Australia vs Iceland: Median income or consumption per day vs. GDP per capita
Australia
59.71 international-$ in 2021 prices
in 2020
Iceland
60.63 international-$ in 2021 prices
in 2019
Australia rank
11th
Iceland rank
10th
Median income or consumption per day vs. GDP per capita over time
- Australia
- Iceland
How they compare
Iceland currently reports 60.63 international-$ in 2021 prices against 59.71 international-$ in 2021 prices in Australia, a difference of 0.92 international-$ in 2021 prices.
The two have swapped places 2 times across 7 shared years of data; in 2003 it was Iceland ahead.
Australia ranks 11th and Iceland ranks 10th of 118 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 45.1 international-$ in 2021 prices | 51.22 international-$ in 2021 prices | 6.12 international-$ in 2021 prices | Iceland |
| 2010s | 56.04 international-$ in 2021 prices | 55.32 international-$ in 2021 prices | 0.7219 international-$ in 2021 prices | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income or consumption per day vs. gdp per capita, Australia or Iceland?
- Iceland, at 60.63 international-$ in 2021 prices against 59.71 international-$ in 2021 prices in Australia as of 2019.
- What is the difference in median income or consumption per day vs. gdp per capita between Australia and Iceland?
- 0.92 international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Australia and Iceland?
- 7 years are reported by both, from 2003 to 2018.
- How do Australia and Iceland rank globally for median income or consumption per day vs. gdp per capita?
- Australia ranks 11th and Iceland ranks 10th of 118 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Median income or consumption per day vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income or consumption per day below which 50% of the population live.