The share and number of people living in extreme poverty in Iceland

Iceland: The share and number of people living in extreme poverty was 0.1% in 2019. ◆ Volatile

Latest (2019)
0.1%
Change on year
down 70.2%
World rank
107th
of 120 countries
All-time high
0.3%
in 2018
All-time low
0.0%
in 2014
Years of data
17
2003–2019

The share and number of people living in extreme poverty in Iceland, 2003–2019

00.10.20.32003201120192003: 0.038 %2004: 0.17 %2005: 0.037 %2006: 0.184 %2007: 0.081 %2008: 0.061 %2009: 0.097 %2010: 0.149 %2011: 0.188 %2012: 0.034 %2013: 0.088 %2014: 0 %2015: 0.034 %2016: 0 %2017: 0 %2018: 0.268 %2019: 0.08 %

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

Analysis

The most recent figure for the share and number of people living in extreme poverty in Iceland is 0.1%, measured in 2019.

The figure is down 70.2% on the previous year and down 17.8% over ten years.

Over the whole period, the share and number of people living in extreme poverty in Iceland peaked at 0.3% in 2018 and was at its lowest, 0.0%, in 2014.

That places Iceland 107th 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.

The share and number of people living in extreme poverty in Iceland, year by year

Annual values for The share and number of people living in extreme poverty in Iceland, 2003 to 2019.
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%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.0% 0.2% 7
2010s 0.1% 0.0% 0.3% 10

Countries ranked near Iceland

  1. 104 Belgium 0.1% compare
  2. 105 Luxembourg 0.1% compare
  3. 106 Ireland 0.1% compare
  4. 108 France 0.1% compare
  5. 109 Russian Federation 0.0% compare
  6. 110 Kazakhstan 0.0% compare

See the full ranking of 120 places →

More poverty & inequality data for Iceland

All data for Iceland →

Frequently asked questions

What is the share and number of people living in extreme poverty in Iceland?
The share and number of people living in extreme 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 the share and number of people living in extreme poverty recorded in Iceland?
The highest recorded value was 0.3% in 2018.
What is the lowest the share and number of people living in extreme poverty recorded in Iceland?
The lowest recorded value was 0.0% in 2014.
How does Iceland rank for the share and number of people living in extreme poverty?
Iceland ranks 107th out of 120 countries with data for 2019.
Is the share and number of people living in extreme poverty 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 The share and number of people living in extreme poverty. Statizoid updates them automatically from the source API.

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The share and number of people living in extreme poverty in Iceland. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 September 2026, from https://poverty.statizoid.com/stat/the-share-and-number-of-people-living-in-extreme-poverty/iceland/

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About this data

Indicator
The share and number of people living in extreme 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, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.