Adequacy of minimum income benefits — Net annualised income of in Iceland
Iceland: Adequacy of minimum income benefits — Net annualised income of was 46 Percentage of median disposable household income in 2025. ▬ Flat
Adequacy of minimum income benefits — Net annualised income of in Iceland, 2001–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of median disposable household income.
Analysis
The most recent figure for adequacy of minimum income benefits — net annualised income of in Iceland is 46 Percentage of median disposable household income, measured in 2025.
The figure is down 2.1% over ten years.
Over the whole period, adequacy of minimum income benefits — net annualised income of in Iceland peaked at 53 Percentage of median disposable household income in 2011 and was at its lowest, 37 Percentage of median disposable household income, in 2008.
That places Iceland 2nd out of 31 countries with data for 2025, putting it in the top 10%.
Adequacy of minimum income benefits — Net annualised income of in Iceland, year by year
| Year | Percentage of median disposable household income | Change |
|---|---|---|
| 2001 | 46 Percentage of median disposable household income | — |
| 2002 | 46 Percentage of median disposable household income | +0.0% |
| 2003 | 47 Percentage of median disposable household income | +2.2% |
| 2004 | 46 Percentage of median disposable household income | -2.1% |
| 2005 | 47 Percentage of median disposable household income | +2.2% |
| 2006 | 42 Percentage of median disposable household income | -10.6% |
| 2007 | 40 Percentage of median disposable household income | -4.8% |
| 2008 | 37 Percentage of median disposable household income | -7.5% |
| 2009 | 44 Percentage of median disposable household income | +18.9% |
| 2010 | 49 Percentage of median disposable household income | +11.4% |
| 2011 | 53 Percentage of median disposable household income | +8.2% |
| 2012 | 52 Percentage of median disposable household income | -1.9% |
| 2013 | 50 Percentage of median disposable household income | -3.8% |
| 2014 | 51 Percentage of median disposable household income | +2.0% |
| 2015 | 47 Percentage of median disposable household income | -7.8% |
| 2016 | 44 Percentage of median disposable household income | -6.4% |
| 2017 | 43 Percentage of median disposable household income | -2.3% |
| 2018 | 44 Percentage of median disposable household income | +2.3% |
| 2019 | 48 Percentage of median disposable household income | +9.1% |
| 2020 | 48 Percentage of median disposable household income | +0.0% |
| 2021 | 48 Percentage of median disposable household income | +0.0% |
| 2022 | 47 Percentage of median disposable household income | -2.1% |
| 2023 | 44 Percentage of median disposable household income | -6.4% |
| 2024 | 46 Percentage of median disposable household income | +4.5% |
| 2025 | 46 Percentage of median disposable household income | +0.0% |
Iceland compared with similar countries
- Iceland's 46 Percentage of median disposable household income is above the median for high income countries, which is 25 Percentage of median disposable household income, 1.8× the median. (30 countries reporting)
- Iceland's 46 Percentage of median disposable household income is above the median for Europe & Central Asia, which is 25 Percentage of median disposable household income, 1.8× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.89 Percentage of median disposable household income | 37 Percentage of median disposable household income | 47 Percentage of median disposable household income | 9 |
| 2010s | 48.1 Percentage of median disposable household income | 43 Percentage of median disposable household income | 53 Percentage of median disposable household income | 10 |
| 2020s | 46.5 Percentage of median disposable household income | 44 Percentage of median disposable household income | 48 Percentage of median disposable household income | 6 |
Countries ranked near Iceland
- 1 Denmark 53 Percentage of median disposable household income compare
- 1 Netherlands 43 Percentage of median disposable household income compare
- 2 Slovenia 29 Percentage of median disposable household income compare
- 2 Lithuania 29 Percentage of median disposable household income compare
- 2 Luxembourg 46 Percentage of median disposable household income compare
- 2 Croatia 14 Percentage of median disposable household income compare
- 4 Poland 21 Percentage of median disposable household income compare
- 4 Belgium 42 Percentage of median disposable household income compare
- 4 Japan 42 Percentage of median disposable household income compare
- 5 Latvia 16 Percentage of median disposable household income compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is adequacy of minimum income benefits — net annualised income of in Iceland?
- Adequacy of minimum income benefits — net annualised income of in Iceland was 46 Percentage of median disposable household income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest adequacy of minimum income benefits — net annualised income of recorded in Iceland?
- The highest recorded value was 53 Percentage of median disposable household income in 2011.
- What is the lowest adequacy of minimum income benefits — net annualised income of recorded in Iceland?
- The lowest recorded value was 37 Percentage of median disposable household income in 2008.
- How does Iceland rank for adequacy of minimum income benefits — net annualised income of?
- Iceland ranks 2nd out of 31 countries with data for 2025.
- Is adequacy of minimum income benefits — net annualised income of rising or falling in Iceland?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Adequacy of minimum income benefits — Net annualised income of selected jobless families that claim minimum income benefits. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This indicator measures the income of selected jobless families receiving Minimum Income benefits. Values are expressed both in national currency and as a percentage of the median disposable income in the country. When the country's poverty line is defined as a fixed percentage of the median disposable income, the normalization of benefit amounts in terms of the median disposable income allows measuring the gap between benefit entitlements and the poverty line. For instance, if the poverty threshold is 50% of the median disposable income, a value of the indicator of 30% means that benefit entitlements are 20 percentage points below the poverty line. Calculations for families with children assume 2 children aged 4 and 6 who do not use formal childcare.