Poverty gap at $8.30 a day (2021 PPP) in Iceland

Iceland: Poverty gap at $8.30 a day (2021 PPP) was 0.2% in 2019. ◆ Volatile

Latest (2019)
0.2%
Change on year
down 33.3%
World rank
112th
of 123 countries
All-time high
0.3%
in 2011
All-time low
0.0%
in 2014
Years of data
17
2003–2019

Poverty gap at $8.30 a day (2021 PPP) in Iceland, 2003–2019

00.10.20.32003201120192003: 0.1 %2004: 0.2 %2005: 0.1 %2006: 0.2 %2007: 0.1 %2008: 0.1 %2009: 0.1 %2010: 0.2 %2011: 0.3 %2012: 0.1 %2013: 0.1 %2014: 0 %2015: 0.1 %2016: 0.1 %2017: 0 %2018: 0.3 %2019: 0.2 %

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. Measured in %.

Analysis

Iceland recorded 0.2% for poverty gap at $8.30 a day (2021 ppp) in 2019.

The figure is down 33.3% on the previous year and up 100.0% over ten years.

Over the whole period, poverty gap at $8.30 a day (2021 ppp) in Iceland peaked at 0.3% in 2011 and was at its lowest, 0.0%, in 2014.

That places Iceland 112th out of 123 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Poverty gap at $8.30 a day (2021 PPP) in Iceland, year by year

Annual values for Poverty gap at $8.30 a day (2021 PPP) (%) in Iceland, 2003 to 2019.
Year % Change
2003 0.1%
2004 0.2% +100.0%
2005 0.1% -50.0%
2006 0.2% +100.0%
2007 0.1% -50.0%
2008 0.1% +0.0%
2009 0.1% +0.0%
2010 0.2% +100.0%
2011 0.3% +50.0%
2012 0.1% -66.7%
2013 0.1% +0.0%
2014 0.0% -100.0%
2015 0.1%
2016 0.1% +0.0%
2017 0.0% -100.0%
2018 0.3%
2019 0.2% -33.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.1% 0.2% 7
2010s 0.1% 0.0% 0.3% 10

Countries ranked near Iceland

  1. 109 Canada 0.3% compare
  2. 109 Finland 0.3% compare
  3. 109 Russia 0.3% compare
  4. 112 Czechia 0.2% compare
  5. 112 Korea 0.2% compare
  6. 112 Norway 0.2% compare
  7. 112 Switzerland 0.2% compare

See the full ranking of 137 places →

More poverty & inequality data for Iceland

All data for Iceland →

Frequently asked questions

What is poverty gap at $8.30 a day (2021 ppp) in Iceland?
Poverty gap at $8.30 a day (2021 ppp) in Iceland was 0.2% 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 poverty gap at $8.30 a day (2021 ppp) recorded in Iceland?
The highest recorded value was 0.3% in 2011.
What is the lowest poverty gap at $8.30 a day (2021 ppp) recorded in Iceland?
The lowest recorded value was 0.0% in 2014.
How does Iceland rank for poverty gap at $8.30 a day (2021 ppp)?
Iceland ranks 112th out of 123 countries with data for 2019.
Is poverty gap at $8.30 a day (2021 ppp) rising or falling in Iceland?
Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
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 Poverty gap at $8.30 a day (2021 PPP) (%). Statizoid updates them automatically from the source API.

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Poverty gap at $8.30 a day (2021 PPP) 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 23 August 2026, from https://poverty.statizoid.com/stat/poverty-gap-at-8-30-a-day-2021-ppp-percent/iceland/

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About this data

Indicator
Poverty gap at $8.30 a day (2021 PPP) (%)
Unit
%
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
137 places, 2,860 data points, 1963–2025
Last refreshed

Poverty gap at $8.30 a day (2021 PPP) is the mean shortfall in income or consumption from the poverty line $8.30 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.