Income share of the poorest 20% — all countries

Income share of the poorest 20% — Iceland

Income share of the poorest 20% in Iceland in 2019 — 9.4%. Ranked 11 in the world out of 78. Since 2003, the indicator has fallen by 0.1 pp.

2019 9.4% +0.2 pp vs 2018
World rank 11of 78
Period maximum 9.9%2013
Period minimum 8.6%2008

Trend over time

2003–2019 · % of income

Income share of the poorest 20% — Iceland, 2003–20198.599.5102003200520072009201120132015201720192003: 9.5%2004: 9.4%2005: 9.2%2006: 8.9%2007: 9.1%2008: 8.6%2009: 9.1%2010: 9.5%2011: 9.3%2012: 9.3%2013: 9.9%2014: 9.4%2015: 9.5%2016: 9.4%2017: 9.7%2018: 9.2%2019: 9.4%
Change over the period: −0.1 pp Annual average: -0.01 pp
Income share of the poorest 20% — Iceland, by year Iceland All countries CSV XLSX
Year % Change, pp
2019 9.4 +0.2 pp
2018 9.2 −0.5 pp
2017 9.7 +0.3 pp
2016 9.4 −0.1 pp
2015 9.5 +0.1 pp
2014 9.4 −0.5 pp
2013 9.9 +0.6 pp
2012 9.3 +0 pp
2011 9.3 −0.2 pp
2010 9.5 +0.4 pp
2009 9.1 +0.5 pp
2008 8.6 −0.5 pp
2007 9.1 +0.2 pp
2006 8.9 −0.3 pp
2005 9.2 −0.2 pp
2004 9.4 −0.1 pp
2003 9.5

About the indicator

The share of total income or consumption that goes to the poorest twenty percent of the population. Under complete equality it would be twenty percent; in the most equal countries it comes to about nine, in the most unequal to about three. The indicator reads more plainly than the Gini index: instead of collapsing the whole distribution into a single number, it says outright how much goes to those who get the least.

Important: There are no aggregates for country groups: the top and bottom quintiles of a group are not a union of national quintiles, and they cannot be computed from country shares. The same reason as with the Gini index.

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