Arrears on utility bills in Iceland

Iceland: Arrears on utility bills was 3.1% in 2020. ▼ Falling

Latest (2020)
3.1%
Change on year
down 18.4%
World rank
34th
of 38 countries
All-time high
7.5%
in 2011
All-time low
3.1%
in 2020
Years of data
17
2004–2020

Arrears on utility bills in Iceland, 2004–2020

024682004201220202004: 6.9 Percentage2005: 7.3 Percentage2006: 5 Percentage2007: 4.7 Percentage2008: 3.2 Percentage2009: 3.9 Percentage2010: 7 Percentage2011: 7.5 Percentage2012: 7 Percentage2013: 7.5 Percentage2014: 7.5 Percentage2015: 6.6 Percentage2016: 6 Percentage2017: 4.1 Percentage2018: 4 Percentage2019: 3.8 Percentage2020: 3.1 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Iceland recorded 3.1% for arrears on utility bills in 2020. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 18.4% on the previous year and down 55.7% over ten years.

Over the whole period, arrears on utility bills in Iceland peaked at 7.5% in 2011 and was at its lowest, 3.1%, in 2020.

That places Iceland 34th out of 38 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.2% 3.2% 7.3% 6
2010s 6.1% 3.8% 7.5% 10
2020s 3.1% 3.1% 3.1% 1

Countries ranked near Iceland

  1. 31 Switzerland 3.6% compare
  2. 31 Portugal 3.6% compare
  3. 33 Norway 3.2% compare
  4. 35 Denmark 2.8% compare
  5. 36 Poland 2.6% compare
  6. 37 Czechia 2.4% compare

See the full ranking of 44 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is arrears on utility bills in Iceland?
Arrears on utility bills in Iceland was 3.1% in 2020, according to Eurostat.
What is the highest arrears on utility bills recorded in Iceland?
The highest recorded value was 7.5% in 2011.
What is the lowest arrears on utility bills recorded in Iceland?
The lowest recorded value was 3.1% in 2020.
How does Iceland rank for arrears on utility bills?
Iceland ranks 34th out of 38 countries with data for 2020.
Is arrears on utility bills rising or falling in Iceland?
Over the last ten years it is down 55.7%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Arrears on utility bills. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Arrears on utility bills
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 819 data points, 2003–2025
Last refreshed