Quality of Life Comparison

COMPARED TO

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

Economy

make 2.9 times more money


Montenegro has a GDP per capita of $17,700, while in Iceland, the GDP per capita is $51,800.

be 82.6% less likely to be unemployed


In Montenegro, 16.1% of adults are unemployed. In Iceland, that number is 2.8%.

spend 5.1 times more on taxes


Montenegro has a top tax rate of 9.0%. In Iceland, the top tax rate is 46.3%.

Life

be 57.1% less likely to die during childbirth


In Montenegro, approximately 7.0 women per 1,000 births die during labor. In Iceland, 3.0 women do.

have 37.0% more children


In Montenegro, there are approximately 10.0 babies per 1,000 people. In Iceland, there are 13.7 babies per 1,000 people.

Basic Needs

be 40.5% more likely to have internet access


In Montenegro, approximately 69.9% of the population has internet access. In Iceland, about 98.2% do.

Expenditures

spend 39.1% more on healthcare


Montenegro spends 6.4% of its total GDP on healthcare. In Iceland, that number is 8.9% of GDP.

Geography

see 16.9 times more coastline


Montenegro has a total of 294 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 Montenegro? See an in-depth size comparison.


The statistics on this page were calculated using the following data sources: The World Factbook, Directorate of Internal Revenue, Department of Public Revenues, Montenegro.

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