Iceland vs Madagascar Comparison

Country Comparison
Iceland Flag

Iceland

398.3K (2025)

VS
Madagascar Flag

Madagascar

32.7M (2025)

Comprehensive comparison across 9 categories and 44 indicators

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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.)
Madagascar Flag

Madagascar

Population: 32.7M (2025) Area: 587K km² GDP: $18.7B (2025)
Capital: Antananarivo
Continent: Africa
Official Languages: Malagasy, French
Currency: MGA
HDI: 0.487 (183.)

Geography and Demographics

Iceland
Madagascar
Area
103K km²
587K km²
Total population
398.3K (2025)
32.7M (2025)
Population density
3.8 people/km² (2025)
53.6 people/km² (2025)
Average age
36.2 (2025)
19.2 (2025)

Economy and Finance

Iceland
Madagascar
Total GDP
$35.3B (2025)
$18.7B (2025)
GDP per capita
$90,280 (2025)
$595 (2025)
Inflation rate
3.5% (2025)
8.4% (2025)
Growth rate
2.0% (2025)
3.9% (2025)
Minimum wage
No data
$55 (2024)
Tourism revenue
$2.8B (2025)
$200M (2025)
Unemployment rate
3.1% (2025)
2.9% (2025)
Public debt
60.3% (2025)
37.1% (2025)
Trade balance
-$449 (2025)
-$245 (2025)

Quality of Life and Health

Iceland
Madagascar
Human development
0.972 (1.)
0.487 (183.)
Happiness index
7,515 (3.)
4,157 (130.)
Health Exp. per Cap. ($)
$7.2K (9%)
$16 (3%)
Life expectancy
83.2 (2025)
64 (2025)
Safety index
94.5 (2.)
54.1 (139.)

Education and Technology

Iceland
Madagascar
Education Exp. (% GDP)
6.9% (2025)
2.9% (2025)
Literacy rate
No data
76.1% (2025)
Primary school completion
No data
76.1% (2025)
Internet usage
100.0% (2025)
24.3% (2025)
Internet speed
306.22 Mbps (5.)
31.31 Mbps (124.)

Environment and Sustainability

Iceland
Madagascar
Renewable energy
95.9% (2025)
29.2% (2025)
Carbon emissions per capita
3 kg per capita (2025)
4 kg per capita (2025)
Forest area
0.5% (2025)
21.3% (2025)
Freshwater resources
170 km³ (2025)
337 km³ (2025)
Air quality
4.55 µg/m³ PM2.5 (2025)
12.38 µg/m³ PM2.5 (2025)

Military Power

Iceland
Madagascar
Military expenditure
$0 (2025)
$131.3M (2025)
Military power rank
21 (169.)
673 (126.)

Governance and Politics

Iceland
Madagascar
Democracy index
9.38 (2024)
5.33 (2024)
Corruption perception
75 (18.)
26 (144.)
Political stability
1.2 (28.)
-0.7 (136.)
Press freedom
79.4 (15.)
55 (78.)

Infrastructure and Services

Iceland
Madagascar
Clean water access
100.0% (2025)
53.4% (2025)
Electricity access
100.0% (2025)
41.6% (2025)
Electricity price
0.07 $/kWh (2025)
0.13 $/kWh (2025)
Paved Roads
37 % (2025)
No data
Traffic deaths (per 100K)
0.45 /100K (2025)
30.7 /100K (2025)
Retirement age
67 (2025)
60 (2025)

Tourism and International Relations

Iceland
Madagascar
Passport power
88.22 (2025)
40.7 (2025)
Tourist arrivals
488K (2020)
87.1K (2020)
Tourism revenue
$2.8B (2025)
$200M (2025)
World heritage sites
3 (2025)
3 (2025)

Comparison Result

Iceland
Iceland Flag
27.5

Superior Fields

Leader
Iceland
Madagascar
Madagascar Flag
12.5

Superior Fields

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

GDP Comparison

Total GDP

$35.3B (2025)
Iceland
vs
$18.7B (2025)
Madagascar
Difference: %89

GDP per Capita

$90,280 (2025)
Iceland
vs
$595 (2025)
Madagascar
Difference: %15073

Comparison Evaluation

Iceland Flag

Iceland Evaluation

Primary strengths of Iceland: • Iceland has 151.7x higher GDP per capita • Iceland has 449.8x higher healthcare spending per capita • Iceland has 9.8x higher internet speed • Iceland has 2.9x higher corruption perception index
Madagascar Flag

