Iceland vs Singapore: Threshold income for each decile (before tax)

Iceland
14,168 international-$ in 2025 prices
in 2016
Singapore
20,708 international-$ in 2025 prices
in 2014
Iceland rank
6th
Singapore rank
3rd

Threshold income for each decile (before tax) over time

  • Iceland
  • Singapore
5.0k10.0k15.0k20.0k194719812016

How they compare

Singapore currently reports 20,708 international-$ in 2025 prices against 14,168 international-$ in 2025 prices in Iceland, a difference of 6,540 international-$ in 2025 prices.

That makes Singapore's figure about 1.5 times Iceland's.

Across all 24 years both countries report, Singapore has been ahead every year.

Iceland ranks 6th and Singapore ranks 3rd of 113 countries.

Singapore has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Singapore Difference Ahead
1990s 8,303 international-$ in 2025 prices 12,880 international-$ in 2025 prices 4,577 international-$ in 2025 prices Singapore
2000s 10,365 international-$ in 2025 prices 15,898 international-$ in 2025 prices 5,533 international-$ in 2025 prices Singapore
2010s 11,515 international-$ in 2025 prices 20,007 international-$ in 2025 prices 8,492 international-$ in 2025 prices Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher threshold income for each decile (before tax), Iceland or Singapore?
Singapore, at 20,708 international-$ in 2025 prices against 14,168 international-$ in 2025 prices in Iceland as of 2014.
What is the difference in threshold income for each decile (before tax) between Iceland and Singapore?
6,540 international-$ in 2025 prices, with Singapore ahead.
How many years of comparable data are there for Iceland and Singapore?
24 years are reported by both, from 1991 to 2014.
How do Iceland and Singapore rank globally for threshold income for each decile (before tax)?
Iceland ranks 6th and Singapore ranks 3rd of 113 countries.
Where does this data come from?
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as Threshold income for each decile (before tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Singapore: Threshold income for each decile (before tax). Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/threshold-income-for-each-decile-before-tax-wid/iceland/singapore/

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About this data

Indicator
Threshold income for each decile (before tax)
Unit
international-$ in 2025 prices
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,069 data points, 1820–2024
Last refreshed

Level of income per year below which 10% of the population falls. Income here is measured before taxes and benefits.