Relative median income ratio (65+) - EU-SILC and ECHP surveys in Iceland
Iceland: Relative median income ratio (65+) - EU-SILC and ECHP surveys was 0.93 in 2022. ▲ Rising
Latest (2022)
0.93
Change on year
up 3.3%
World rank
8th
of 47 countries
All-time high
0.97
in 2020
All-time low
0.78
in 2004
Years of data
19
2004–2022
Relative median income ratio (65+) - EU-SILC and ECHP surveys in Iceland, 2004–2022
Source: Eurostat.
Analysis
In 2022, relative median income ratio (65+) - eu-silc and echp surveys in Iceland stood at 0.93.
Compared with earlier readings it is up 3.3% on the previous year and up 3.3% over ten years.
Over the whole period, relative median income ratio (65+) - eu-silc and echp surveys in Iceland peaked at 0.97 in 2020 and was at its lowest, 0.78, in 2004.
That places Iceland 8th out of 47 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Relative median income ratio (65+) - EU-SILC and ECHP surveys in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.78 | — |
| 2005 | 0.79 | +1.3% |
| 2006 | 0.81 | +2.5% |
| 2007 | 0.79 | -2.5% |
| 2008 | 0.81 | +2.5% |
| 2009 | 0.91 | +12.3% |
| 2010 | 0.96 | +5.5% |
| 2011 | 0.9 | -6.2% |
| 2012 | 0.9 | +0.0% |
| 2013 | 0.87 | -3.3% |
| 2014 | 0.9 | +3.4% |
| 2015 | 0.92 | +2.2% |
| 2016 | 0.92 | +0.0% |
| 2017 | 0.92 | +0.0% |
| 2018 | 0.94 | +2.2% |
| 2019 | 0.96 | +2.1% |
| 2020 | 0.97 | +1.0% |
| 2021 | 0.9 | -7.2% |
| 2022 | 0.93 | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.815 | 0.78 | 0.91 | 6 |
| 2010s | 0.919 | 0.87 | 0.96 | 10 |
| 2020s | 0.9333 | 0.9 | 0.97 | 3 |
Countries ranked near Iceland
- 6 France 0.97 compare
- 7 Montenegro 0.96 compare
- 8 Austria 0.93 compare
- 10 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 0.92 compare
- 11 North Macedonia 0.91 compare
- 11 Portugal 0.91 compare
- 11 Romania 0.91 compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0853 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 8,386 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 10.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.051 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 5,012 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 729,781 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.18 % change on previous year (2025)
Frequently asked questions
- What is relative median income ratio (65+) - eu-silc and echp surveys in Iceland?
- Relative median income ratio (65+) - eu-silc and echp surveys in Iceland was 0.93 in 2022, according to Eurostat.
- What is the highest relative median income ratio (65+) - eu-silc and echp surveys recorded in Iceland?
- The highest recorded value was 0.97 in 2020.
- What is the lowest relative median income ratio (65+) - eu-silc and echp surveys recorded in Iceland?
- The lowest recorded value was 0.78 in 2004.
- How does Iceland rank for relative median income ratio (65+) - eu-silc and echp surveys?
- Iceland ranks 8th out of 47 countries with data for 2022.
- Is relative median income ratio (65+) - eu-silc and echp surveys rising or falling in Iceland?
- Over the last ten years it is up 3.3%. 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 Relative median income ratio (65+) - EU-SILC and ECHP surveys. Statizoid updates them automatically from the source API.
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