Mean and median income by degree of urbanisation in Iceland
Iceland: Mean and median income by degree of urbanisation was 40,949 Euro in 2020. ▲ Rising
Latest (2020)
40,949 Euro
Change on year
down 2.9%
World rank
6th
of 45 countries
All-time high
45,360 Euro
in 2018
All-time low
21,141 Euro
in 2011
Years of data
17
2004–2020
Mean and median income by degree of urbanisation in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for mean and median income by degree of urbanisation in Iceland is 40,949 Euro, measured in 2020.
The figure is down 2.9% on the previous year and up 91.2% over ten years.
Over the whole period, mean and median income by degree of urbanisation in Iceland peaked at 45,360 Euro in 2018 and was at its lowest, 21,141 Euro, in 2011.
Iceland ranks 6th of 45 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Mean and median income by degree of urbanisation in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 25,186 Euro | — |
| 2005 | 27,412 Euro | +8.8% |
| 2006 | 34,230 Euro | +24.9% |
| 2007 | 36,202 Euro | +5.8% |
| 2008 | 40,157 Euro | +10.9% |
| 2009 | 28,453 Euro | -29.1% |
| 2010 | 21,417 Euro | -24.7% |
| 2011 | 21,141 Euro | -1.3% |
| 2012 | 21,885 Euro | +3.5% |
| 2013 | 23,658 Euro | +8.1% |
| 2014 | 25,182 Euro | +6.4% |
| 2015 | 28,195 Euro | +12.0% |
| 2016 | 32,846 Euro | +16.5% |
| 2017 | 38,578 Euro | +17.5% |
| 2018 | 45,360 Euro | +17.6% |
| 2019 | 42,171 Euro | -7.0% |
| 2020 | 40,949 Euro | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31,940 Euro | 25,186 Euro | 40,157 Euro | 6 |
| 2010s | 30,043 Euro | 21,141 Euro | 45,360 Euro | 10 |
| 2020s | 40,949 Euro | 40,949 Euro | 40,949 Euro | 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 mean and median income by degree of urbanisation in Iceland?
- Mean and median income by degree of urbanisation in Iceland was 40,949 Euro in 2020, according to Eurostat.
- What is the highest mean and median income by degree of urbanisation recorded in Iceland?
- The highest recorded value was 45,360 Euro in 2018.
- What is the lowest mean and median income by degree of urbanisation recorded in Iceland?
- The lowest recorded value was 21,141 Euro in 2011.
- How does Iceland rank for mean and median income by degree of urbanisation?
- Iceland ranks 6th out of 45 countries with data for 2020.
- Is mean and median income by degree of urbanisation rising or falling in Iceland?
- Over the last ten years it is up 91.2%. 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 Mean and median income by degree of urbanisation. Statizoid updates them automatically from the source API.
Download this data
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