Distribution of income by quantiles in Iceland

Iceland: Distribution of income by quantiles was 28,735 in 2020. ▲ Rising

Latest (2020)
28,735
Change on year
down 2.0%
World rank
4th
of 37 countries
All-time high
31,490
in 2018
All-time low
14,259
in 2010
Years of data
17
2004–2020

Distribution of income by quantiles in Iceland, 2004–2020

010.0k20.0k30.0k2004201220202004: 17.2k2005: 18.3k2006: 22.2k2007: 22.3k2008: 25.1k2009: 17.0k2010: 14.3k2011: 14.9k2012: 15.3k2013: 16.5k2014: 17.5k2015: 19.5k2016: 22.5k2017: 26.3k2018: 31.5k2019: 29.3k2020: 28.7k

Source: Eurostat.

Analysis

In 2020, distribution of income by quantiles in Iceland stood at 28,735.

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 in 2018 and was at its lowest, 14,259, in 2010.

That places Iceland 4th out of 37 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

Annual values for Distribution of income by quantiles in Iceland, 2004 to 2020.
Year Value Change
2004 17,233
2005 18,341 +6.4%
2006 22,215 +21.1%
2007 22,289 +0.3%
2008 25,149 +12.8%
2009 17,037 -32.3%
2010 14,259 -16.3%
2011 14,904 +4.5%
2012 15,308 +2.7%
2013 16,545 +8.1%
2014 17,532 +6.0%
2015 19,495 +11.2%
2016 22,463 +15.2%
2017 26,259 +16.9%
2018 31,490 +19.9%
2019 29,311 -6.9%
2020 28,735 -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 20,377 17,037 25,149 6
2010s 20,757 14,259 31,490 10
2020s 28,735 28,735 28,735 1

Countries ranked near Iceland

  1. 1 Luxembourg 36,961 compare
  2. 2 Switzerland 36,720 compare
  3. 3 Norway 32,258 compare
  4. 5 Denmark 27,145 compare
  5. 6 Austria 26,807 compare
  6. 7 Ireland 25,852 compare

See the full ranking of 46 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is distribution of income by quantiles in Iceland?
Distribution of income by quantiles in Iceland was 28,735 in 2020, according to Eurostat.
What is the highest distribution of income by quantiles recorded in Iceland?
The highest recorded value was 31,490 in 2018.
What is the lowest distribution of income by quantiles recorded in Iceland?
The lowest recorded value was 14,259 in 2010.
How does Iceland rank for distribution of income by quantiles?
Iceland ranks 4th out of 37 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.

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Distribution of income by quantiles in Iceland. Statizoid, drawing on Eurostat. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/distribution-of-income-by-quantiles/iceland/

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About this data

Indicator
Distribution of income by quantiles
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
46 places, 932 data points, 1995–2025
Last refreshed