Proportion of people living below 50 percent of median income in Iceland
Iceland: Proportion of people living below 50 percent of median income was 6.3% in 2019. ▬ Flat
Proportion of people living below 50 percent of median income in Iceland, 2003–2019
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Iceland recorded 6.3% for proportion of people living below 50 percent of median income in 2019.
Compared with earlier readings it is down 18.2% on the previous year and down 10.0% over ten years.
Over the whole period, proportion of people living below 50 percent of median income in Iceland peaked at 7.7% in 2018 and was at its lowest, 5.4%, in 2013.
That places Iceland 118th out of 130 countries with data for 2019, putting it in the bottom quarter.
Proportion of people living below 50 percent of median income in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 6.3% | — |
| 2004 | 5.7% | -9.5% |
| 2005 | 6.5% | +14.0% |
| 2006 | 6.6% | +1.5% |
| 2007 | 6.2% | -6.1% |
| 2008 | 6.9% | +11.3% |
| 2009 | 7.0% | +1.4% |
| 2010 | 6.7% | -4.3% |
| 2011 | 7.2% | +7.5% |
| 2012 | 6.7% | -6.9% |
| 2013 | 5.4% | -19.4% |
| 2014 | 6.3% | +16.7% |
| 2015 | 6.1% | -3.2% |
| 2016 | 6.5% | +6.6% |
| 2017 | 6.3% | -3.1% |
| 2018 | 7.7% | +22.2% |
| 2019 | 6.3% | -18.2% |
Iceland compared with similar countries
- Iceland's 6.3% is below the median for high income countries, which is 11.7%, 54% of the median. (41 countries reporting)
- Iceland's 6.3% is below the median for Europe & Central Asia, which is 11.0%, 57% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 5.7% | 7.0% | 7 |
| 2010s | 6.5% | 5.4% | 7.7% | 10 |
Countries ranked near Iceland
More infrastructure data for Iceland
- Mobile cellular subscriptions 475,724 (2024)
- Mobile cellular subscriptions 120.93 per 100 people (2024)
- Fixed telephone subscriptions 68,518 (2024)
- Fixed telephone subscriptions 17.42 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1773 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -16.94 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 68,518 (2024)
- Mobile cellular subscriptions, per capita 1.23 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is proportion of people living below 50 percent of median income in Iceland?
- Proportion of people living below 50 percent of median income in Iceland was 6.3% in 2019, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of people living below 50 percent of median income recorded in Iceland?
- The highest recorded value was 7.7% in 2018.
- What is the lowest proportion of people living below 50 percent of median income recorded in Iceland?
- The lowest recorded value was 5.4% in 2013.
- How does Iceland rank for proportion of people living below 50 percent of median income?
- Iceland ranks 118th out of 130 countries with data for 2019.
- Is proportion of people living below 50 percent of median income rising or falling in Iceland?
- Over the last ten years it is down 10.0%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of people living below 50 percent of median income (%). Statizoid updates them automatically from the source API.
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