Canada vs Iceland: Poverty: Share of population living on less than $40 a day

Canada
18.9%
in 2022
Iceland
16.6%
in 2019
Canada rank
112th
Iceland rank
114th

Poverty: Share of population living on less than $40 a day over time

  • Canada
  • Iceland
204060197119962022

How they compare

Canada currently reports 18.9% against 16.6% in Iceland, a difference of 2.3%.

That makes Canada's figure about 1.1 times Iceland's.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Canada ahead.

Canada ranks 112th and Iceland ranks 114th of 120 countries.

Canada has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada Iceland Difference Ahead
2000s 30.9% 26.7% 4.2% Canada
2010s 24.4% 24.3% 0.2% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher poverty: share of population living on less than $40 a day, Canada or Iceland?
Canada, at 18.9% against 16.6% in Iceland as of 2022.
What is the difference in poverty: share of population living on less than $40 a day between Canada and Iceland?
2.3%, with Canada ahead.
How many years of comparable data are there for Canada and Iceland?
17 years are reported by both, from 2003 to 2019.
How do Canada and Iceland rank globally for poverty: share of population living on less than $40 a day?
Canada ranks 112th and Iceland ranks 114th of 120 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Poverty: Share of population living on less than $40 a day. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: Poverty: Share of population living on less than $40 a day. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 05 September 2026, from https://poverty.statizoid.com/compare/poverty-share-of-population-living-on-less-than-40-a-day/canada/iceland/

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<a href="https://poverty.statizoid.com/compare/poverty-share-of-population-living-on-less-than-40-a-day/canada/iceland/">Canada vs Iceland: Poverty: Share of population living on less than $40 a day</a> — Statizoid

About this data

Indicator
Poverty: Share of population living on less than $40 a day
Unit
%
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

Percentage of population living in households with an income or consumption below $40 per day.