Iceland vs Republic of Korea: Mean income or consumption per day: 2011 vs. 2017 prices

Iceland
59.36 international-$ in 2011 prices
in 2017
Republic of Korea
58.95 international-$ in 2011 prices
in 2021
Iceland rank
7th
Republic of Korea rank
9th

Mean income or consumption per day: 2011 vs. 2017 prices over time

  • Iceland
  • Republic of Korea
0204060200320122021

How they compare

Iceland currently reports 59.36 international-$ in 2011 prices against 58.95 international-$ in 2011 prices in Republic of Korea, a difference of 0.41 international-$ in 2011 prices.

Across all 7 years both countries report, Iceland has been ahead every year.

Iceland ranks 7th and Republic of Korea ranks 9th of 119 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Republic of Korea Difference Ahead
2000s 57.66 international-$ in 2011 prices 36.06 international-$ in 2011 prices 21.6 international-$ in 2011 prices Iceland
2010s 51.43 international-$ in 2011 prices 43.49 international-$ in 2011 prices 7.94 international-$ in 2011 prices Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher mean income or consumption per day: 2011 vs. 2017 prices, Iceland or Republic of Korea?
Iceland, at 59.36 international-$ in 2011 prices against 58.95 international-$ in 2011 prices in Republic of Korea as of 2017.
What is the difference in mean income or consumption per day: 2011 vs. 2017 prices between Iceland and Republic of Korea?
0.41 international-$ in 2011 prices, with Iceland ahead.
How many years of comparable data are there for Iceland and Republic of Korea?
7 years are reported by both, from 2006 to 2017.
How do Iceland and Republic of Korea rank globally for mean income or consumption per day: 2011 vs. 2017 prices?
Iceland ranks 7th and Republic of Korea ranks 9th of 119 countries.
Where does this data come from?
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as Mean income or consumption per day: 2011 vs. 2017 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Republic of Korea: Mean income or consumption per day: 2011 vs. 2017 prices. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/mean-income-or-consumption-per-day-2011-vs-2017-prices/iceland/korea-rep/

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About this data

Indicator
Mean income or consumption per day: 2011 vs. 2017 prices
Unit
international-$ in 2011 prices
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

The mean is the average income or consumption of the population.