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Geo Factbook

Iceland vs Mexico: Compare Statistics

Side-by-side comparison of 194 key metrics across economy, population, geography, and more ā€” latest data through 2026.

Iceland
isl
Leads on 95 of 194 metrics
Mexico
mex
Leads on 91 of 194 metrics

Summary

Mexico has 330 times as many people as Iceland (133.03 million vs 403,137). Mexico's economy is 57.9 times the size of Iceland's ($2.29 trillion vs $39.63 billion GDP).

Comparing Iceland and Mexico: Mexico leads on Irrigated Land (59,910) against Iceland (0.50); Iceland leads on Refined Petroleum Products Consumption (20,850) against Mexico (1.98); Iceland leads on Major Urban Areas Population (216,000 people) against Mexico (22.28 people). Across 194 compared metrics, Iceland wins on 95 and Mexico wins on 91.

  • Communications: 10 metrics compared
  • Economy: 71 metrics compared
  • Energy: 1 metric compared
  • Environment: 12 metrics compared
  • Geography: 7 metrics compared
  • Government: 13 metrics compared
  • Health: 27 metrics compared
  • Military and Security: 3 metrics compared
  • People and Society: 44 metrics compared
  • Transportation: 4 metrics compared
  • Travel and Tourism: 1 metric compared
  • Other: 1 metric compared

Communications

10 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Broadband Internet Penetration37.52 %ā˜…21.74 %
Fixed Broadband Penetration37.52 subscriptions per 100 inhabitantsā˜…21.74 subscriptions per 100 inhabitants
Internet Penetration Rate (%)98.21 %ā˜…83.12 %
Internet Usage Rate by Country (% of Population)99.83 %ā˜…81.18 %
Internet Userspercent of population: 100% (2023 est.)percent of population: 81% (2023 est.)
Mobile Internet Speed37.52 Mbpsā˜…21.74 Mbps
Press Freedom Index Score81.36 pointsā˜…45.55 points
Radios260,000ā˜…31
Televisions98,000ā˜…25.6
Waterwaysnone2,900

