Severe material deprivation rate by income quintile and household type in Iceland
Iceland: Severe material deprivation rate by income quintile and household type was 1.0% in 2020. ▼ Falling
Severe material deprivation rate by income quintile and household type in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for severe material deprivation rate by income quintile and household type in Iceland is 1.0%, measured in 2020.
That represents a change of up 11.1% on the previous year and down 44.4% over ten years.
Over the whole period, severe material deprivation rate by income quintile and household type in Iceland peaked at 2.7% in 2005 and was at its lowest, 0.7%, in 2018.
Iceland ranks 46th of 46 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Severe material deprivation rate by income quintile and household type in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 2.6% | — |
| 2005 | 2.7% | +3.8% |
| 2006 | 2.1% | -22.2% |
| 2007 | 2.1% | +0.0% |
| 2008 | 0.8% | -61.9% |
| 2009 | 0.8% | +0.0% |
| 2010 | 1.8% | +125.0% |
| 2011 | 2.1% | +16.7% |
| 2012 | 2.4% | +14.3% |
| 2013 | 1.9% | -20.8% |
| 2014 | 1.4% | -26.3% |
| 2015 | 1.6% | +14.3% |
| 2016 | 1.8% | +12.5% |
| 2017 | 1.3% | -27.8% |
| 2018 | 0.7% | -46.2% |
| 2019 | 0.9% | +28.6% |
| 2020 | 1.0% | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 0.8% | 2.7% | 6 |
| 2010s | 1.6% | 0.7% | 2.4% | 10 |
| 2020s | 1.0% | 1.0% | 1.0% | 1 |
Countries ranked near Iceland
- 43 Sweden 1.8% compare
- 44 Luxembourg 1.7% compare
- 45 Switzerland 1.3% 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)
- Final consumption expenditure (constant 2015 US$), per capita 45,300 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 17.4 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 100,546 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.3 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 131.34 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 12.91 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.92 % change on previous year (2025)
Frequently asked questions
- What is severe material deprivation rate by income quintile and household type in Iceland?
- Severe material deprivation rate by income quintile and household type in Iceland was 1.0% in 2020, according to Eurostat.
- What is the highest severe material deprivation rate by income quintile and household type recorded in Iceland?
- The highest recorded value was 2.7% in 2005.
- What is the lowest severe material deprivation rate by income quintile and household type recorded in Iceland?
- The lowest recorded value was 0.7% in 2018.
- How does Iceland rank for severe material deprivation rate by income quintile and household type?
- Iceland ranks 46th out of 46 countries with data for 2020.
- Is severe material deprivation rate by income quintile and household type rising or falling in Iceland?
- Over the last ten years it is down 44.4%. 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 Severe material deprivation rate by income quintile and household type. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).