Effect of taxes on income quintile share ratio S80/S20 in Iceland
Iceland: Effect of taxes on income quintile share ratio S80/S20 was -0.5 Ratio in 2020. ◆ Volatile
Effect of taxes on income quintile share ratio S80/S20 in Iceland, 2010–2020
Source: Eurostat. Measured in Ratio.
Analysis
In 2020, effect of taxes on income quintile share ratio s80/s20 in Iceland stood at -0.5 Ratio. That is the lowest value across all 11 years on record.
The figure is down 150.0% on the previous year and down 150.0% over ten years.
Over the whole period, effect of taxes on income quintile share ratio s80/s20 in Iceland peaked at 0.5 Ratio in 2016 and was at its lowest, -0.5 Ratio, in 2020.
Iceland ranks 44th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Effect of taxes on income quintile share ratio S80/S20 in Iceland, year by year
| Year | Ratio | Change |
|---|---|---|
| 2010 | -0.2 Ratio | — |
| 2011 | 0.3 Ratio | -250.0% |
| 2012 | 0.4 Ratio | +33.3% |
| 2013 | 0.3 Ratio | -25.0% |
| 2014 | 0.4 Ratio | +33.3% |
| 2015 | 0.4 Ratio | +0.0% |
| 2016 | 0.5 Ratio | +25.0% |
| 2017 | 0.3 Ratio | -40.0% |
| 2018 | 0.2 Ratio | -33.3% |
| 2019 | -0.2 Ratio | -200.0% |
| 2020 | -0.5 Ratio | +150.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.24 Ratio | -0.2 Ratio | 0.5 Ratio | 10 |
| 2020s | -0.5 Ratio | -0.5 Ratio | -0.5 Ratio | 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)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is effect of taxes on income quintile share ratio s80/s20 in Iceland?
- Effect of taxes on income quintile share ratio s80/s20 in Iceland was -0.5 Ratio in 2020, according to Eurostat.
- What is the highest effect of taxes on income quintile share ratio s80/s20 recorded in Iceland?
- The highest recorded value was 0.5 Ratio in 2016.
- What is the lowest effect of taxes on income quintile share ratio s80/s20 recorded in Iceland?
- The lowest recorded value was -0.5 Ratio in 2020.
- How does Iceland rank for effect of taxes on income quintile share ratio s80/s20?
- Iceland ranks 44th out of 45 countries with data for 2020.
- Is effect of taxes on income quintile share ratio s80/s20 rising or falling in Iceland?
- Over the last ten years it is down 150.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Effect of taxes on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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