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Comparison · latest available · data as of 26 October 2026 · printed 27 Oct 2026
NationsTree / Compare / Iceland vs Montenegro

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

NationsTree Index71.032nd of 196
Tree height3.7 m 
vs
26:5
indicators where each ranks higher

Montenegro

Europe & Central Asia · nation age 20 years

NationsTree Index53.574th of 196
Tree height2.8 m 
Open in the comparison tool Data as of 26 October 2026

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.

NationsTree IndexIcelandMontenegro
405060708090 2003 2007 2011 2015 2019 2023 2025

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 Iceland Montenegro
Land & people
Surface area i km² 103,000108th/216 · 2024 13,883157th/216 · 2024
Land area i km² 100,830105th/216 · 2024 13,450157th/216 · 2024
Population i people 392,404176th/217 · 2025 623,129169th/217 · 2025
Population growth i % 1.51%71st/217 · 2025 -0.06%175th/217 · 2025
Population density i people/km² 3.8212th/216 · 2024 46.4157th/216 · 2024
Urban population i % 94.2%23rd/217 · 2025 65.6%105th/217 · 2025
Population aged 0–14 i % 17.5%148th/217 · 2025 17.9%142nd/217 · 2025
Population aged 65+ i % 16.0%64th/217 · 2025 18.3%46th/217 · 2025
Economy
GDP i USD $38.58 bn106th/210 · 2025 $9.23 bn155th/210 · 2025
GDP (PPP) i intl. USD $32.74 bn147th/199 · 2025 $22.07 bn152nd/199 · 2025
Real GDP (PPP, constant 2021 prices) i intl. USD 2021 $26.71 bn149th/199 · 2025 $18.01 bn152nd/199 · 2025
GDP per person i USD $98,3239th/210 · 2025 $14,81787th/210 · 2025
GDP per person (PPP) i intl. USD $83,43114th/199 · 2025 $35,42373rd/199 · 2025
GNI per person (Atlas) i USD $89,2205th/201 · 2025 $14,15079th/201 · 2025
GDP growth i % 1.3%166th/210 · 2025 2.7%125th/210 · 2025
Inflation i % 4.1%128th/180 · 2025 3.9%120th/180 · 2025
Unemployment i % 3.6%62nd/187 · 2025 13.6%169th/187 · 2025
Central government debt i % of GDP 80.1%42nd/55 · 2023 —
General government gross debt i % of GDP 56.7%106th/189 · 2025 63.5%121st/189 · 2025
Government budget balance i % of GDP -2.6%95th/192 · 2025 -4.3%139th/192 · 2025
Main industries
Agriculture, forestry, fishing i % of GDP 3.7%118th/197 · 2025 3.4%123rd/197 · 2025
Industry incl. construction i % of GDP 20.1%126th/200 · 2025 11.3%178th/200 · 2025
Manufacturing i % of GDP 8.5%116th/192 · 2025 3.3%167th/192 · 2024
Services i % of GDP 66.2%49th/200 · 2025 63.4%65th/200 · 2025
Trade
Exports of goods & services i USD $15.48 bn97th/182 · 2025 $3.70 bn140th/182 · 2025
Imports of goods & services i USD $16.35 bn100th/182 · 2025 $6.07 bn136th/182 · 2025
Exports i % of GDP 40.1%81st/183 · 2025 40.1%82nd/183 · 2025
Imports i % of GDP 42.4%97th/183 · 2025 65.7%44th/183 · 2025
Trade openness i % of GDP 82.5%91st/183 · 2025 105.8%54th/183 · 2025
Fuel exports i % of merchandise exports 1.5%110th/170 · 2025 23.8%35th/170 · 2025
Manufactures exports i % of merchandise exports 14.0%123rd/171 · 2025 36.9%82nd/171 · 2025
Food exports i % of merchandise exports 46.9%32nd/171 · 2025 18.6%79th/171 · 2025
Ores & metals exports i % of merchandise exports 36.2%11th/171 · 2025 14.5%33rd/171 · 2025
High-tech exports i % of manufactured exports 54.0%7th/168 · 2024 14.5%49th/168 · 2024
Current account balance i % of GDP -4.0%131st/191 · 2025 -20.6%183rd/191 · 2025
Foreign direct investment, inflows i % of GDP -2.2%188th/196 · 2025 7.3%27th/196 · 2025
Natural resources
Natural resource rents i % of GDP 0.0%186th/209 · 2021 0.6%125th/209 · 2021
Oil rents i % of GDP 0.00%120th/197 · 2021 0.00%120th/197 · 2021
Natural gas rents i % of GDP 0.00%100th/197 · 2021 0.00%100th/197 · 2021
Coal rents i % of GDP 0.00%68th/195 · 2021 0.14%26th/195 · 2021
Mineral rents i % of GDP 0.00%91st/209 · 2021 0.01%80th/209 · 2021
Forest rents i % of GDP 0.00%180th/209 · 2021 0.48%70th/209 · 2021
Arable land i % of land area 1.2%180th/206 · 2024 0.7%192nd/206 · 2024
Renewable freshwater per person i m³ 445,0231st/183 · 2022 —
Tourism
