Mean and median income by tenure status in Iceland
Iceland: Mean and median income by tenure status was 39,296 Euro in 2020. ▲ Rising
Latest (2020)
39,296 Euro
Change on year
down 3.3%
World rank
7th
of 47 countries
All-time high
43,772 Euro
in 2018
All-time low
20,670 Euro
in 2010
Years of data
17
2004–2020
Mean and median income by tenure status in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
In 2020, mean and median income by tenure status in Iceland stood at 39,296 Euro.
Compared with earlier readings it is down 3.3% on the previous year and up 90.1% over ten years.
Over the whole period, mean and median income by tenure status in Iceland peaked at 43,772 Euro in 2018 and was at its lowest, 20,670 Euro, in 2010.
That places Iceland 7th out of 47 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Mean and median income by tenure status in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 24,487 Euro | — |
| 2005 | 26,335 Euro | +7.5% |
| 2006 | 32,248 Euro | +22.5% |
| 2007 | 33,754 Euro | +4.7% |
| 2008 | 37,411 Euro | +10.8% |
| 2009 | 26,561 Euro | -29.0% |
| 2010 | 20,670 Euro | -22.2% |
| 2011 | 20,699 Euro | +0.1% |
| 2012 | 21,493 Euro | +3.8% |
| 2013 | 23,322 Euro | +8.5% |
| 2014 | 24,521 Euro | +5.1% |
| 2015 | 27,527 Euro | +12.3% |
| 2016 | 31,665 Euro | +15.0% |
| 2017 | 37,451 Euro | +18.3% |
| 2018 | 43,772 Euro | +16.9% |
| 2019 | 40,625 Euro | -7.2% |
| 2020 | 39,296 Euro | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30,133 Euro | 24,487 Euro | 37,411 Euro | 6 |
| 2010s | 29,174 Euro | 20,670 Euro | 43,772 Euro | 10 |
| 2020s | 39,296 Euro | 39,296 Euro | 39,296 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)
- Industry (including construction), value added (constant 2015 US$) -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1135 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 11,161 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.23 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 17.85 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1.75 million constant LCU per person (2025)
- 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)
Frequently asked questions
- What is mean and median income by tenure status in Iceland?
- Mean and median income by tenure status in Iceland was 39,296 Euro in 2020, according to Eurostat.
- What is the highest mean and median income by tenure status recorded in Iceland?
- The highest recorded value was 43,772 Euro in 2018.
- What is the lowest mean and median income by tenure status recorded in Iceland?
- The lowest recorded value was 20,670 Euro in 2010.
- How does Iceland rank for mean and median income by tenure status?
- Iceland ranks 7th out of 47 countries with data for 2020.
- Is mean and median income by tenure status rising or falling in Iceland?
- Over the last ten years it is up 90.1%. 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 tenure status. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).