Finland vs Iceland: Relative poverty: Share of population below 40% of the median

Finland
3.1%
in 2023
Iceland
3.2%
in 2019
Finland rank
99th
Iceland rank
97th

Relative poverty: Share of population below 40% of the median over time

  • Finland
  • Iceland
1234198720052023

How they compare

Iceland currently reports 3.2% against 3.1% in Finland, a difference of 0.1%.

The two have swapped places 11 times across 17 shared years of data; in 2003 it was Iceland ahead.

Finland ranks 99th and Iceland ranks 97th of 120 countries.

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

Head to head by decade

Decade Finland Iceland Difference Ahead
2000s 2.7% 3.0% 0.3% Iceland
2010s 2.9% 3.0% 0.1% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher relative poverty: share of population below 40% of the median, Finland or Iceland?
Iceland, at 3.2% against 3.1% in Finland as of 2019.
What is the difference in relative poverty: share of population below 40% of the median between Finland and Iceland?
0.1%, with Iceland ahead.
How many years of comparable data are there for Finland and Iceland?
17 years are reported by both, from 2003 to 2019.
How do Finland and Iceland rank globally for relative poverty: share of population below 40% of the median?
Finland ranks 99th and Iceland ranks 97th 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 Relative poverty: Share of population below 40% of the median. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Iceland: Relative poverty: Share of population below 40% of the median. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 11 September 2026, from https://poverty.statizoid.com/compare/relative-poverty-share-of-people-below-40-of-the-median/finland/iceland/

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<a href="https://poverty.statizoid.com/compare/relative-poverty-share-of-people-below-40-of-the-median/finland/iceland/">Finland vs Iceland: Relative poverty: Share of population below 40% of the median</a> — Statizoid

About this data

Indicator
Relative poverty: Share of population below 40% of the median
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% of the median.