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

Iceland vs North Macedonia

Side-by-side comparison of Iceland and North Macedonia 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
28:5
indicators where each ranks higher

North Macedonia

Europe & Central Asia · nation age 35 years

NationsTree Index46.7102nd of 196
Tree height4.3 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 North Macedonia scores 46.7 (102nd), a gap of 24.2 points. Their trees are 3.7 m and 4.3 m tall; tree height grows with real GDP and is adjusted by the index.

North Macedonia has 4.6 times the population of Iceland. Iceland is 4.0 times larger than North Macedonia by land area. The economy of North Macedonia is 56% larger than that of Iceland (GDP at purchasing power parity). Population: Iceland 392,404 and North Macedonia 1.8 million (2025).

GDP per person at purchasing power parity is $83,431 in Iceland and $28,029 in North Macedonia (2025, international dollars). People in Iceland live on average 6.2 years longer (82.8 vs 76.6 years).

Of 33 indicators reported by both countries, Iceland ranks higher in the world on 28 and North Macedonia on 5. Iceland is clearly stronger in institutions & safety, infrastructure & digital and society & health. North Macedonia is clearly stronger in military, main industries and trade.

As a nation, Iceland is the older of the two (statehood since 930, 1,096 years), compared with North Macedonia (since 1991). Over the last five years North Macedonia improved faster (direction score 37 vs 25 out of 100).

Where they differ most

The indicators with the biggest gap in world position between Iceland and North Macedonia.

Over time

How the two countries moved against each other, from the yearly data.

NationsTree IndexIcelandNorth Macedonia
30405060708090 1996 2001 2006 2011 2016 2021 2025

Iceland has been ahead of North Macedonia in the NationsTree Index in every year since 1996.

Iceland has been ahead of North Macedonia in GDP per person (PPP) and life expectancy in every year since 1990.

