How does Iceland rank for income inequality: gini coefficient before and after tax?

Iceland ranks 32nd out of 35 countries with data for 2018.

Where does this Iceland data come from?

The figures come from World Bank – processed by Our World in Data, published as part of Income inequality: Gini coefficient before and after tax. Statizoid updates them automatically from the source API.

Income inequality: Gini coefficient before and after tax in Iceland

Name: Income inequality: Gini coefficient before and after tax in Iceland
Creator: World Bank – processed by Our World in Data
License: CC BY 4.0 (Our World in Data)

Iceland: Income inequality: Gini coefficient before and after tax was 0.2% in 2018. ▲ Rising

Latest (2018)

0.2%

Change on year

down 5.0%

World rank

32nd

of 35 countries

All-time high

0.3%

in 2017

All-time low

0.2%

in 2014

Years of data

2014–2018

Income inequality: Gini coefficient before and after tax in Iceland, 2014–2018

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

In 2018, income inequality: gini coefficient before and after tax in Iceland stood at 0.2%.

That represents a change of down 5.0% on the previous year and up 2.7% over five years.

Iceland ranks 32nd of 35 countries on this measure, in the bottom quarter.

Countries ranked near Iceland

29 Poland 0.3% compare
30 Denmark 0.3% compare
31 Belgium 0.3% compare
33 Slovenia 0.2% compare
34 Czechia 0.2% compare
35 Slovakia 0.2% compare

See the full ranking of 35 places →

More poverty & inequality data for Iceland

Number of income/consumption surveys in the past decade available via the World Bank 4 surveys (2025)
Fertility rate vs. share living in extreme poverty 1.54 live births per woman (2023)
Cereal yield vs. share in extreme poverty 2,430 kg per hectare (2023)
Tax revenue as share of GDP vs. income inequality 35.6% (2023)
Gender Inequality Index 0.024 (2023)
Share of government consumption in GDP vs. share of population living in extreme poverty 24.8% (2023)
Lifespan inequality: Gini coefficient in women 0.0701 (2023)
Lifespan inequality: Gini coefficient by sex 0.0701 (2023)
Lifespan inequality: Gini coefficient in men 0.0858 (2023)
Income inequality: Atkinson index 0.1068 (2023)

All data for Iceland →

Frequently asked questions

What is income inequality: gini coefficient before and after tax in Iceland?: Income inequality: gini coefficient before and after tax in Iceland was 0.2% in 2018, according to World Bank – processed by Our World in Data.
What is the highest income inequality: gini coefficient before and after tax recorded in Iceland?: The highest recorded value was 0.3% in 2017.
What is the lowest income inequality: gini coefficient before and after tax recorded in Iceland?: The lowest recorded value was 0.2% in 2014.
How does Iceland rank for income inequality: gini coefficient before and after tax?: Iceland ranks 32nd out of 35 countries with data for 2018.
Where does this Iceland data come from?: The figures come from World Bank – processed by Our World in Data, published as part of Income inequality: Gini coefficient before and after tax. Statizoid updates them automatically from the source API.

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About this data

Indicator: Income inequality: Gini coefficient before and after tax
Unit: %
Source: World Bank – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 35 places, 313 data points, 2013–2024
Last refreshed: 07 August 2026

Redistributive impact of fiscal policy, Gini index (%)