Share of housing costs in disposable household income, by type of in Iceland
Iceland: Share of housing costs in disposable household income, by type of was 24.3% in 2020. ▼ Falling
Latest (2020)
24.3%
Change on year
up 0.8%
World rank
7th
of 47 countries
All-time high
26.0%
in 2006
All-time low
20.0%
in 2016
Years of data
17
2004–2020
Share of housing costs in disposable household income, by type of in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for share of housing costs in disposable household income, by type of in Iceland is 24.3%, measured in 2020.
That represents a change of up 0.8% on the previous year and up 4.7% over ten years.
Over the whole period, share of housing costs in disposable household income, by type of in Iceland peaked at 26.0% in 2006 and was at its lowest, 20.0%, in 2016.
Iceland ranks 7th of 47 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Share of housing costs in disposable household income, by type of in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 23.0% | — |
| 2005 | 24.9% | +8.3% |
| 2006 | 26.0% | +4.4% |
| 2007 | 22.6% | -13.1% |
| 2008 | 23.3% | +3.1% |
| 2009 | 22.2% | -4.7% |
| 2010 | 23.2% | +4.5% |
| 2011 | 24.7% | +6.5% |
| 2012 | 23.8% | -3.6% |
| 2013 | 22.8% | -4.2% |
| 2014 | 21.3% | -6.6% |
| 2015 | 21.4% | +0.5% |
| 2016 | 20.0% | -6.5% |
| 2017 | 21.9% | +9.5% |
| 2018 | 21.8% | -0.5% |
| 2019 | 24.1% | +10.6% |
| 2020 | 24.3% | +0.8% |
Iceland compared with similar countries
- Iceland's 24.3% is above the median for Europe & Central Asia, which is 17.4%, 1.4× the median. (34 countries reporting)
- Iceland's 24.3% is above the median for high income countries, which is 17.6%, 1.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.7% | 22.2% | 26.0% | 6 |
| 2010s | 22.5% | 20.0% | 24.7% | 10 |
| 2020s | 24.3% | 24.3% | 24.3% | 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 share of housing costs in disposable household income, by type of in Iceland?
- Share of housing costs in disposable household income, by type of in Iceland was 24.3% in 2020, according to Eurostat.
- What is the highest share of housing costs in disposable household income, by type of recorded in Iceland?
- The highest recorded value was 26.0% in 2006.
- What is the lowest share of housing costs in disposable household income, by type of recorded in Iceland?
- The lowest recorded value was 20.0% in 2016.
- How does Iceland rank for share of housing costs in disposable household income, by type of?
- Iceland ranks 7th out of 47 countries with data for 2020.
- Is share of housing costs in disposable household income, by type of rising or falling in Iceland?
- Over the last ten years it is up 4.7%. 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 Share of housing costs in disposable household income, by type of household and income group. Statizoid updates them automatically from the source API.
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