Czechia vs Iceland: Income inequality: Palma ratio (after tax)
Czechia
0.8215
in 2023
Iceland
0.8776
in 2017
Czechia rank
47th
Iceland rank
45th
Income inequality: Palma ratio (after tax) over time
- Czechia
- Iceland
How they compare
Iceland currently reports 0.8776 against 0.8215 in Czechia, a difference of 0.0561.
That makes Iceland's figure about 1.1 times Czechia's.
The two have swapped places 5 times across 14 shared years of data; in 2004 it was Czechia ahead.
Czechia ranks 47th 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 | Czechia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8957 | 1.09 | 0.1943 | Iceland |
| 2010s | 0.8867 | 0.9129 | 0.0261 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Czechia or Iceland?
- Iceland, at 0.8776 against 0.8215 in Czechia as of 2017.
- What is the difference in income inequality: palma ratio (after tax) between Czechia and Iceland?
- 0.0561, with Iceland ahead.
- How many years of comparable data are there for Czechia and Iceland?
- 14 years are reported by both, from 2004 to 2017.
- How do Czechia and Iceland rank globally for income inequality: palma ratio (after tax)?
- Czechia ranks 47th 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.