Share of the top 1 vs gini coefficient before tax wid in Iceland

Iceland: Share of the top 1 vs gini coefficient before tax wid was 8.55 in 2016. ▬ Flat

Latest (2016)
8.55
Change on year
up 1.1%
World rank
107th
of 113 countries
All-time high
14.49
in 2007
All-time low
5.62
in 2010
Years of data
26
1991–2016

Share of the top 1 vs gini coefficient before tax wid in Iceland, 1991–2016

0510151991200320161991: 7.61992: 7.81993: 7.71994: 7.71995: 7.71996: 7.71997: 7.81998: 7.91999: 8.22000: 8.52001: 10.32002: 11.12003: 11.12004: 9.32005: 10.12006: 10.62007: 14.52008: 7.62009: 6.62010: 5.62011: 5.92012: 6.42013: 8.42014: 8.62015: 8.52016: 8.6

Source: Our World in Data.

Analysis

In 2016, share of the top 1 vs gini coefficient before tax wid in Iceland stood at 8.55.

Compared with earlier readings it is up 1.1% on the previous year and down 19.0% over ten years.

Over the whole period, share of the top 1 vs gini coefficient before tax wid in Iceland peaked at 14.49 in 2007 and was at its lowest, 5.62, in 2010.

Iceland ranks 107th of 113 countries on this measure, in the bottom quarter.

Share of the top 1 vs gini coefficient before tax wid in Iceland, year by year

Annual values for Share of the top 1 vs gini coefficient before tax wid in Iceland, 1991 to 2016.
Year Value Change
1991 7.6
1992 7.81 +2.8%
1993 7.71 -1.3%
1994 7.71 +0.0%
1995 7.7 -0.1%
1996 7.73 +0.4%
1997 7.85 +1.6%
1998 7.94 +1.1%
1999 8.19 +3.1%
2000 8.47 +3.4%
2001 10.35 +22.2%
2002 11.14 +7.6%
2003 11.07 -0.6%
2004 9.33 -15.7%
2005 10.05 +7.7%
2006 10.55 +5.0%
2007 14.49 +37.3%
2008 7.59 -47.6%
2009 6.56 -13.6%
2010 5.62 -14.3%
2011 5.9 +5.0%
2012 6.41 +8.6%
2013 8.43 +31.5%
2014 8.57 +1.7%
2015 8.46 -1.3%
2016 8.55 +1.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.8 7.6 8.19 9
2000s 9.96 6.56 14.49 10
2010s 7.42 5.62 8.57 7

Countries ranked near Iceland

  1. 104 Seychelles 8.78 compare
  2. 105 Guinea 8.71 compare
  3. 106 Belgium 8.7 compare
  4. 108 Cyprus 8.53 compare
  5. 109 North Macedonia 8.19 compare
  6. 110 Slovenia 8.01 compare

See the full ranking of 113 places →

More poverty & inequality data for Iceland

All data for Iceland →

Frequently asked questions

What is share of the top 1 vs gini coefficient before tax wid in Iceland?
Share of the top 1 vs gini coefficient before tax wid in Iceland was 8.55 in 2016, according to Our World in Data.
What is the highest share of the top 1 vs gini coefficient before tax wid recorded in Iceland?
The highest recorded value was 14.49 in 2007.
What is the lowest share of the top 1 vs gini coefficient before tax wid recorded in Iceland?
The lowest recorded value was 5.62 in 2010.
How does Iceland rank for share of the top 1 vs gini coefficient before tax wid?
Iceland ranks 107th out of 113 countries with data for 2016.
Is share of the top 1 vs gini coefficient before tax wid rising or falling in Iceland?
Over the last ten years it is down 19.0%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Share of the top 1 vs gini coefficient before tax wid. Statizoid updates them automatically from the source API.

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Share of the top 1 vs gini coefficient before tax wid in Iceland. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://poverty.statizoid.com/stat/share-of-the-top-1-vs-gini-coefficient-before-tax-wid/iceland/

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About this data

Indicator
Share of the top 1 vs gini coefficient before tax wid
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed