Iceland vs Luxembourg

Iceland and Luxembourg compared on 10 key figures from official sources. Each value is the latest one published for that country, so the year is shown with it.

• Luxembourg has about 1.8 times as many people as Iceland: 686,970 against 392,404 in 2025.
• GDP per person in Luxembourg ($147,252) is 50% higher than in Iceland ($98,323) in 2025.
• The economy grew faster in Iceland (1.3%) than in Luxembourg (0.6%), a difference of 0.7 percentage points in 2025.
• Consumer prices rose faster in Iceland (4.1%) than in Luxembourg (2.3%), a difference of 1.8 percentage points in 2025.
• The unemployment rate was higher in Luxembourg (6.3%) than in Iceland (3.6%), a difference of 2.7 percentage points in 2025.
• A baby born in Luxembourg can expect to live 0.4 years longer than one born in Iceland: 83.2 years against 82.8 years in 2024.
• The population of Luxembourg is older: half of its people are over 38.9 years, against 35.8 years in Iceland in 2023.
• A larger share of people used the internet in Luxembourg (99.1% in 2025) than in Iceland (98.2% in 2024), a difference of 0.9 percentage points.
• CO2 emissions per person in Luxembourg (10.6 tonnes) are 25% higher than in Iceland (8.5 tonnes) in 2024.
• Forest covers a larger share of the land in Luxembourg (34.5%) than in Iceland (0.6%), a difference of 33.9 percentage points in 2024.