1 Dependencies at a glance Iceland imports all of the oil it uses.
Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons). Resource Dependence Position Main partners Oil Imports all of the oil it uses EIA, use 2025 · UN Comtrade, imports 2025 Germany , France , Sweden Natural gas – Uses no gas, by this source EIA, 2024 No partner data from the source Wheat – Not reported by this source – Maize – Not reported by this source – Rice – Not reported by this source – Soybeans – Not reported by this source – Potash Imports all of its potash supply FAOSTAT, supply 2024 · UN Comtrade, imports 2025 Germany , Netherlands , United Kingdom Phosphate Imports all of its phosphate supply FAOSTAT, supply 2024 · UN Comtrade, imports 2025 United Kingdom , Iran , China Arms – Supplier concentration only No major arms imports recorded, 2021–2025SIPRI, 2021–2025 – Chips – Supplier concentration only Main supplier: China, 29% of importsUN Comtrade, 2025 China , Germany , Switzerland
Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).
Oil Imports all of the oil it uses
Main partners: Germany, France, Sweden
EIA, use 2025 · UN Comtrade, imports 2025
Natural gas Uses no gas, by this source
Main partners: No partner data from the source
EIA, 2024
Wheat Not reported by this source
Maize Not reported by this source
Rice Not reported by this source
Soybeans Not reported by this source
Potash Imports all of its potash supply
Main partners: Germany, Netherlands, United Kingdom
FAOSTAT, supply 2024 · UN Comtrade, imports 2025
Phosphate Imports all of its phosphate supply
Main partners: United Kingdom, Iran, China
FAOSTAT, supply 2024 · UN Comtrade, imports 2025
ArmsSupplier concentration only No major arms imports recorded, 2021–2025
SIPRI, 2021–2025
ChipsSupplier concentration only Main supplier: China, 29% of imports
Main partners: China, Germany, Switzerland
UN Comtrade, 2025
Iceland’s economy produced $39 bn in 2025.
GDP, 2000–2025 $0 $10 bn $20 bn $30 bn $40 bn 2000 2005 2010 2015 2020 2025 Source: World Bank Indicators · 2000–2025 · Updated 13 Nov 2026
Economic growth 1.3% 2025 · 152nd of 186 · World Bank
Inflation 4.1% 2025 · 47th of 169 · World Bank
Unemployment 3.6% 2025 · 120th of 181 · World Bank
Reserves US$6.40billion 2024 · 87th of 164 · World Bank
Trade 86% of GDP 2024 · 78th of 172 · World Bank
Foreign investment in −US$835million 2025 · 190th of 200 · World Bank
Iceland had 392,404 people in 2025.
Population, 1950–2100 0 200,000 400,000 600,000 1950 1970 1990 2000 2010 2030 2050 2070 2100 Projection Source: UN World Population Prospects · Updated 13 Nov 2026 ·
Iceland’s population by age Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0 million 40–44, men: 0 million 45–49, men: 0 million 50–54, men: 0 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0 million 35–39, women: 0 million 40–44, women: 0 million 45–49, women: 0 million 50–54, women: 0 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0 million 40–44, men: 0 million 45–49, men: 0 million 50–54, men: 0 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0 million 40–44, women: 0 million 45–49, women: 0 million 50–54, women: 0 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0 million 45–49, men: 0 million 50–54, men: 0 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0 million 45–49, women: 0 million 50–54, women: 0 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0 million 50–54, men: 0 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0 million 50–54, women: 0 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0.01 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0.01 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0.01 million 60–64, men: 0.01 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0.01 million 60–64, women: 0.01 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0 million 60–64, men: 0.01 million 65–69, men: 0 million 70–74, men: 0 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55–59, men: 0.01 million 60–64, men: 0 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0.01 million 60–64, women: 0 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, men: 0.01 million 25–29, men: 0.01 million 30–34, men: 0.01 million 35–39, men: 0.01 million 40–44, men: 0.01 million 45–49, men: 0.01 million 50–54, men: 0.01 million 55–59, men: 0.01 million 60–64, men: 0.01 million 65–69, men: 0 million 70–74, men: 0 million 75–79, men: 0 million 80–84, men: 0 million 85–89, men: 0 million 90–94, men: 0 million 95–99, men: 0 million 100+, men: 0 million 0–4, women: 0.01 million 5–9, women: 0.01 million 10–14, women: 0.01 million 15–19, women: 0.01 million 20–24, women: 0.01 million 25–29, women: 0.01 million 30–34, women: 0.01 million 35–39, women: 0.01 million 40–44, women: 0.01 million 45–49, women: 0.01 million 50–54, women: 0.01 million 55–59, women: 0.01 million 60–64, women: 0.01 million 65–69, women: 0 million 70–74, women: 0 million 75–79, women: 0 million 80–84, women: 0 million 85–89, women: 0 million 90–94, women: 0 million 95–99, women: 0 million 100+, women: 0 million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Men Women 0–4, men: 0.01 million 5–9, men: 0.01 million 10–14, men: 0.01 million 15–19, men: 0.01 million 20–24, 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million 0 10 20 30 40 50 60 70 80 90 100 0m 0 0m Millions of people in each five-year age group, men left and women right. Years after 2023 are UN projections (medium variant). Source: UN World Population Prospects · 1950–2100 · Updated 13 Nov 2026 ·
Births per woman 1.54 2023 · 161st of 237 · UN WPP 2024
Median age 35.8 2023 · 93rd of 237 · UN WPP 2024
Aged 65 and over 16% 2025, Projection, medium variant · UN WPP 2024
AI compute share 0.3% 2025 · 13th of 36 · Epoch AI
Iceland emitted 3.8 Mt of CO2 from fossil fuels and cement in 2024.
