Iceland vs United States of America: Median and mean income (after tax)
Iceland
48,777 international-$ in 2021 prices
in 2017
United States of America
56,767 international-$ in 2021 prices
in 2024
Iceland rank
4th
United States of America rank
2nd
Median and mean income (after tax) over time
- Iceland
- United States of America
How they compare
United States of America currently reports 56,767 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland, a difference of 7,990 international-$ in 2021 prices.
That makes United States of America's figure about 1.2 times Iceland's.
The two have swapped places 2 times across 15 shared years of data; in 2003 it was United States of America ahead.
Iceland ranks 4th and United States of America ranks 2nd of 47 countries.
United States of America has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43,598 international-$ in 2021 prices | 46,482 international-$ in 2021 prices | 2,884 international-$ in 2021 prices | United States of America |
| 2010s | 41,299 international-$ in 2021 prices | 46,936 international-$ in 2021 prices | 5,638 international-$ in 2021 prices | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median and mean income (after tax), Iceland or United States of America?
- United States of America, at 56,767 international-$ in 2021 prices against 48,777 international-$ in 2021 prices in Iceland as of 2024.
- What is the difference in median and mean income (after tax) between Iceland and United States of America?
- 7,990 international-$ in 2021 prices, with United States of America ahead.
- How many years of comparable data are there for Iceland and United States of America?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and United States of America rank globally for median and mean income (after tax)?
- Iceland ranks 4th and United States of America ranks 2nd of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – 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.