Income in real terms in Iceland
Iceland: Income in real terms was 122.35 in 2020. ▲ Rising
Latest (2020)
122.35
Change on year
up 1.7%
World rank
15th
of 31 countries
All-time high
122.6
in 2018
All-time low
88.22
in 2012
Years of data
10
2011–2020
Income in real terms in Iceland, 2011–2020
Source: Eurostat.
Analysis
In 2020, income in real terms in Iceland stood at 122.35.
Compared with earlier readings it is up 1.7% on the previous year and up 35.4% over ten years.
Over the whole period, income in real terms in Iceland peaked at 122.6 in 2018 and was at its lowest, 88.22, in 2012.
That places Iceland 15th out of 31 countries with data for 2020, putting it in the middle of the range.
Income in real terms in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 90.36 | — |
| 2012 | 88.22 | -2.4% |
| 2013 | 90.88 | +3.0% |
| 2014 | 93.37 | +2.7% |
| 2015 | 96.28 | +3.1% |
| 2016 | 104.91 | +9.0% |
| 2017 | 113.39 | +8.1% |
| 2018 | 122.6 | +8.1% |
| 2019 | 120.32 | -1.9% |
| 2020 | 122.35 | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 102.26 | 88.22 | 122.6 | 9 |
| 2020s | 122.35 | 122.35 | 122.35 | 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)
- GDP (constant 2015 US$), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5991 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 58,910 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.28 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 92.99 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 9.14 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 13.17 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2431 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is income in real terms in Iceland?
- Income in real terms in Iceland was 122.35 in 2020, according to Eurostat.
- What is the highest income in real terms recorded in Iceland?
- The highest recorded value was 122.6 in 2018.
- What is the lowest income in real terms recorded in Iceland?
- The lowest recorded value was 88.22 in 2012.
- How does Iceland rank for income in real terms?
- Iceland ranks 15th out of 31 countries with data for 2020.
- Is income in real terms rising or falling in Iceland?
- Over the last ten years it is up 35.4%. 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 Income in real terms (2010 SILC=100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Eurostat).