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 49 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 49 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% |
Iceland compared with similar countries
- Iceland's 39,296 Euro is above the median for Europe & Central Asia, which is 22,490 Euro, 1.7× the median. (34 countries reporting)
- Iceland's 39,296 Euro is above the median for high income countries, which is 25,011 Euro, 1.6× the median. (31 countries reporting)
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
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 49 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.
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