Quality of life comparison

compared to

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

Health

live 7.7 years less

In Iceland, the average life expectancy is 84 years (81 years for men, 86 years for women) as of 2022. In Latvia, that number is 76 years (71 years for men, 81 years for women) as of 2022.

Economy

pay a 50.3% lower top tax rate

Iceland has a top tax rate of 46.3% as of 2016. In Latvia, the top tax rate is 23.0% as of 2016.

make 40.6% less money

Iceland has a GDP per capita of $55,600 as of 2022, while in Latvia, the GDP per capita is $33,000 as of 2022.

be 79.7% more likely to be unemployed

In Iceland, 3.8% of adults are unemployed as of 2022. In Latvia, that number is 6.8% as of 2022.

be 2.6 times more likely to live below the poverty line

In Iceland, 8.8% live below the poverty line as of 2017. In Latvia, however, that number is 22.5% as of 2021.

Life

be 6.0 times more likely to die during childbirth

In Iceland, approximately 3.0 women per 100,000 births die during labor as of 2020. In Latvia, 18.0 women do as of 2020.

be 2.9 times 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 Latvia, on the other hand, 4.8 children do as of 2022.

have 34.1% fewer children

In Iceland, there are approximately 12.6 babies per 1,000 people as of 2024. In Latvia, there are 8.3 babies per 1,000 people as of 2024.

Basic Needs

be 10.2% less likely to have internet access

In Iceland, approximately 100.0% of the population has internet access as of 2021. In Latvia, about 89.8% do as of 2022.

Expenditures

spend 22.1% less on education

Iceland spends 7.7% of its total GDP on education as of 2020. Latvia spends 6.0% of total GDP on education as of 2020.

spend 21.9% less on healthcare

Iceland spends 9.6% of its total GDP on healthcare as of 2020. In Latvia, that number is 7.5% of GDP as of 2020.

Geography

see 90.0% less coastline

Iceland has a total of 4,970 km of coastline. In Latvia, that number is 498 km.

The statistics above were calculated using the following data sources: State Revenue Service, Latvia, The World Factbook, Directorate of Internal Revenue.

Latvia: At a glance

Latvia is a sovereign country in Europe, with a total land area of approximately 62,249 sq km. The name "Latvia" originates from the ancient Latgalians, one of four eastern Baltic tribes that formed the ethnic core of the Latvian people (ca. 8th-12th centuries A.D.). The region subsequently came under the control of Germans, Poles, Swedes, and finally, Russians. A Latvian republic emerged following World War I, but it was annexed by the USSR in 1940 - an action never recognized by the US and many other countries. Latvia reestablished its independence in 1991 following the breakup of the Soviet Union. Although the last Russian troops left in 1994, the status of the Russian minority (some 28% of the population) remains of concern to Moscow. Latvia acceded to both NATO and the EU in the spring of 2004; it joined the eurozone in 2014.
Read more

How big is Latvia compared to Iceland? See an in-depth size comparison.

Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Latvia.or Iceland It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.