Estonia vs Iceland: Human capital
Estonia
186.48 billion real chained 2019 US$
in 2020
Iceland
215.10 billion real chained 2019 US$
in 2020
Estonia rank
85th
Iceland rank
84th
Human capital over time
- Estonia
- Iceland
How they compare
Iceland currently reports 215.10 billion real chained 2019 US$ against 186.48 billion real chained 2019 US$ in Estonia, a difference of 28.62 billion real chained 2019 US$.
That makes Iceland's figure about 1.2 times Estonia's.
The two have swapped places 3 times across 26 shared years of data; in 1995 it was Estonia ahead.
Estonia ranks 85th and Iceland ranks 84th of 150 countries.
Across the 4 decades both report, Estonia averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Estonia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 142.18 billion real chained 2019 US$ | 124.19 billion real chained 2019 US$ | 17.98 billion real chained 2019 US$ | Estonia |
| 2000s | 150.47 billion real chained 2019 US$ | 149.51 billion real chained 2019 US$ | 959.00 million real chained 2019 US$ | Estonia |
| 2010s | 163.82 billion real chained 2019 US$ | 180.45 billion real chained 2019 US$ | 16.62 billion real chained 2019 US$ | Iceland |
| 2020s | 186.48 billion real chained 2019 US$ | 215.10 billion real chained 2019 US$ | 28.62 billion real chained 2019 US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher human capital, Estonia or Iceland?
- Iceland, at 215.10 billion real chained 2019 US$ against 186.48 billion real chained 2019 US$ in Estonia as of 2020.
- What is the difference in human capital between Estonia and Iceland?
- 28.62 billion real chained 2019 US$, with Iceland ahead.
- How many years of comparable data are there for Estonia and Iceland?
- 26 years are reported by both, from 1995 to 2020.
- How do Estonia and Iceland rank globally for human capital?
- Estonia ranks 85th and Iceland ranks 84th of 150 countries.
- Where does this data come from?
- World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as Human capital (real chained 2019 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.