Ilovik is located in the City of Mali Lošinj, in Primorje-Gorski Kotar County at an elevation of 2 meters above sea level and it covers the area of 6.04 km² (2.33 sq. miles). According to the 2011 census report, there were 78 inhabitants. It is predominantly populated by Croats (98%), but also. Nearby places: Veli Lošinj, Mali Lošinj, Premuda, Silba, Ćunski, Susak, Punta Križa, Male Srakane, Olib and Vele Srakane.