Poverty: Share of population living on less than $30 a day … 2011 in Iceland
Iceland: Poverty: Share of population living on less than $30 a day … 2011 was 9.9% in 2017. ▼ Falling
Poverty: Share of population living on less than $30 a day (2011 prices) in Iceland, 2003–2017
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.
Analysis
In 2017, poverty: share of population living on less than $30 a day (2011 prices) in Iceland stood at 9.9%. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 19.1% on the previous year and down 26.4% over ten years.
Over the whole period, poverty: share of population living on less than $30 a day (2011 prices) in Iceland peaked at 26.1% in 2011 and was at its lowest, 9.9%, in 2017.
Iceland ranks 117th of 119 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Poverty: Share of population living on less than $30 a day … 2011 in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 24.0% | — |
| 2004 | 24.1% | +0.2% |
| 2005 | 23.6% | -2.0% |
| 2006 | 16.2% | -31.4% |
| 2007 | 13.5% | -16.9% |
| 2008 | 13.5% | -0.0% |
| 2009 | 20.3% | +51.2% |
| 2010 | 24.1% | +18.7% |
| 2011 | 26.1% | +8.2% |
| 2012 | 24.4% | -6.7% |
| 2013 | 21.4% | -12.1% |
| 2014 | 20.6% | -3.6% |
| 2015 | 15.8% | -23.5% |
| 2016 | 12.2% | -22.5% |
| 2017 | 9.9% | -19.1% |
Iceland compared with similar countries
- Iceland's 9.9% is below the median for high income countries, which is 27.5%, 36% of the median. (41 countries reporting)
- Iceland's 9.9% is below the median for Europe & Central Asia, which is 56.8%, 17% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.3% | 13.5% | 24.1% | 7 |
| 2010s | 19.3% | 9.9% | 26.1% | 8 |
Countries ranked near Iceland
- 114 Denmark 11.3% compare
- 115 Netherlands 10.8% compare
- 116 Switzerland 10.7% compare
- 118 Luxembourg 7.6% compare
- 119 Norway 7.0% compare
More poverty & inequality data for Iceland
- Number of income/consumption surveys in the past decade available via the World Bank 4 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 poverty: share of population living on less than $30 a day (2011 prices) in Iceland?
- Poverty: share of population living on less than $30 a day (2011 prices) in Iceland was 9.9% in 2017, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest poverty: share of population living on less than $30 a day (2011 prices) recorded in Iceland?
- The highest recorded value was 26.1% in 2011.
- What is the lowest poverty: share of population living on less than $30 a day (2011 prices) recorded in Iceland?
- The lowest recorded value was 9.9% in 2017.
- How does Iceland rank for poverty: share of population living on less than $30 a day (2011 prices)?
- Iceland ranks 117th out of 119 countries with data for 2017.
- Is poverty: share of population living on less than $30 a day (2011 prices) rising or falling in Iceland?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $30 a day (2011 prices). Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $30 per day.