Median income: 2021 vs. 2017 international-$ in Iceland
Iceland: Median income: 2021 vs. 2017 international-$ was 60.63 international-$ in 2021 prices in 2019. ▲ Rising
Latest (2019)
60.63 international-$ in 2021 prices
Change on year
down 0.2%
World rank
11th
of 120 countries
All-time high
63.93 international-$ in 2021 prices
in 2017
All-time low
47.01 international-$ in 2021 prices
in 2004
Years of data
17
2003–2019
Median income: 2021 vs. 2017 international-$ 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
The most recent figure for median income: 2021 vs. 2017 international-$ in Iceland is 60.63 international-$ in 2021 prices, measured in 2019.
The figure is down 0.2% on the previous year and up 15.3% over ten years.
Over the whole period, median income: 2021 vs. 2017 international-$ in Iceland peaked at 63.93 international-$ in 2021 prices in 2017 and was at its lowest, 47.01 international-$ in 2021 prices, in 2004.
Iceland ranks 11th 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.
Median income: 2021 vs. 2017 international-$ in Iceland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 2003 | 47.21 international-$ in 2021 prices | — |
| 2004 | 47.01 international-$ in 2021 prices | -0.4% |
| 2005 | 48.97 international-$ in 2021 prices | +4.2% |
| 2006 | 54.69 international-$ in 2021 prices | +11.7% |
| 2007 | 58.43 international-$ in 2021 prices | +6.9% |
| 2008 | 59.44 international-$ in 2021 prices | +1.7% |
| 2009 | 52.57 international-$ in 2021 prices | -11.6% |
| 2010 | 48.42 international-$ in 2021 prices | -7.9% |
| 2011 | 48.5 international-$ in 2021 prices | +0.2% |
| 2012 | 48.92 international-$ in 2021 prices | +0.9% |
| 2013 | 50.4 international-$ in 2021 prices | +3.0% |
| 2014 | 52.13 international-$ in 2021 prices | +3.4% |
| 2015 | 55.94 international-$ in 2021 prices | +7.3% |
| 2016 | 59.95 international-$ in 2021 prices | +7.2% |
| 2017 | 63.93 international-$ in 2021 prices | +6.6% |
| 2018 | 60.77 international-$ in 2021 prices | -4.9% |
| 2019 | 60.63 international-$ in 2021 prices | -0.2% |
Iceland compared with similar countries
- Iceland's 60.63 international-$ in 2021 prices is above the median for high income countries, which is 49.01 international-$ in 2021 prices, 1.2× the median. (42 countries reporting)
- Iceland's 60.63 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 33.68 international-$ in 2021 prices, 1.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.62 international-$ in 2021 prices | 47.01 international-$ in 2021 prices | 59.44 international-$ in 2021 prices | 7 |
| 2010s | 54.96 international-$ in 2021 prices | 48.42 international-$ in 2021 prices | 63.93 international-$ in 2021 prices | 10 |
Countries ranked near Iceland
- 8 Germany 64.18 international-$ in 2021 prices compare
- 9 Belgium 62.89 international-$ in 2021 prices compare
- 10 Denmark 60.72 international-$ in 2021 prices compare
- 12 Australia 59.71 international-$ in 2021 prices compare
- 13 France 57.21 international-$ in 2021 prices compare
- 14 Finland 56.48 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 median income: 2021 vs. 2017 international-$ in Iceland?
- Median income: 2021 vs. 2017 international-$ in Iceland was 60.63 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 median income: 2021 vs. 2017 international-$ recorded in Iceland?
- The highest recorded value was 63.93 international-$ in 2021 prices in 2017.
- What is the lowest median income: 2021 vs. 2017 international-$ recorded in Iceland?
- The lowest recorded value was 47.01 international-$ in 2021 prices in 2004.
- How does Iceland rank for median income: 2021 vs. 2017 international-$?
- Iceland ranks 11th out of 120 countries with data for 2019.
- Is median income: 2021 vs. 2017 international-$ rising or falling in Iceland?
- Over the last ten years it is up 15.3%. 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 Median income: 2021 vs. 2017 international-$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Value of income or consumption per day below which 50% of the population live.