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

Health

live 5.9 years longer

In Iceland, the average life expectancy is 84 years (81 years for men, 86 years for women) as of 2022. In Monaco, that number is 90 years (86 years for men, 93 years for women) as of 2022.

Economy

make 2.1 times more money

Iceland has a GDP per capita of $55,600 as of 2022, while in Monaco, the GDP per capita is $115,700 as of 2015.

be 47.2% less likely to be unemployed

In Iceland, 3.8% of adults are unemployed as of 2022. In Monaco, that number is 2.0% as of 2012.

Life

have 48.4% fewer children

In Iceland, there are approximately 12.6 babies per 1,000 people as of 2024. In Monaco, there are 6.5 babies per 1,000 people as of 2024.

Basic Needs

be 14.0% less likely to have internet access

In Iceland, approximately 100.0% of the population has internet access as of 2021. In Monaco, about 86.0% do as of 2021.

Expenditures

spend 84.4% less on education

Iceland spends 7.7% of its total GDP on education as of 2020. Monaco spends 1.2% of total GDP on education as of 2019.

spend 82.3% less on healthcare

Iceland spends 9.6% of its total GDP on healthcare as of 2020. In Monaco, that number is 1.7% of GDP as of 2020.

Geography

see 99.9% less coastline

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


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

Monaco: At a glance

Monaco is a sovereign country in Europe, with a total land area of approximately 2 sq km. The Genoese built a fortress on the site of present day Monaco in 1215. The current ruling GRIMALDI family first seized temporary control in 1297, and again in 1331, but were not able to permanently secure their holding until 1419. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.
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How big is Monaco compared to Iceland? See an in-depth size comparison.

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