Income share held by lowest 20% in Iceland

Iceland: Income share held by lowest 20% was 9.4% in 2019. ▬ Flat

Latest (2019)
9.4%
Change on year
up 2.2%
World rank
12th
of 123 countries
All-time high
9.9%
in 2013
All-time low
8.6%
in 2008
Years of data
17
2003–2019

Income share held by lowest 20% in Iceland, 2003–2019

02468102003201120192003: 9.52004: 9.42005: 9.22006: 8.92007: 9.12008: 8.62009: 9.12010: 9.52011: 9.32012: 9.32013: 9.92014: 9.42015: 9.52016: 9.42017: 9.72018: 9.22019: 9.4

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

The most recent figure for income share held by lowest 20% in Iceland is 9.4%, measured in 2019.

Compared with earlier readings it is up 2.2% on the previous year and up 3.3% over ten years.

Over the whole period, income share held by lowest 20% in Iceland peaked at 9.9% in 2013 and was at its lowest, 8.6%, in 2008.

That places Iceland 12th out of 123 countries with data for 2019, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.1% 8.6% 9.5% 7
2010s 9.5% 9.2% 9.9% 10

Countries ranked near Iceland

  1. 9 Armenia 9.6% compare
  2. 9 Kyrgyzstan 9.6% compare
  3. 11 Czechia 9.5% compare
  4. 12 Netherlands 9.4% compare
  5. 14 Syrian Arab Republic 9.3% compare
  6. 15 Finland 9.2% compare
  7. 15 Ireland 9.2% compare

See the full ranking of 123 places →

More poverty & inequality data for Iceland

All data for Iceland →

Frequently asked questions

What is income share held by lowest 20% in Iceland?
Income share held by lowest 20% in Iceland was 9.4% 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 20% recorded in Iceland?
The highest recorded value was 9.9% in 2013.
What is the lowest income share held by lowest 20% recorded in Iceland?
The lowest recorded value was 8.6% in 2008.
How does Iceland rank for income share held by lowest 20%?
Iceland ranks 12th out of 123 countries with data for 2019.
Is income share held by lowest 20% rising or falling in Iceland?
Over the last ten years it is up 3.3%. 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 20%. Statizoid updates them automatically from the source API.

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Income share held by lowest 20% in Iceland. Statizoid, drawing on 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. Retrieved 21 August 2026, from https://poverty.statizoid.com/stat/income-share-held-by-lowest-20-percent/iceland/

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About this data

Indicator
Income share held by lowest 20%
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
123 places, 2,322 data points, 1963–2025
Last refreshed

Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.