Iceland vs Malaysia: Total shortfall from extreme poverty
Total shortfall from extreme poverty over time
- Iceland
- Malaysia
How they compare
Malaysia currently reports 275,677 international-$ in 2021 prices against 219,746 international-$ in 2021 prices in Iceland, a difference of 55,931 international-$ in 2021 prices.
That makes Malaysia's figure about 1.3 times Iceland's.
Across all 7 years both countries report, Malaysia has been ahead every year.
Iceland ranks 111th and Malaysia ranks 110th of 120 countries.
Malaysia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 164,741 international-$ in 2021 prices | 125.56 million international-$ in 2021 prices | 125.39 million international-$ in 2021 prices | Malaysia |
| 2010s | 303,913 international-$ in 2021 prices | 7.31 million international-$ in 2021 prices | 7.01 million international-$ in 2021 prices | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total shortfall from extreme poverty, Iceland or Malaysia?
- Malaysia, at 275,677 international-$ in 2021 prices against 219,746 international-$ in 2021 prices in Iceland as of 2021.
- What is the difference in total shortfall from extreme poverty between Iceland and Malaysia?
- 55,931 international-$ in 2021 prices, with Malaysia ahead.
- How many years of comparable data are there for Iceland and Malaysia?
- 7 years are reported by both, from 2003 to 2018.
- How do Iceland and Malaysia rank globally for total shortfall from extreme poverty?
- Iceland ranks 111th and Malaysia ranks 110th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) β 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
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.