Quality of life comparison

compared to

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

Economy

make 99.1% more money

Iceland has a GDP per capita of $66,500 as of 2023, while in Luxembourg, the GDP per capita is $132,400 as of 2023.

be 45.8% more likely to be unemployed

In Iceland, 3.6% of adults are unemployed as of 2023. In Luxembourg, that number is 5.2% as of 2023.

be 97.7% more likely to live below the poverty line

In Iceland, 8.8% live below the poverty line as of 2017. In Luxembourg, however, that number is 17.4% as of 2021.

Life

be 100.0% more likely to die during childbirth

In Iceland, approximately 3.0 women per 100,000 births die during labor as of 2020. In Luxembourg, 6.0 women do as of 2020.

be 97.0% 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 Luxembourg, on the other hand, 3.2 children do as of 2022.

Expenditures

spend 35.1% less on education

Iceland spends 7.7% of its total GDP on education as of 2020. Luxembourg spends 5.0% of total GDP on education as of 2020.

spend 39.6% less on healthcare

Iceland spends 9.6% of its total GDP on healthcare as of 2020. In Luxembourg, that number is 5.8% of GDP as of 2020.

The statistics above were calculated using the following data sources: The World Factbook.

Luxembourg: At a glance

Luxembourg is a sovereign country in Europe, with a total land area of approximately 2,586 sq km. Founded in 963, Luxembourg became a grand duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839 but gained a larger measure of autonomy. Full independence was attained in 1867. Overrun by Germany in both world wars, it ended its neutrality in 1948 when it entered into the Benelux Customs Union and when it joined NATO the following year. In 1957, Luxembourg became one of the six founding countries of the European Economic Community (later the European Union), and in 1999 it joined the euro currency area. In January 2013, Luxembourg assumed a nonpermanent seat on the UN Security Council for the 2013-14 term.
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How big is Luxembourg compared to Iceland? See an in-depth size comparison.

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