Prosperity gap in Iceland
Iceland: Prosperity gap was 0.5892 in 2019. ▼ Falling
Prosperity gap in Iceland, 2003–2019
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
Analysis
In 2019, prosperity gap in Iceland stood at 0.5892.
Compared with earlier readings it is down 17.8% on the previous year and down 9.2% over ten years.
Over the whole period, prosperity gap in Iceland peaked at 0.7699 in 2011 and was at its lowest, 0.4949, in 2017.
Iceland ranks 115th of 120 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6383 | 0.5616 | 0.7341 | 7 |
| 2010s | 0.6333 | 0.4949 | 0.7699 | 10 |
Countries ranked near Iceland
More reference data data for Iceland
- Spring temperature anomalies -0.5453 °C (2026)
- Summer temperature anomalies 0.1076 °C (2026)
- Temperature anomalies by month -0.09 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.653 °C (2025)
- Winter temperature anomalies 3.5 °C (2025)
- Consumer price index 179.82 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is prosperity gap in Iceland?
- Prosperity gap in Iceland was 0.5892 in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest prosperity gap recorded in Iceland?
- The highest recorded value was 0.7699 in 2011.
- What is the lowest prosperity gap recorded in Iceland?
- The lowest recorded value was 0.4949 in 2017.
- How does Iceland rank for prosperity gap?
- Iceland ranks 115th out of 120 countries with data for 2019.
- Is prosperity gap rising or falling in Iceland?
- Over the last ten years it is down 9.2%. 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 Prosperity gap. 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
Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.