Australia vs Iceland: Median income: 2021 vs. 2017 international-$
Australia
59.71 international-$ in 2021 prices
in 2020
Iceland
60.63 international-$ in 2021 prices
in 2019
Australia rank
12th
Iceland rank
11th
Median income: 2021 vs. 2017 international-$ over time
- Australia
- Iceland
How they compare
Iceland currently reports 60.63 international-$ in 2021 prices against 59.71 international-$ in 2021 prices in Australia, a difference of 0.92 international-$ in 2021 prices.
The two have swapped places 2 times across 7 shared years of data; in 2003 it was Iceland ahead.
Australia ranks 12th and Iceland ranks 11th 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 | 45.1 international-$ in 2021 prices | 51.22 international-$ in 2021 prices | 6.12 international-$ in 2021 prices | Iceland |
| 2010s | 56.04 international-$ in 2021 prices | 55.32 international-$ in 2021 prices | 0.7219 international-$ in 2021 prices | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income: 2021 vs. 2017 international-$, Australia or Iceland?
- Iceland, at 60.63 international-$ in 2021 prices against 59.71 international-$ in 2021 prices in Australia as of 2019.
- What is the difference in median income: 2021 vs. 2017 international-$ between Australia and Iceland?
- 0.92 international-$ in 2021 prices, with Iceland 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 median income: 2021 vs. 2017 international-$?
- Australia ranks 12th and Iceland ranks 11th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Median income: 2021 vs. 2017 international-$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income or consumption per day below which 50% of the population live.