Costa Rica vs Iceland Comparison

Country Comparison
Costa Rica Flag

Costa Rica

5.2M (2025)

VS
Iceland Flag

Iceland

398.3K (2025)

Comprehensive comparison across 9 categories and 44 indicators

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Costa Rica Flag

Costa Rica

Population: 5.2M (2025) Area: 51.1K km² GDP: $102.6B (2025)
Capital: San José
Continent: North America
Official Languages: Spanish
Currency: CRC
HDI: 0.833 (62.)
Iceland Flag

Iceland

Population: 398.3K (2025) Area: 103K km² GDP: $35.3B (2025)
Capital: Reykjavik
Continent: Europe
Official Languages: Icelandic
Currency: ISK
HDI: 0.972 (1.)

Geography and Demographics

Costa Rica
Iceland
Area
51.1K km²
103K km²
Total population
5.2M (2025)
398.3K (2025)
Population density
104.9 people/km² (2025)
3.8 people/km² (2025)
Average age
35.2 (2025)
36.2 (2025)

Economy and Finance

Costa Rica
Iceland
Total GDP
$102.6B (2025)
$35.3B (2025)
GDP per capita
$19,100 (2025)
$90,280 (2025)
Inflation rate
2.2% (2025)
3.5% (2025)
Growth rate
3.4% (2025)
2.0% (2025)
Minimum wage
$700 (2024)
No data
Tourism revenue
$6.1B (2025)
$2.8B (2025)
Unemployment rate
7.9% (2025)
3.1% (2025)
Public debt
74.1% (2025)
60.3% (2025)
Trade balance
-$1.3K (2025)
-$449 (2025)

Quality of Life and Health

Costa Rica
Iceland
Human development
0.833 (62.)
0.972 (1.)
Happiness index
7,274 (6.)
7,515 (3.)
Health Exp. per Cap. ($)
$979 (7%)
$7.2K (9%)
Life expectancy
81.2 (2025)
83.2 (2025)
Safety index
82.7 (45.)
94.5 (2.)

Education and Technology

Costa Rica
Iceland
Education Exp. (% GDP)
6.3% (2025)
6.9% (2025)
Literacy rate
98.1% (2025)
No data
Primary school completion
98.1% (2025)
No data
Internet usage
89.4% (2025)
100.0% (2025)
Internet speed
139.9 Mbps (43.)
306.22 Mbps (5.)

Environment and Sustainability

Costa Rica
Iceland
Renewable energy
87.4% (2025)
95.9% (2025)
Carbon emissions per capita
9 kg per capita (2025)
3 kg per capita (2025)
Forest area
60.4% (2025)
0.5% (2025)
Freshwater resources
113 km³ (2025)
170 km³ (2025)
Air quality
12.83 µg/m³ PM2.5 (2025)
4.55 µg/m³ PM2.5 (2025)

Military Power

Costa Rica
Iceland
Military expenditure
$0 (2025)
$0 (2025)
Military power rank
149 (154.)
21 (169.)

Governance and Politics

Costa Rica
Iceland
Democracy index
8.29 (2024)
9.38 (2024)
Corruption perception
57 (48.)
75 (18.)
Political stability
1 (41.)
1.2 (28.)
Press freedom
71.8 (36.)
79.4 (15.)

Infrastructure and Services

Costa Rica
Iceland
Clean water access
99.8% (2025)
100.0% (2025)
Electricity access
100.0% (2025)
100.0% (2025)
Electricity price
0.15 $/kWh (2025)
0.07 $/kWh (2025)
Paved Roads
No data
37 % (2025)
Traffic deaths (per 100K)
13.43 /100K (2025)
0.45 /100K (2025)
Retirement age
65 (2025)
67 (2025)

Tourism and International Relations

Costa Rica
Iceland
Passport power
77.94 (2025)
88.22 (2025)
Tourist arrivals
2.3M (2022)
488K (2020)
Tourism revenue
$6.1B (2025)
$2.8B (2025)
World heritage sites
4 (2025)
3 (2025)

Comparison Result

Costa Rica
Costa Rica Flag
13.0

Superior Fields

Leader
Iceland
Iceland
Iceland Flag
27.0

Superior Fields

* This score reflects overall livability and quality of life, not just economic or military strength

GDP Comparison

Total GDP

$102.6B (2025)
Costa Rica
vs
$35.3B (2025)
Iceland
Difference: %191

GDP per Capita

$19,100 (2025)
Costa Rica
vs
$90,280 (2025)
Iceland
Difference: %373

Comparison Evaluation

Costa Rica Flag

Costa Rica Evaluation

While Costa Rica ranks lower overall compared to Iceland, specific areas demonstrate competitive advantages:

Costa Rica excels in: • Costa Rica has 27.6x higher population density • Costa Rica has 12.9x higher population • Costa Rica has 2.9x higher GDP • Costa Rica has 120.8x higher forest coverage
Iceland Flag

Iceland Evaluation

Iceland excels with: • Iceland has 4.7x higher GDP per capita • Iceland has 7.4x higher healthcare spending per capita • Iceland has 2.0x higher land area • Iceland has 2.2x higher internet speed

