Iceland vs Slovakia: Palma ratio (before tax)

Iceland
1.81
in 2016
Slovakia
1.63
in 2022
Iceland rank
111th
Slovakia rank
113th

Palma ratio (before tax) over time

  • Iceland
  • Slovakia
0123198020012022

How they compare

Iceland currently reports 1.81 against 1.63 in Slovakia, a difference of 0.18.

That makes Iceland's figure about 1.1 times Slovakia's.

The two have swapped places 4 times across 18 shared years of data; in 1992 it was Iceland ahead.

Iceland ranks 111th and Slovakia ranks 113th of 113 countries.

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

Head to head by decade

Decade Iceland Slovakia Difference Ahead
1990s 2.08 1.51 0.5712 Iceland
2000s 2.09 1.85 0.2423 Iceland
2010s 1.76 1.92 0.1641 Slovakia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher palma ratio (before tax), Iceland or Slovakia?
Iceland, at 1.81 against 1.63 in Slovakia as of 2016.
What is the difference in palma ratio (before tax) between Iceland and Slovakia?
0.18, with Iceland ahead.
How many years of comparable data are there for Iceland and Slovakia?
18 years are reported by both, from 1992 to 2016.
How do Iceland and Slovakia rank globally for palma ratio (before tax)?
Iceland ranks 111th and Slovakia ranks 113th 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.

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Iceland vs Slovakia: 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/slovak-republic/

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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.