Wealth share of the richest 1% in Iceland
Iceland: Wealth share of the richest 1% was 19.2% in 2024. ▲ Rising
Wealth share of the richest 1% in Iceland, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Iceland stood at 19.2%.
The figure is down 1.0% on the previous year and down 6.4% over ten years.
Over the whole period, wealth share of the richest 1% in Iceland peaked at 26.7% in 2008 and was at its lowest, 18.2%, in 1980.
Iceland ranks 211th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.2% | 18.2% | 18.2% | 10 |
| 1990s | 18.3% | 18.2% | 18.6% | 10 |
| 2000s | 20.9% | 18.3% | 26.7% | 10 |
| 2010s | 21.1% | 19.6% | 24.5% | 10 |
| 2020s | 19.7% | 19.2% | 20.3% | 5 |
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 wealth share of the richest 1% in Iceland?
- Wealth share of the richest 1% in Iceland was 19.2% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Iceland?
- The highest recorded value was 26.7% in 2008.
- What is the lowest wealth share of the richest 1% recorded in Iceland?
- The lowest recorded value was 18.2% in 1980.
- How does Iceland rank for wealth share of the richest 1%?
- Iceland ranks 211th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Iceland?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
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About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.