Belgium vs Iceland: Income inequality: Palma ratio (after tax)
Belgium
0.825
in 2024
Iceland
0.8776
in 2017
Belgium rank
46th
Iceland rank
45th
Income inequality: Palma ratio (after tax) over time
- Belgium
- Iceland
How they compare
Iceland currently reports 0.8776 against 0.825 in Belgium, a difference of 0.0526.
That makes Iceland's figure about 1.1 times Belgium's.
The two have swapped places 6 times across 15 shared years of data; in 2003 it was Belgium ahead.
Belgium ranks 46th and Iceland ranks 45th of 48 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.9332 | 1.06 | 0.1269 | Iceland |
| 2010s | 0.9042 | 0.9129 | 0.0087 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Belgium or Iceland?
- Iceland, at 0.8776 against 0.825 in Belgium as of 2017.
- What is the difference in income inequality: palma ratio (after tax) between Belgium and Iceland?
- 0.0526, with Iceland ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 15 years are reported by both, from 2003 to 2017.
- How do Belgium and Iceland rank globally for income inequality: palma ratio (after tax)?
- Belgium ranks 46th and Iceland ranks 45th of 48 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Income inequality: Palma ratio (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income after taxes and benefits.