Iceland vs South Korea: Mean income or consumption per day (2011 prices)
Iceland
59.36 international-$ in 2011 prices
in 2017
South Korea
58.95 international-$ in 2011 prices
in 2021
Iceland rank
7th
South Korea rank
9th
Mean income or consumption per day (2011 prices) over time
- Iceland
- South Korea
How they compare
Iceland currently reports 59.36 international-$ in 2011 prices against 58.95 international-$ in 2011 prices in South Korea, a difference of 0.41 international-$ in 2011 prices.
Across all 7 years both countries report, Iceland has been ahead every year.
Iceland ranks 7th and South Korea ranks 9th of 119 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 57.66 international-$ in 2011 prices | 36.06 international-$ in 2011 prices | 21.6 international-$ in 2011 prices | Iceland |
| 2010s | 51.43 international-$ in 2011 prices | 43.49 international-$ in 2011 prices | 7.94 international-$ in 2011 prices | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean income or consumption per day (2011 prices), Iceland or South Korea?
- Iceland, at 59.36 international-$ in 2011 prices against 58.95 international-$ in 2011 prices in South Korea as of 2017.
- What is the difference in mean income or consumption per day (2011 prices) between Iceland and South Korea?
- 0.41 international-$ in 2011 prices, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 7 years are reported by both, from 2006 to 2017.
- How do Iceland and South Korea rank globally for mean income or consumption per day (2011 prices)?
- Iceland ranks 7th and South Korea ranks 9th of 119 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as Mean income or consumption per day (2011 prices). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The mean is the average income or consumption of the population.