Income inequality (Gini) in Iceland
The Gini coefficient of disposable income in Iceland was 24.0 (0 to 100) in 2020.
The latest value for Iceland is for 2020. Most countries have figures for 2025.
Iceland, 2020
24.0
Change from 2019
+0.3points
European Union, 2020
30.0 (0 to 100)b (Break in time series)
Median of OECD (38 countries), 2020
28.2 (0 to 100)
Income inequality (Gini) in Iceland over time
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Iceland
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Gini coefficient, 0 to 100. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | European Union |
|---|---|---|
| 2025 | – | 29.2 (0 to 100) |
| 2024 | – | 29.4 (0 to 100) |
| 2023 | – | 29.6 (0 to 100) |
| 2022 | – | 29.6 (0 to 100) |
| 2021 | – | 30.2 (0 to 100) |
| 2020 | 24.0 (0 to 100) | 30.0 (0 to 100)b (break in time series) |
| 2019 | 23.7 (0 to 100) | 30.1 (0 to 100) |
| 2018 | 23.2 (0 to 100) | 30.4 (0 to 100) |
| 2017 | 25.2 (0 to 100) | 30.3 (0 to 100) |
| 2016 | 24.1 (0 to 100) | 30.6 (0 to 100) |
| 2015 | 24.7 (0 to 100) | 30.8 (0 to 100) |
| 2014 | 22.7 (0 to 100) | 30.9 (0 to 100) |
| 2013 | 24.0 (0 to 100) | 30.6 (0 to 100) |
| 2012 | 24.0 (0 to 100) | 30.4 (0 to 100) |
| 2011 | 23.6 (0 to 100) | 30.5 (0 to 100) |
| 2010 | 25.7 (0 to 100) | 30.2 (0 to 100) |
| 2009 | 29.6 (0 to 100) | – |
| 2008 | 27.3 (0 to 100) | – |
| 2007 | 28.0 (0 to 100) | – |
| 2006 | 26.3 (0 to 100) | – |
| 2005 | 25.1 (0 to 100) | – |
| 2004 | 24.1 (0 to 100) | – |
Flags: b break in time series . A dash means no value was published.
In short
- That is a change of +0.3 points from 23.7 (0 to 100) in 2019.
- Since 2010, when it was 25.7 (0 to 100), the figure has changed by −1.7 points.
- The figure for the European Union in 2020 was 30.0 (0 to 100).
More for Iceland
All statistics for Iceland
Income quintile share ratio (S80/S20)
3.41 times
2020 · Eurostat
Gini index
26.8 (0 to 100)
2019 · World Bank
At-risk-of-poverty rate
8.8%
2020 · Eurostat
Poverty or social exclusion rate
11.7%
2020 · Eurostat
Severe material and social deprivation
0.8%
2020 · Eurostat
Income share held by the richest 10%
22.4%
2019 · World Bank