Australia vs Iceland Country Comparison
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Comparative Statistics (Australia vs Iceland)
ⓘ When data for the selected year is missing, the closest prior year with data is used instead. Whenever the two countries' data points are 5+ years apart those indicators are excluded from the total score.
Iceland leads against Australia in 6 of 10 comparable indicators, while Australia leads in 4. Australia's strongest global position is 2nd (2023) in Regulatory Quality: Estimate. Iceland's strongest global position is 8th (2023) in Rule of Law: Estimate.
- Australia wins against Iceland in GDP growth (annual %): 1.37 (2024, ranked 162nd) vs -0.97 (2024, ranked 199th).
- Iceland wins against Australia in GDP per capita, PPP (constant 2021 international $): 67,310.06 (2024, ranked 19th) vs 60,303.98 (2024, ranked 28th).
- Iceland wins against Australia in Gini index: 26.80 (2019, ranked 17th) vs 33.80 (2020, ranked 77th).
- Iceland wins against Australia in Individuals using the Internet (% of population): 98.21 (2024, ranked 12th) vs 96.13 (2024, ranked 24th).
- Australia wins against Iceland in Life expectancy at birth, total (years): 83.05 (2024, ranked 22nd) vs 82.81 (2024, ranked 26th).
- Iceland wins against Australia in Unemployment, total (% of total labor force) (modeled ILO estimate): 3.63 (2025, ranked 62nd) vs 4.09 (2025, ranked 69th).
- Australia wins against Iceland in Regulatory Quality: Estimate: 1.94 (2023, ranked 2nd) vs 1.28 (2023, ranked 27th).
- Australia wins against Iceland in Control of Corruption: Estimate: 1.78 (2023, ranked 10th) vs 1.55 (2023, ranked 18th).
- Iceland wins against Australia in Rule of Law: Estimate: 1.72 (2023, ranked 8th) vs 1.52 (2023, ranked 17th).
- Iceland wins against Australia in Political Stability and Absence of Violence/Terrorism: Estimate: 1.21 (2023, ranked 10th) vs 0.92 (2023, ranked 41st).
| Metric | Australia(4) | Iceland(6) |
|---|---|---|
| GDP growth (annual %) | (2024) 1.37 (162/214) | (2024) -0.97 (199/214) |
| GDP per capita, PPP (constant 2021 international $) | (2024) 60,303.98 (28/199) | (2024) 67,310.06 (19/199) |
| Gini index | (2020) 33.80 (77/171) | (2019) 26.80 (17/171) |
| Individuals using the Internet (% of population) | (2024) 96.13 (24/213) | (2024) 98.21 (12/213) |
| Life expectancy at birth, total (years) | (2024) 83.05 (22/217) | (2024) 82.81 (26/217) |
| Lower secondary completion rate, total (% of relevant age group) | - | (2023) 97.79 (38/197) |
| Unemployment, total (% of total labor force) (modeled ILO estimate) | (2025) 4.09 (69/187) | (2025) 3.63 (62/187) |
| Regulatory Quality: Estimate | (2023) 1.94 (2/205) | (2023) 1.28 (27/205) |
| Control of Corruption: Estimate | (2023) 1.78 (10/205) | (2023) 1.55 (18/205) |
| Rule of Law: Estimate | (2023) 1.52 (17/205) | (2023) 1.72 (8/205) |
| Political Stability and Absence of Violence/Terrorism: Estimate | (2023) 0.92 (41/205) | (2023) 1.21 (10/205) |