Threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland
Iceland: Threshold income or consumption per month marking the poorest decile, the median, and the richest decile was 1,016 international-$ in 2021 prices in 2019. ▲ Rising
Latest (2019)
1,016 international-$ in 2021 prices
Change on year
up 3.2%
World rank
7th
of 120 countries
All-time high
1,080 international-$ in 2021 prices
in 2017
All-time low
808.08 international-$ in 2021 prices
in 2012
Years of data
17
2003–2019
Threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2019, threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland stood at 1,016 international-$ in 2021 prices.
The figure is up 3.2% on the previous year and up 15.2% over ten years.
Over the whole period, threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland peaked at 1,080 international-$ in 2021 prices in 2017 and was at its lowest, 808.08 international-$ in 2021 prices, in 2012.
Iceland ranks 7th of 120 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2003 | 811.79 international-$ in 2021 prices | — |
| 2004 | 846.47 international-$ in 2021 prices | +4.3% |
| 2005 | 837.71 international-$ in 2021 prices | -1.0% |
| 2006 | 925.54 international-$ in 2021 prices | +10.5% |
| 2007 | 995.99 international-$ in 2021 prices | +7.6% |
| 2008 | 980.39 international-$ in 2021 prices | -1.6% |
| 2009 | 881.32 international-$ in 2021 prices | -10.1% |
| 2010 | 817.47 international-$ in 2021 prices | -7.2% |
| 2011 | 808.57 international-$ in 2021 prices | -1.1% |
| 2012 | 808.08 international-$ in 2021 prices | -0.1% |
| 2013 | 879.01 international-$ in 2021 prices | +8.8% |
| 2014 | 893.14 international-$ in 2021 prices | +1.6% |
| 2015 | 954 international-$ in 2021 prices | +6.8% |
| 2016 | 1,014 international-$ in 2021 prices | +6.3% |
| 2017 | 1,080 international-$ in 2021 prices | +6.6% |
| 2018 | 984.55 international-$ in 2021 prices | -8.9% |
| 2019 | 1,016 international-$ in 2021 prices | +3.2% |
Iceland compared with similar countries
- Iceland's 1,016 international-$ in 2021 prices is above the median for high income countries, which is 697.69 international-$ in 2021 prices, 1.5× the median. (42 countries reporting)
- Iceland's 1,016 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 484.21 international-$ in 2021 prices, 2.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 897.03 international-$ in 2021 prices | 811.79 international-$ in 2021 prices | 995.99 international-$ in 2021 prices | 7 |
| 2010s | 925.46 international-$ in 2021 prices | 808.08 international-$ in 2021 prices | 1,080 international-$ in 2021 prices | 10 |
Countries ranked near Iceland
- 4 Denmark 1,059 international-$ in 2021 prices compare
- 5 Austria 1,034 international-$ in 2021 prices compare
- 6 Switzerland 1,021 international-$ in 2021 prices compare
- 8 Belgium 999.66 international-$ in 2021 prices compare
- 9 Finland 944.93 international-$ in 2021 prices compare
- 10 Canada 933.49 international-$ in 2021 prices compare
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 threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland?
- Threshold income or consumption per month marking the poorest decile, the median, and the richest decile in Iceland was 1,016 international-$ in 2021 prices in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest threshold income or consumption per month marking the poorest decile, the median, and the richest decile recorded in Iceland?
- The highest recorded value was 1,080 international-$ in 2021 prices in 2017.
- What is the lowest threshold income or consumption per month marking the poorest decile, the median, and the richest decile recorded in Iceland?
- The lowest recorded value was 808.08 international-$ in 2021 prices in 2012.
- How does Iceland rank for threshold income or consumption per month marking the poorest decile, the median, and the richest decile?
- Iceland ranks 7th out of 120 countries with data for 2019.
- Is threshold income or consumption per month marking the poorest decile, the median, and the richest decile rising or falling in Iceland?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Threshold income or consumption per month marking the poorest decile, the median, and the richest decile. Statizoid updates them automatically from the source API.
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About this data
Level of income or consumption per month below which 10% of the population falls.