Extreme monetary poverty and multidimensional poverty over time in Iceland
Iceland: Extreme monetary poverty and multidimensional poverty over time was 0.1% in 2019. ◆ Volatile
Extreme monetary poverty and multidimensional poverty over time in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2019, extreme monetary poverty and multidimensional poverty over time in Iceland stood at 0.1%.
The figure is down 70.2% on the previous year and down 17.8% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time in Iceland peaked at 0.3% in 2018 and was at its lowest, 0.0%, in 2014.
Iceland ranks 105th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Extreme monetary poverty and multidimensional poverty over time in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.0% | — |
| 2004 | 0.2% | +351.2% |
| 2005 | 0.0% | -78.2% |
| 2006 | 0.2% | +397.8% |
| 2007 | 0.1% | -56.3% |
| 2008 | 0.1% | -24.6% |
| 2009 | 0.1% | +59.8% |
| 2010 | 0.1% | +53.7% |
| 2011 | 0.2% | +26.0% |
| 2012 | 0.0% | -82.2% |
| 2013 | 0.1% | +162.9% |
| 2014 | 0.0% | -100.0% |
| 2015 | 0.0% | — |
| 2016 | 0.0% | -100.0% |
| 2017 | 0.0% | — |
| 2018 | 0.3% | — |
| 2019 | 0.1% | -70.2% |
Iceland compared with similar countries
- Iceland's 0.1% is below the median for high income countries, which is 0.4%, 20% of the median. (42 countries reporting)
- Iceland's 0.1% is below the median for Europe & Central Asia, which is 0.3%, 23% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.0% | 0.2% | 7 |
| 2010s | 0.1% | 0.0% | 0.3% | 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 extreme monetary poverty and multidimensional poverty over time in Iceland?
- Extreme monetary poverty and multidimensional poverty over time in Iceland was 0.1% in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Iceland?
- The highest recorded value was 0.3% in 2018.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Iceland?
- The lowest recorded value was 0.0% in 2014.
- How does Iceland rank for extreme monetary poverty and multidimensional poverty over time?
- Iceland ranks 105th out of 120 countries with data for 2019.
- Is extreme monetary poverty and multidimensional poverty over time rising or falling in Iceland?
- Over the last ten years it is down 17.8%. 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 (2026) – with major processing by Our World in Data, published as part of Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $3 per day.