Quality of life comparison
If you lived in Iceland instead of Latvia, you would:
Health
live 7.7 years longer
In Latvia, the average life expectancy is 76 years (71 years for men, 81 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 68.5% more money
Latvia has a GDP per capita of $33,000 as of 2022, while in Iceland, the GDP per capita is $55,600 as of 2022.
be 44.3% less likely to be unemployed
In Latvia, 6.8% of adults are unemployed as of 2022. In Iceland, that number is 3.8% as of 2022.
be 60.9% less likely to live below the poverty line
In Latvia, 22.5% live below the poverty line as of 2021. In Iceland, however, that number is 8.8% as of 2017.
pay a 2.0 times higher top tax rate
Latvia has a top tax rate of 23.0% as of 2016. In Iceland, the top tax rate is 46.3% as of 2016.
Life
be 83.3% less likely to die during childbirth
In Latvia, approximately 18.0 women per 100,000 births die during labor as of 2020. In Iceland, 3.0 women do as of 2020.
be 66.0% less likely to die during infancy
In Latvia, approximately 4.8 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 51.8% more children
In Latvia, there are approximately 8.3 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 11.4% more likely to have internet access
In Latvia, approximately 89.8% of the population has internet access as of 2022. In Iceland, about 100.0% do as of 2021.
Expenditures
spend 28.3% more on education
Latvia spends 6.0% of its total GDP on education as of 2020. Iceland spends 7.7% of total GDP on education as of 2020.
spend 28.0% more on healthcare
Latvia spends 7.5% of its total GDP on healthcare as of 2020. In Iceland, that number is 9.6% of GDP as of 2020.
Geography
see 10.0 times more coastline
Latvia has a total of 498 km of coastline. In Iceland, that number is 4,970 km.
The statistics above were calculated using the following data sources: State Revenue Service, Latvia, The World Factbook, Directorate of Internal Revenue.
Iceland: At a glance
How big is Iceland compared to Latvia? See an in-depth size comparison.