Economy

71 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Agriculture Value Added as a Share of GDP by Country1.21B $69.44B $ā˜…
Gross Domestic Product (GDP) by Country in Current US Dollars39.63B $2.29T $ā˜…
AI Investment (% of GDP)26.11 %ā˜…24.12 %
Apple Import Volume3.66M tonnes246.26M tonnesā˜…
Bank Account Ownership Rate99.85 %ā˜…53.03 %
Central Bank Discount Rate (%)5.4 %7.25 %ā˜…
Coal Revenue00.03ā˜…
Commercial Bank Prime Lending Rate (%)7.26 %7.34 %ā˜…
Corporate Tax Rate Trends20 %30 %ā˜…
Current Health Expenditure (% of GDP)8.5 % of GDPā˜…5.4 % of GDP
Ease of Doing Business Index7986.1ā˜…
Electricity Consumption17.68258.7ā˜…
Electricity Exports07.31ā˜…
Electricity from Fossil Fuels471ā˜…
Electricity from Hydroelectric Plants71ā˜…17
Electricity from Nuclear Fuels02ā˜…
Electricity from Other Renewables25ā˜…9
Electricity Imports03.53ā˜…
Electricity Installed Capacity2.7772.56ā˜…
Electricity Production18.17302.7ā˜…
Female Labor Force Participation Rate83.95 %ā˜…51.88 %
Gender Pay Gap Percentage11.75 %ā˜…-1.67 %
Gender Wage Gap11.75 %-1.67 %ā˜…
Gini Index Coefficient26.643.5ā˜…
Global Cattle Population76,902 millions36.93M millionsā˜…
Gross Fixed Investment14.521.5ā˜…
Gross National Saving25.8ā˜…21.4
High-Tech Export Percentage36.43 %78.22 %ā˜…
Highest GDP per Capita Countries68,064.69 USDā˜…21,911.93 USD
Industrial Production Growth Rate (%)-2.3 %0.2 %ā˜…
Inflation Rate4.09 %3.81 %ā˜…
Inflation Rate (Consumer Prices)5.9 %4.7 %ā˜…
Inflation Rate (CPI)4.09 %3.81 %ā˜…
Lowest Average Tariff Rate1.63 %ā˜…1.62 %
Manufacturing Output (US$)3.29B USD366.08B USDā˜…
Military Expenditures (% of GDP)0.3 % of GDP0.5 % of GDPā˜…
Natural Gas Consumption081.61ā˜…
Natural Gas Exports036.81ā˜…
Natural Gas Imports050.12ā˜…
Natural Gas Production031.57ā˜…
Natural Gas Proved Reserves0279.8ā˜…
Oil Consumption17,430ā˜…2.07
Oil Exports1,209ā˜…1.51
Oil Imports15,530496,000ā˜…
Oil Production02.98ā˜…
Oil Proved Reserves010.42ā˜…
Population Below Poverty Line8.8 peopleā˜…36.3 people
Public Debt80.745.1ā˜…
R&D Expenditure (% of GDP)2.64 %ā˜…0.27 %
Real GDP Growth Rate (USD)0.5 USD1.5 USDā˜…
Real Interest Rate Trends3.87 %3.97 %ā˜…
Refined Petroleum Products Consumption20,850ā˜…1.98
Refined Petroleum Products Exports2,530155,800ā˜…
Refined Petroleum Products Imports20,220867,500ā˜…
Refined Petroleum Products Production0844,600ā˜…
Remittances0.73.7ā˜…
Researchers in R&D per Million5,952.52 researchersā˜…419.44 researchers
Revenue from Forest Resources00.1ā˜…
Robotics Research Funding2.64 USDā˜…0.27 USD
Share of population in poverty ($3 a day)0.27ā˜…3.89
Tax Burden (% of GDP)23.16 %14.22 %ā˜…
Tax Revenue (% of GDP)23.16 % of GDPā˜…14.22 % of GDP
Taxes and Other Revenues23.3ā˜…14.2
Top Exporting Countries14.12B USD681.35B USDā˜…
Top FDI Inflows (% of GDP)-0.52 %2.35 %ā˜…
Total Number of Billionaires122ā˜…
Tourism Contribution to GDP6.1 %8.46 %ā˜…
Tourism Revenue (% of GDP)6.1 %8.46 %ā˜…
Unemployment Rate3.2 %2.8 %ā˜…
Youth Labor Force Participation Rate74.93 %61.61 %ā˜…
Youth Unemployment Rate8.67 %5.71 %ā˜…

Energy

1 metric
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Total Coal Reserves0 tonnes4.16 tonnesā˜…

Environment

12 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Annual COā‚‚ Emissions Growth (abs)294,776ā˜…2.73M
Annual Forest Area Change Rate964 %ā˜…-127,765.63 %
Average Annual Temperature2.87 Ā°C21.68 Ā°Cā˜…
Carbon Dioxide Emissions3.1ā˜…441.05
Continental Shelfedge of continental margin or 200 nm;natural prolongation of continental margin or 200 nm;
Global Precipitation Distribution1,409.06 mmā˜…809.08 mm
Population DistributionIceland is almost entirely urban, with half of the population located in and around the capital of Reykjavik; smaller clusters are primarily found along the coast in the north and westmost of the population is found in the middle of the country between the states of Jalisco and Veracruz; approximately a quarter of the population lives in and around Mexico City
Protected Land Area for Adaptation21.13 sq kmā˜…15.55 sq km
Protected Land Area Percentage20.9 %ā˜…15.3 %
Total Renewable Groundwater Resources by Country24 Cubic meters per year150 Cubic meters per yearā˜…
Total Renewable Water Resources170461.89ā˜…
Total Threatened Mammal Species6 speciesā˜…97 species

