Belgium vs Iceland: Palma ratio
Belgium
0.9453
in 2023
Iceland
0.9491
in 2019
Belgium rank
111th
Iceland rank
110th
Palma ratio over time
- Belgium
- Iceland
How they compare
Iceland currently reports 0.9491 against 0.9453 in Belgium, a difference of 0.0038.
The two have swapped places 4 times across 17 shared years of data; in 2003 it was Belgium ahead.
Belgium ranks 111th and Iceland ranks 110th of 120 countries.
Across the 2 decades both report, Belgium averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.04 | 1.08 | 0.0418 | Iceland |
| 2010s | 0.975 | 0.9415 | 0.0335 | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, Belgium or Iceland?
- Iceland, at 0.9491 against 0.9453 in Belgium as of 2019.
- What is the difference in palma ratio between Belgium and Iceland?
- 0.0038, with Iceland ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 17 years are reported by both, from 2003 to 2019.
- How do Belgium and Iceland rank globally for palma ratio?
- Belgium ranks 111th and Iceland ranks 110th 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 Palma ratio. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.