Gini index — all countries

Gini index — Iceland

Gini index in Iceland in 2019 — 26.8 index. Ranked 7 in the world out of 78. Since 2003, the indicator has risen by 0%.

2019 26.8 index +0.75% vs 2018
World rank 7of 78
Period maximum 31.8 index2008
Period minimum 25.4 index2013

Trend over time

2003–2019 · index, 0–100

Gini index — Iceland, 2003–201924262830322003200520072009201120132015201720192003: 26.8 index2004: 28 index2005: 29 index2006: 30.2 index2007: 29.5 index2008: 31.8 index2009: 28.7 index2010: 26.2 index2011: 26.8 index2012: 26.8 index2013: 25.4 index2014: 27.8 index2015: 26.8 index2016: 27.2 index2017: 26.1 index2018: 26.6 index2019: 26.8 index
Change over the period: +0 (+0%) Average annual rate: 0 %
Gini index — Iceland, by year Iceland All countries CSV XLSX
Year index Change Change, %
2019 26.8 +0.2 +0.75%
2018 26.6 +0.5 +1.92%
2017 26.1 −1.1 −4.04%
2016 27.2 +0.4 +1.49%
2015 26.8 −1 −3.6%
2014 27.8 +2.4 +9.45%
2013 25.4 −1.4 −5.22%
2012 26.8 +0 +0%
2011 26.8 +0.6 +2.29%
2010 26.2 −2.5 −8.71%
2009 28.7 −3.1 −9.75%
2008 31.8 +2.3 +7.8%
2007 29.5 −0.7 −2.32%
2006 30.2 +1.2 +4.14%
2005 29 +1 +3.57%
2004 28 +1.2 +4.48%
2003 26.8

About the indicator

The Gini index measures how far the distribution of income (or consumption) in a country departs from a perfectly even one. A value of 0 would mean everyone receives the same, 100 that all income goes to one person. Values below 30 are typical of Northern and Central Europe, values above 50 of a number of countries in Latin America and Southern Africa.

Important: There are no aggregates for country groups, and this is not a gap: the inequality of a group does not follow from country-level Gini values — it requires the income distribution of all its residents at once. The data rest on household surveys, are not available for every year, and the base may be either income or consumption.

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