Iceland vs Norway: Palma ratio (before tax)

Iceland
1.81
in 2016
Norway
1.89
in 2022
Iceland rank
111th
Norway rank
109th

Palma ratio (before tax) over time

  • Iceland
  • Norway
0123199120062022

How they compare

Norway currently reports 1.89 against 1.81 in Iceland, a difference of 0.08.

The two have swapped places 1 time across 8 shared years of data; in 1991 it was Iceland ahead.

Iceland ranks 111th and Norway ranks 109th of 113 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Norway in 1.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 2.02 1.38 0.645 Iceland
2000s 2.24 2.06 0.1837 Iceland
2010s 1.76 1.96 0.197 Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio (before tax), Iceland or Norway?
Norway, at 1.89 against 1.81 in Iceland as of 2022.
What is the difference in palma ratio (before tax) between Iceland and Norway?
0.08, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
8 years are reported by both, from 1991 to 2016.
How do Iceland and Norway rank globally for palma ratio (before tax)?
Iceland ranks 111th and Norway ranks 109th of 113 countries.
Where does this data come from?
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as Palma ratio (before tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Norway: Palma ratio (before tax). Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/palma-ratio-wid/iceland/norway/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/palma-ratio-wid/iceland/norway/">Iceland vs Norway: Palma ratio (before tax)</a> — Statizoid

About this data

Indicator
Palma ratio (before tax)
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
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. Inequality is measured here in terms of income before taxes and benefits.