Geography

7 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Percentage of land area by degree of urbanization0.16 %1.86 %ā˜…
Above-Ground Biomass in Forest (tonnes/ha)23.6652.44ā˜…
Agricultural land18,720 sq. km1.04M sq. kmā˜…
Airports per 1,000 Sq Km100,8301.94Mā˜…
Coastline Length (km)4,970 km9,330 kmā˜…
Dam capacity per capita5,604.12 cubic meters per inhabitantā˜…1,145.45 cubic meters per inhabitant
Irrigated Land0.559,910ā˜…

Government

13 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Rule of Law Index by Country96.93 %ā˜…17.92 %
Administrative Divisions64ā˜…32
Corruption Perception Index77 index26 indexā˜…
Corruption Perceptions Index Score77 indexā˜…26 index
Governance Effectiveness Rating83.98ā˜…48.65
Independence116ā˜…
LGBT Rights Index Score5.926.13ā˜…
Prison Population Rate44 per 100,000ā˜…169 per 100,000
Public Sector Corruption Perception7726ā˜…
Public Trust in Government (%)42.5 %59.5 %ā˜…
Suffrage Participation Rate1818
Trust in National Government42.5 %59.5 %ā˜…
Women in National Parliaments46.03 %50.2 %ā˜…

Health

27 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Access to Safe Drinking Water100 %ā˜…42.97 %
Average BMI for Adults27 kg/mĀ²27.5 kg/mĀ²ā˜…
Cancer Mortality Rate102.92 per 100,00066.14 per 100,000ā˜…
Change in Measles Immunization Rate97 %ā˜…80 %
Diabetes Deaths Per 100,000 (Age-Std)7.94ā˜…93.85
Diabetes Prevalence (% of Population)6.916.4ā˜…
Female Life Expectancy Leaders82.81 yearsā˜…75.26 years
Fruit Consumption Per Capita130.14 kg per year137.38 kg per yearā˜…
Global Stillbirth Rate Trends0.2 per 1,000 birthsā˜…0.64 per 1,000 births
Health Care Spending per Capita7,810.82 USDā˜…1,579.68 USD
Health Coverage Index Score90 scoreā˜…79 score
Health Expenditure (% of GDP)8.6 % of GDPā˜…6.1 % of GDP
Highest Male Life Expectancy82.81 yearsā˜…75.26 years
HIV/AIDS Adult Prevalence Rate0.1 %ā˜…0.4 %
Hospital Bed Density2.8 people/sq kmā˜…1 people/sq km
Hospital Beds per Capita2.83 beds per 1,000ā˜…1 beds per 1,000
Low Birth Weight Prevalence3.99 %ā˜…10.15 %
Low Birth Weight Rate3.99 %ā˜…10.15 %
Maternal Mortality Ratio (%)3 %ā˜…42 %
Mean Age at First Birth28.7ā˜…21.3
Nurses and Midwives Density15.64 per 1,000 peopleā˜…3.03 per 1,000 people
Obesity Adult Prevalence Rate (%)21.9 %ā˜…28.9 %
Out-of-Pocket Health Spending14.69 %ā˜…41.24 %
People Living With HIV/AIDSnote: estimate does not include children340,000
Public Health Spending (% of GDP)7.68 %ā˜…3.17 %
Total Number of Doctors4.44ā˜…2.59
Underweight Children Under 5NA4.2

Military and Security

3 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Active Military Personnel0 personnel216,000 personnelā˜…
Military Expenditure (% of GDP)0 %ā˜…0.74 %
Total Armed Forces Personnel (PPP)0341,000ā˜…

