The population of Iceland grew steadily within the last 10 years. Even so, the inhabitants with an Icelandic citizenship grew slower than the inhabitants with a foreign citizenship in recent years. In conclusion, the population growth was to a big extent due to immigration. To be specific, several of the immigrants who moved to Iceland in 2022 came from Poland and Denmark.

The total population in Iceland was estimated at 0.4 million people in 2025, according to the latest census figures and projections from Trading Economics. This dataset provides - Iceland Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average age of the population in Iceland increased gradually between 2010 and 2024. The average age of the Icelandic population was 38.8 years as of 2024. The largest Icelandic age group, however, was people between 20 and 39 years of age.

Actual value and historical data chart for Iceland Population Growth Annual Percent

The total population of Iceland was 384,000 people in 2024. Between 1980 and 2024, the total population rose by 157,000 people, though the increase followed an uneven trajectory rather than a consistent upward trend. The total population will steadily rise by 49,000 people over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the total population in the country at hand. This total population of the country consists of all persons falling within the scope of the census.

Iceland IS: Population: Male: Ages 20-24: % of Male Population data was reported at 7.467 % in 2017. This records a decrease from the previous number of 7.727 % for 2016. Iceland IS: Population: Male: Ages 20-24: % of Male Population data is updated yearly, averaging 7.878 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.638 % in 1981 and a record low of 6.538 % in 1960. Iceland IS: Population: Male: Ages 20-24: % of Male Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Population and Urbanization Statistics. Male population between the ages 20 to 24 as a percentage of the total male population.; ; World Bank staff estimates based on age/sex distributions of United Nations Population Division's World Population Prospects: 2017 Revision.; ;

Key information about Iceland population

• The Iceland population reached 0.4 million people in Dec 2024, compared with the previously reported figure of 0.4 million people in Dec 2023
• The data reached an all-time high of 0.4 million people in Dec 2024 and a record low of 0.0 million people in Dec 1786

• In the latest reports, Iceland Unemployment Rate increased to 3.3 % in Dec 2024
• Monthly earnings of the Iceland population was 7,306.7 USD in Dec 2024
• Iceland Labour Force Participation Rate increased to 79.8 % in Dec 2024

Iceland: Female population, percent of total: The latest value from 2024 is 48.8 percent, unchanged from 48.8 percent in 2023. In comparison, the world average is 49.99 percent, based on data from 196 countries. Historically, the average for Iceland from 1960 to 2024 is 49.55 percent. The minimum value, 48.71 percent, was reached in 2020 while the maximum of 49.98 percent was recorded in 2003.

Actual value and historical data chart for Iceland Population Total

Time series data for the statistic Population ages 65 and above (% of total population) and country Iceland. Indicator Definition:Population ages 65 and above as a percentage of the total population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.The indicator "Population ages 65 and above (% of total population)" stands at 15.64 as of 12/31/2024, the highest value at least since 12/31/1961, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.93 percent compared to the value the year prior.The 1 year change in percent is 1.93.The 3 year change in percent is 5.22.The 5 year change in percent is 9.41.The 10 year change in percent is 17.08.The Serie's long term average value is 11.00. It's latest available value, on 12/31/2024, is 42.27 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2024, is +94.19%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.

Time series data for the statistic Population ages 15-19, male (% of male population) and country Iceland. Indicator Definition:Male population between the ages 15 to 19 as a percentage of the total male population.The indicator "Population ages 15-19, male (% of male population)" stands at 6.36 as of 12/31/2024, the highest value since 12/31/2018. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.59 percent compared to the value the year prior.The 1 year change in percent is 1.59.The 3 year change in percent is 5.34.The 5 year change in percent is 5.34.The 10 year change in percent is -8.43.The Serie's long term average value is 8.33. It's latest available value, on 12/31/2024, is 23.61 percent lower, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is +5.51%.The Serie's change in percent from it's maximum value, on 12/31/1975, to it's latest available value, on 12/31/2024, is -39.24%.

