Inability to make ends meet in Iceland

Iceland: Inability to make ends meet was 3.1% in 2020. ▼ Falling

Latest (2020)
3.1%
Change on year
down 39.2%
World rank
37th
of 47 countries
All-time high
12.8%
in 2010
All-time low
3.1%
in 2020
Years of data
17
2004–2020

Inability to make ends meet in Iceland, 2004–2020

46810122004201220202004: 9.1 Percentage2005: 5.8 Percentage2006: 5 Percentage2007: 5.2 Percentage2008: 5 Percentage2009: 7.8 Percentage2010: 12.8 Percentage2011: 12.3 Percentage2012: 10.6 Percentage2013: 11.7 Percentage2014: 8.9 Percentage2015: 8.6 Percentage2016: 6.2 Percentage2017: 4.8 Percentage2018: 4.9 Percentage2019: 5.1 Percentage2020: 3.1 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for inability to make ends meet in Iceland is 3.1%, measured in 2020. That is the lowest value across all 17 years on record.

The figure is down 39.2% on the previous year and down 75.8% over ten years.

Over the whole period, inability to make ends meet in Iceland peaked at 12.8% in 2010 and was at its lowest, 3.1%, in 2020.

That places Iceland 37th out of 47 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.

Inability to make ends meet in Iceland, year by year

Annual values for Inability to make ends meet in Iceland, 2004 to 2020.
Year Percentage Change
2004 9.1% —
2005 5.8% -36.3%
2006 5.0% -13.8%
2007 5.2% +4.0%
2008 5.0% -3.8%
2009 7.8% +56.0%
2010 12.8% +64.1%
2011 12.3% -3.9%
2012 10.6% -13.8%
2013 11.7% +10.4%
2014 8.9% -23.9%
2015 8.6% -3.4%
2016 6.2% -27.9%
2017 4.8% -22.6%
2018 4.9% +2.1%
2019 5.1% +4.1%
2020 3.1% -39.2%

Iceland compared with similar countries

  • Iceland's 3.1% is below the median for Europe & Central Asia, which is 4.8%, 65% of the median. (34 countries reporting)
  • Iceland's 3.1% is below the median for high income countries, which is 4.2%, 74% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.3% 5.0% 9.1% 6
2010s 8.6% 4.8% 12.8% 10
2020s 3.1% 3.1% 3.1% 1

Countries ranked near Iceland

  1. 35 Denmark 3.4% compare
  2. 36 Norway 3.3% compare
  3. 38 Switzerland 2.7% compare
  4. 38 Finland 2.7% compare
  5. 40 Poland 2.5% compare
  6. 40 Poland 2.5% compare

See the full ranking of 53 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is inability to make ends meet in Iceland?
Inability to make ends meet in Iceland was 3.1% in 2020, according to Eurostat.
What is the highest inability to make ends meet recorded in Iceland?
The highest recorded value was 12.8% in 2010.
What is the lowest inability to make ends meet recorded in Iceland?
The lowest recorded value was 3.1% in 2020.
How does Iceland rank for inability to make ends meet?
Iceland ranks 37th out of 47 countries with data for 2020.
Is inability to make ends meet rising or falling in Iceland?
Over the last ten years it is down 75.8%. 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 make ends meet. Statizoid updates them automatically from the source API.

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Inability to make ends meet in Iceland. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/inability-to-make-ends-meet/iceland/

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About this data

Indicator
Inability to make ends meet
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 998 data points, 2003–2025
Last refreshed