Iceland vs Switzerland: Median and mean income (after tax)
Iceland
48,777 international-$ in 2021 prices
in 2017
Switzerland
50,051 international-$ in 2021 prices
in 2022
Iceland rank
4th
Switzerland rank
3rd
Median and mean income (after tax) over time
- Iceland
- Switzerland
How they compare
Switzerland currently reports 50,051 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland, a difference of 1,274 international-$ in 2021 prices.
The two have swapped places 2 times across 15 shared years of data; in 2003 it was Switzerland ahead.
Iceland ranks 4th and Switzerland ranks 3rd of 47 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43,598 international-$ in 2021 prices | 45,588 international-$ in 2021 prices | 1,991 international-$ in 2021 prices | Switzerland |
| 2010s | 41,299 international-$ in 2021 prices | 49,249 international-$ in 2021 prices | 7,951 international-$ in 2021 prices | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median and mean income (after tax), Iceland or Switzerland?
- Switzerland, at 50,051 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland as of 2022.
- What is the difference in median and mean income (after tax) between Iceland and Switzerland?
- 1,274 international-$ in 2021 prices, with Switzerland ahead.
- How many years of comparable data are there for Iceland and Switzerland?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and Switzerland rank globally for median and mean income (after tax)?
- Iceland ranks 4th and Switzerland ranks 3rd 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.