Income quintile share ratio S80/S20 by NUTS 2 region in Iceland
Iceland: Income quintile share ratio S80/S20 by NUTS 2 region was 3.4 Index in 2022. ▼ Falling
Latest (2022)
3.4 Index
Change on year
unchanged
World rank
42nd
of 47 countries
All-time high
4.2 Index
in 2009
All-time low
3.1 Index
in 2014
Years of data
19
2004–2022
Income quintile share ratio S80/S20 by NUTS 2 region in Iceland, 2004–2022
Source: Eurostat. Measured in Index.
Analysis
Iceland recorded 3.4 Index for income quintile share ratio s80/s20 by nuts 2 region in 2022.
That represents a change of unchanged over ten years.
Over the whole period, income quintile share ratio s80/s20 by nuts 2 region in Iceland peaked at 4.2 Index in 2009 and was at its lowest, 3.1 Index, in 2014.
That places Iceland 42nd out of 47 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Income quintile share ratio S80/S20 by NUTS 2 region in Iceland, year by year
| Year | Index | Change |
|---|---|---|
| 2004 | 3.4 Index | — |
| 2005 | 3.5 Index | +2.9% |
| 2006 | 3.7 Index | +5.7% |
| 2007 | 3.9 Index | +5.4% |
| 2008 | 3.8 Index | -2.6% |
| 2009 | 4.2 Index | +10.5% |
| 2010 | 3.6 Index | -14.3% |
| 2011 | 3.3 Index | -8.3% |
| 2012 | 3.4 Index | +3.0% |
| 2013 | 3.4 Index | +0.0% |
| 2014 | 3.1 Index | -8.8% |
| 2015 | 3.4 Index | +9.7% |
| 2016 | 3.3 Index | -2.9% |
| 2017 | 3.6 Index | +9.1% |
| 2018 | 3.2 Index | -11.1% |
| 2019 | 3.3 Index | +3.1% |
| 2020 | 3.4 Index | +3.0% |
| 2021 | 3.4 Index | +0.0% |
| 2022 | 3.4 Index | +0.0% |
Iceland compared with similar countries
- Iceland's 3.4 Index is below the median for Europe & Central Asia, which is 4.7 Index, 72% of the median. (34 countries reporting)
- Iceland's 3.4 Index is below the median for high income countries, which is 4.6 Index, 74% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.75 Index | 3.4 Index | 4.2 Index | 6 |
| 2010s | 3.36 Index | 3.1 Index | 3.6 Index | 10 |
| 2020s | 3.4 Index | 3.4 Index | 3.4 Index | 3 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is income quintile share ratio s80/s20 by nuts 2 region in Iceland?
- Income quintile share ratio s80/s20 by nuts 2 region in Iceland was 3.4 Index in 2022, according to Eurostat.
- What is the highest income quintile share ratio s80/s20 by nuts 2 region recorded in Iceland?
- The highest recorded value was 4.2 Index in 2009.
- What is the lowest income quintile share ratio s80/s20 by nuts 2 region recorded in Iceland?
- The lowest recorded value was 3.1 Index in 2014.
- How does Iceland rank for income quintile share ratio s80/s20 by nuts 2 region?
- Iceland ranks 42nd out of 47 countries with data for 2022.
- Is income quintile share ratio s80/s20 by nuts 2 region rising or falling in Iceland?
- Over the last ten years it is unchanged. 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 Income quintile share ratio S80/S20 by NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
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