Quality of life comparison
If you lived in Iceland instead of Armenia, you would:
Health
live 7.5 years longer
In Armenia, the average life expectancy is 76 years (73 years for men, 80 years for women) as of 2022. In Iceland, that number is 84 years (81 years for men, 86 years for women) as of 2022.
Economy
make 3.5 times more money
Armenia has a GDP per capita of $16,100 as of 2022, while in Iceland, the GDP per capita is $55,600 as of 2022.
be 55.9% less likely to be unemployed
In Armenia, 8.6% of adults are unemployed as of 2022. In Iceland, that number is 3.8% as of 2022.
be 66.8% less likely to live below the poverty line
In Armenia, 26.5% live below the poverty line as of 2021. In Iceland, however, that number is 8.8% as of 2017.
pay a 28.6% higher top tax rate
Armenia has a top tax rate of 36.0% as of 2016. In Iceland, the top tax rate is 46.3% as of 2016.
Life
be 88.9% less likely to die during childbirth
In Armenia, approximately 27.0 women per 100,000 births die during labor as of 2020. In Iceland, 3.0 women do as of 2020.
be 86.5% less likely to die during infancy
In Armenia, approximately 12.2 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 20.0% more children
In Armenia, there are approximately 10.5 babies per 1,000 people as of 2024. In Iceland, there are 12.6 babies per 1,000 people as of 2024.
Basic Needs
be 29.9% more likely to have internet access
In Armenia, approximately 77.0% of the population has internet access as of 2022. In Iceland, about 100.0% do as of 2021.
Expenditures
spend 21.3% less on healthcare
Armenia spends 12.2% of its total GDP on healthcare as of 2020. In Iceland, that number is 9.6% of GDP as of 2020.
spend 2.8 times more on education
Armenia spends 2.8% of its total GDP on education as of 2021. Iceland spends 7.7% of total GDP on education as of 2020.
The statistics above were calculated using the following data sources: The World Factbook, Directorate of Internal Revenue, Tax Service of Republic of Armenia.
Iceland: At a glance
How big is Iceland compared to Armenia? See an in-depth size comparison.