The population of Iceland is expected to grow by 3,000 in 2019 and reach 344,000 in 2020. Migration (including immigration and emigration) increases population by 380 people yearly. On average there are 4,356 births and 2,260 deaths in Iceland per year. Rate of natural increase is approximately 0.61 percent per year. The population density of Iceland has changed from 2.3 in 1980 to 3.3 in 2017.
| Current population | 343,622 people at present (Wednesday 23rd of October 2019) | |
| Median Age | 38.4 years |
| Life expectancy | 83.3 years | |
| Population density | 3.4 per km2 |
| Year | Population | Year change | Migrants | Median age | Fertility rate | Density (Ppl/km2) | Urban population |
|---|---|---|---|---|---|---|---|
| 2019 | 342,000 | 3,000 (0.9%) | 380 | 38.4 | 1.90 | 3 | 323,000 (94.5%) |
| 2018 | 339,000 | 2,000 (0.6%) | 380 | 38.1 | 1.91 | 3 | 320,000 (94.4%) |
| 2017 | 337,000 | 2,748 (0.8%) | 380 | 38.0 | 1.92 | 3 | 318,000 (94.3%) |
| 2016 | 334,252 | 3,437 (1.0%) | 380 | 37.7 | 1.92 | 3 | 314,966 (94.2%) |
| 2015 | 330,815 | 3,429 (1.0%) | 380 | 37.5 | 1.93 | 3 | 311,419 (94.1%) |
| 2010 | 318,041 | -458 (-0.1%) | -433 | 36.4 | 2.20 | 3 | 297,763 (93.6%) |
| 2005 | 296,734 | 4,660 (1.6%) | 2,401 | 35.8 | 2.05 | 3 | 276,072 (93.0%) |
| 2000 | 281,205 | 3,824 (1.4%) | 588 | 34.6 | 2.08 | 3 | 259,836 (92.4%) |
| 1995 | 267,468 | 1,447 (0.5%) | 204 | 33.7 | 2.08 | 3 | 245,081 (91.6%) |
| 1990 | 254,826 | 1,974 (0.8%) | -211 | 33.0 | 2.30 | 3 | 231,255 (90.8%) |
| 1985 | 241,405 | 1,894 (0.8%) | 129 | 32.2 | 1.93 | 2 | 216,226 (89.6%) |
| 1980 | 228,138 | 2,403 (1.1%) | 52 | 31.4 | 2.48 | 2 | 201,355 (88.3%) |
| 1975 | 217,979 | 2,770 (1.3%) | -786 | 30.5 | 2.65 | 2 | 188,920 (86.7%) |
| 1970 | 204,438 | 1,069 (0.5%) | -212 | 29.8 | 2.81 | 2 | 173,568 (84.9%) |
| 1965 | 192,286 | 3,303 (1.7%) | -551 | 29.3 | 3.73 | 2 | 159,059 (82.7%) |
| 1960 | 175,574 | 3,455 (1.9%) | -146 | 29.3 | 4.29 | 2 | 140,986 (80.3%) |
In 2018 the population of Iceland was 339,000 and the average age increased from 29.3 in 1960 to 38.1. Urban population has increased from 259,836 (92.4%) in 2000 to 323,000 (94.5%) in the current year. The population density of Iceland has changed from 2.3 in 1980 to 3.3 in 2017.
| Year | Population | Year change | Migrants | Median age | Fertility rate | Density (Ppl/km2) | Urban population |
|---|---|---|---|---|---|---|---|
| 2020 | 344,000 | 2,000 (0.6%) | 380 | 38.6 | 1.90 | 3 | 326,000 (94.6%) |
| 2025 | 356,000 | 2,000 (0.6%) | 380 | 39.7 | 1.86 | 4 | 338,000 (94.9%) |
| 2030 | 366,000 | 1,000 (0.3%) | 380 | 40.8 | 1.83 | 4 | 349,000 (95.2%) |
| 2035 | 374,000 | 1,000 (0.3%) | 380 | 42.0 | 1.81 | 4 | 357,000 (95.5%) |
| 2040 | 380,000 | 1,000 (0.3%) | 380 | 42.9 | 1.79 | 4 | 364,000 (95.7%) |
| 2045 | 385,000 | 1,000 (0.3%) | 380 | 43.5 | 1.78 | 4 | 369,000 (95.9%) |
| 2050 | 388,000 | 0 (0.0%) | 380 | 44.1 | 1.78 | 4 | 373,000 (96.1%) |
Total Iceland population should reach 344,000 by 2020 and should increase to 388,000 people by year 2050. The life expectancy at birth should reach 87.2 (86.2 years for male and 88.2 years for females). Population density will go up to 3.9 people per square kilometer.
The population growth rate is 0.88% (2,000 residents, including 2,226 deaths). The demographics of Iceland constitutes of 170,000 women and 172,000 men, which means there are 1,012 men per 1000 women. As far as age distribution goes, 26.3% of population (90,083) is 19 or younger, 58.5% of population (200,070) is between age 20 and 64 and 15.2% of population (51,916) is over 65.