Armenia vs Iceland: Gini coefficient

Armenia

0.2744

in 2024

Iceland

0.268

in 2019

Armenia rank

106th

Iceland rank

109th

Gini coefficient over time

Armenia currently reports 0.2744 against 0.268 in Iceland, a difference of 0.0064.

The two have swapped places 4 times across 17 shared years of data; in 2003 it was Armenia ahead.

Armenia ranks 106th and Iceland ranks 109th of 120 countries.

Indicator: Gini coefficient
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 120 places, 2,148 data points, 1963–2025
Last refreshed: 07 August 2026

The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.