People and Society

44 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Currently married (Percent)47.72 %51.87 %ā˜…
Human Capital Index0.74ā˜…0.63
Life expectancy at birth84.66 yearsā˜…80.06 years
Median age of population36.28 yearsā˜…29.96 years
Population Change3,714.6 persons1.20M personsā˜…
Population density4.05 per sq. kmā˜…67.89 per sq. km
Total population403,136.5 persons133.03M personsā˜…
Academic Freedom Index0.76ā˜…0.71
Average Female Breast Size by Country: Worldwide Data & RankingsCā˜…A
Beer Consumption per Capita4.22 liters4.55 litersā˜…
Birth Rate (%)12.47 %14.73 %ā˜…
Contraceptive Prevalence RateNA73.1 %
Crude Birth Rate11.2 per 1,000 people15.46 per 1,000 peopleā˜…
Death Rate (%)6.62 %6.04 %ā˜…
Education Expenditure (% of GDP)7.3 % of GDPā˜…4.1 % of GDP
Egg Consumption per Capita9.94 eggs per year21.55 eggs per yearā˜…
Female Homicide Rate0.53 per 100,000 womenā˜…5.6 per 100,000 women
Female population of reproductive age96,725.95 persons35.92M personsā˜…
Female Tertiary Enrollment Rate (%)104.2 %ā˜…51.61 %
Firearm Homicides per 100,0000 per 100,000ā˜…17.23 per 100,000
Fixed Broadband Penetration Rate37.52 %ā˜…21.74 %
Global Average Sex Ratio at Birth105.86 male/femaleā˜…103.66 male/female
Human Development Index0.84ā˜…0.43
Labor Force Participation Rate248,400ā˜…60.96
Learning-adjusted years of school10.48 yearsā˜…9.01 years
Length of paid parental leave for mother288 daysā˜…0 days
Major Urban Areas Population216,000 peopleā˜…22.28 people
Mean Male Height (cm)180.49ā˜…169.01
Mean Years of Schooling13.53 yearsā˜…10.18 years
Milk Consumption per Capita202.17 litersā˜…121.99 liters
Old-Age Dependency Ratio23.03 %11.9 %ā˜…
Percentage of population by degree of urbanization76.4 %77.59 %ā˜…
Physician Density4.37 people/sq kmā˜…2.59 people/sq km
Population Growth Rate0.82 %ā˜…0.81 %
Population living in slums0 %15.76 %ā˜…
Primary School Pupil-Teacher Ratio10.14ā˜…26.93
Total deaths2,727.1 personsā˜…685,869.9 persons
Total fertility rate1.38 per woman1.84 per womanā˜…
Total net-migration2,246.8 personsā˜…-98,968.7 persons
Under-five mortality rate0.48 per live birthsā˜…11.69 per live births
Urban Population Annual Growth Rate1.55 %ā˜…1.19 %
Urban Population Share 205094.22 %ā˜…80.04 %
Voting Age Population77.68 millionsā˜…63.72 millions
Wine Consumption Per Capita2.23 litersā˜…0.17 liters

Transportation

4 metrics
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Air Travel Trips Per Capita (PPP)14.35ā˜…0.48
Airports821,580ā˜…
Civil Air Travel20186ā˜…
Heliports1488ā˜…

Travel and Tourism

1 metric
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Tourism Receipts per Capita3.22B USD36.24B USDā˜…

Other

1 metric
MetricšŸ‡®šŸ‡ø IcelandšŸ‡²šŸ‡½ MexicoShare
Current Bank Rate7.75 %ā˜…6.5 %

Frequently Asked Questions About Iceland vs Mexico

Which has a larger population, Iceland or Mexico?ā–¾

Mexico. Mexico has 330 times as many people as Iceland (133.03 million vs 403,137). Data for 2026.

Which has a bigger economy, Iceland or Mexico?ā–¾

Mexico. Mexico's economy is 57.9 times the size of Iceland's ($2.29 trillion vs $39.63 billion GDP). Data for 2026.

Which is richer per person, Iceland or Mexico?ā–¾

Iceland is richer per person: GDP per capita is about $98,298 in Iceland vs $17,235 in Mexico (2026 GDP in current US dollars divided by population).

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