Reduction in hdi when adjusting for inequalities in Iceland

Iceland: Reduction in hdi when adjusting for inequalities was 5.04 in 2023. ▼ Falling

Latest (2023)
5.04
Change on year
down 2.8%
World rank
165th
of 166 countries
All-time high
6.63
in 2010
All-time low
5.04
in 2023
Years of data
14
2010–2023

Reduction in hdi when adjusting for inequalities in Iceland, 2010–2023

02462010201620232010: 6.62011: 5.52012: 5.72013: 5.82014: 5.32015: 6.12016: 5.52017: 5.82018: 5.42019: 5.22020: 5.52021: 5.62022: 5.22023: 5

Source: Our World in Data.

Analysis

Iceland recorded 5.04 for reduction in hdi when adjusting for inequalities in 2023. That is the lowest value across all 14 years on record.

The figure is down 2.8% on the previous year and down 12.9% over ten years.

Over the whole period, reduction in hdi when adjusting for inequalities in Iceland peaked at 6.63 in 2010 and was at its lowest, 5.04, in 2023.

Iceland ranks 165th of 166 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 14 years of available data.

Reduction in hdi when adjusting for inequalities in Iceland, year by year

Annual values for Reduction in hdi when adjusting for inequalities in Iceland, 2010 to 2023.
Year Value Change
2010 6.63 —
2011 5.53 -16.7%
2012 5.71 +3.3%
2013 5.79 +1.4%
2014 5.35 -7.7%
2015 6.07 +13.5%
2016 5.53 -8.9%
2017 5.82 +5.3%
2018 5.38 -7.5%
2019 5.16 -4.1%
2020 5.49 +6.4%
2021 5.58 +1.7%
2022 5.19 -7.1%
2023 5.04 -2.8%

Iceland compared with similar countries

  • Iceland's 5.04 is below the median for high income countries, which is 8.87, 57% of the median. (53 countries reporting)
  • Iceland's 5.04 is below the median for Europe & Central Asia, which is 8.32, 61% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.7 5.16 6.63 10
2020s 5.33 5.04 5.58 4

Countries ranked near Iceland

  1. 162 Denmark 5.51 compare
  2. 163 Slovakia 5.34 compare
  3. 164 Czechia 5.25 compare
  4. 166 Slovenia 4.94 compare

See the full ranking of 166 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is reduction in hdi when adjusting for inequalities in Iceland?
Reduction in hdi when adjusting for inequalities in Iceland was 5.04 in 2023, according to Our World in Data.
What is the highest reduction in hdi when adjusting for inequalities recorded in Iceland?
The highest recorded value was 6.63 in 2010.
What is the lowest reduction in hdi when adjusting for inequalities recorded in Iceland?
The lowest recorded value was 5.04 in 2023.
How does Iceland rank for reduction in hdi when adjusting for inequalities?
Iceland ranks 165th out of 166 countries with data for 2023.
Is reduction in hdi when adjusting for inequalities rising or falling in Iceland?
Over the last ten years it is down 12.9%. 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 Reduction in hdi when adjusting for inequalities. Statizoid updates them automatically from the source API.

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Reduction in hdi when adjusting for inequalities in Iceland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/reduction-in-hdi-when-adjusting-for-inequalities/iceland/

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About this data

Indicator
Reduction in hdi when adjusting for inequalities
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,131 data points, 2010–2023
Last refreshed