babies per 1,000 people as of 2022. In Iceland, there are 13.0 babies per 1,000 people as of 2022.
be 57.1% more likely to have internet access
In Mongolia, approximately 63.0% of the population has internet access as of 2020. In Iceland, about 99.0% do as of 2020.
be 14.2% more likely to have access to improved drinking water
In Mongolia, approximately 88% of people have improved drinking water access (98% in urban areas, and 64% in rural areas) as of 2020. In Iceland, that number is 100% of people on average (100% in urban areas, and 100% in rural areas) as of 2020.
spend 55.1% more on education
Mongolia spends 4.9% of its total GDP on education as of 2019. Iceland spends 7.6% of total GDP on education as of 2018.
spend 2.3 times more on healthcare
Mongolia spends 3.8% 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, Directorate of Internal Revenue, General Department of National Taxation.
Iceland: At a glance
How big is Iceland compared to Mongolia? See an in-depth size comparison.