Distribution of population by income groups in Iceland

Iceland: Distribution of population by income groups was 8.8 in 2020. ▬ Flat

Latest (2020)
8.8
Change on year
down 5.4%
World rank
35th
of 35 countries
All-time high
10.1
in 2017
All-time low
7.9
in 2012
Years of data
11
2010–2020

Distribution of population by income groups in Iceland, 2010–2020

02.557.5102010201520202010: 9.82011: 9.22012: 7.92013: 9.32014: 7.92015: 9.22016: 8.82017: 10.12018: 8.82019: 9.32020: 8.8

Source: Eurostat.

Analysis

The most recent figure for distribution of population by income groups in Iceland is 8.8, measured in 2020.

The figure is down 5.4% on the previous year and down 10.2% over ten years.

Over the whole period, distribution of population by income groups in Iceland peaked at 10.1 in 2017 and was at its lowest, 7.9, in 2012.

That places Iceland 35th out of 35 countries with data for 2020, putting it in the bottom quarter.

Distribution of population by income groups in Iceland, year by year

Annual values for Distribution of population by income groups in Iceland, 2010 to 2020.
Year Value Change
2010 9.8
2011 9.2 -6.1%
2012 7.9 -14.1%
2013 9.3 +17.7%
2014 7.9 -15.1%
2015 9.2 +16.5%
2016 8.8 -4.3%
2017 10.1 +14.8%
2018 8.8 -12.9%
2019 9.3 +5.7%
2020 8.8 -5.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.03 7.9 10.1 10
2020s 8.8 8.8 8.8 1

Countries ranked near Iceland

  1. 32 Norway 11.3 compare
  2. 33 Belgium 10.9 compare
  3. 34 Czechia 9.6 compare

See the full ranking of 39 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is distribution of population by income groups in Iceland?
Distribution of population by income groups in Iceland was 8.8 in 2020, according to Eurostat.
What is the highest distribution of population by income groups recorded in Iceland?
The highest recorded value was 10.1 in 2017.
What is the lowest distribution of population by income groups recorded in Iceland?
The lowest recorded value was 7.9 in 2012.
How does Iceland rank for distribution of population by income groups?
Iceland ranks 35th out of 35 countries with data for 2020.
Is distribution of population by income groups rising or falling in Iceland?
Over the last ten years it is down 10.2%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Distribution of population by income groups. Statizoid updates them automatically from the source API.

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Distribution of population by income groups in Iceland. Statizoid, drawing on Eurostat. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/distribution-of-population-by-income-groups/iceland/

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About this data

Indicator
Distribution of population by income groups
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
39 places, 579 data points, 2010–2025
Last refreshed