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Iceland · Income & inequality

Living standards, poverty and distribution.

10 indicators · 10 with data

Income

GNI per capita

current US$

4th of 182 · 4th in Europe & C. Asia
GNI per capitaIceland's gni per capita rose from US$27.8k in 1996 to US$89.2k in 2025.200020052010201520202025US$20kUS$40kUS$60kUS$80kUS$100kUS$89.2k

Iceland's gni per capita rose from US$27.8k in 1996 to US$89.2k in 2025.

GNI per capita, PPP (current international $)

current international $

12th of 181 · 7th in Europe & C. Asia
GNI per capita, PPP (current international $)Iceland's gni per capita, ppp (current international $) rose from intl $25k in 1996 to intl $83.3k in 2025.200020052010201520202025intl $0intl $20kintl $40kintl $60kintl $80kintl $100kintl $83.3k

Iceland's gni per capita, ppp (current international $) rose from intl $25k in 1996 to intl $83.3k in 2025.

Median equivalised net household income

euro (PPS)

6th of 35 · 6th in Europe & C. Asia*
Median equivalised net household incomeIceland's median equivalised net household income rose from PPS 16.2k in 2004 to PPS 22.6k in 2020.2005201020152020PPS 14kPPS 16kPPS 18kPPS 20kPPS 22kPPS 24kPPS 26kPPS 22.6k

Iceland's median equivalised net household income rose from PPS 16.2k in 2004 to PPS 22.6k in 2020.

Household consumption per capita (constant 2015 US$)

constant 2015 US$

5th of 129 · 4th in Europe & C. Asia
Household consumption per capita (constant 2015 US$)Iceland's household consumption per capita (constant 2015 us$) rose from US$19.8k in 1996 to US$31.4k in 2025.200020052010201520202025US$15kUS$20kUS$25kUS$30kUS$35kUS$31.4k

Iceland's household consumption per capita (constant 2015 us$) rose from US$19.8k in 1996 to US$31.4k in 2025.

Inequality

Gini index

index (0 = perfect equality, 100 = perfect inequality)

7th of 78 · 7th in Europe & C. Asia*
Gini indexIceland's gini index was 26.8 in 2003 and 26.8 in 2019.20052010201524262830323426.8

Iceland's gini index was 26.8 in 2003 and 26.8 in 2019.

Income share held by highest 10%

% of income

9th of 78 · 9th in Europe & C. Asia*
Income share held by highest 10%Iceland's income share held by highest 10% fell from 22.6 % in 2003 to 22.4 % in 2019.20052010201520%22%24%26%28%22.4 %

Iceland's income share held by highest 10% fell from 22.6 % in 2003 to 22.4 % in 2019.

Income share held by lowest 20%

% of income

11th of 78 · 10th in Europe & C. Asia*
Income share held by lowest 20%Iceland's income share held by lowest 20% fell from 9.5 % in 2003 to 9.4 % in 2019.2005201020158%9%9%10%10%9.4 %

Iceland's income share held by lowest 20% fell from 9.5 % in 2003 to 9.4 % in 2019.

Poverty

Extreme poverty

% of population

9th of 78 · 7th in Europe & C. Asia*
Extreme povertyIceland's extreme poverty rose from 0.0 % in 2003 to 0.1 % in 2019.2005201020150%0.1%0.2%0.3%0.1 %

Iceland's extreme poverty rose from 0.0 % in 2003 to 0.1 % in 2019.

Poverty headcount ratio at national poverty lines

% of population

6th of 53 · 2nd in Europe & C. Asia*
Poverty headcount ratio at national poverty linesIceland's poverty headcount ratio at national poverty lines fell from 10.0 % in 2003 to 8.8 % in 2017.20042006200820102012201420168%9%10%8.8 %

Iceland's poverty headcount ratio at national poverty lines fell from 10.0 % in 2003 to 8.8 % in 2017.

At-risk-of-poverty rate

% of population

1st of 35 · 1st in Europe & C. Asia*
At-risk-of-poverty rateIceland's at-risk-of-poverty rate fell from 10.0 % in 2004 to 7.4 % in 2022.20052010201520207%8%9%10%7.4 %

Iceland's at-risk-of-poverty rate fell from 10.0 % in 2004 to 7.4 % in 2022.

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