Persons who cannot afford a personal car in Iceland

Iceland: Persons who cannot afford a personal car was 1.6% in 2020. ▲ Rising

Latest (2020)
1.6%
Change on year
unchanged
World rank
46th
of 47 countries
All-time high
4.2%
in 2013
All-time low
1.4%
in 2007
Years of data
17
2004–2020

Persons who cannot afford a personal car in Iceland, 2004–2020

12342004201220202004: 2.3 Percentage2005: 2.8 Percentage2006: 1.9 Percentage2007: 1.4 Percentage2008: 1.5 Percentage2009: 1.8 Percentage2010: 3.1 Percentage2011: 3.9 Percentage2012: 3.8 Percentage2013: 4.2 Percentage2014: 3.2 Percentage2015: 3.2 Percentage2016: 3.2 Percentage2017: 2.3 Percentage2018: 2.2 Percentage2019: 1.6 Percentage2020: 1.6 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for persons who cannot afford a personal car in Iceland is 1.6%, measured in 2020.

Compared with earlier readings it is down 48.4% over ten years.

Over the whole period, persons who cannot afford a personal car in Iceland peaked at 4.2% in 2013 and was at its lowest, 1.4%, in 2007.

That places Iceland 46th out of 47 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Persons who cannot afford a personal car in Iceland, year by year

Annual values for Persons who cannot afford a personal car in Iceland, 2004 to 2020.
Year Percentage Change
2004 2.3% —
2005 2.8% +21.7%
2006 1.9% -32.1%
2007 1.4% -26.3%
2008 1.5% +7.1%
2009 1.8% +20.0%
2010 3.1% +72.2%
2011 3.9% +25.8%
2012 3.8% -2.6%
2013 4.2% +10.5%
2014 3.2% -23.8%
2015 3.2% +0.0%
2016 3.2% +0.0%
2017 2.3% -28.1%
2018 2.2% -4.3%
2019 1.6% -27.3%
2020 1.6% +0.0%

Iceland compared with similar countries

  • Iceland's 1.6% is below the median for Europe & Central Asia, which is 5.7%, 28% of the median. (34 countries reporting)
  • Iceland's 1.6% is below the median for high income countries, which is 5.4%, 30% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.9% 1.4% 2.8% 6
2010s 3.1% 1.6% 4.2% 10
2020s 1.6% 1.6% 1.6% 1

Countries ranked near Iceland

  1. 44 Slovenia 1.7% compare
  2. 44 Slovenia 1.7% compare
  3. 46 Cyprus 1.6% compare

See the full ranking of 53 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is persons who cannot afford a personal car in Iceland?
Persons who cannot afford a personal car in Iceland was 1.6% in 2020, according to Eurostat.
What is the highest persons who cannot afford a personal car recorded in Iceland?
The highest recorded value was 4.2% in 2013.
What is the lowest persons who cannot afford a personal car recorded in Iceland?
The lowest recorded value was 1.4% in 2007.
How does Iceland rank for persons who cannot afford a personal car?
Iceland ranks 46th out of 47 countries with data for 2020.
Is persons who cannot afford a personal car rising or falling in Iceland?
Over the last ten years it is down 48.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Persons who cannot afford a personal car. Statizoid updates them automatically from the source API.

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Persons who cannot afford a personal car in Iceland. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/persons-who-cannot-afford-a-personal-car/iceland/

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About this data

Indicator
Persons who cannot afford a personal car
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 998 data points, 2003–2025
Last refreshed