Quality of life comparison
If you lived in Iceland instead of Macedonia, you would:
Health
live 6.8 years longer
In Macedonia, the average life expectancy is 77 years (75 years for men, 79 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 3.3 times more money
Macedonia has a GDP per capita of $17,100 as of 2022, while in Iceland, the GDP per capita is $55,600 as of 2022.
be 73.7% less likely to be unemployed
In Macedonia, 14.4% of adults are unemployed as of 2022. In Iceland, that number is 3.8% as of 2022.
be 59.6% less likely to live below the poverty line
In Macedonia, 21.8% live below the poverty line as of 2019. In Iceland, however, that number is 8.8% as of 2017.
pay a 4.6 times higher top tax rate
Macedonia has a top tax rate of 10.0% as of 2016. In Iceland, the top tax rate is 46.3% as of 2016.
Life
be 77.5% less likely to die during infancy
In Macedonia, approximately 7.3 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 23.5% more children
In Macedonia, there are approximately 10.2 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 20.5% more likely to have internet access
In Macedonia, approximately 83.0% of the population has internet access as of 2021. In Iceland, about 100.0% do as of 2021.
Expenditures
spend 21.5% more on healthcare
Macedonia spends 7.9% of its total GDP on healthcare as of 2020. In Iceland, that number is 9.6% of GDP as of 2020.
The statistics above were calculated using the following data sources: The World Factbook, Directorate of Internal Revenue, Public Revenue Office.
Iceland: At a glance
How big is Iceland compared to Macedonia? See an in-depth size comparison.