Iceland’s CO2 emissions, million tonnes, 1990–2024 0 Mt 1 Mt 2 Mt 3 Mt 4 Mt 1990 1995 2000 2005 2010 2015 2024 Source: Our World in Data CO2 · 1990–2024 · Updated 13 Nov 2026
CO2 emissions 4Mt 2024 · 144th of 214 · Global Carbon Budget
CO2 per person 9.7t 2024 · 27th of 213 · Global Carbon Budget
CO2 since 1750 172Mt 2024 · 135th of 214 · Global Carbon Budget
Shown only where a source covers Iceland.
Refugees 9,119 refugees and others in need of protection hosted, 2025
5 from it, abroad, 2025
Source: UNHCR Refugee Data Finder · 2025
Sanctions No entry on the US, EU or UK lists gives it as an address or nationality.
Counts entries (people, companies, ships and aircraft), not how strict the measures are.
Source: US CSL; EU sanctions list; UK Sanctions List · Updated 13 Nov 2026
Cyber incidents 4 publicly known incidents affecting Iceland, 2000–2024
Counts compare documented incidents, not how often a country is targeted. Who they were attributed to
Source: EuRepoC Global Dataset of Cyber Incidents 1.3.2 (4 Mar 2025), CC BY-NC 4.0 · 2000–2024
45 measures on this site have a recent figure for Iceland.
Measure Value Year Rank Source GDP $39 bn 2025 105th of 186 World Bank GDP per person $98,323 2025 5th of 186 World Bank Economic growth 1.3% 2025 152nd of 186 World Bank Inflation 4.1% 2025 47th of 169 World Bank Government debt 57% 2025 84th of 191 IMF World Economic Outlook, October 2026 Government budget balance −2.6% 2025 99th of 195 IMF World Economic Outlook, October 2026 Current account balance −4.0% 2025 132nd of 194 IMF World Economic Outlook, October 2026 Unemployment 3.6% 2025 120th of 181 World Bank Reserves, including gold $6.4 bn 2024 87th of 164 World Bank Trade 86% 2024 78th of 172 World Bank Foreign investment in −$835 m 2025 190th of 200 World Bank Remittances received 0.7% 2024 115th of 162 World Bank Population 392,404 2025 176th of 216 World Bank Population with UN projections 387,558 2023 179th of 237 UN WPP 2024 Births per woman 1.54 2023 161st of 237 UN WPP 2024 Median age 35.8 2023 93rd of 237 UN WPP 2024 Life expectancy 82.7 2023 25th of 237 UN WPP 2024 Refugees from the country 5 2025 200th of 206 UNHCR Refugees and others needing protection, by host 9,119 2025 114th of 176 UNHCR Refugees hosted per 1,000 people 23.2 2025 30th of 176 UNHCR Crude oil production 0 kb/d 2025 100th of 214 EIA Oil consumption 21 kb/d 2024 142nd of 212 EIA Natural gas production 2024 97th of 213 EIA Natural gas consumption 0.0 bcm 2024 126th of 213 EIA Electricity generated 19 TWh 2024 87th of 193 Ember Low-carbon electricity 100% 2024 7th of 193 Ember Electricity from coal 0% 2024 82nd of 193 Ember Electricity from wind and solar 0.1% 2024 174th of 193 Ember Wheat imports 0.0 Mt 2024 130th of 180 FAOSTAT Maize imports 0.0 Mt 2024 123rd of 196 FAOSTAT Rice imports 0.0 Mt 2024 178th of 197 FAOSTAT Soybean imports 0.0 Mt 2024 134th of 179 FAOSTAT Potash fertiliser use 0.00 Mt 2024 133rd of 199 FAOSTAT Phosphate fertiliser use 0.00 Mt 2024 125th of 199 FAOSTAT CO2 emissions 4 Mt 2024 144th of 214 Global Carbon Budget CO2 per person 9.7 t 2024 27th of 213 Global Carbon Budget CO2 emitted since 1750 172 Mt 2024 135th of 214 Global Carbon Budget Water stress 0.0 2023 154th of 164 WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0 ) Water from abroad 0% 2023 125th of 193 FAO AQUASTAT Military spending, share of GDP 0.0% 2025 148th of 150 World Bank Military spending $0 2025 148th of 150 World Bank Share of documented AI supercomputer power 0.3% 2025 13th of 36 Epoch AI People using the internet 98% 2024 10th of 182 World Bank ICT service exports $532 m 2024 74th of 162 World Bank ICT service exports, share of service exports 7.5% 2024 78th of 162 World Bank
Sources for this page World Bank Indicators GDP, GDP per person, Economic growth, Inflation, Unemployment, Reserves, … IMF World Economic Outlook, October 2026 Debt, Budget balance, Current account UN World Population Prospects Population (UN), Births per woman, Median age, Life expectancy UNHCR Refugee Data Finder Refugees from, Refugees hosted, Refugees per 1,000 U.S. Energy Information Administration Oil output, Oil use, Gas output, Gas use, Dependencies at a glance Ember electricity data Electricity, Low-carbon electricity, Electricity from coal, Electricity from wind and solar FAOSTAT Wheat imports, Maize imports, Rice imports, Soybean imports, Potash use, Phosphate use, … Our World in Data CO2 CO2 emissions, CO2 per person, CO2 since 1750 WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0 ) Water stress FAO AQUASTAT Water from abroad Epoch AI AI compute share UN Comtrade Dependencies at a glance US Consolidated Screening List Sanctions EU financial sanctions list Sanctions UK Sanctions List Sanctions EuRepoC cyber incidents Cyber incidents