Share of the population in poverty vs. Electoral Democracy Index in Iceland
Iceland: Share of the population in poverty vs. Electoral Democracy Index was 0.6% in 2019. ▼ Falling
Share of the population in poverty vs. Electoral Democracy Index 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, share of the population in poverty vs. electoral democracy index in Iceland stood at 0.6%.
Compared with earlier readings it is down 20.3% on the previous year and up 28.1% over ten years.
Over the whole period, share of the population in poverty vs. electoral democracy index in Iceland peaked at 0.9% in 2011 and was at its lowest, 0.1%, in 2017.
Iceland ranks 109th of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Share of the population in poverty vs. Electoral Democracy Index in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 0.7% | — |
| 2004 | 0.6% | -15.1% |
| 2005 | 0.6% | -2.0% |
| 2006 | 0.5% | -3.1% |
| 2007 | 0.3% | -38.7% |
| 2008 | 0.3% | -6.5% |
| 2009 | 0.5% | +54.8% |
| 2010 | 0.7% | +49.3% |
| 2011 | 0.9% | +22.2% |
| 2012 | 0.6% | -27.8% |
| 2013 | 0.3% | -57.3% |
| 2014 | 0.3% | +24.5% |
| 2015 | 0.3% | -25.2% |
| 2016 | 0.2% | -11.9% |
| 2017 | 0.1% | -34.3% |
| 2018 | 0.8% | +430.6% |
| 2019 | 0.6% | -20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.3% | 0.7% | 7 |
| 2010s | 0.5% | 0.1% | 0.9% | 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 share of the population in poverty vs. electoral democracy index in Iceland?
- Share of the population in poverty vs. electoral democracy index in Iceland was 0.6% in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest share of the population in poverty vs. electoral democracy index recorded in Iceland?
- The highest recorded value was 0.9% in 2011.
- What is the lowest share of the population in poverty vs. electoral democracy index recorded in Iceland?
- The lowest recorded value was 0.1% in 2017.
- How does Iceland rank for share of the population in poverty vs. electoral democracy index?
- Iceland ranks 109th out of 120 countries with data for 2019.
- Is share of the population in poverty vs. electoral democracy index rising or falling in Iceland?
- Over the last ten years it is up 28.1%. 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 (2026) – with major processing by Our World in Data, published as part of Share of the population in poverty vs. Electoral Democracy Index. 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 $10 per day.