Income share of the richest 10% before and after tax in Iceland
Iceland: Income share of the richest 10% before and after tax was 21.5% in 2017. ▼ Falling
Income share of the richest 10% before and after tax in Iceland, 2003–2017
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
The most recent figure for income share of the richest 10% before and after tax in Iceland is 21.5%, measured in 2017.
That represents a change of down 4.5% on the previous year and down 14.8% over ten years.
Over the whole period, income share of the richest 10% before and after tax in Iceland peaked at 26.6% in 2008 and was at its lowest, 20.9%, in 2011.
Iceland ranks 42nd of 48 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Income share of the richest 10% before and after tax in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 21.4% | — |
| 2004 | 22.5% | +5.3% |
| 2005 | 24.8% | +10.0% |
| 2006 | 26.0% | +5.0% |
| 2007 | 25.2% | -3.1% |
| 2008 | 26.6% | +5.6% |
| 2009 | 23.0% | -13.6% |
| 2010 | 22.2% | -3.4% |
| 2011 | 20.9% | -5.8% |
| 2012 | 22.1% | +5.8% |
| 2013 | 21.0% | -5.0% |
| 2014 | 23.2% | +10.4% |
| 2015 | 21.9% | -5.7% |
| 2016 | 22.5% | +2.8% |
| 2017 | 21.5% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.2% | 21.4% | 26.6% | 7 |
| 2010s | 21.9% | 20.9% | 23.2% | 8 |
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)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 85.06 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is income share of the richest 10% before and after tax in Iceland?
- Income share of the richest 10% before and after tax in Iceland was 21.5% in 2017, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest income share of the richest 10% before and after tax recorded in Iceland?
- The highest recorded value was 26.6% in 2008.
- What is the lowest income share of the richest 10% before and after tax recorded in Iceland?
- The lowest recorded value was 20.9% in 2011.
- How does Iceland rank for income share of the richest 10% before and after tax?
- Iceland ranks 42nd out of 48 countries with data for 2017.
- Is income share of the richest 10% before and after tax rising or falling in Iceland?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Income share of the richest 10% before and after tax. Statizoid updates them automatically from the source API.
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About this data
Share of income received by the richest decile (tenth of the population).