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.
Prosperity gap in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 0.6743 | — |
| 2004 | 0.7341 | +8.9% |
| 2005 | 0.6496 | -11.5% |
| 2006 | 0.6378 | -1.8% |
| 2007 | 0.5622 | -11.9% |
| 2008 | 0.5616 | -0.1% |
| 2009 | 0.6487 | +15.5% |
| 2010 | 0.7375 | +13.7% |
| 2011 | 0.7699 | +4.4% |
| 2012 | 0.6666 | -13.4% |
| 2013 | 0.6536 | -1.9% |
| 2014 | 0.6112 | -6.5% |
| 2015 | 0.567 | -7.2% |
| 2016 | 0.5269 | -7.1% |
| 2017 | 0.4949 | -6.1% |
| 2018 | 0.7163 | +44.7% |
| 2019 | 0.5892 | -17.8% |
Iceland compared with similar countries
- Iceland's 0.5892 is below the median for high income countries, which is 1.08, 55% of the median. (42 countries reporting)
- Iceland's 0.5892 is below the median for Europe & Central Asia, which is 1.29, 46% of the median. (47 countries reporting)
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
- 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 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.