Time series data for the statistic Population ages 0-14, total and country Iceland. Indicator Definition:Total population between the ages 0 to 14. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.The indicator "Population ages 0-14, total" stands at 71.87 Thousand as of 12/31/2024, the highest value at least since 12/31/1961, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.20 percent compared to the value the year prior.The 1 year change in percent is 1.20.The 3 year change in percent is 3.60.The 5 year change in percent is 5.62.The 10 year change in percent is 7.38.The Serie's long term average value is 65.60 Thousand. It's latest available value, on 12/31/2024, is 9.56 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2024, is +17.34%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.

Time series data for the statistic Population ages 45-49, male and country Iceland. Indicator Definition:Male population between the ages 45 to 49.The indicator "Population ages 45-49, male" stands at 13.03 Thousand as of 12/31/2024, the highest value at least since 12/31/1961, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 2.99 percent compared to the value the year prior.The 1 year change in percent is 2.99.The 3 year change in percent is 5.50.The 5 year change in percent is 9.94.The 10 year change in percent is 24.40.The Serie's long term average value is 7.95 Thousand. It's latest available value, on 12/31/2024, is 63.79 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2024, is +196.68%.The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.

Actual value and historical data chart for Iceland Population Ages 15 64 Total

In the Nordic countries, Sweden has the largest population with over ten million inhabitants in 2023. Denmark, Finland, and Norway all have between 5.5 and six million inhabitants, whereas Iceland clearly has the lowest number with only 390,000 people. The population increased in all five Nordic countries over the past 20 years. Aging population In all five Nordic countries, the average age of the population is increasing. In all countries except Iceland, people aged 70 years or more make up the largest age groups. Hence, one of the issues facing the Nordic countries in the coming decades is that of a shrinking working stock, while there will be more elderly people in need of daily care. Births, deaths, and migration The two reasons behind the constantly increasing population in the Nordic countries are that more people are born than people dying, and a positive net migration. Except for Finland, the death rate decreased in all Nordic countries over the past 20 years. However, the fertility rate has also fallen in all five countries in the recent years, meaning that an increasing immigration play an important role in sustaining the population growth.

Graph and download economic data for Population, Total for Iceland (POPTOTISA647NWDB) from 1960 to 2024 about Iceland and population.

Iceland IS: Population: Female: Ages 20-24: % of Female Population data was reported at 7.099 % in 2017. This records a decrease from the previous number of 7.320 % for 2016. Iceland IS: Population: Female: Ages 20-24: % of Female Population data is updated yearly, averaging 7.650 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.278 % in 1982 and a record low of 6.414 % in 1960. Iceland IS: Population: Female: Ages 20-24: % of Female Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Population and Urbanization Statistics. Female population between the ages 20 to 24 as a percentage of the total female population.; ; World Bank staff estimates based on age/sex distributions of United Nations Population Division's World Population Prospects: 2017 Revision.; ;

Time series data for the statistic Population ages 55-59, male (% of male population) and country Iceland. Indicator Definition:Male population between the ages 55 to 59 as a percentage of the total male population.The indicator "Population ages 55-59, male (% of male population)" stands at 5.51 as of 12/31/2024, the lowest value since 12/31/2006. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -1.44 percent compared to the value the year prior.The 1 year change in percent is -1.44.The 3 year change in percent is -4.84.The 5 year change in percent is -7.51.The 10 year change in percent is -11.22.The Serie's long term average value is 4.67. It's latest available value, on 12/31/2024, is 17.86 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1995, to it's latest available value, on 12/31/2024, is +48.17%.The Serie's change in percent from it's maximum value, on 12/31/2015, to it's latest available value, on 12/31/2024, is -12.47%.

Iceland: Rural population, percent of total population: The latest value from 2024 is 5.91 percent, a decline from 5.96 percent in 2023. In comparison, the world average is 38.30 percent, based on data from 196 countries. Historically, the average for Iceland from 1960 to 2024 is 10.23 percent. The minimum value, 5.91 percent, was reached in 2024 while the maximum of 19.7 percent was recorded in 1960.

Actual value and historical data chart for Iceland Population Female