Albania vs Iceland: Total shortfall from extreme poverty

Albania
976,820 international-$ in 2021 prices
in 2020
Iceland
219,746 international-$ in 2021 prices
in 2019
Albania rank
109th
Iceland rank
111th

Total shortfall from extreme poverty over time

  • Albania
  • Iceland
05.0M10.0M15.0M20.0M25.0M199620082020

How they compare

Albania currently reports 976,820 international-$ in 2021 prices against 219,746 international-$ in 2021 prices in Iceland, a difference of 757,074 international-$ in 2021 prices.

That makes Albania's figure about 4.4 times Iceland's.

Across all 9 years both countries report, Albania has been ahead every year.

Albania ranks 109th and Iceland ranks 111th of 120 countries.

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

Head to head by decade

Decade Albania Iceland Difference Ahead
2000s 8.89 million international-$ in 2021 prices 115,215 international-$ in 2021 prices 8.77 million international-$ in 2021 prices Albania
2010s 6.99 million international-$ in 2021 prices 142,719 international-$ in 2021 prices 6.85 million international-$ in 2021 prices Albania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total shortfall from extreme poverty, Albania or Iceland?
Albania, at 976,820 international-$ in 2021 prices against 219,746 international-$ in 2021 prices in Iceland as of 2020.
What is the difference in total shortfall from extreme poverty between Albania and Iceland?
757,074 international-$ in 2021 prices, with Albania ahead.
How many years of comparable data are there for Albania and Iceland?
9 years are reported by both, from 2005 to 2019.
How do Albania and Iceland rank globally for total shortfall from extreme poverty?
Albania ranks 109th and Iceland ranks 111th 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 Total shortfall from extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Iceland: Total shortfall from extreme poverty. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/compare/total-shortfall-from-extreme-poverty/albania/iceland/

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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, 2,152 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.