Greenland vs. Iceland: What’s the Difference?

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Greenland vs Iceland compared by size, population, climate, and GDP, showing how two nearby islands differ dramatically.

Greenland vs. Iceland: What’s the Difference?

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Key Takeaways

  • Greenland is more than 20 times larger than Iceland by land area, yet has a population one-seventh the size.
  • Iceland outperforms Greenland economically, with a much higher GDP, longer life expectancy, and a more diversified economy.

Iceland and Greenland are often confused due to their similar names, but they differ dramatically in geography, climate, population, and political status.

This map compares the two islands across a variety of fundamental metrics. Despite being located just a few hundred miles apart in the North Atlantic, the two places differ dramatically in scale and development.

The data for this visualization comes from Wikipedia, and the World Bank.

A Vast Size Gap, With Very Different Populations

Greenland is enormous, covering 2.16 million square kilometers—roughly the combined area of Texas, California, and Montana.

Iceland, by comparison, spans just over 103,000 square kilometers, similar in size of Kentucky. Yet Greenland is home to only 57,000 people, while Iceland’s population is nearly 393,000.

Category 🇬🇱 Greenland 🇮🇸 Iceland
Local name Kalaallit Nunaat Ísland
Land area 2.16 million km² 103,125 km²
Avg Annual Temp −1°C / 30°F 5° / 41°F
Population 57K 393K
Capital Nuuk Reykjavík
Political status Territory of Denmark Sovereign nation
Ice coverage (land area) 80% 11%
GDP (USD, 2023) $3.3B $33.3B
GDP per capita (USD, nominal, 2023) $58K $82K
Life expectancy 72 years 83 years
Economy Fisheries, public administration, subsidies from Denmark Fisheries, tourism, aluminum smelting, data centers
Resources Minerals, fish Geothermal power, hydropower, fish

Iceland is “Greener” than Greenland

Contrary to what their names suggest, Iceland has a much milder climate and far less ice coverage.

About 11% of Iceland’s land area is covered by ice, compared with roughly 80% of Greenland.

According to medieval sagas, Viking explorer Erik the Red named the icy island “Greenland” around 985 AD to make it sound more appealing to settlers from overcrowded Iceland. Today, Iceland’s average annual temperature sits around 5°C, while Greenland averages closer to −1°C.

Economic Output and Living Standards

Iceland’s economy is significantly larger and more diversified. In 2023, its GDP reached $33.3 billion, compared with Greenland’s $3.3 billion. On a per-capita basis, Iceland also comes out ahead, with nominal GDP per person around $82,000 versus $58,000 in Greenland.

Life expectancy reflects this gap as well, at 83 years in Iceland—among the highest globally—compared with 72 years in Greenland.

Iceland’s economy benefits from geothermal power, tourism, aluminum smelting, and data centers, while Greenland relies more heavily on fisheries and subsidies from Denmark, despite vast mineral resources.

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