Iceland vs Norway: Palma ratio

Iceland
0.9491
in 2019
Norway
0.9172
in 2023
Iceland rank
110th
Norway rank
112th

Palma ratio over time

  • Iceland
  • Norway
00.511.5197920012023

How they compare

Iceland currently reports 0.9491 against 0.9172 in Norway, a difference of 0.0319.

The two have swapped places 4 times across 17 shared years of data; in 2003 it was Norway ahead.

Iceland ranks 110th and Norway ranks 112th of 120 countries.

Individual pages

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

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.