Palma ratio wb in Iceland

Iceland: Palma ratio wb was 0.9491 in 2019. ▼ Falling

Latest (2019)
0.9491
Change on year
up 2.1%
World rank
110th
of 120 countries
All-time high
1.25
in 2008
All-time low
0.879
in 2013
Years of data
17
2003–2019

Palma ratio wb in Iceland, 2003–2019

00.511.52003201120192003: 0.9512004: 12005: 1.12006: 1.12007: 1.12008: 1.32009: 12010: 0.9182011: 0.9462012: 0.9392013: 0.8792014: 12015: 0.9512016: 0.9712017: 0.9212018: 0.9292019: 0.949

Source: Our World in Data.

Analysis

In 2019, palma ratio wb 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 wb 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 wb in Iceland, year by year

Annual values for Palma ratio wb in Iceland, 2003 to 2019.
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

DecadeAverage LowestHighest Years
2000s 1.08 0.9514 1.25 7
2010s 0.9415 0.879 1.01 10

Countries ranked near Iceland

  1. 107 Azerbaijan 0.9795
  2. 108 Finland 0.968 compare
  3. 109 Moldova 0.9597 compare
  4. 111 Belgium 0.9453 compare
  5. 112 Norway 0.9172 compare
  6. 113 Syria 0.8957 compare

See the full ranking of 120 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is palma ratio wb in Iceland?
Palma ratio wb in Iceland was 0.9491 in 2019, according to Our World in Data.
What is the highest palma ratio wb recorded in Iceland?
The highest recorded value was 1.25 in 2008.
What is the lowest palma ratio wb recorded in Iceland?
The lowest recorded value was 0.879 in 2013.
How does Iceland rank for palma ratio wb?
Iceland ranks 110th out of 120 countries with data for 2019.
Is palma ratio wb 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 Our World in Data, published as part of Palma ratio wb. 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).

Share, cite or embed this page

Cite this page

Palma ratio wb in Iceland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/palma-ratio-wb/iceland/">Palma ratio wb in Iceland</a> — Statizoid

About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed