Share of population living on less than $4.20 per day vs. share in Iceland

Iceland: Share of population living on less than $4.20 per day vs. share was 0.1% in 2019. ◆ Volatile

Latest (2019)
0.1%
Change on year
down 55.9%
World rank
108th
of 120 countries
All-time high
0.3%
in 2018
All-time low
0.0%
in 2017
Years of data
17
2003–2019

Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland, 2003–2019

00.10.20.32003201120192003: 0.093 %2004: 0.17 %2005: 0.139 %2006: 0.278 %2007: 0.132 %2008: 0.061 %2009: 0.097 %2010: 0.223 %2011: 0.216 %2012: 0.114 %2013: 0.088 %2014: 0.053 %2015: 0.034 %2016: 0.08 %2017: 0.018 %2018: 0.299 %2019: 0.132 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2019, share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland stood at 0.1%.

The figure is down 55.9% on the previous year and up 36.0% over ten years.

Over the whole period, share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland peaked at 0.3% in 2018 and was at its lowest, 0.0%, in 2017.

That places Iceland 108th out of 120 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of population living on less than $4.20 per day vs. share in Iceland, year by year

Annual values for Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland, 2003 to 2019.
Year % Change
2003 0.1% —
2004 0.2% +82.8%
2005 0.1% -18.3%
2006 0.3% +100.2%
2007 0.1% -52.7%
2008 0.1% -53.8%
2009 0.1% +59.8%
2010 0.2% +129.0%
2011 0.2% -3.1%
2012 0.1% -47.2%
2013 0.1% -22.5%
2014 0.1% -39.7%
2015 0.0% -35.1%
2016 0.1% +131.9%
2017 0.0% -77.6%
2018 0.3% +1570.7%
2019 0.1% -55.9%

Iceland compared with similar countries

  • Iceland's 0.1% is below the median for high income countries, which is 0.6%, 23% of the median. (42 countries reporting)
  • Iceland's 0.1% is below the median for Europe & Central Asia, which is 0.6%, 23% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Share of population living on less than $4.20 per day vs. share in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +1570.7% 0.0% 0.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.1% 0.3% 7
2010s 0.1% 0.0% 0.3% 10

Countries ranked near Iceland

  1. 105 Ukraine 0.2% compare
  2. 106 Thailand 0.2% compare
  3. 107 South Korea 0.2% compare
  4. 109 Netherlands 0.1% compare
  5. 110 Luxembourg 0.1% compare
  6. 111 Taiwan 0.1% compare

See the full ranking of 120 places →

More poverty & inequality data for Iceland

All data for Iceland →

Frequently asked questions

What is share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland?
Share of population living on less than $4.20 per day vs. share in multidimensional poverty 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 share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in Iceland?
The highest recorded value was 0.3% in 2018.
What is the lowest share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in Iceland?
The lowest recorded value was 0.0% in 2017.
How does Iceland rank for share of population living on less than $4.20 per day vs. share in multidimensional poverty?
Iceland ranks 108th out of 120 countries with data for 2019.
Is share of population living on less than $4.20 per day vs. share in multidimensional poverty rising or falling in Iceland?
Over the last ten years it is up 36.0%. 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 of population living on less than $4.20 per day vs. share in multidimensional poverty. Statizoid updates them automatically from the source API.

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Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Iceland. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-poverty-lower-middle-income-vs-share-mpi-poor/iceland/

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About this data

Indicator
Share of population living on less than $4.20 per day vs. share in multidimensional poverty
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $4.20 per day.