North Macedonia has been ahead of Iceland in GDP (PPP) and 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 North Macedonia
Land & people
Surface area i km² 103,000108th/216 · 2024 25,713146th/216 · 2024
Land area i km² 100,830105th/216 · 2024 25,220145th/216 · 2024
Population i people 392,404176th/217 · 2025 1.8 m151st/217 · 2025
Population growth i % 1.51%71st/217 · 2025 -0.19%190th/217 · 2025
Population density i people/km² 3.8212th/216 · 2024 72.3134th/216 · 2024
Urban population i % 94.2%23rd/217 · 2025 62.9%116th/217 · 2025
Population aged 0–14 i % 17.5%148th/217 · 2025 16.5%159th/217 · 2025
Population aged 65+ i % 16.0%64th/217 · 2025 18.5%44th/217 · 2025
Economy
GDP i USD $38.58 bn106th/210 · 2025 $19.10 bn136th/210 · 2025
GDP (PPP) i intl. USD $32.74 bn147th/199 · 2025 $51.04 bn133rd/199 · 2025
Real GDP (PPP, constant 2021 prices) i intl. USD 2021 $26.71 bn149th/199 · 2025 $45.70 bn132nd/199 · 2025
GDP per person i USD $98,3239th/210 · 2025 $10,490102nd/210 · 2025
GDP per person (PPP) i intl. USD $83,43114th/199 · 2025 $28,02986th/199 · 2025
GNI per person (Atlas) i USD $89,2205th/201 · 2025 $9,49096th/201 · 2025
GDP growth i % 1.3%166th/210 · 2025 3.5%99th/210 · 2025
Inflation i % 4.1%128th/180 · 2025 4.1%127th/180 · 2025
Unemployment i % 3.6%62nd/187 · 2025 12.3%164th/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 52.6%92nd/189 · 2025
Government budget balance i % of GDP -2.6%95th/192 · 2025 -4.0%133rd/192 · 2025
Main industries
Agriculture, forestry, fishing i % of GDP 3.7%118th/197 · 2025 6.0%100th/197 · 2025
Industry incl. construction i % of GDP 20.1%126th/200 · 2025 24.1%94th/200 · 2025
Manufacturing i % of GDP 8.5%116th/192 · 2025 14.3%51st/192 · 2025
Services i % of GDP 66.2%49th/200 · 2025 57.0%109th/200 · 2025
Trade
Exports of goods & services i USD $15.48 bn97th/182 · 2025 $11.39 bn108th/182 · 2025
Imports of goods & services i USD $16.35 bn100th/182 · 2025 $14.02 bn108th/182 · 2025
Exports i % of GDP 40.1%81st/183 · 2025 59.6%38th/183 · 2025
Imports i % of GDP 42.4%97th/183 · 2025 73.4%28th/183 · 2025
Trade openness i % of GDP 82.5%91st/183 · 2025 133.0%32nd/183 · 2025
Fuel exports i % of merchandise exports 1.5%110th/170 · 2025 2.8%89th/170 · 2025
Manufactures exports i % of merchandise exports 14.0%123rd/171 · 2025 80.3%19th/171 · 2025
Food exports i % of merchandise exports 46.9%32nd/171 · 2025 11.8%107th/171 · 2025
Ores & metals exports i % of merchandise exports 36.2%11th/171 · 2025 4.4%69th/171 · 2025
High-tech exports i % of manufactured exports 54.0%7th/168 · 2024 6.4%88th/168 · 2024
Current account balance i % of GDP -4.0%131st/191 · 2025 -4.4%137th/191 · 2025
Foreign direct investment, inflows i % of GDP -2.2%188th/196 · 2025 3.5%61st/196 · 2025
Natural resources
Natural resource rents i % of GDP 0.0%186th/209 · 2021 0.1%152nd/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 0.01%53rd/195 · 2021
Mineral rents i % of GDP 0.00%91st/209 · 2021 0.00%91st/209 · 2021
Forest rents i % of GDP 0.00%180th/209 · 2021 0.13%107th/209 · 2021
Arable land i % of land area 1.2%180th/206 · 2024 16.2%68th/206 · 2024
Renewable freshwater per person i m³ 445,0231st/183 · 2022 2,94885th/183 · 2022
Tourism
International tourist arrivals i arrivals 488,000123rd/194 · 2020 118,000162nd/194 · 2020
Tourism receipts i USD $881.0 m2008 $253.0 m111th/175 · 2020
Tourism receipts i % of exports 11.9%2008 3.5%96th/168 · 2020
Outbound trips i departures 130,00095th/107 · 2020 —
Society & health
Life expectancy i years 82.826th/217 · 2024 76.689th/217 · 2024
Under-5 mortality i per 1,000 births 2.817th/196 · 2024 2.817th/196 · 2024
Physicians i per 1,000 people 4.3721st/174 · 2023 2.9461st/174 · 2022
Hospital beds i per 1,000 people 2.864th/145 · 2020 4.727th/145 · 2021
DPT immunization i % of children 12–23 months 94%66th/193 · 2024 89%110th/193 · 2024
Completed lower secondary, 25+ i % of adults 99.6%4th/153 · 2023 69.0%85th/153 · 2024
Secondary enrolment i % gross 108.9%25th/173 · 2023 90.1%104th/173 · 2023
Old-age dependency ratio i % of working-age population 24.0%62nd/217 · 2025 28.5%44th/217 · 2025
Health spending i % of GDP 9.0%45th/193 · 2024 7.4%77th/193 · 2023
Adult literacy i % — 96.1%2002
Tertiary enrolment i % gross 76.5%38th/150 · 2023 55.0%69th/150 · 2023
Human Development Index i index 0–1 0.9721st/193 · 2023 0.81568th/193 · 2023
Income inequality (Gini) i index 26.82019 33.52019
Extreme poverty i % of population 0.1%2019 3.9%2019
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 80.8%74th/150 · 2024
Safely managed sanitation i % of population — 12.1%138th/144 · 2024
Internet users i % of population 98.2%10th/186 · 2024 93.1%40th/186 · 2025
Mobile subscriptions i per 100 people 12187th/210 · 2024 108123rd/210 · 2024
Fixed broadband i per 100 people 37.534th/208 · 2024 29.958th/208 · 2024
Trade & transport infrastructure quality (LPI) i score 1–5 3.6029th/164 · 2022 3.0054th/164 · 2022
Rail lines i route-km — 68372nd/82 · 2021
Air passengers carried i passengers 4.3 m63rd/161 · 2023 86,8682009
Environment & energy
CO₂ emissions per person i t CO₂e 8.52179th/203 · 2024 4.00133rd/203 · 2024
Renewable energy i % of final energy use 82.4%13th/212 · 2021 19.5%109th/212 · 2021
Air pollution (PM2.5) i µg/m³ 4.913th/200 · 2023 21.8127th/200 · 2023
Forest area i % of land area 0.6%202nd/214 · 2024 40.8%77th/214 · 2024
Energy use per person i kg oil eq. 16,2481st/149 · 2024 1,38880th/149 · 2024
Institutions & safety
Government effectiveness i score 0–100 84.016th/205 · 2025 56.489th/205 · 2025
Control of corruption i score 0–100 84.811th/207 · 2025 42.0115th/207 · 2025
Rule of law i score 0–100 85.212th/207 · 2025 56.3108th/207 · 2025
Political stability i score 0–100 88.813th/207 · 2025 72.286th/207 · 2025
Regulatory quality i score 0–100 73.829th/205 · 2025 63.357th/205 · 2025
Voice & accountability i score 0–100 82.716th/205 · 2025 61.392nd/205 · 2025
Homicide rate i per 100,000 1.352nd/145 · 2023 1.558th/145 · 2023
Military
Military expenditure i USD $0.00154th/156 · 2025 $374.8 m112th/156 · 2025
Military expenditure i % of GDP 0.0%154th/156 · 2025 2.0%66th/156 · 2025
Military expenditure i % of government spending 0.0%152nd/154 · 2025 5.1%78th/154 · 2025
Armed forces personnel i people 0166th/170 · 2020 16,000113th/170 · 2020
Armed forces personnel i % of labour force 0.00%166th/168 · 2020 2.00%28th/168 · 2020
Arms imports (SIPRI TIV) i TIV 50.0 m2011 9.0 m111th/163 · 2025
Arms exports (SIPRI TIV) i TIV 5.0 m1993 59.0 m31st/65 · 2023
Science & innovation
R&D spending i % of GDP 2.64%14th/110 · 2023 0.37%69th/110 · 2024
Patent applications by residents i applications 3883rd/137 · 2024 2589th/137 · 2024
Scientific articles i articles 71691st/197 · 2023 49999th/197 · 2023

Questions and answers

Which has more people, Iceland or North Macedonia?

North Macedonia has the larger population: 1.8 m (2025) compared with 392,404 for Iceland (2025). Source: World Bank, SP.POP.TOTL.

Which is bigger by area, Iceland or North Macedonia?

Iceland is larger: 103,000 km² (2024) compared with 25,713 km² for North Macedonia (2024). Source: World Bank, AG.SRF.TOTL.K2.

Which economy is larger, Iceland or North Macedonia?

North Macedonia has the larger economy at purchasing power parity: $51.04 bn intl. (2025) compared with $32.74 bn intl. for Iceland (2025). Source: World Bank, NY.GDP.MKTP.PP.CD.

Which is richer per person, Iceland or North Macedonia?

Iceland has the higher GDP per person (PPP): $83,431 intl. (2025) compared with $28,029 intl. for North Macedonia (2025). Source: World Bank, NY.GDP.PCAP.PP.CD.

Where do people live longer, in Iceland or North Macedonia?

Iceland has the higher life expectancy at birth: 82.8 years (2024) compared with 76.6 years for North Macedonia (2024). Source: World Bank, SP.DYN.LE00.IN.

Which spends more on the military, Iceland or North Macedonia?

North Macedonia spends more on the military: $374.8 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 North Macedonia?

Iceland: 71.0 points (32nd in the world); North Macedonia: 46.7 points (102nd). The index combines foundations, economic strength, quality of life, problems and 5-year direction from public statistics.

More comparisons

Iceland compared with

North Macedonia compared with

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 North Macedonia — country comparison. https://nationstree.org/compare/iceland-vs-north-macedonia. Data as of 26 October 2026.

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