Persons who cannot afford to get-together with friends or family in Iceland
Iceland: Persons who cannot afford to get-together with friends or family was 2.0% in 2020. ▼ Falling
Latest (2020)
2.0%
Change on year
down 31.0%
World rank
40th
of 47 countries
All-time high
3.8%
in 2015
All-time low
1.5%
in 2017
Years of data
7
2014–2020
Persons who cannot afford to get-together with friends or family in Iceland, 2014–2020
Source: Eurostat. Measured in Percentage.
Analysis
Iceland recorded 2.0% for persons who cannot afford to get-together with friends or family in 2020.
Compared with earlier readings it is down 31.0% on the previous year and down 45.9% over ten years.
That places Iceland 40th out of 47 countries with data for 2020, putting it in the bottom quarter.
Persons who cannot afford to get-together with friends or family in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2014 | 3.7% | — |
| 2015 | 3.8% | +2.7% |
| 2016 | 1.7% | -55.3% |
| 2017 | 1.5% | -11.8% |
| 2018 | 2.0% | +33.3% |
| 2019 | 2.9% | +45.0% |
| 2020 | 2.0% | -31.0% |
Iceland compared with similar countries
- Iceland's 2.0% is below the median for Europe & Central Asia, which is 5.7%, 35% of the median. (34 countries reporting)
- Iceland's 2.0% is below the median for high income countries, which is 5.4%, 37% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.6% | 1.5% | 3.8% | 6 |
| 2020s | 2.0% | 2.0% | 2.0% | 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 persons who cannot afford to get-together with friends or family in Iceland?
- Persons who cannot afford to get-together with friends or family in Iceland was 2.0% in 2020, according to Eurostat.
- What is the highest persons who cannot afford to get-together with friends or family recorded in Iceland?
- The highest recorded value was 3.8% in 2015.
- What is the lowest persons who cannot afford to get-together with friends or family recorded in Iceland?
- The lowest recorded value was 1.5% in 2017.
- How does Iceland rank for persons who cannot afford to get-together with friends or family?
- Iceland ranks 40th out of 47 countries with data for 2020.
- Is persons who cannot afford to get-together with friends or family rising or falling in Iceland?
- Over the last ten years it is down 45.9%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Persons who cannot afford to get-together with friends or family (relatives) for a drink or meal at least once a month by age, sex and income group. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Eurostat).