Income quintile share ratio S80/S20 for gross total disposable income in Iceland
Iceland: Income quintile share ratio S80/S20 for gross total disposable income was 3.87 Ratio in 2020. ▼ Falling
Latest (2020)
3.87 Ratio
Change on year
up 2.9%
World rank
42nd
of 45 countries
All-time high
4.68 Ratio
in 2009
All-time low
3.73 Ratio
in 2018
Years of data
14
2007–2020
Income quintile share ratio S80/S20 for gross total disposable income in Iceland, 2007–2020
Source: Eurostat. Measured in Ratio.
Analysis
The most recent figure for income quintile share ratio s80/s20 for gross total disposable income in Iceland is 3.87 Ratio, measured in 2020.
That represents a change of up 2.9% on the previous year and down 7.4% over ten years.
Over the whole period, income quintile share ratio s80/s20 for gross total disposable income in Iceland peaked at 4.68 Ratio in 2009 and was at its lowest, 3.73 Ratio, in 2018.
That places Iceland 42nd out of 45 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Income quintile share ratio S80/S20 for gross total disposable income in Iceland, year by year
| Year | Ratio | Change |
|---|---|---|
| 2007 | 4.56 Ratio | — |
| 2008 | 4.37 Ratio | -4.2% |
| 2009 | 4.68 Ratio | +7.1% |
| 2010 | 4.18 Ratio | -10.7% |
| 2011 | 4.11 Ratio | -1.7% |
| 2012 | 4.19 Ratio | +1.9% |
| 2013 | 4.16 Ratio | -0.7% |
| 2014 | 3.83 Ratio | -7.9% |
| 2015 | 4.17 Ratio | +8.9% |
| 2016 | 4.05 Ratio | -2.9% |
| 2017 | 4.1 Ratio | +1.2% |
| 2018 | 3.73 Ratio | -9.0% |
| 2019 | 3.76 Ratio | +0.8% |
| 2020 | 3.87 Ratio | +2.9% |
Iceland compared with similar countries
- Iceland's 3.87 Ratio is below the median for Europe & Central Asia, which is 5.55 Ratio, 70% of the median. (34 countries reporting)
- Iceland's 3.87 Ratio is below the median for high income countries, which is 5.42 Ratio, 71% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.54 Ratio | 4.37 Ratio | 4.68 Ratio | 3 |
| 2010s | 4.03 Ratio | 3.73 Ratio | 4.19 Ratio | 10 |
| 2020s | 3.87 Ratio | 3.87 Ratio | 3.87 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 gross total disposable income in Iceland?
- Income quintile share ratio s80/s20 for gross total disposable income in Iceland was 3.87 Ratio in 2020, according to Eurostat.
- What is the highest income quintile share ratio s80/s20 for gross total disposable income recorded in Iceland?
- The highest recorded value was 4.68 Ratio in 2009.
- What is the lowest income quintile share ratio s80/s20 for gross total disposable income recorded in Iceland?
- The lowest recorded value was 3.73 Ratio in 2018.
- How does Iceland rank for income quintile share ratio s80/s20 for gross total disposable income?
- Iceland ranks 42nd out of 45 countries with data for 2020.
- Is income quintile share ratio s80/s20 for gross total disposable income rising or falling in Iceland?
- Over the last ten years it is down 7.4%. 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 gross total disposable income by sex and age group. Statizoid updates them automatically from the source API.
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