Material deprivation for the 'Economic strain' and 'Durables' in Iceland
Iceland: Material deprivation for the 'Economic strain' and 'Durables' was 70.8% in 2020. ▲ Rising
Latest (2020)
70.8%
Change on year
up 4.1%
World rank
9th
of 46 countries
All-time high
70.8%
in 2020
All-time low
51.8%
in 2004
Years of data
17
2004–2020
Material deprivation for the 'Economic strain' and 'Durables' in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for material deprivation for the 'economic strain' and 'durables' in Iceland is 70.8%, measured in 2020. That is the highest value across all 17 years on record.
That represents a change of up 4.1% on the previous year and up 21.6% over ten years.
Over the whole period, material deprivation for the 'economic strain' and 'durables' in Iceland peaked at 70.8% in 2020 and was at its lowest, 51.8%, in 2004.
Iceland ranks 9th of 46 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Material deprivation for the 'Economic strain' and 'Durables' in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 51.8% | — |
| 2005 | 52.6% | +1.5% |
| 2006 | 56.8% | +8.0% |
| 2007 | 59.6% | +4.9% |
| 2008 | 69.4% | +16.4% |
| 2009 | 64.4% | -7.2% |
| 2010 | 58.2% | -9.6% |
| 2011 | 54.6% | -6.2% |
| 2012 | 57.5% | +5.3% |
| 2013 | 58.5% | +1.7% |
| 2014 | 59.5% | +1.7% |
| 2015 | 58.6% | -1.5% |
| 2016 | 61.7% | +5.3% |
| 2017 | 65.3% | +5.8% |
| 2018 | 68.0% | +4.1% |
| 2019 | 68.0% | +0.0% |
| 2020 | 70.8% | +4.1% |
Iceland compared with similar countries
- Iceland's 70.8% is above the median for Europe & Central Asia, which is 57.1%, 1.2× the median. (33 countries reporting)
- Iceland's 70.8% is above the median for high income countries, which is 59.3%, 1.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.1% | 51.8% | 69.4% | 6 |
| 2010s | 61.0% | 54.6% | 68.0% | 10 |
| 2020s | 70.8% | 70.8% | 70.8% | 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 material deprivation for the 'economic strain' and 'durables' in Iceland?
- Material deprivation for the 'economic strain' and 'durables' in Iceland was 70.8% in 2020, according to Eurostat.
- What is the highest material deprivation for the 'economic strain' and 'durables' recorded in Iceland?
- The highest recorded value was 70.8% in 2020.
- What is the lowest material deprivation for the 'economic strain' and 'durables' recorded in Iceland?
- The lowest recorded value was 51.8% in 2004.
- How does Iceland rank for material deprivation for the 'economic strain' and 'durables'?
- Iceland ranks 9th out of 46 countries with data for 2020.
- Is material deprivation for the 'economic strain' and 'durables' rising or falling in Iceland?
- Over the last ten years it is up 21.6%. 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 Material deprivation for the 'Economic strain' and 'Durables' dimensions, by number of item of deprivation. Statizoid updates them automatically from the source API.
Download this data
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