Poverty & Inequality in Iceland 21 indicators covering poverty & inequality for Iceland. IndicatorLatest Year10-yr change Rank Poverty headcount ratio at $8.30 a day (2021 PPP) 0.4% 2019 up 33.3% 111th Poverty headcount ratio at $4.20 a day (2021 PPP) 0.1% 2019 unchanged 111th Poverty headcount ratio at $3.00 a day (2021 PPP) 0.1% 2019 unchanged 101st Poverty gap at $3.00 a day (2021 PPP) 0.1% 2019 unchanged 89th Prosperity gap 0.6 average shortfall from a prosperity standard of $28/day 2019 unchanged 113th Poverty gap at $8.30 a day (2021 PPP) 0.2% 2019 up 100.0% 110th Poverty headcount ratio at societal poverty line 7.4% 2019 down 6.3% 119th Poverty gap at $4.20 a day (2021 PPP) 0.1% 2019 unchanged 98th Population living in slums 0.0% 2022 — 158th Income share held by second 20% 14.3% 2019 up 3.6% 8th Gini index 26.8 2019 down 6.6% 109th Income share held by lowest 20% 9.4% 2019 up 3.3% 12th Income share held by lowest 10% 3.7% 2019 unchanged 14th Income share held by highest 10% 22.4% 2019 down 6.7% 109th Income share held by highest 20% 36.3% 2019 down 4.7% 111th Income share held by fourth 20% 22.2% 2019 up 1.8% 59th Income share held by third 20% 17.9% 2019 up 3.5% 10th Proportion of people living below 50 percent of median income 6.3% 2019 down 10.0% 110th Share of population living in extreme poverty vs. GDP per capita 0.1% 2019 down 17.8% 107th Poverty headcount ratio at national poverty lines 8.8% 2017 down 12.9% 59th Multidimensional poverty headcount ratio (World Bank) 0.1% 2019 down 50.0% 59th