International tourist arrivals i arrivals 488,000123rd/194 · 2020 351,000136th/194 · 2020
Tourism receipts i USD $881.0 m2008 $180.0 m131st/175 · 2020
Tourism receipts i % of exports 11.9%2008 14.4%43rd/168 · 2020
Outbound trips i departures 130,00095th/107 · 2020 —
Society & health
Life expectancy i years 82.826th/217 · 2024 77.975th/217 · 2024
Under-5 mortality i per 1,000 births 2.817th/196 · 2024 2.46th/196 · 2024
Physicians i per 1,000 people 4.3721st/174 · 2023 2.7866th/174 · 2023
Hospital beds i per 1,000 people 2.864th/145 · 2020 3.842nd/145 · 2022
DPT immunization i % of children 12–23 months 94%66th/193 · 2024 81%142nd/193 · 2024
Completed lower secondary, 25+ i % of adults 99.6%4th/153 · 2023 96.1%23rd/153 · 2020
Secondary enrolment i % gross 108.9%25th/173 · 2023 93.9%85th/173 · 2023
Social protection coverage (incl. pensions) i % of population — 56.4%2014
Old-age dependency ratio i % of working-age population 24.0%62nd/217 · 2025 28.7%43rd/217 · 2025
Health spending i % of GDP 9.0%45th/193 · 2024 9.7%33rd/193 · 2023
Adult literacy i % — 98.5%2018
Tertiary enrolment i % gross 76.5%38th/150 · 2023 55.2%67th/150 · 2023
Human Development Index i index 0–1 0.9721st/193 · 2023 0.86248th/193 · 2023
Income inequality (Gini) i index 26.82019 34.356th/108 · 2021
Extreme poverty i % of population 0.1%2019 2.5%66th/108 · 2021
Infrastructure & digital
Access to electricity i % of population 100.0%1st/215 · 2024 100.0%1st/215 · 2024
Safely managed drinking water i % of population 100.0%1st/150 · 2024 85.5%69th/150 · 2024
Safely managed sanitation i % of population — 50.9%83rd/144 · 2024
Internet users i % of population 98.2%10th/186 · 2024 88.9%65th/186 · 2024
Mobile subscriptions i per 100 people 12187th/210 · 2024 2223rd/210 · 2024
Fixed broadband i per 100 people 37.534th/208 · 2024 32.350th/208 · 2024
Trade & transport infrastructure quality (LPI) i score 1–5 3.6029th/164 · 2022 2.5085th/164 · 2022
Rail lines i route-km — 25081st/82 · 2019
Air passengers carried i passengers 4.3 m63rd/161 · 2023 379,068119th/161 · 2023
Environment & energy
CO₂ emissions per person i t CO₂e 8.52179th/203 · 2024 —
Renewable energy i % of final energy use 82.4%13th/212 · 2021 39.6%60th/212 · 2021
Air pollution (PM2.5) i µg/m³ 4.913th/200 · 2023 18.5104th/200 · 2023
Forest area i % of land area 0.6%202nd/214 · 2024 61.5%30th/214 · 2024
Energy use per person i kg oil eq. 16,2481st/149 · 2024 1,76564th/149 · 2024
Institutions & safety
Government effectiveness i score 0–100 84.016th/205 · 2025 62.065th/205 · 2025
Control of corruption i score 0–100 84.811th/207 · 2025 49.688th/207 · 2025
Rule of law i score 0–100 85.212th/207 · 2025 62.188th/207 · 2025
Political stability i score 0–100 88.813th/207 · 2025 73.583rd/207 · 2025
Regulatory quality i score 0–100 73.829th/205 · 2025 59.179th/205 · 2025
Voice & accountability i score 0–100 82.716th/205 · 2025 65.077th/205 · 2025
Homicide rate i per 100,000 1.352nd/145 · 2023 0.829th/145 · 2023
Military
Military expenditure i USD $0.00154th/156 · 2025 $176.5 m131st/156 · 2025
Military expenditure i % of GDP 0.0%154th/156 · 2025 1.9%70th/156 · 2025
Military expenditure i % of government spending 0.0%152nd/154 · 2025 4.4%98th/154 · 2025
Armed forces personnel i people 0166th/170 · 2020 12,000124th/170 · 2020
Armed forces personnel i % of labour force 0.00%166th/168 · 2020 4.66%5th/168 · 2020
Arms imports (SIPRI TIV) i TIV 50.0 m2011 1.0 m150th/163 · 2025
Arms exports (SIPRI TIV) i TIV 5.0 m1993 4.0 m51st/65 · 2022
Science & innovation
R&D spending i % of GDP 2.64%14th/110 · 2023 0.36%2019
Patent applications by residents i applications 3883rd/137 · 2024 1593rd/137 · 2024
Scientific articles i 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.

More comparisons

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.

Cite as: NationsTree (2026). Iceland vs Montenegro — country comparison. https://nationstree.org/compare/iceland-vs-montenegro. Data as of 26 October 2026.
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