Distribution of income by household composition in Iceland
Iceland: Distribution of income by household composition was 39,385 Euro in 2020. ▲ Rising
Distribution of income by household composition in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for distribution of income by household composition in Iceland is 39,385 Euro, measured in 2020.
Compared with earlier readings it is down 3.1% on the previous year and up 90.7% over ten years.
Over the whole period, distribution of income by household composition in Iceland peaked at 43,759 Euro in 2018 and was at its lowest, 20,654 Euro, in 2010.
That places Iceland 7th out of 49 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 by household composition in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 24,485 Euro | — |
| 2005 | 26,323 Euro | +7.5% |
| 2006 | 32,268 Euro | +22.6% |
| 2007 | 33,741 Euro | +4.6% |
| 2008 | 37,403 Euro | +10.9% |
| 2009 | 26,552 Euro | -29.0% |
| 2010 | 20,654 Euro | -22.2% |
| 2011 | 20,701 Euro | +0.2% |
| 2012 | 21,491 Euro | +3.8% |
| 2013 | 23,310 Euro | +8.5% |
| 2014 | 24,514 Euro | +5.2% |
| 2015 | 27,527 Euro | +12.3% |
| 2016 | 31,630 Euro | +14.9% |
| 2017 | 37,383 Euro | +18.2% |
| 2018 | 43,759 Euro | +17.1% |
| 2019 | 40,627 Euro | -7.2% |
| 2020 | 39,385 Euro | -3.1% |
Iceland compared with similar countries
- Iceland's 39,385 Euro is above the median for Europe & Central Asia, which is 22,487 Euro, 1.8× the median. (34 countries reporting)
- Iceland's 39,385 Euro is above the median for high income countries, which is 25,011 Euro, 1.6× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30,129 Euro | 24,485 Euro | 37,403 Euro | 6 |
| 2010s | 29,160 Euro | 20,654 Euro | 43,759 Euro | 10 |
| 2020s | 39,385 Euro | 39,385 Euro | 39,385 Euro | 1 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is distribution of income by household composition in Iceland?
- Distribution of income by household composition in Iceland was 39,385 Euro in 2020, according to Eurostat.
- What is the highest distribution of income by household composition recorded in Iceland?
- The highest recorded value was 43,759 Euro in 2018.
- What is the lowest distribution of income by household composition recorded in Iceland?
- The lowest recorded value was 20,654 Euro in 2010.
- How does Iceland rank for distribution of income by household composition?
- Iceland ranks 7th out of 49 countries with data for 2020.
- Is distribution of income by household composition rising or falling in Iceland?
- Over the last ten years it is up 90.7%. 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 by household composition. Statizoid updates them automatically from the source API.
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