Cyprus vs Iceland: Total shortfall from extreme poverty

Cyprus
104,217 international-$ in 2021 prices
in 2023
Iceland
219,746 international-$ in 2021 prices
in 2019
Cyprus rank
114th
Iceland rank
112th

Total shortfall from extreme poverty over time

  • Cyprus
  • Iceland
0500.0k1.0M1.5M2.0M200320132023

How they compare

Iceland currently reports 219,746 international-$ in 2021 prices against 104,217 international-$ in 2021 prices in Cyprus, a difference of 115,529 international-$ in 2021 prices.

That makes Iceland's figure about 2.1 times Cyprus's.

The two have swapped places 8 times across 16 shared years of data; in 2004 it was Cyprus ahead.

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

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

Head to head by decade

Decade Cyprus Iceland Difference Ahead
2000s 377,401 international-$ in 2021 prices 204,878 international-$ in 2021 prices 172,523 international-$ in 2021 prices Cyprus
2010s 478,871 international-$ in 2021 prices 189,013 international-$ in 2021 prices 289,857 international-$ in 2021 prices Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total shortfall from extreme poverty, Cyprus or Iceland?
Iceland, at 219,746 international-$ in 2021 prices against 104,217 international-$ in 2021 prices in Cyprus as of 2019.
What is the difference in total shortfall from extreme poverty between Cyprus and Iceland?
115,529 international-$ in 2021 prices, with Iceland ahead.
How many years of comparable data are there for Cyprus and Iceland?
16 years are reported by both, from 2004 to 2019.
How do Cyprus and Iceland rank globally for total shortfall from extreme poverty?
Cyprus ranks 114th and Iceland ranks 112th 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.

Individual pages

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, 2,148 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.