Extreme poverty rate — all countries

Extreme poverty rate — Iceland

Extreme poverty rate in Iceland in 2019 — 0.1%. Ranked 9 in the world out of 78. Since 2003, the indicator has risen by 0.1 pp.

2019 0.1% −0.2 pp vs 2018
World rank 9of 78
Period maximum 0.3%2018
Period minimum 0%2003

Trend over time

2003–2019 · % of population

Extreme poverty rate — Iceland, 2003–201900.10.20.32003200520072009201120132015201720192003: 0%2004: 0.2%2005: 0%2006: 0.2%2007: 0.1%2008: 0.1%2009: 0.1%2010: 0.1%2011: 0.2%2012: 0%2013: 0.1%2014: 0%2015: 0%2016: 0%2017: 0%2018: 0.3%2019: 0.1%
Change over the period: +0.1 pp Annual average: 0.01 pp

Comparison, 2019

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 0.1%
Northern Europe computed 0.4%
Extreme poverty rate — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2019 0.1 −0.2 pp
2018 0.3 +0.3 pp
2017 0 +0 pp
2016 0 +0 pp
2015 0 +0 pp
2014 0 −0.1 pp
2013 0.1 +0.1 pp
2012 0 −0.2 pp
2011 0.2 +0.1 pp
2010 0.1 +0 pp
2009 0.1 +0 pp
2008 0.1 +0 pp
2007 0.1 −0.1 pp
2006 0.2 +0.2 pp
2005 0 −0.2 pp
2004 0.2 +0.2 pp
2003 0

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.