Severe material deprivation rate by NUTS 2 region in Iceland
Iceland: Severe material deprivation rate by NUTS 2 region was 1.0% in 2020. ▼ Falling
Latest (2020)
1.0%
Change on year
unchanged
World rank
44th
of 44 countries
All-time high
2.7%
in 2005
All-time low
0.7%
in 2018
Years of data
17
2004–2020
Severe material deprivation rate by NUTS 2 region in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
Iceland recorded 1.0% for severe material deprivation rate by nuts 2 region in 2020.
That represents a change of down 44.4% over ten years.
Over the whole period, severe material deprivation rate by nuts 2 region in Iceland peaked at 2.7% in 2005 and was at its lowest, 0.7%, in 2018.
That places Iceland 44th out of 44 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Severe material deprivation rate by NUTS 2 region in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 2.5% | — |
| 2005 | 2.7% | +8.0% |
| 2006 | 2.1% | -22.2% |
| 2007 | 2.1% | +0.0% |
| 2008 | 0.8% | -61.9% |
| 2009 | 0.8% | +0.0% |
| 2010 | 1.8% | +125.0% |
| 2011 | 2.1% | +16.7% |
| 2012 | 2.4% | +14.3% |
| 2013 | 1.9% | -20.8% |
| 2014 | 1.4% | -26.3% |
| 2015 | 1.6% | +14.3% |
| 2016 | 1.9% | +18.7% |
| 2017 | 1.3% | -31.6% |
| 2018 | 0.7% | -46.2% |
| 2019 | 1.0% | +42.9% |
| 2020 | 1.0% | +0.0% |
Iceland compared with similar countries
- Iceland's 1.0% is below the median for Europe & Central Asia, which is 4.6%, 22% of the median. (33 countries reporting)
- Iceland's 1.0% is below the median for high income countries, which is 4.2%, 24% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 0.8% | 2.7% | 6 |
| 2010s | 1.6% | 0.7% | 2.4% | 10 |
| 2020s | 1.0% | 1.0% | 1.0% | 1 |
Countries ranked near Iceland
- 41 Sweden 1.8% compare
- 42 Luxembourg 1.7% compare
- 43 Switzerland 1.3% 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 severe material deprivation rate by nuts 2 region in Iceland?
- Severe material deprivation rate by nuts 2 region in Iceland was 1.0% in 2020, according to Eurostat.
- What is the highest severe material deprivation rate by nuts 2 region recorded in Iceland?
- The highest recorded value was 2.7% in 2005.
- What is the lowest severe material deprivation rate by nuts 2 region recorded in Iceland?
- The lowest recorded value was 0.7% in 2018.
- How does Iceland rank for severe material deprivation rate by nuts 2 region?
- Iceland ranks 44th out of 44 countries with data for 2020.
- Is severe material deprivation rate by nuts 2 region rising or falling in Iceland?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Severe material deprivation rate by NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
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