Madagascar Evaluation

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

Key advantages for Madagascar: • Madagascar has 82.2x higher population • Madagascar has 14.1x higher population density • Madagascar has 5.7x higher land area • Madagascar has 42.6x higher forest coverage

Overall Evaluation

Final Conclusion

Iceland vs. Madagascar: The Volcanic Outlier and the Evolutionary Island

A Tale of Geological Oddity vs. Biological Uniqueness

Pitting Iceland against Madagascar is a matchup of two of the world's most fascinating islands, each a world unto itself. Iceland is a "geological outlier," a volcanic hotspot sitting astride a tectonic rift, making it a young, raw, and dynamic piece of land unlike anywhere else in Europe. Madagascar is an "evolutionary island," the world’s fourth-largest island, which broke off from Africa and India millions of years ago, allowing its flora and fauna to evolve in complete isolation. One island tells the story of the Earth’s formation; the other tells the story of life’s unique evolution.

The Most Striking Contrasts

  • The Source of Uniqueness: Iceland’s uniqueness is geological. Its volcanoes, geysers, and glaciers are a direct result of its position on the Mid-Atlantic Ridge. Madagascar’s uniqueness is biological. Around 90% of its wildlife is found nowhere else on Earth, from its famous lemurs to its bizarre chameleons and towering baobab trees.
  • Age and History: Iceland is geologically a baby, formed only millions of years ago, and settled by humans just over a thousand years ago. Madagascar is an ancient piece of the Gondwana supercontinent, with a complex human history of settlers arriving from both Southeast Asia (Borneo) and mainland Africa.
  • Landscape and Climate: Iceland is a subarctic island of fire and ice, with a stark, minimalist beauty. Madagascar is a vast island of incredible diversity, with tropical rainforests on one side, arid deserts on another, and a central highland plateau.
  • Economic Status: Iceland is a highly developed, high-income nation. Madagascar is one of the poorest countries in the world, with an economy based on agriculture (vanilla, cloves), mining, and a growing but underdeveloped eco-tourism sector.

Practical Advice

If You Want to Start a Business:

  • Choose Iceland for: A stable, advanced, and predictable market. Tech, green energy, and high-end tourism are its strengths.
  • Choose Madagascar for: Niche opportunities in a frontier market. Eco-tourism, sustainable agriculture (especially high-value products like vanilla), and mining are the key sectors, but require navigating significant poverty and infrastructure challenges.

If You Want to Settle Down:

  • Iceland is your fit if: You prioritize safety, order, a high standard of living, and a cool climate.
  • Madagascar is your fit if: You are an aid worker, a conservation biologist, or an adventurous entrepreneur. It offers an incredibly rich cultural and natural experience but requires resilience to cope with widespread poverty and a lack of modern amenities.

The Tourism Experience

Both are bucket-list destinations. An Icelandic trip is about experiencing epic, raw geological forces. A Malagasy trip is like stepping into a real-life fantasy world of unique creatures and bizarre landscapes. It’s the ultimate destination for wildlife lovers and those seeking a truly different kind of adventure.

Conclusion: Which World Do You Choose?

Both islands are treasures, but for very different reasons. Iceland is a pristine, well-managed monument to the planet’s geological power. Madagascar is a fragile, living museum of evolution, a place of irreplaceable biodiversity facing immense challenges. One is a model of how to build a modern society in a harsh land. The other is a frontline in the global battle to protect our planet’s natural heritage.

🏆 The Final Verdict

Winner: For quality of life and economic stability, Iceland is the clear winner. For biodiversity and a unique natural world, Madagascar is priceless and unparalleled.

Practical Decision: Choose Iceland for a secure and prosperous life. Choose Madagascar for the adventure of a lifetime, or a career dedicated to conservation and development. Iceland is about a powerful place; Madagascar is about precious life.

💡 Surprising Fact

The people of Madagascar, the Malagasy, are primarily of Austronesian descent, meaning their ancestors sailed across the Indian Ocean from the island of Borneo (in modern-day Indonesia/Malaysia) over 1,500 years ago. This makes them genetically and linguistically distinct from mainland Africans.

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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