Iceland vs Montenegro
Side-by-side comparison of Iceland and Montenegro from official statistics: size, economy, people, trade, natural resources, health, infrastructure and military, with world ranks, years and sources.
Iceland
Europe & Central Asia · nation age 1,096 years
Montenegro
Europe & Central Asia · nation age 20 years
In short
Iceland scores 71.0 in the NationsTree Index (32nd in the world) and Montenegro scores 53.5 (74th), a gap of 17.5 points. Their trees are 3.7 m and 2.8 m tall; tree height grows with real GDP and is adjusted by the index.
Montenegro has 59% more people than Iceland. Iceland is 7.4 times larger than Montenegro by land area. The economy of Iceland is 48% larger than that of Montenegro (GDP at purchasing power parity). Population: Iceland 392,404 and Montenegro 623,129 (2025).
GDP per person at purchasing power parity is $83,431 in Iceland and $35,423 in Montenegro (2025, international dollars). People in Iceland live on average 4.9 years longer (82.8 vs 77.9 years).
Of 31 indicators reported by both countries, Iceland ranks higher in the world on 26 and Montenegro on 5. Iceland is clearly stronger in infrastructure & digital, institutions & safety and science & innovation. Montenegro is clearly stronger in military and tourism.
As a nation, Iceland is the older of the two (statehood since 930, 1,096 years), compared with Montenegro (since 2006). Over the last five years Montenegro improved faster (direction score 79 vs 25 out of 100).
Where they differ most
The indicators with the biggest gap in world position between Iceland and Montenegro.
Over time
How the two countries moved against each other, from the yearly data.
Iceland has been ahead of Montenegro in the NationsTree Index in every year since 2003.
Iceland has been ahead of Montenegro in GDP per person (PPP) and GDP (PPP) in every year since 1997.
Iceland has been ahead of Montenegro in life expectancy in every year since 1990.
Montenegro has been ahead of Iceland in population in every year since 1990.
Strength by category
Average world percentile of the indicators in each category (0–100, direction taken into account). i
All indicators
Latest available value for each country with its year and world rank. Green: the better world position of the two, red: the weaker one.
| Indicator | ||
|---|---|---|
| Land & people | ||
| Surface area km² | 103,000108th/216 · 2024 | 13,883157th/216 · 2024 |
| Land area km² | 100,830105th/216 · 2024 | 13,450157th/216 · 2024 |
| Population people | 392,404176th/217 · 2025 | 623,129169th/217 · 2025 |
| Population growth % | 1.51%71st/217 · 2025 | -0.06%175th/217 · 2025 |
| Population density people/km² | 3.8212th/216 · 2024 | 46.4157th/216 · 2024 |
| Urban population % | 94.2%23rd/217 · 2025 | 65.6%105th/217 · 2025 |
| Population aged 0–14 % | 17.5%148th/217 · 2025 | 17.9%142nd/217 · 2025 |
| Population aged 65+ % | 16.0%64th/217 · 2025 | 18.3%46th/217 · 2025 |
| Economy | ||
| GDP USD | $38.58 bn106th/210 · 2025 | $9.23 bn155th/210 · 2025 |
| GDP (PPP) intl. USD | $32.74 bn147th/199 · 2025 | $22.07 bn152nd/199 · 2025 |
| Real GDP (PPP, constant 2021 prices) intl. USD 2021 | $26.71 bn149th/199 · 2025 | $18.01 bn152nd/199 · 2025 |
| GDP per person USD | $98,3239th/210 · 2025 | $14,81787th/210 · 2025 |
| GDP per person (PPP) intl. USD | $83,43114th/199 · 2025 | $35,42373rd/199 · 2025 |
| GNI per person (Atlas) USD | $89,2205th/201 · 2025 | $14,15079th/201 · 2025 |
| GDP growth % | 1.3%166th/210 · 2025 | 2.7%125th/210 · 2025 |
| Inflation % | 4.1%128th/180 · 2025 | 3.9%120th/180 · 2025 |
| Unemployment % | 3.6%62nd/187 · 2025 | 13.6%169th/187 · 2025 |
| Central government debt % of GDP | 80.1%42nd/55 · 2023 | — |
| General government gross debt % of GDP | 56.7%106th/189 · 2025 | 63.5%121st/189 · 2025 |
| Government budget balance % of GDP | -2.6%95th/192 · 2025 | -4.3%139th/192 · 2025 |
| Main industries | ||
| Agriculture, forestry, fishing % of GDP | 3.7%118th/197 · 2025 | 3.4%123rd/197 · 2025 |
