Iceland
Land of Fire and Ice
Overview
A volcanic island nation on the Mid-Atlantic Ridge, offering geysers, glaciers, and the Northern Lights, with a small but highly literate and progressive society.
Geographic Context
Region
Europe
Subregion
Northern Europe
Land Area
103,000 km²
Capital
Reykjavik
Languages
Icelandic
Currencies
Icelandic króna (kr)
At a Glance
81
Oyster Score
Composite index
Health
55
Freedom
94
Security
94
Life Expectancy
82.6 yrs
Median Age
35.8 yrs
Urbanization
94%
Cost Index
106
Housing Index
95
Healthcare Access
60/100
Climate
Average Temperature
2.6°C
Average AQI
16
Most Temperate Cities
1 Sandgerði 5.3°C
2 Reykjanesbær 5.3°C
3 Keflavík 5.3°C
4 Garður 5.3°C
5 Vogar 5.3°C
Best Air Quality Cities
1 Borgarfjarðarhreppur 3 AQI
2 Akrahreppur 6 AQI
3 Sveitarfélagið Skagafjörður 6 AQI
4 Skagabyggð 6 AQI
5 Akureyri 6 AQI
Cities
Economy & Finance
Finances
Economic Indicators
Cost Index 106
Cost of Living
Price Levels & Affordability
Housing Index 95
Investment
Credit Rating & Markets
Corp. Tax 18.00%
Taxation
Tax Rates & Compliance
Employment
Labor & Social Protection
Startup Score 100/100
Business Environment
Trade & Commerce
FDI Openness 40/100
Society & Governance
International
Travel
Visas & Entry Requirements
Visa-Free 156 countries
Diplomatic Relations
Embassies & Alliances
Missions 19
Defence
Military & Security
Infrastructure
Energy & Transport
Internet Speed 274 Mbps
Environment
Emissions & Biodiversity
Disaster Risk 8/100
Alternatives
Similar Jurisdictions
Jurisdiction Guide
Tips & Cultural Insights
Frequently Asked Questions
Sources: World Bank | WHO | Freedom House | OECD · Last updated: 2025