Australia vs Iceland: Mean vs. median income or consumption
Australia
72.71 international-$ in 2021 prices
in 2020
Iceland
68.33 international-$ in 2021 prices
in 2019
Australia rank
9th
Iceland rank
12th
Mean vs. median income or consumption over time
- Australia
- Iceland
How they compare
Australia currently reports 72.71 international-$ in 2021 prices against 68.33 international-$ in 2021 prices in Iceland, a difference of 4.38 international-$ in 2021 prices.
That makes Australia's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 7 shared years of data; in 2003 it was Iceland ahead.
Australia ranks 9th and Iceland ranks 12th of 120 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55.97 international-$ in 2021 prices | 60.49 international-$ in 2021 prices | 4.52 international-$ in 2021 prices | Iceland |
| 2010s | 69.3 international-$ in 2021 prices | 62.2 international-$ in 2021 prices | 7.1 international-$ in 2021 prices | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher mean vs. median income or consumption, Australia or Iceland?
- Australia, at 72.71 international-$ in 2021 prices against 68.33 international-$ in 2021 prices in Iceland as of 2020.
- What is the difference in mean vs. median income or consumption between Australia and Iceland?
- 4.38 international-$ in 2021 prices, with Australia ahead.
- How many years of comparable data are there for Australia and Iceland?
- 7 years are reported by both, from 2003 to 2018.
- How do Australia and Iceland rank globally for mean vs. median income or consumption?
- Australia ranks 9th and Iceland ranks 12th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) β with major processing by Our World in Data, published as Mean vs. median income or consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Average income or consumption of the population per day.