Distribution of income before social transfers (pensions excluded) in Iceland
Iceland: Distribution of income before social transfers (pensions excluded) was 36,512 Euro in 2020. ▲ Rising
Latest (2020)
36,512 Euro
Change on year
down 4.4%
World rank
8th
of 47 countries
All-time high
42,203 Euro
in 2018
All-time low
18,826 Euro
in 2011
Years of data
17
2004–2020
Distribution of income before social transfers (pensions excluded) in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
Iceland recorded 36,512 Euro for distribution of income before social transfers (pensions excluded) in 2020.
That represents a change of down 4.4% on the previous year and up 93.2% over ten years.
Over the whole period, distribution of income before social transfers (pensions excluded) in Iceland peaked at 42,203 Euro in 2018 and was at its lowest, 18,826 Euro, in 2011.
That places Iceland 8th out of 47 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Distribution of income before social transfers (pensions excluded) in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 22,755 Euro | — |
| 2005 | 24,356 Euro | +7.0% |
| 2006 | 30,120 Euro | +23.7% |
| 2007 | 32,160 Euro | +6.8% |
| 2008 | 35,998 Euro | +11.9% |
| 2009 | 25,568 Euro | -29.0% |
| 2010 | 18,895 Euro | -26.1% |
| 2011 | 18,826 Euro | -0.4% |
| 2012 | 19,376 Euro | +2.9% |
| 2013 | 21,267 Euro | +9.8% |
| 2014 | 22,701 Euro | +6.7% |
| 2015 | 25,691 Euro | +13.2% |
| 2016 | 30,003 Euro | +16.8% |
| 2017 | 36,469 Euro | +21.6% |
| 2018 | 42,203 Euro | +15.7% |
| 2019 | 38,212 Euro | -9.5% |
| 2020 | 36,512 Euro | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28,493 Euro | 22,755 Euro | 35,998 Euro | 6 |
| 2010s | 27,364 Euro | 18,826 Euro | 42,203 Euro | 10 |
| 2020s | 36,512 Euro | 36,512 Euro | 36,512 Euro | 1 |
Countries ranked near Iceland
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 distribution of income before social transfers (pensions excluded) in Iceland?
- Distribution of income before social transfers (pensions excluded) in Iceland was 36,512 Euro in 2020, according to Eurostat.
- What is the highest distribution of income before social transfers (pensions excluded) recorded in Iceland?
- The highest recorded value was 42,203 Euro in 2018.
- What is the lowest distribution of income before social transfers (pensions excluded) recorded in Iceland?
- The lowest recorded value was 18,826 Euro in 2011.
- How does Iceland rank for distribution of income before social transfers (pensions excluded)?
- Iceland ranks 8th out of 47 countries with data for 2020.
- Is distribution of income before social transfers (pensions excluded) rising or falling in Iceland?
- Over the last ten years it is up 93.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Distribution of income before social transfers (pensions excluded from social transfers) by household composition. Statizoid updates them automatically from the source API.
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