Country Risk Profile · Global Sustainable Competitiveness Index

Iceland

Country Profile

Population

404,610

Global avg: 41.5M

Area

103,000 km²

Global avg: 714,913 km²

Population Density

4 /km²

World: 58 /km²

GDP (Nominal)

$33.5B

Global avg: $569.2B

GDP per Capita

$82,704

World: $13,684

Sustainable Competitiveness

Overall GSCI Rank

#7

of 193 countries

Overall Score

60.0

95% of best score · 97th percentile

vs. Global Average

+14.7 higher

Global average: 45.4

2026 Global Sustainable Competitiveness Index Performance

Overall competitiveness score (high score → lower risk)

Rank 7 / 193
025507510060.0Iceland62.9Global best45.4Global average(Sweden)

10-year change (2015–2025)

+0.2

vs global trend

10-year outlook (projection)

-2.0

Sustainable Competitiveness Dimensions for Iceland

How Iceland compares to the global best and global average across the six GSCI dimensions.

Natural Capital

Rank 11 / 193
025507510060.0Iceland66.4Global best49.9Global average

Resource Efficiency

Rank 47 / 193
025507510051.8Iceland60.8Global best46.6Global average

Social Capital

Rank 4 / 193
025507510058.1Iceland62.0Global best45.0Global average

Intellectual Capital

Rank 20 / 193
025507510065.5Iceland79.7Global best40.4Global average

Economic Sustainability

Rank 4 / 193
025507510057.4Iceland61.2Global best42.0Global average

Governance

Rank 17 / 193
025507510067.3Iceland75.1Global best48.3Global average
FAQ

Frequently Asked Questions

Key figures and GSCI 2026 results for Iceland

Iceland ranks 7th of 193 countries in the GSCI 2026, with a score of 60.0. This is 95% of the best score (Sweden, 62.9) and places Iceland in the 97th percentile, 14.7 points above the global average of 45.4.
Iceland performs best in Social Capital (4th) and Economic Sustainability (4th), and weakest in Resource Efficiency (47th) and Intellectual Capital (20th). Its ranks in the other dimensions: Natural Capital 11th, Governance 17th.
Iceland's GSCI score has improved by 0.2 points over the past ten years (2015–2025). Based on recent trends, the 10-year outlook is negative (-2.0 points).
Iceland has a population of 404,610, 0.97% of the average country (41.5 million), and a population density of 4 people per km², 6.8% of the world average (58). Its GDP is $33.5 billion, 5.9% of the average country ($569.2 billion).
Iceland's GDP per capita is $82,704, 6.0 times the world average of $13,684.
The Global Sustainable Competitiveness Index (GSCI) measures the sustainable competitiveness of 193 countries across six dimensions: Natural Capital, Resource Efficiency, Social Capital, Intellectual Capital, Economic Sustainability and Governance. It is based on 296 quantitative indicators from sources such as the World Bank, UN agencies and the IMF, with no surveys or opinions.

Global Sustainable Competitiveness Index

Browse the full GSCI: 193 countries ranked across six structural dimensions of sustainable competitiveness, built on 296 quantitative indicators from the World Bank, UN, IMF, IEA, and other recognised data providers.

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About the GSCI methodology

The Global Sustainable Competitiveness Index ranks 193 countries across six structural dimensions. Scores are derived from 200+ quantitative indicators sourced from the World Bank, UN, IMF, IEA, and other recognised data providers.

Read the full methodology

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