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
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.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.08 | 1.01 | 0.0715 | Iceland |
| 2010s | 0.9415 | 0.9295 | 0.0119 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher palma ratio, Iceland or Norway?
- Iceland, at 0.9491 against 0.9172 in Norway as of 2019.
- What is the difference in palma ratio between Iceland and Norway?
- 0.0319, with Iceland ahead.
- How many years of comparable data are there for Iceland and Norway?
- 17 years are reported by both, from 2003 to 2019.
- How do Iceland and Norway rank globally for palma ratio?
- Iceland ranks 110th and Norway ranks 112th 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.