Palma ratio after tax lis in Iceland
Iceland: Palma ratio after tax lis was 0.8776 in 2017. βΌ Falling
Latest (2017)
0.8776
Change on year
down 7.4%
World rank
45th
of 48 countries
All-time high
1.23
in 2008
All-time low
0.8581
in 2011
Years of data
15
2003β2017
Palma ratio after tax lis in Iceland, 2003β2017
Source: Our World in Data.
Analysis
In 2017, palma ratio after tax lis in Iceland stood at 0.8776.
That represents a change of down 7.4% on the previous year and down 22.3% over ten years.
Over the whole period, palma ratio after tax lis in Iceland peaked at 1.23 in 2008 and was at its lowest, 0.8581, in 2011.
That places Iceland 45th out of 48 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.06 | 0.8806 | 1.23 | 7 |
| 2010s | 0.9129 | 0.8581 | 0.9895 | 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)
- Taxes less subsidies on products (current LCU), annual growth rate -1.47 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 12.93 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.27 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0058 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 171.46 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 125.2 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.008 (2025)
- Gdp worldbank constant usd, annual growth rate 1.28 % change on previous year (2025)
Frequently asked questions
- What is palma ratio after tax lis in Iceland?
- Palma ratio after tax lis in Iceland was 0.8776 in 2017, according to Our World in Data.
- What is the highest palma ratio after tax lis recorded in Iceland?
- The highest recorded value was 1.23 in 2008.
- What is the lowest palma ratio after tax lis recorded in Iceland?
- The lowest recorded value was 0.8581 in 2011.
- How does Iceland rank for palma ratio after tax lis?
- Iceland ranks 45th out of 48 countries with data for 2017.
- Is palma ratio after tax lis rising or falling in Iceland?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 15 observations, free to reuse under CC BY 4.0 (Our World in Data).