Population of Cities in Iceland (2020)
Iceland is the 108th largest country in the world by area, and as of 2016, the country is still climbing toward the 500,000 population milestone. Because its total population has not exceeded one million or even 500,000, its largest city's population does not compare to many of the megacities found in countries around the world. Reykjavik is the largest Icelandic city, contributing over 100,000 people to the total population of the country. Iceland also has four cities that each boast populations between 10,000 and 100,000 residents. Iceland also has many cities with populations around 1,000, which it has smaller towns and villages that have populations of less than 100 people. For governmental administration, the country has been divided into eight regions: Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir and Vesturland.
Over 95% of the population lives in Iceland's urban areas. The remaining percentage of residents live in rural Iceland, a number that is expected to only decrease in the years to come as more people flock toward the industries, entertainment and sights that the cities have to offer. The economic crisis of 2008 had a major impact on the people of Iceland, but th country is expected to bounce back and continue slow but steady growth throughout its major cities in the years to come.