Threshold income for each decile before tax wid in Iceland

Iceland: Threshold income for each decile before tax wid was 14,168 in 2016. β–² Rising

Latest (2016)
14,168
Change on year
up 8.6%
World rank
6th
of 113 countries
All-time high
14,168
in 2016
All-time low
7,510
in 1992
Years of data
26
1991–2016

Threshold income for each decile before tax wid in Iceland, 1991–2016

05.0k10.0k15.0k1991200320161991: 7.8k1992: 7.5k1993: 7.6k1994: 7.9k1995: 8.0k1996: 8.4k1997: 8.9k1998: 9.3k1999: 9.4k2000: 9.7k2001: 9.5k2002: 9.8k2003: 10.0k2004: 10.7k2005: 11.3k2006: 11.0k2007: 11.8k2008: 10.2k2009: 9.8k2010: 10.0k2011: 10.9k2012: 11.4k2013: 12.7k2014: 12.6k2015: 13.0k2016: 14.2k

Source: Our World in Data.

Analysis

The most recent figure for threshold income for each decile before tax wid in Iceland is 14,168, measured in 2016. That is the highest value across all 26 years on record.

That represents a change of up 8.6% on the previous year and up 29.1% over ten years.

Over the whole period, threshold income for each decile before tax wid in Iceland peaked at 14,168 in 2016 and was at its lowest, 7,510, in 1992.

Iceland ranks 6th of 113 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,303 7,510 9,377 9
2000s 10,365 9,504 11,794 10
2010s 12,113 9,992 14,168 7

Countries ranked near Iceland

  1. 3 Singapore 20,708 compare
  2. 4 Switzerland 14,389 compare
  3. 5 Sweden 14,378 compare
  4. 7 Denmark 13,185 compare
  5. 8 Ireland 12,226 compare
  6. 9 Netherlands 11,892 compare

See the full ranking of 113 places β†’

More economy & growth data for Iceland

All data for Iceland β†’

Frequently asked questions

What is threshold income for each decile before tax wid in Iceland?
Threshold income for each decile before tax wid in Iceland was 14,168 in 2016, according to Our World in Data.
What is the highest threshold income for each decile before tax wid recorded in Iceland?
The highest recorded value was 14,168 in 2016.
What is the lowest threshold income for each decile before tax wid recorded in Iceland?
The lowest recorded value was 7,510 in 1992.
How does Iceland rank for threshold income for each decile before tax wid?
Iceland ranks 6th out of 113 countries with data for 2016.
Is threshold income for each decile before tax wid rising or falling in Iceland?
Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Threshold income for each decile before tax wid. Statizoid updates them automatically from the source API.

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Threshold income for each decile before tax wid in Iceland. Statizoid, drawing on Our World in Data. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/threshold-income-for-each-decile-before-tax-wid/iceland/

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About this data

Indicator
Threshold income for each decile before tax wid
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,069 data points, 1820–2024
Last refreshed