Iceland vs Latvia: Adequacy of minimum income benefits — Net annualised income of
Adequacy of minimum income benefits — Net annualised income of over time
- Iceland
- Latvia
How they compare
Iceland currently reports 46 Percentage of median disposable household income against 16 Percentage of median disposable household income in Latvia, a difference of 30 Percentage of median disposable household income.
That makes Iceland's figure about 2.9 times Latvia's.
Across all 21 years both countries report, Iceland has been ahead every year.
Iceland ranks 2nd and Latvia ranks 5th of 31 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42 Percentage of median disposable household income | 14.4 Percentage of median disposable household income | 27.6 Percentage of median disposable household income | Iceland |
| 2010s | 48.1 Percentage of median disposable household income | 14.5 Percentage of median disposable household income | 33.6 Percentage of median disposable household income | Iceland |
| 2020s | 46.5 Percentage of median disposable household income | 12.67 Percentage of median disposable household income | 33.83 Percentage of median disposable household income | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adequacy of minimum income benefits — net annualised income of, Iceland or Latvia?
- Iceland, at 46 Percentage of median disposable household income against 16 Percentage of median disposable household income in Latvia as of 2025.
- What is the difference in adequacy of minimum income benefits — net annualised income of between Iceland and Latvia?
- 30 Percentage of median disposable household income, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 21 years are reported by both, from 2005 to 2025.
- How do Iceland and Latvia rank globally for adequacy of minimum income benefits — net annualised income of?
- Iceland ranks 2nd and Latvia ranks 5th of 31 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Adequacy of minimum income benefits — Net annualised income of selected jobless families that claim minimum income benefits. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator measures the income of selected jobless families receiving Minimum Income benefits. Values are expressed both in national currency and as a percentage of the median disposable income in the country. When the country's poverty line is defined as a fixed percentage of the median disposable income, the normalization of benefit amounts in terms of the median disposable income allows measuring the gap between benefit entitlements and the poverty line. For instance, if the poverty threshold is 50% of the median disposable income, a value of the indicator of 30% means that benefit entitlements are 20 percentage points below the poverty line. Calculations for families with children assume 2 children aged 4 and 6 who do not use formal childcare.