Distribution of income by quantiles in Iceland
Iceland: Distribution of income by quantiles was 28,735 Euro in 2020. ▲ Rising
Latest (2020)
28,735 Euro
Change on year
down 2.0%
World rank
4th
of 49 countries
All-time high
31,490 Euro
in 2018
All-time low
14,259 Euro
in 2010
Years of data
17
2004–2020
Distribution of income by quantiles in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
In 2020, distribution of income by quantiles in Iceland stood at 28,735 Euro.
That represents a change of down 2.0% on the previous year and up 101.5% over ten years.
Over the whole period, distribution of income by quantiles in Iceland peaked at 31,490 Euro in 2018 and was at its lowest, 14,259 Euro, in 2010.
That places Iceland 4th out of 49 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Distribution of income by quantiles in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 17,233 Euro | — |
| 2005 | 18,341 Euro | +6.4% |
| 2006 | 22,215 Euro | +21.1% |
| 2007 | 22,289 Euro | +0.3% |
| 2008 | 25,149 Euro | +12.8% |
| 2009 | 17,037 Euro | -32.3% |
| 2010 | 14,259 Euro | -16.3% |
| 2011 | 14,904 Euro | +4.5% |
| 2012 | 15,308 Euro | +2.7% |
| 2013 | 16,545 Euro | +8.1% |
| 2014 | 17,532 Euro | +6.0% |
| 2015 | 19,495 Euro | +11.2% |
| 2016 | 22,463 Euro | +15.2% |
| 2017 | 26,259 Euro | +16.9% |
| 2018 | 31,490 Euro | +19.9% |
| 2019 | 29,311 Euro | -6.9% |
| 2020 | 28,735 Euro | -2.0% |
Iceland compared with similar countries
- Iceland's 28,735 Euro is above the median for Europe & Central Asia, which is 14,260 Euro, 2.0× the median. (34 countries reporting)
- Iceland's 28,735 Euro is above the median for high income countries, which is 15,050 Euro, 1.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,377 Euro | 17,037 Euro | 25,149 Euro | 6 |
| 2010s | 20,757 Euro | 14,259 Euro | 31,490 Euro | 10 |
| 2020s | 28,735 Euro | 28,735 Euro | 28,735 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 quantiles in Iceland?
- Distribution of income by quantiles in Iceland was 28,735 Euro in 2020, according to Eurostat.
- What is the highest distribution of income by quantiles recorded in Iceland?
- The highest recorded value was 31,490 Euro in 2018.
- What is the lowest distribution of income by quantiles recorded in Iceland?
- The lowest recorded value was 14,259 Euro in 2010.
- How does Iceland rank for distribution of income by quantiles?
- Iceland ranks 4th out of 49 countries with data for 2020.
- Is distribution of income by quantiles rising or falling in Iceland?
- Over the last ten years it is up 101.5%. 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 quantiles. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).