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GOAL 1: No Poverty in Iceland

Iceland: GOAL 1: No Poverty was 0.4 5 year moving average in 2023. ▲ Rising

Latest (2023)
0.4 5 year moving average
Change on year
up 6.7%
World rank
150th
of 215 countries
All-time high
0.857 5 year moving average
in 2021
All-time low
0.25 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 1: No Poverty in Iceland, 2004–2023

0.20.40.60.82004201320232004: 0.25 5 year moving average2005: 0.333 5 year moving average2006: 0.333 5 year moving average2007: 0.333 5 year moving average2008: 0.333 5 year moving average2009: 0.333 5 year moving average2010: 0.333 5 year moving average2011: 0.5 5 year moving average2012: 0.5 5 year moving average2013: 0.5 5 year moving average2014: 0.5 5 year moving average2015: 0.571 5 year moving average2016: 0.571 5 year moving average2017: 0.571 5 year moving average2018: 0.571 5 year moving average2019: 0.571 5 year moving average2020: 0.571 5 year moving average2021: 0.857 5 year moving average2022: 0.375 5 year moving average2023: 0.4 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

In 2023, goal 1: no poverty in Iceland stood at 0.4 5 year moving average.

The figure is up 6.7% on the previous year and down 20.0% over ten years.

Over the whole period, goal 1: no poverty in Iceland peaked at 0.857 5 year moving average in 2021 and was at its lowest, 0.25 5 year moving average, in 2004.

That places Iceland 150th out of 215 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

GOAL 1: No Poverty in Iceland, year by year

Year 5 year moving average Change
2004 0.25 5 year moving average —
2005 0.333 5 year moving average +33.2%
2006 0.333 5 year moving average +0.0%
2007 0.333 5 year moving average +0.0%
2008 0.333 5 year moving average +0.0%
2009 0.333 5 year moving average +0.0%
2010 0.333 5 year moving average +0.0%
2011 0.5 5 year moving average +50.2%
2012 0.5 5 year moving average +0.0%
2013 0.5 5 year moving average +0.0%
2014 0.5 5 year moving average +0.0%
2015 0.571 5 year moving average +14.2%
2016 0.571 5 year moving average +0.0%
2017 0.571 5 year moving average +0.0%
2018 0.571 5 year moving average +0.0%
2019 0.571 5 year moving average +0.0%
2020 0.571 5 year moving average +0.0%
2021 0.857 5 year moving average +50.1%
2022 0.375 5 year moving average -56.2%
2023 0.4 5 year moving average +6.7%

Iceland compared with similar countries

  • Iceland's 0.4 5 year moving average is below the median for high income countries, which is 0.6 5 year moving average, 67% of the median. (85 countries reporting)
  • Iceland's 0.4 5 year moving average is below the median for Europe & Central Asia, which is 0.9 5 year moving average, 44% of the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3192 5 year moving average 0.25 5 year moving average 0.333 5 year moving average 6
2010s 0.5188 5 year moving average 0.333 5 year moving average 0.571 5 year moving average 10
2020s 0.5507 5 year moving average 0.375 5 year moving average 0.857 5 year moving average 4

Countries ranked near Iceland

  1. 150 Azerbaijan 0.4 5 year moving average compare
  2. 150 Bahrain 0.4 5 year moving average compare
  3. 150 Belize 0.4 5 year moving average compare
  4. 150 Bosnia and Herzegovina 0.4 5 year moving average compare
  5. 150 Brunei 0.4 5 year moving average compare
  6. 150 Cape Verde 0.4 5 year moving average compare
  7. 150 Congo 0.4 5 year moving average compare
  8. 150 Djibouti 0.4 5 year moving average compare
  9. 150 Equatorial Guinea 0.4 5 year moving average compare
  10. 150 Gabon 0.4 5 year moving average compare
  11. 150 Guinea 0.4 5 year moving average compare
  12. 150 Guyana 0.4 5 year moving average compare
  13. 150 Haiti 0.4 5 year moving average compare
  14. 150 Iraq 0.4 5 year moving average compare
  15. 150 North Korea 0.4 5 year moving average compare
  16. 150 Laos 0.4 5 year moving average compare
  17. 150 Lesotho 0.4 5 year moving average compare
  18. 150 Libya 0.4 5 year moving average compare
  19. 150 Madagascar 0.4 5 year moving average compare
  20. 150 Monaco 0.4 5 year moving average compare
  21. 150 Nicaragua 0.4 5 year moving average compare
  22. 150 Nigeria 0.4 5 year moving average compare
  23. 150 Rwanda 0.4 5 year moving average compare
  24. 150 Sao Tome and Principe 0.4 5 year moving average compare
  25. 150 Sierra Leone 0.4 5 year moving average compare
  26. 150 Singapore 0.4 5 year moving average compare
  27. 150 South Sudan 0.4 5 year moving average compare
  28. 150 Saint Lucia 0.4 5 year moving average compare
  29. 150 East Timor 0.4 5 year moving average compare
  30. 150 Trinidad and Tobago 0.4 5 year moving average compare
  31. 150 Venezuela 0.4 5 year moving average compare
  32. 150 Palestine 0.4 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is goal 1: no poverty in Iceland?
Goal 1: no poverty in Iceland was 0.4 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 1: no poverty recorded in Iceland?
The highest recorded value was 0.857 5 year moving average in 2021.
What is the lowest goal 1: no poverty recorded in Iceland?
The lowest recorded value was 0.25 5 year moving average in 2004.
How does Iceland rank for goal 1: no poverty?
Iceland ranks 150th out of 215 countries with data for 2023.
Is goal 1: no poverty rising or falling in Iceland?
Over the last ten years it is down 20.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 1: No Poverty (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 1: No Poverty in Iceland. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 25 September 2026, from https://reference.statizoid.com/stat/goal-1-no-poverty-5-year-moving-average/iceland/

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About this data

Indicator
GOAL 1: No Poverty (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 1 data availability. Source: UN Global SDG Indicators Database