Inability to face unexpected financial expenses in Iceland
Iceland: Inability to face unexpected financial expenses was 22.4% in 2020. ▼ Falling
Inability to face unexpected financial expenses in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
In 2020, inability to face unexpected financial expenses in Iceland stood at 22.4%. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 9.3% on the previous year and down 32.9% over ten years.
Over the whole period, inability to face unexpected financial expenses in Iceland peaked at 37.4% in 2011 and was at its lowest, 22.4%, in 2020.
Iceland ranks 38th of 47 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Inability to face unexpected financial expenses in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 33.9% | — |
| 2005 | 35.7% | +5.3% |
| 2006 | 30.2% | -15.4% |
| 2007 | 27.7% | -8.3% |
| 2008 | 25.1% | -9.4% |
| 2009 | 27.5% | +9.6% |
| 2010 | 33.4% | +21.5% |
| 2011 | 37.4% | +12.0% |
| 2012 | 34.6% | -7.5% |
| 2013 | 33.7% | -2.6% |
| 2014 | 34.0% | +0.9% |
| 2015 | 36.9% | +8.5% |
| 2016 | 30.9% | -16.3% |
| 2017 | 29.2% | -5.5% |
| 2018 | 25.8% | -11.6% |
| 2019 | 24.7% | -4.3% |
| 2020 | 22.4% | -9.3% |
Iceland compared with similar countries
- Iceland's 22.4% is below the median for Europe & Central Asia, which is 29.9%, 75% of the median. (34 countries reporting)
- Iceland's 22.4% is below the median for high income countries, which is 28.0%, 80% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.0% | 25.1% | 35.7% | 6 |
| 2010s | 32.1% | 24.7% | 37.4% | 10 |
| 2020s | 22.4% | 22.4% | 22.4% | 1 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is inability to face unexpected financial expenses in Iceland?
- Inability to face unexpected financial expenses in Iceland was 22.4% in 2020, according to Eurostat.
- What is the highest inability to face unexpected financial expenses recorded in Iceland?
- The highest recorded value was 37.4% in 2011.
- What is the lowest inability to face unexpected financial expenses recorded in Iceland?
- The lowest recorded value was 22.4% in 2020.
- How does Iceland rank for inability to face unexpected financial expenses?
- Iceland ranks 38th out of 47 countries with data for 2020.
- Is inability to face unexpected financial expenses rising or falling in Iceland?
- Over the last ten years it is down 32.9%. 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 Inability to face unexpected financial expenses. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).