According to the latest United Nations data, the population of Iceland as of January 1, 2023, is 387,758, which is an increase of 3.1% from the previous year. However, as of October 22, 2023, the population is estimated to be 376,050. The population of Iceland has been increasing since the mid-19th century, from about 60,000 in 1850 to 376,248 in January 2022. As of 2022, the Icelandic population was just over 376,000, with about 86,000 residents (23.7%) being of foreign background. About 99% of the nations inhabitants live in urban areas.