Iceland vs Luxembourg: Mean and median income by ability to make ends meet
Iceland
31,071 Euro
in 2020
Luxembourg
40,744 Euro
in 2025
Iceland rank
5th
Luxembourg rank
2nd
Mean and median income by ability to make ends meet over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 40,744 Euro against 31,071 Euro in Iceland, a difference of 9,673 Euro.
That makes Luxembourg's figure about 1.3 times Iceland's.
The two have swapped places 2 times across 17 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 5th and Luxembourg ranks 2nd of 47 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and Luxembourg in 1.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24,045 Euro | 21,535 Euro | 2,510 Euro | Iceland |
| 2010s | 24,363 Euro | 25,500 Euro | 1,137 Euro | Luxembourg |
| 2020s | 31,071 Euro | 27,661 Euro | 3,410 Euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean and median income by ability to make ends meet, Iceland or Luxembourg?
- Luxembourg, at 40,744 Euro against 31,071 Euro in Iceland as of 2025.
- What is the difference in mean and median income by ability to make ends meet between Iceland and Luxembourg?
- 9,673 Euro, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 17 years are reported by both, from 2004 to 2020.
- How do Iceland and Luxembourg rank globally for mean and median income by ability to make ends meet?
- Iceland ranks 5th and Luxembourg ranks 2nd of 47 countries.
- Where does this data come from?
- Eurostat, published as Mean and median income by ability to make ends meet. Statizoid refreshes it automatically from the source and publishes the full history for both places.