Palma ratio in Iceland
Iceland: Palma ratio was 0.9491 in 2019. ▼ Falling
Palma ratio in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
Analysis
In 2019, palma ratio in Iceland stood at 0.9491.
The figure is up 2.1% on the previous year and down 9.6% over ten years.
Over the whole period, palma ratio in Iceland peaked at 1.25 in 2008 and was at its lowest, 0.879, in 2013.
That places Iceland 110th out of 120 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Palma ratio in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 0.9514 | — |
| 2004 | 1.01 | +6.6% |
| 2005 | 1.07 | +5.3% |
| 2006 | 1.14 | +6.7% |
| 2007 | 1.1 | -3.9% |
| 2008 | 1.25 | +14.4% |
| 2009 | 1.05 | -16.3% |
| 2010 | 0.9184 | -12.5% |
| 2011 | 0.9464 | +3.0% |
| 2012 | 0.939 | -0.8% |
| 2013 | 0.879 | -6.4% |
| 2014 | 1.01 | +15.0% |
| 2015 | 0.951 | -5.9% |
| 2016 | 0.9705 | +2.1% |
| 2017 | 0.9213 | -5.1% |
| 2018 | 0.9293 | +0.9% |
| 2019 | 0.9491 | +2.1% |
Iceland compared with similar countries
- Iceland's 0.9491 is below the median for high income countries, which is 1.23, 77% of the median. (42 countries reporting)
- Iceland's 0.9491 is below the median for Europe & Central Asia, which is 1.13, 84% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.08 | 0.9514 | 1.25 | 7 |
| 2010s | 0.9415 | 0.879 | 1.01 | 10 |
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 palma ratio in Iceland?
- Palma ratio in Iceland was 0.9491 in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest palma ratio recorded in Iceland?
- The highest recorded value was 1.25 in 2008.
- What is the lowest palma ratio recorded in Iceland?
- The lowest recorded value was 0.879 in 2013.
- How does Iceland rank for palma ratio?
- Iceland ranks 110th out of 120 countries with data for 2019.
- Is palma ratio rising or falling in Iceland?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
- 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 Palma ratio. 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
The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.