Income share held by highest 20% in Iceland
Iceland: Income share held by highest 20% was 36.3% in 2019. ▼ Falling
Income share held by highest 20% in Iceland, 2003–2019
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
Iceland recorded 36.3% for income share held by highest 20% in 2019.
The figure is up 1.4% on the previous year and down 4.7% over ten years.
Over the whole period, income share held by highest 20% in Iceland peaked at 40.8% in 2008 and was at its lowest, 35.3%, in 2013.
That places Iceland 111th out of 121 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.6% | 36.6% | 40.8% | 7 |
| 2010s | 36.2% | 35.3% | 37.3% | 10 |
Countries ranked near Iceland
More poverty & inequality data for Iceland
- Poverty headcount ratio at $8.30 a day (2021 PPP) 0.4% (2019)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.1% (2019)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.1% (2019)
- Poverty gap at $3.00 a day (2021 PPP) 0.1% (2019)
- Prosperity gap 0.6 average shortfall from a prosperity standard of $28/day (2019)
- Poverty gap at $8.30 a day (2021 PPP) 0.2% (2019)
- Poverty headcount ratio at societal poverty line 7.4% (2019)
- Poverty gap at $4.20 a day (2021 PPP) 0.1% (2019)
- Population living in slums 0.0% (2022)
- Income share held by second 20% 14.3% (2019)
Frequently asked questions
- What is income share held by highest 20% in Iceland?
- Income share held by highest 20% in Iceland was 36.3% in 2019, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Iceland?
- The highest recorded value was 40.8% in 2008.
- What is the lowest income share held by highest 20% recorded in Iceland?
- The lowest recorded value was 35.3% in 2013.
- How does Iceland rank for income share held by highest 20%?
- Iceland ranks 111th out of 121 countries with data for 2019.
- Is income share held by highest 20% rising or falling in Iceland?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.