Iceland vs Slovakia: Income inequality: Palma ratio (after tax)

Iceland
0.8776
in 2017
Slovakia
0.7589
in 2018
Iceland rank
45th
Slovakia rank
48th

Income inequality: Palma ratio (after tax) over time

  • Iceland
  • Slovakia
00.250.50.7511.2199220052018

How they compare

Iceland currently reports 0.8776 against 0.7589 in Slovakia, a difference of 0.1187.

That makes Iceland's figure about 1.2 times Slovakia's.

The two have swapped places 3 times across 8 shared years of data; in 2004 it was Slovakia ahead.

Iceland ranks 45th and Slovakia ranks 48th of 48 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Slovakia Difference Ahead
2000s 1.03 0.8882 0.1414 Iceland
2010s 0.9202 0.8224 0.0978 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher income inequality: palma ratio (after tax), Iceland or Slovakia?
Iceland, at 0.8776 against 0.7589 in Slovakia as of 2017.
What is the difference in income inequality: palma ratio (after tax) between Iceland and Slovakia?
0.1187, with Iceland ahead.
How many years of comparable data are there for Iceland and Slovakia?
8 years are reported by both, from 2004 to 2017.
How do Iceland and Slovakia rank globally for income inequality: palma ratio (after tax)?
Iceland ranks 45th and Slovakia ranks 48th 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.

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Iceland vs Slovakia: Income inequality: Palma ratio (after tax). Statizoid, drawing on Luxembourg Income Study (2026) – with minor processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/palma-ratio-after-tax-lis/iceland/slovak-republic/

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About this data

Indicator
Income inequality: Palma ratio (after tax)
Source
Luxembourg Income Study (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 1,046 data points, 1963–2024
Last refreshed

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.