Canada vs Iceland: Median income per year (after tax)
Canada
40,884 international-$ in 2021 prices
in 2022
Iceland
44,381 international-$ in 2021 prices
in 2017
Canada rank
7th
Iceland rank
4th
Median income per year (after tax) over time
- Canada
- Iceland
How they compare
Iceland currently reports 44,381 international-$ in 2021 prices against 40,884 international-$ in 2021 prices in Canada, a difference of 3,497 international-$ in 2021 prices.
That makes Iceland's figure about 1.1 times Canada's.
The two have swapped places 2 times across 15 shared years of data; in 2003 it was Iceland ahead.
Canada ranks 7th and Iceland ranks 4th of 47 countries.
Across the 2 decades both report, Canada averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33,642 international-$ in 2021 prices | 37,714 international-$ in 2021 prices | 4,073 international-$ in 2021 prices | Iceland |
| 2010s | 37,393 international-$ in 2021 prices | 37,092 international-$ in 2021 prices | 300.56 international-$ in 2021 prices | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income per year (after tax), Canada or Iceland?
- Iceland, at 44,381 international-$ in 2021 prices against 40,884 international-$ in 2021 prices in Canada as of 2017.
- What is the difference in median income per year (after tax) between Canada and Iceland?
- 3,497 international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Canada and Iceland?
- 15 years are reported by both, from 2003 to 2017.
- How do Canada and Iceland rank globally for median income per year (after tax)?
- Canada ranks 7th and Iceland ranks 4th 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 income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income per year below which 50% of the population live.