Income quintile share ratio S80/S20 for disposable income by sex and in Iceland
Iceland: Income quintile share ratio S80/S20 for disposable income by sex and was 3.41 Ratio in 2020. ▼ Falling
Latest (2020)
3.41 Ratio
Change on year
up 1.8%
World rank
42nd
of 47 countries
All-time high
4.22 Ratio
in 2009
All-time low
3.12 Ratio
in 2014
Years of data
17
2004–2020
Income quintile share ratio S80/S20 for disposable income by sex and in Iceland, 2004–2020
Source: Eurostat. Measured in Ratio.
Analysis
Iceland recorded 3.41 Ratio for income quintile share ratio s80/s20 for disposable income by sex and in 2020.
The figure is up 1.8% on the previous year and down 5.5% over ten years.
Over the whole period, income quintile share ratio s80/s20 for disposable income by sex and in Iceland peaked at 4.22 Ratio in 2009 and was at its lowest, 3.12 Ratio, in 2014.
That places Iceland 42nd 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.
Income quintile share ratio S80/S20 for disposable income by sex and in Iceland, year by year
| Year | Ratio | Change |
|---|---|---|
| 2004 | 3.4 Ratio | — |
| 2005 | 3.51 Ratio | +3.2% |
| 2006 | 3.74 Ratio | +6.6% |
| 2007 | 3.95 Ratio | +5.6% |
| 2008 | 3.84 Ratio | -2.8% |
| 2009 | 4.22 Ratio | +9.9% |
| 2010 | 3.61 Ratio | -14.5% |
| 2011 | 3.32 Ratio | -8.0% |
| 2012 | 3.36 Ratio | +1.2% |
| 2013 | 3.36 Ratio | +0.0% |
| 2014 | 3.12 Ratio | -7.1% |
| 2015 | 3.43 Ratio | +9.9% |
| 2016 | 3.33 Ratio | -2.9% |
| 2017 | 3.59 Ratio | +7.8% |
| 2018 | 3.21 Ratio | -10.6% |
| 2019 | 3.35 Ratio | +4.4% |
| 2020 | 3.41 Ratio | +1.8% |
Iceland compared with similar countries
- Iceland's 3.41 Ratio is below the median for Europe & Central Asia, which is 4.68 Ratio, 73% of the median. (34 countries reporting)
- Iceland's 3.41 Ratio is below the median for high income countries, which is 4.6 Ratio, 74% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.78 Ratio | 3.4 Ratio | 4.22 Ratio | 6 |
| 2010s | 3.37 Ratio | 3.12 Ratio | 3.61 Ratio | 10 |
| 2020s | 3.41 Ratio | 3.41 Ratio | 3.41 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is income quintile share ratio s80/s20 for disposable income by sex and in Iceland?
- Income quintile share ratio s80/s20 for disposable income by sex and in Iceland was 3.41 Ratio in 2020, according to Eurostat.
- What is the highest income quintile share ratio s80/s20 for disposable income by sex and recorded in Iceland?
- The highest recorded value was 4.22 Ratio in 2009.
- What is the lowest income quintile share ratio s80/s20 for disposable income by sex and recorded in Iceland?
- The lowest recorded value was 3.12 Ratio in 2014.
- How does Iceland rank for income quintile share ratio s80/s20 for disposable income by sex and?
- Iceland ranks 42nd out of 47 countries with data for 2020.
- Is income quintile share ratio s80/s20 for disposable income by sex and rising or falling in Iceland?
- Over the last ten years it is down 5.5%. 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 for disposable income by sex and age group. Statizoid updates them automatically from the source API.
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