Gini coefficient (before tax) in Iceland
Iceland: Gini coefficient (before tax) was 0.3953 in 2016. ▼ Falling
Gini coefficient (before tax) in Iceland, 1991–2016
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
Analysis
The most recent figure for gini coefficient (before tax) in Iceland is 0.3953, measured in 2016.
That represents a change of down 1.1% on the previous year and down 8.2% over ten years.
Over the whole period, gini coefficient (before tax) in Iceland peaked at 0.4536 in 2007 and was at its lowest, 0.3788, in 2010.
That places Iceland 111th out of 113 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4194 | 0.4168 | 0.4257 | 9 |
| 2000s | 0.4249 | 0.3842 | 0.4536 | 10 |
| 2010s | 0.3915 | 0.3788 | 0.4014 | 7 |
Countries ranked near Iceland
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)
- 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)
- Share of government consumption in GDP vs. share of population living in extreme poverty 24.8% (2023)
- Income inequality: Atkinson index 0.1068 (2023)
Frequently asked questions
- What is gini coefficient (before tax) in Iceland?
- Gini coefficient (before tax) in Iceland was 0.3953 in 2016, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest gini coefficient (before tax) recorded in Iceland?
- The highest recorded value was 0.4536 in 2007.
- What is the lowest gini coefficient (before tax) recorded in Iceland?
- The lowest recorded value was 0.3788 in 2010.
- How does Iceland rank for gini coefficient (before tax)?
- Iceland ranks 111th out of 113 countries with data for 2016.
- Is gini coefficient (before tax) rising or falling in Iceland?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Gini coefficient (before tax). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality. Inequality is measured here in terms of income before taxes and benefits.