Persons who cannot afford to replace worn-out furniture by income in Iceland

Iceland: Persons who cannot afford to replace worn-out furniture by income was 4.5% in 2020. ▼ Falling

Latest (2020)
4.5%
Change on year
down 56.7%
World rank
47th
of 47 countries
All-time high
16.8%
in 2014
All-time low
4.5%
in 2020
Years of data
7
2014–2020

Persons who cannot afford to replace worn-out furniture by income in Iceland, 2014–2020

57.51012.51517.52014201720202014: 16.8 Percentage2015: 14.8 Percentage2016: 10.6 Percentage2017: 8.6 Percentage2018: 8.9 Percentage2019: 10.4 Percentage2020: 4.5 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for persons who cannot afford to replace worn-out furniture by income in Iceland is 4.5%, measured in 2020. That is the lowest value across all 7 years on record.

The figure is down 56.7% on the previous year and down 73.2% over ten years.

Iceland ranks 47th of 47 countries on this measure, in the bottom quarter.

Persons who cannot afford to replace worn-out furniture by income in Iceland, year by year

Annual values for Persons who cannot afford to replace worn-out furniture by income group and type of household in Iceland, 2014 to 2020.
Year Percentage Change
2014 16.8%
2015 14.8% -11.9%
2016 10.6% -28.4%
2017 8.6% -18.9%
2018 8.9% +3.5%
2019 10.4% +16.9%
2020 4.5% -56.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.7% 8.6% 16.8% 6
2020s 4.5% 4.5% 4.5% 1

Countries ranked near Iceland

  1. 45 Slovenia 6.4% compare
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See the full ranking of 53 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is persons who cannot afford to replace worn-out furniture by income in Iceland?
Persons who cannot afford to replace worn-out furniture by income in Iceland was 4.5% in 2020, according to Eurostat.
What is the highest persons who cannot afford to replace worn-out furniture by income recorded in Iceland?
The highest recorded value was 16.8% in 2014.
What is the lowest persons who cannot afford to replace worn-out furniture by income recorded in Iceland?
The lowest recorded value was 4.5% in 2020.
How does Iceland rank for persons who cannot afford to replace worn-out furniture by income?
Iceland ranks 47th out of 47 countries with data for 2020.
Is persons who cannot afford to replace worn-out furniture by income rising or falling in Iceland?
Over the last ten years it is down 73.2%. 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 replace worn-out furniture by income group and type of household. Statizoid updates them automatically from the source API.

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Persons who cannot afford to replace worn-out furniture by income in Iceland. Statizoid, drawing on Eurostat. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/persons-who-cannot-afford-to-replace-worn-out-furniture-by-income-group-and-type-of/iceland/

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About this data

Indicator
Persons who cannot afford to replace worn-out furniture by income group and type of household
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 576 data points, 2014–2025
Last refreshed