Finland vs Iceland: Income inequality: Palma ratio (after tax)
Finland
0.9062
in 2016
Iceland
0.8776
in 2017
Finland rank
42nd
Iceland rank
45th
Income inequality: Palma ratio (after tax) over time
- Finland
- Iceland
How they compare
Finland currently reports 0.9062 against 0.8776 in Iceland, a difference of 0.0286.
The two have swapped places 2 times across 5 shared years of data; in 2004 it was Iceland ahead.
Finland ranks 42nd 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 | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.9289 | 1.03 | 0.1007 | Iceland |
| 2010s | 0.91 | 0.9119 | 0.0019 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income inequality: palma ratio (after tax), Finland or Iceland?
- Finland, at 0.9062 against 0.8776 in Iceland as of 2016.
- What is the difference in income inequality: palma ratio (after tax) between Finland and Iceland?
- 0.0286, with Finland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 5 years are reported by both, from 2004 to 2016.
- How do Finland and Iceland rank globally for income inequality: palma ratio (after tax)?
- Finland ranks 42nd 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.