Iceland vs Norway: 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
Norway
1,996 international-$ in 2021 prices
in 2022
Iceland rank
2nd
Norway rank
3rd
Threshold income per month marking the poorest decile, the median, and the richest decile (after tax) over time
- Iceland
- Norway
How they compare
Iceland currently reports 2,133 international-$ in 2021 prices against 1,996 international-$ in 2021 prices in Norway, a difference of 137 international-$ in 2021 prices.
That makes Iceland's figure about 1.1 times Norway's.
The two have swapped places 1 time across 5 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 2nd and Norway ranks 3rd of 47 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Norway in 1.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1,787 international-$ in 2021 prices | 1,662 international-$ in 2021 prices | 124.83 international-$ in 2021 prices | Iceland |
| 2010s | 1,749 international-$ in 2021 prices | 1,909 international-$ in 2021 prices | 159.37 international-$ in 2021 prices | Norway |
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 Norway?
- Iceland, at 2,133 international-$ in 2021 prices against 1,996 international-$ in 2021 prices in Norway as of 2017.
- What is the difference in threshold income per month marking the poorest decile, the median, and the richest decile (after tax) between Iceland and Norway?
- 137 international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 5 years are reported by both, from 2004 to 2016.
- How do Iceland and Norway rank globally for threshold income per month marking the poorest decile, the median, and the richest decile (after tax)?
- Iceland ranks 2nd and Norway ranks 3rd 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.