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 0.0803.

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.

Individual pages

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.