Share living on less than $8.30 a day vs. mean income or consumption in Iceland
Iceland: Share living on less than $8.30 a day vs. mean income or consumption was 0.4% in 2019. ◆ Volatile
Share living on less than $8.30 a day vs. mean income or consumption in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share living on less than $8.30 a day vs. mean income or consumption in Iceland is 0.4%, measured in 2019.
Compared with earlier readings it is down 42.2% on the previous year and up 18.4% over ten years.
Over the whole period, share living on less than $8.30 a day vs. mean income or consumption in Iceland peaked at 0.8% in 2011 and was at its lowest, 0.1%, in 2017.
Iceland ranks 111th 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.
Share living on less than $8.30 a day vs. mean income or consumption in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.4% | — |
| 2004 | 0.4% | +13.8% |
| 2005 | 0.2% | -47.8% |
| 2006 | 0.5% | +100.8% |
| 2007 | 0.3% | -37.8% |
| 2008 | 0.2% | -29.8% |
| 2009 | 0.3% | +49.2% |
| 2010 | 0.6% | +88.4% |
| 2011 | 0.8% | +38.5% |
| 2012 | 0.4% | -44.4% |
| 2013 | 0.2% | -61.1% |
| 2014 | 0.2% | +14.3% |
| 2015 | 0.2% | -3.3% |
| 2016 | 0.2% | +4.9% |
| 2017 | 0.1% | -64.7% |
| 2018 | 0.6% | +788.1% |
| 2019 | 0.4% | -42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.2% | 0.5% | 7 |
| 2010s | 0.4% | 0.1% | 0.8% | 10 |
Countries ranked near Iceland
- 108 South Korea 0.5% compare
- 109 Finland 0.4% compare
- 110 Norway 0.4% compare
- 112 Netherlands 0.3% compare
- 113 Taiwan 0.3% compare
- 114 Switzerland 0.3% compare
More poverty & inequality data for Iceland
- Number of income/consumption surveys in the past decade available via the World Bank 4 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 share living on less than $8.30 a day vs. mean income or consumption in Iceland?
- Share living on less than $8.30 a day vs. mean income or consumption in Iceland was 0.4% in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest share living on less than $8.30 a day vs. mean income or consumption recorded in Iceland?
- The highest recorded value was 0.8% in 2011.
- What is the lowest share living on less than $8.30 a day vs. mean income or consumption recorded in Iceland?
- The lowest recorded value was 0.1% in 2017.
- How does Iceland rank for share living on less than $8.30 a day vs. mean income or consumption?
- Iceland ranks 111th out of 120 countries with data for 2019.
- Is share living on less than $8.30 a day vs. mean income or consumption rising or falling in Iceland?
- Over the last ten years it is up 18.4%. 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 Share living on less than $8.30 a day vs. mean income or consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of population living in households with an income or consumption below $8.30 per day.