On the 1st of January 2017 the population of Iceland was 338,349, the population growth with respect to 1st of January 2016 being 1.8% or 5,820 individuals. The population declined only in the Westfjords which lost 0.2% of its population in 2016. All other regions experienced a population increase. The region of Southwest gained proportionally the most (6.6%), followed by the South (2.1%) and the capital region (1.5%).