Quality of life comparison
If you lived in Iceland instead of Mongolia, you would:
Health
live 12.5 years longer
In Mongolia, the average life expectancy is 71 years (67 years for men, 75 years for women) as of 2020. In Iceland, that number is 83 years (81 years for men, 86 years for women) as of 2020.
Economy
make 3.8 times more money
Mongolia has a GDP per capita of $13,700 as of 2018, while in Iceland, the GDP per capita is $52,200 as of 2017.
be 65.0% less likely to be unemployed
In Mongolia, 8.0% of adults are unemployed as of 2017. In Iceland, that number is 2.8% 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.
Life
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 89.1% less likely to die during infancy
In Mongolia, approximately 19.2 children die before they reach the age of one as of 2020. In Iceland, on the other hand, 2.1 children do as of 2020.
have 19.9% fewer children
In Mongolia, there are approximately 16.6 babies per 1,000 people as of 2020. In Iceland, there are 13.3 babies per 1,000 people as of 2020.
Basic Needs
be 22.2% more likely to have access to electricity
In Mongolia, approximately 82% of the population has electricity access as of 2016. In Iceland, 100% of the population do as of 2016.
be 4.2 times more likely to have internet access
In Mongolia, approximately 23.7% of the population has internet access as of 2018. In Iceland, about 99.0% do as of 2018.
be 17.1% more likely to have access to improved drinking water
In Mongolia, approximately 85% of people have improved drinking water access (98% in urban areas, and 59% in rural areas) as of 2017. In Iceland, that number is 100% of people on average (100% in urban areas, and 100% in rural areas) as of 2017.
Expenditures
spend 82.9% more on education
Mongolia spends 4.1% of its total GDP on education as of 2017. Iceland spends 7.5% of total GDP on education as of 2016.
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.