Use of interpolation and extrapolation on original Gini coefficient data in Iceland

Iceland: Use of interpolation and extrapolation on original Gini coefficient data was 42,978 in 2017. β—† Volatile

Latest (2017)
42,978
World rank
16th
of 160 countries
All-time high
42,978
in 2017
All-time low
2,274
in 1820
Years of data
15
1820–2017

Use of interpolation and extrapolation on original Gini coefficient data in Iceland, 1820–2017

010.0k20.0k30.0k40.0k1820191820171820: 2.3k1850: 2.8k1870: 3.4k1890: 4.2k1910: 5.5k1929: 7.3k1950: 8.5k1960: 11.0k1970: 14.8k1980: 24.5k1990: 28.8k2000: 33.1k2005: 37.9k2010: 36.3k2017: 43.0k

Source: Various sources (2020) – processed by Our World in Data.

Analysis

In 2017, use of interpolation and extrapolation on original gini coefficient data in Iceland stood at 42,978. That is the highest value across all 15 years on record.

The figure is up 13.4% over ten years.

Over the whole period, use of interpolation and extrapolation on original gini coefficient data in Iceland peaked at 42,978 in 2017 and was at its lowest, 2,274, in 1820.

Iceland ranks 16th of 160 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1820s 2,274 2,274 2,274 1
1850s 2,799 2,799 2,799 1
1870s 3,385 3,385 3,385 1
1890s 4,249 4,249 4,249 1
1910s 5,458 5,458 5,458 1
1920s 7,271 7,271 7,271 1
1950s 8,498 8,498 8,498 1
1960s 10,959 10,959 10,959 1
1970s 14,830 14,830 14,830 1
1980s 24,528 24,528 24,528 1
1990s 28,760 28,760 28,760 1
2000s 35,496 33,108 37,884 2
2010s 39,626 36,273 42,978 2

Countries ranked near Iceland

  1. 13 Sweden 45,193 compare
  2. 14 Canada 44,592 compare
  3. 15 Taiwan 43,504 compare
  4. 17 Austria 42,177 compare
  5. 18 Bahrain 40,696 compare
  6. 19 Belgium 39,352 compare

See the full ranking of 160 places β†’

More poverty & inequality data for Iceland

All data for Iceland β†’

Frequently asked questions

What is use of interpolation and extrapolation on original gini coefficient data in Iceland?
Use of interpolation and extrapolation on original gini coefficient data in Iceland was 42,978 in 2017, according to Various sources (2020) – processed by Our World in Data.
What is the highest use of interpolation and extrapolation on original gini coefficient data recorded in Iceland?
The highest recorded value was 42,978 in 2017.
What is the lowest use of interpolation and extrapolation on original gini coefficient data recorded in Iceland?
The lowest recorded value was 2,274 in 1820.
How does Iceland rank for use of interpolation and extrapolation on original gini coefficient data?
Iceland ranks 16th out of 160 countries with data for 2017.
Is use of interpolation and extrapolation on original gini coefficient data rising or falling in Iceland?
Over the last ten years it is up 13.4%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Various sources (2020) – processed by Our World in Data, published as part of Use of interpolation and extrapolation on original Gini coefficient data. Statizoid updates them automatically from the source API.

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About this data

Indicator
Use of interpolation and extrapolation on original Gini coefficient data
Source
Various sources (2020) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 2,400 data points, 1820–2017
Last refreshed

In order to produce global estimates of historical poverty trends we have interpolated or extrapolated inequality data for missing observations. Green indicates observations of the Gini coefficient available in the original source.