Gini coefficient of equivalised disposable income before social in Iceland
Iceland: Gini coefficient of equivalised disposable income before social was 30.4 in 2020. ▼ Falling
Latest (2020)
30.4
Change on year
up 3.8%
World rank
39th
of 47 countries
All-time high
33.9
in 2009
All-time low
28.2
in 2018
Years of data
17
2004–2020
Gini coefficient of equivalised disposable income before social in Iceland, 2004–2020
Source: Eurostat.
Analysis
In 2020, gini coefficient of equivalised disposable income before social in Iceland stood at 30.4.
That represents a change of up 3.8% on the previous year and down 7.9% over ten years.
Over the whole period, gini coefficient of equivalised disposable income before social in Iceland peaked at 33.9 in 2009 and was at its lowest, 28.2, in 2018.
That places Iceland 39th out of 47 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Gini coefficient of equivalised disposable income before social in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 28.8 | — |
| 2005 | 29.9 | +3.8% |
| 2006 | 30.8 | +3.0% |
| 2007 | 32.2 | +4.5% |
| 2008 | 31.5 | -2.2% |
| 2009 | 33.9 | +7.6% |
| 2010 | 33 | -2.7% |
| 2011 | 31.3 | -5.2% |
| 2012 | 31.8 | +1.6% |
| 2013 | 31.1 | -2.2% |
| 2014 | 29.4 | -5.5% |
| 2015 | 31.1 | +5.8% |
| 2016 | 29.7 | -4.5% |
| 2017 | 29.7 | +0.0% |
| 2018 | 28.2 | -5.1% |
| 2019 | 29.3 | +3.9% |
| 2020 | 30.4 | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.18 | 28.8 | 33.9 | 6 |
| 2010s | 30.46 | 28.2 | 33 | 10 |
| 2020s | 30.4 | 30.4 | 30.4 | 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)
- Exports of goods and services (current LCU), annual growth rate 2.27 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 51.52 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.07 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.9908 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.274 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 26,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.75 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gini coefficient of equivalised disposable income before social in Iceland?
- Gini coefficient of equivalised disposable income before social in Iceland was 30.4 in 2020, according to Eurostat.
- What is the highest gini coefficient of equivalised disposable income before social recorded in Iceland?
- The highest recorded value was 33.9 in 2009.
- What is the lowest gini coefficient of equivalised disposable income before social recorded in Iceland?
- The lowest recorded value was 28.2 in 2018.
- How does Iceland rank for gini coefficient of equivalised disposable income before social?
- Iceland ranks 39th out of 47 countries with data for 2020.
- Is gini coefficient of equivalised disposable income before social rising or falling in Iceland?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Gini coefficient of equivalised disposable income before social transfers (pensions excluded from social transfers). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).