Overall Evaluation

Final Conclusion

Iceland vs. Costa Rica: The Land of Fire and Ice vs. The Land of Pura Vida

A Tale of Two Eco-Warriors, Nordic and Tropical

Comparing Iceland and Costa Rica is like comparing two champions of the environmental movement from completely different weight classes and fighting styles. Iceland is the stoic, powerful Nordic champion, a land of raw geological force that has harnessed its energy for sustainable power. Costa Rica is the vibrant, nimble tropical champion, a land of immense biodiversity that has famously abolished its army to invest in conservation and well-being. Both are small nations, global leaders in eco-tourism, but their philosophies and landscapes are worlds apart.

The Most Striking Contrasts

  • The National Motto: Iceland’s unofficial motto is "Þetta reddast" (it will all work out), a reflection of a resilient, stoic spirit. Costa Rica’s official motto is "Pura Vida" (Pure Life), a phrase that encapsulates a philosophy of easy-going optimism, gratitude, and a celebration of life.
  • The Source of Green Energy: Both are renewable energy titans. Iceland draws its power from the Earth's heat (geothermal) and its melting glaciers (hydro). Costa Rica draws its power from its abundant rivers (hydro), volcanoes (geothermal), and wind. One is powered by ice and fire; the other by rain and cloud forests.
  • Biodiversity vs. Geodiversity: Iceland is a showcase of "geodiversity"—a stunning variety of geological formations, from volcanoes to glaciers. Costa Rica is a global hotspot of "biodiversity"—though it covers just 0.03% of the planet's surface, it contains nearly 6% of the world's biodiversity, with lush rainforests, cloud forests, and teeming wildlife.
  • Military Stance: This is a defining difference. Iceland has no standing army but is a founding member of NATO. Costa Rica famously and constitutionally abolished its army in 1949, redirecting its national budget towards education, healthcare, and environmental protection.

The Quality vs. Quantity Paradox

Both nations offer an exceptionally high "quality" of life, but they define it differently. Iceland’s quality is rooted in wealth, safety, and social equality within a highly developed Nordic model. Costa Rica’s quality is rooted in well-being, a connection to nature, and a low-stress lifestyle, often ranking as one of the happiest countries on Earth despite being a middle-income nation. Iceland has achieved a higher standard of living; Costa Rica has arguably perfected a higher standard of life.

Practical Advice

If You Want to Start a Business:

  • Iceland is your choice for: High-tech, data-driven, and sustainable ventures. The infrastructure is world-class and the government is stable and transparent.
  • Costa Rica is your choice for: Eco-tourism, wellness, and sustainable agriculture. It’s the world capital of the eco-lodge, the yoga retreat, and the organic coffee farm. It’s for businesses built around the Pura Vida lifestyle.

If You Want to Settle Down:

  • Choose Iceland for: Unparalleled safety, a strong social fabric, and a quiet, introspective life surrounded by powerful, minimalist nature.
  • Choose Costa Rica for: A warm climate, a connection to vibrant nature, and a relaxed, friendly culture. It’s a haven for those looking to escape the rat race for a life of sunshine, sloths, and surfing.

The Tourist Experience

Both are premier eco-tourism destinations. An Icelandic trip involves hiking on glaciers, exploring ice caves, and watching the Northern Lights. It is an epic, elemental journey. A Costa Rican trip involves zip-lining through the cloud forest canopy, watching sea turtles nest, learning to surf, and spotting monkeys and toucans from your bungalow. It is a vibrant, immersive biological adventure.

Conclusion: Which World Do You Choose?

The choice is between two versions of a green paradise. Do you prefer the cool, stark, and powerful beauty of a geologically active island? Or the warm, lush, and life-affirming beauty of a tropical rainforest? Both nations teach a lesson on how to live in harmony with the environment, but their classrooms couldn't be more different.🏆 The Final Verdict

Winner: For economic prosperity and safety, Iceland is the winner. For happiness, biodiversity, and a lifestyle of well-being, Costa Rica is the champion. It’s a classic head vs. heart dilemma.
Practical Decision: For a stable career and a secure, progressive society, choose Iceland. For a life of adventure, nature, and a focus on wellness over wealth, Costa Rica’s Pura Vida is calling.

💡 The Surprise Fact

Both countries have famously said "no" to military force in their own unique ways. Iceland has no army. Costa Rica has no army. However, Iceland’s entire population is smaller than the number of American tourists who visit Costa Rica in a single year. It highlights their different scales of operation on the world stage.

Other Country Comparisons

Data Disclaimer: Projected data (future years) are estimates based on mathematical models. Actual values may differ. Learn about our methodology →

Data Sources

Comparison data is aggregated from multiple authoritative international organizations:

World Bank Open Data - Development and economic indicators
UN Data - Population and demographic statistics
IMF Data Portal - International financial statistics
WHO Data - Global health statistics
OECD Statistics - Economic and social data
Our Methodology - Learn how we process and analyze data

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