Finland vs Iceland: Palma ratio
Finland
0.968
in 2023
Iceland
0.9491
in 2019
Finland rank
108th
Iceland rank
110th
Palma ratio over time
- Finland
- Iceland
How they compare
Finland currently reports 0.968 against 0.9491 in Iceland, a difference of 0.0189.
The two have swapped places 6 times across 17 shared years of data; in 2003 it was Finland ahead.
Finland ranks 108th and Iceland ranks 110th of 120 countries.
Across the 2 decades both report, Finland averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.995 | 1.08 | 0.0869 | Iceland |
| 2010s | 0.9649 | 0.9415 | 0.0234 | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, Finland or Iceland?
- Finland, at 0.968 against 0.9491 in Iceland as of 2023.
- What is the difference in palma ratio between Finland and Iceland?
- 0.0189, with Finland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 17 years are reported by both, from 2003 to 2019.
- How do Finland and Iceland rank globally for palma ratio?
- Finland ranks 108th 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.