Quality of life comparison

compared to

If you lived in Hong Kong instead of Iceland, you would:

Economy

pay a 67.6% lower top tax rate

Iceland has a top tax rate of 46.3% as of 2016. In Hong Kong, the top tax rate is 15.0% as of 2016.

be 10.4% more likely to be unemployed

In Iceland, 3.6% of adults are unemployed as of 2023. In Hong Kong, that number is 3.9% as of 2023.

be 2.3 times more likely to live below the poverty line

In Iceland, 8.8% live below the poverty line as of 2017. In Hong Kong, however, that number is 19.9% as of 2016.

Life

be 54.5% more likely to die during infancy

In Iceland, approximately 1.6 children (per 1,000 live births) die before they reach the age of one as of 2022. In Hong Kong, on the other hand, 2.5 children do as of 2022.

have 39.7% fewer children

In Iceland, there are approximately 12.6 babies per 1,000 people as of 2024. In Hong Kong, there are 7.6 babies per 1,000 people as of 2024.

Expenditures

spend 48.1% less on education

Iceland spends 7.7% of its total GDP on education as of 2020. Hong Kong spends 4.0% of total GDP on education as of 2021.

Geography

see 85.3% less coastline

Iceland has a total of 4,970 km of coastline. In Hong Kong, that number is 733 km.

The statistics above were calculated using the following data sources: The World Factbook, Directorate of Internal Revenue, Inland Revenue Department, Hong Kong.

Hong Kong: At a glance

Hong Kong (sometimes abbreviated HK) is a sovereign country in East/Southeast Asia, with a total land area of approximately 1,073 sq km. Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of the People's Republic of China on 1 July 1997. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be imposed on Hong Kong and that Hong Kong would enjoy a "high degree of autonomy" in all matters except foreign and defense affairs for the subsequent 50 years.
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How big is Hong Kong compared to Iceland? See an in-depth size comparison.

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