| Industry incl. construction % of GDP | 20.1%126th/200 · 2025 | 11.3%178th/200 · 2025 |
| Manufacturing % of GDP | 8.5%116th/192 · 2025 | 3.3%167th/192 · 2024 |
| Services % of GDP | 66.2%49th/200 · 2025 | 63.4%65th/200 · 2025 |
| Trade | ||
| Exports of goods & services USD | $15.48 bn97th/182 · 2025 | $3.70 bn140th/182 · 2025 |
| Imports of goods & services USD | $16.35 bn100th/182 · 2025 | $6.07 bn136th/182 · 2025 |
| Exports % of GDP | 40.1%81st/183 · 2025 | 40.1%82nd/183 · 2025 |
| Imports % of GDP | 42.4%97th/183 · 2025 | 65.7%44th/183 · 2025 |
| Trade openness % of GDP | 82.5%91st/183 · 2025 | 105.8%54th/183 · 2025 |
| Fuel exports % of merchandise exports | 1.5%110th/170 · 2025 | 23.8%35th/170 · 2025 |
| Manufactures exports % of merchandise exports | 14.0%123rd/171 · 2025 | 36.9%82nd/171 · 2025 |
| Food exports % of merchandise exports | 46.9%32nd/171 · 2025 | 18.6%79th/171 · 2025 |
| Ores & metals exports % of merchandise exports | 36.2%11th/171 · 2025 | 14.5%33rd/171 · 2025 |
| High-tech exports % of manufactured exports | 54.0%7th/168 · 2024 | 14.5%49th/168 · 2024 |
| Current account balance % of GDP | -4.0%131st/191 · 2025 | -20.6%183rd/191 · 2025 |
| Foreign direct investment, inflows % of GDP | -2.2%188th/196 · 2025 | 7.3%27th/196 · 2025 |
| Natural resources | ||
| Natural resource rents % of GDP | 0.0%186th/209 · 2021 | 0.6%125th/209 · 2021 |
| Oil rents % of GDP | 0.00%120th/197 · 2021 | 0.00%120th/197 · 2021 |
| Natural gas rents % of GDP | 0.00%100th/197 · 2021 | 0.00%100th/197 · 2021 |
| Coal rents % of GDP | 0.00%68th/195 · 2021 | 0.14%26th/195 · 2021 |
| Mineral rents % of GDP | 0.00%91st/209 · 2021 | 0.01%80th/209 · 2021 |
| Forest rents % of GDP | 0.00%180th/209 · 2021 | 0.48%70th/209 · 2021 |
| Arable land % of land area | 1.2%180th/206 · 2024 | 0.7%192nd/206 · 2024 |
| Renewable freshwater per person m³ | 445,0231st/183 · 2022 | — |
| Tourism | ||
| International tourist arrivals arrivals | 488,000123rd/194 · 2020 | 351,000136th/194 · 2020 |
| Tourism receipts USD | $881.0 m2008 | $180.0 m131st/175 · 2020 |
| Tourism receipts % of exports | 11.9%2008 | 14.4%43rd/168 · 2020 |
| Outbound trips departures | 130,00095th/107 · 2020 | — |
| Society & health | ||
| Life expectancy years | 82.826th/217 · 2024 | 77.975th/217 · 2024 |
| Under-5 mortality per 1,000 births | 2.817th/196 · 2024 | 2.46th/196 · 2024 |
| Physicians per 1,000 people | 4.3721st/174 · 2023 | 2.7866th/174 · 2023 |
| Hospital beds per 1,000 people | 2.864th/145 · 2020 | 3.842nd/145 · 2022 |
| DPT immunization % of children 12–23 months | 94%66th/193 · 2024 | 81%142nd/193 · 2024 |
| Completed lower secondary, 25+ % of adults | 99.6%4th/153 · 2023 | 96.1%23rd/153 · 2020 |
| Secondary enrolment % gross | 108.9%25th/173 · 2023 | 93.9%85th/173 · 2023 |
| Social protection coverage (incl. pensions) % of population | — | 56.4%2014 |
| Old-age dependency ratio % of working-age population | 24.0%62nd/217 · 2025 | 28.7%43rd/217 · 2025 |
| Health spending % of GDP | 9.0%45th/193 · 2024 | 9.7%33rd/193 · 2023 |
| Adult literacy % | — | 98.5%2018 |
| Tertiary enrolment % gross | 76.5%38th/150 · 2023 | 55.2%67th/150 · 2023 |
| Human Development Index index 0–1 | 0.9721st/193 · 2023 | 0.86248th/193 · 2023 |
| Income inequality (Gini) index | 26.82019 | 34.356th/108 · 2021 |
| Extreme poverty % of population | 0.1%2019 | 2.5%66th/108 · 2021 |
| Infrastructure & digital | ||
| Access to electricity % of population | 100.0%1st/215 · 2024 | 100.0%1st/215 · 2024 |
| Safely managed drinking water % of population | 100.0%1st/150 · 2024 | 85.5%69th/150 · 2024 |
| Safely managed sanitation % of population | — | 50.9%83rd/144 · 2024 |
| Internet users % of population | 98.2%10th/186 · 2024 | 88.9%65th/186 · 2024 |
| Mobile subscriptions per 100 people | 12187th/210 · 2024 | 2223rd/210 · 2024 |
| Fixed broadband per 100 people | 37.534th/208 · 2024 | 32.350th/208 · 2024 |
