Poverty: Share of population living on less than $1 a day in Iceland

Iceland: Poverty: Share of population living on less than $1 a day was 0.0% in 2019. ◆ Volatile

Latest (2019)
0.0%
Change on year
down 70.1%
World rank
76th
of 120 countries
All-time high
0.2%
in 2018
All-time low
0.0%
in 2003
Years of data
17
2003–2019

Poverty: Share of population living on less than $1 a day in Iceland, 2003–2019

00.050.10.152003201120192003: 0 %2004: 0.053 %2005: 0 %2006: 0.044 %2007: 0.022 %2008: 0.061 %2009: 0.032 %2010: 0.118 %2011: 0.088 %2012: 0.034 %2013: 0.047 %2014: 0 %2015: 0 %2016: 0 %2017: 0 %2018: 0.162 %2019: 0.049 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty: share of population living on less than $1 a day in Iceland is 0.0%, measured in 2019.

The figure is down 70.1% on the previous year and up 50.8% over ten years.

Over the whole period, poverty: share of population living on less than $1 a day in Iceland peaked at 0.2% in 2018 and was at its lowest, 0.0%, in 2003.

Iceland ranks 76th of 120 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0% 0.0% 0.1% 7
2010s 0.0% 0.0% 0.2% 10

Countries ranked near Iceland

  1. 73 Paraguay 0.1% compare
  2. 74 Dominican Republic 0.1% compare
  3. 75 Jamaica 0.1% compare
  4. 77 France 0.0% compare
  5. 78 Netherlands 0.0% compare
  6. 79 Philippines 0.0% compare

See the full ranking of 120 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is poverty: share of population living on less than $1 a day in Iceland?
Poverty: share of population living on less than $1 a day in Iceland was 0.0% in 2019, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $1 a day recorded in Iceland?
The highest recorded value was 0.2% in 2018.
What is the lowest poverty: share of population living on less than $1 a day recorded in Iceland?
The lowest recorded value was 0.0% in 2003.
How does Iceland rank for poverty: share of population living on less than $1 a day?
Iceland ranks 76th out of 120 countries with data for 2019.
Is poverty: share of population living on less than $1 a day rising or falling in Iceland?
Over the last ten years it is up 50.8%. The long-run trend across the full record is volatile.
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 Poverty: Share of population living on less than $1 a day. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Poverty: Share of population living on less than $1 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $1 per day.