Population projections 2017–2066
Statistics Iceland publishes every year updated short (5 years) and long term (50 years) population projections. According to the medium projection variant, the Icelandic population will grow,
from 338 to 452 thousand persons during the next 50 years, due to both migration and natural increase. The high variant predicts a population of 531 thousand while the low variant projects to 367 thousand inhabitants. The projection variants are built according to different assumptions about economic growth, fertility and migration levels.