| Trade & transport infrastructure quality (LPI) score 1–5 | 3.6029th/164 · 2022 | 2.5085th/164 · 2022 |
| Rail lines route-km | — | 25081st/82 · 2019 |
| Air passengers carried passengers | 4.3 m63rd/161 · 2023 | 379,068119th/161 · 2023 |
| Environment & energy | ||
| CO₂ emissions per person t CO₂e | 8.52179th/203 · 2024 | — |
| Renewable energy % of final energy use | 82.4%13th/212 · 2021 | 39.6%60th/212 · 2021 |
| Air pollution (PM2.5) µg/m³ | 4.913th/200 · 2023 | 18.5104th/200 · 2023 |
| Forest area % of land area | 0.6%202nd/214 · 2024 | 61.5%30th/214 · 2024 |
| Energy use per person kg oil eq. | 16,2481st/149 · 2024 | 1,76564th/149 · 2024 |
| Institutions & safety | ||
| Government effectiveness score 0–100 | 84.016th/205 · 2025 | 62.065th/205 · 2025 |
| Control of corruption score 0–100 | 84.811th/207 · 2025 | 49.688th/207 · 2025 |
| Rule of law score 0–100 | 85.212th/207 · 2025 | 62.188th/207 · 2025 |
| Political stability score 0–100 | 88.813th/207 · 2025 | 73.583rd/207 · 2025 |
| Regulatory quality score 0–100 | 73.829th/205 · 2025 | 59.179th/205 · 2025 |
| Voice & accountability score 0–100 | 82.716th/205 · 2025 | 65.077th/205 · 2025 |
| Homicide rate per 100,000 | 1.352nd/145 · 2023 | 0.829th/145 · 2023 |
| Military | ||
| Military expenditure USD | $0.00154th/156 · 2025 | $176.5 m131st/156 · 2025 |
| Military expenditure % of GDP | 0.0%154th/156 · 2025 | 1.9%70th/156 · 2025 |
| Military expenditure % of government spending | 0.0%152nd/154 · 2025 | 4.4%98th/154 · 2025 |
| Armed forces personnel people | 0166th/170 · 2020 | 12,000124th/170 · 2020 |
| Armed forces personnel % of labour force | 0.00%166th/168 · 2020 | 4.66%5th/168 · 2020 |
| Arms imports (SIPRI TIV) TIV | 50.0 m2011 | 1.0 m150th/163 · 2025 |
| Arms exports (SIPRI TIV) TIV | 5.0 m1993 | 4.0 m51st/65 · 2022 |
| Science & innovation | ||
| R&D spending % of GDP | 2.64%14th/110 · 2023 | 0.36%2019 |
| Patent applications by residents applications | 3883rd/137 · 2024 | 1593rd/137 · 2024 |
| Scientific articles articles | 71691st/197 · 2023 | 255119th/197 · 2023 |
Questions and answers
Which has more people, Iceland or Montenegro?
Montenegro has the larger population: 623,129 (2025) compared with 392,404 for Iceland (2025). Source: World Bank, SP.POP.TOTL.
Which is bigger by area, Iceland or Montenegro?
Iceland is larger: 103,000 km² (2024) compared with 13,883 km² for Montenegro (2024). Source: World Bank, AG.SRF.TOTL.K2.
Which economy is larger, Iceland or Montenegro?
Iceland has the larger economy at purchasing power parity: $32.74 bn intl. (2025) compared with $22.07 bn intl. for Montenegro (2025). Source: World Bank, NY.GDP.MKTP.PP.CD.
Which is richer per person, Iceland or Montenegro?
Iceland has the higher GDP per person (PPP): $83,431 intl. (2025) compared with $35,423 intl. for Montenegro (2025). Source: World Bank, NY.GDP.PCAP.PP.CD.
Where do people live longer, in Iceland or Montenegro?
Iceland has the higher life expectancy at birth: 82.8 years (2024) compared with 77.9 years for Montenegro (2024). Source: World Bank, SP.DYN.LE00.IN.
Which spends more on the military, Iceland or Montenegro?
Montenegro spends more on the military: $176.5 m (2025) compared with $0.00 for Iceland (2025). Source: World Bank, MS.MIL.XPND.CD.
Which ranks higher in the NationsTree Index, Iceland or Montenegro?
Iceland: 71.0 points (32nd in the world); Montenegro: 53.5 points (74th). The index combines foundations, economic strength, quality of life, problems and 5-year direction from public statistics.
Sources
World Bank World Development Indicators and Worldwide Governance Indicators, compiling UN agencies, the IMF, WHO, SIPRI and national statistical offices; every row links to its world ranking with the source series. See Sources & licences and Methodology.
Cite as: NationsTree (2026). Iceland vs Montenegro — country comparison. https://nationstree.org/compare/iceland-vs-montenegro. Data as of 26 October 2026.