Income share held by lowest 10% in Iceland
Iceland: Income share held by lowest 10% was 3.7% in 2019. ▬ Flat
Income share held by lowest 10% in Iceland, 2003–2019
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
Iceland recorded 3.7% for income share held by lowest 10% in 2019.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, income share held by lowest 10% in Iceland peaked at 4.1% in 2013 and was at its lowest, 3.6%, in 2006.
Iceland ranks 14th of 123 countries on this measure, in the top quarter.
Income share held by lowest 10% in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 3.8% | — |
| 2004 | 3.8% | +0.0% |
| 2005 | 3.7% | -2.6% |
| 2006 | 3.6% | -2.7% |
| 2007 | 3.7% | +2.8% |
| 2008 | 3.6% | -2.7% |
| 2009 | 3.7% | +2.8% |
| 2010 | 3.9% | +5.4% |
| 2011 | 3.7% | -5.1% |
| 2012 | 3.8% | +2.7% |
| 2013 | 4.1% | +7.9% |
| 2014 | 3.8% | -7.3% |
| 2015 | 3.9% | +2.6% |
| 2016 | 3.8% | -2.6% |
| 2017 | 4.0% | +5.3% |
| 2018 | 3.7% | -7.5% |
| 2019 | 3.7% | +0.0% |
Iceland compared with similar countries
- Iceland's 3.7% is above the median for high income countries, which is 2.8%, 1.3× the median. (42 countries reporting)
- Iceland's 3.7% is above the median for Europe & Central Asia, which is 3.0%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | 3.6% | 3.8% | 7 |
| 2010s | 3.8% | 3.7% | 4.1% | 10 |
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)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (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)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -18.09 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 35.57 (2023)
- Tax revenue as share of GDP vs. income inequality 35.6% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is income share held by lowest 10% in Iceland?
- Income share held by lowest 10% in Iceland was 3.7% in 2019, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by lowest 10% recorded in Iceland?
- The highest recorded value was 4.1% in 2013.
- What is the lowest income share held by lowest 10% recorded in Iceland?
- The lowest recorded value was 3.6% in 2006.
- How does Iceland rank for income share held by lowest 10%?
- Iceland ranks 14th out of 123 countries with data for 2019.
- Is income share held by lowest 10% rising or falling in Iceland?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by lowest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.