Iceland vs Luxembourg: Threshold income per month marking the poorest decile, the median, and the richest decile (after tax)
Iceland
2,133 international-$ in 2021 prices
in 2017
Luxembourg
2,359 international-$ in 2021 prices
in 2023
Iceland rank
2nd
Luxembourg rank
1st
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 2,359 international-$ in 2021 prices against 2,133 international-$ in 2021 prices in Iceland, a difference of 226 international-$ in 2021 prices.
That makes Luxembourg's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 15 shared years of data; in 2003 it was Luxembourg ahead.
Iceland ranks 2nd and Luxembourg ranks 1st of 47 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1,752 international-$ in 2021 prices | 2,059 international-$ in 2021 prices | 306.97 international-$ in 2021 prices | Luxembourg |
| 2010s | 1,766 international-$ in 2021 prices | 1,994 international-$ in 2021 prices | 228.26 international-$ in 2021 prices | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher threshold income per month marking the poorest decile, the median, and the richest decile (after tax), Iceland or Luxembourg?
- Luxembourg, at 2,359 international-$ in 2021 prices against 2,133 international-$ in 2021 prices in Iceland as of 2023.
- What is the difference in threshold income per month marking the poorest decile, the median, and the richest decile (after tax) between Iceland and Luxembourg?
- 226 international-$ in 2021 prices, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and Luxembourg rank globally for threshold income per month marking the poorest decile, the median, and the richest decile (after tax)?
- Iceland ranks 2nd and Luxembourg ranks 1st of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Threshold income per month marking the poorest decile, the median, and the richest decile (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Level of income per month below which 10% of the population falls.