Iceland vs Luxembourg: Median and mean income (after tax)
Iceland
48,777 international-$ in 2021 prices
in 2017
Luxembourg
61,610 international-$ in 2021 prices
in 2023
Iceland rank
4th
Luxembourg rank
1st
Median and mean income (after tax) over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 61,610 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland, a difference of 12,833 international-$ in 2021 prices.
That makes Luxembourg's figure about 1.3 times Iceland's.
Across all 15 years both countries report, Luxembourg has been ahead every year.
Iceland ranks 4th and Luxembourg ranks 1st of 47 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43,598 international-$ in 2021 prices | 51,620 international-$ in 2021 prices | 8,022 international-$ in 2021 prices | Luxembourg |
| 2010s | 41,299 international-$ in 2021 prices | 51,133 international-$ in 2021 prices | 9,834 international-$ in 2021 prices | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median and mean income (after tax), Iceland or Luxembourg?
- Luxembourg, at 61,610 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland as of 2023.
- What is the difference in median and mean income (after tax) between Iceland and Luxembourg?
- 12,833 international-$ in 2021 prices, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and Luxembourg rank globally for median and mean income (after tax)?
- Iceland ranks 4th and Luxembourg ranks 1st of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) β with minor processing by Our World in Data, published as Median and mean income (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average income per year of the population.