Photo: Hansueli Krapf · CC BY-SA 3.0 · via Wikimedia Commons, shown in greyscale
Topic 14 of 18 · Country Index 2026
Iceland: Poverty & Inequality
How is a country’s income shared, and how many live below a line?
Iceland is placed 8th of 159 countries on poverty & inequality in the Country Index 2026, from 3 of its 3 key statistics. Readings behind it: Gini Index 26.8 (2023); Poverty Gap at $3.00 a Day 0.06 (2023).
Share
Poverty & Inequality
8th
of 159 countries placed
Placed from 3 of 3 key statistics
01The evidence
The 3 key statistics that decide it
Only these place Iceland on poverty & inequality — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
Key 1 of 3
Gini Index
World Bank Group
Latest reading per country, 2013–2023 · Iceland’s is from 2019 · CC BY 4.0
26.8
Gini index (0 = perfect equality, 100 = perfect inequality)
Lower is better
Iceland: 26.8. Across the 159 countries at their latest reading, values run from 23 (India) to 59.07 (Namibia); the world median is 33.72.
- World median
- 33.72
- Best in Northern Europe
- 26.53 Norway
Key 2 of 3
Poverty Gap at $3.00 a Day
World Bank Group
Latest reading per country, 2013–2023 · Iceland’s is from 2019 · CC BY 4.0
0.06
Poverty gap at $3.00 a day, 2021 PPP (%)
Lower is better
Iceland: 0.06. Across the 159 countries at their latest reading, values run from 0 (Czechia) to 48.69 (DR Congo); the world median is 0.345.
- World median
- 0.345
- Best in Northern Europe
- 0.06 Ireland and Iceland
Key 3 of 3
Share of Population Unable to Afford a Healthy Diet
Food and Agriculture Organization of the United Nations (FAO)
2025 edition · data for 2025 · CC BY 4.0
1.8
Share of the population unable to afford a healthy diet (%)
Lower is better
Iceland: 1.8. Across the 145 countries in this edition, values run from 0.6 (Belarus) to 93.9 (South Sudan); the world median is 26.4.
- World median
- 26.4
- Best in Northern Europe
- 0.9 Ireland
02Over time
Which way Iceland is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
Gini Index
Gini index (0 = perfect equality, 100 = perfect inequality) · lower is better
IcelandWorld median
Iceland fell from 26.84 in 2003 to 26.8 in 2019; the world median went from 35.46 to 33.51.
Every year’s figures
Year Iceland World median 2023 — 33.72 2022 — 33.91 2021 — 34.04 2020 — 34.18 2019 26.80 33.51 2018 26.57 35.25 2017 26.13 34.86 2016 27.24 34.47 2015 26.79 35.52 2014 27.80 34.79 2013 25.40 36.16 2012 26.77 35.40 2011 26.83 33.96 2010 26.17 33.71 2009 28.66 34.91 2008 31.79 34.60 2007 29.47 34.26 2006 30.25 35.63 2005 29.00 36.28 2004 27.98 34.29 2003 26.84 35.46 2002 — 37.14 Poverty Gap at $3.00 a Day
Poverty gap at $3.00 a day, 2021 PPP (%) · lower is better
IcelandWorld median
Iceland rose from 0.01 in 2003 to 0.06 in 2019; the world median went from 1.65 to 0.38.
Every year’s figures
Year Iceland World median 2023 — 0.345 2022 — 0.420 2021 — 0.335 2020 — 0.280 2019 0.06 0.380 2018 0.17 0.460 2017 0.00 0.300 2016 0.00 0.440 2015 0.01 0.500 2014 0.00 0.635 2013 0.05 0.515 2012 0.02 0.640 2011 0.10 0.430 2010 0.11 0.530 2009 0.06 0.600 2008 0.05 0.350 2007 0.03 0.360 2006 0.09 0.465 2005 0.02 1.250 2004 0.11 0.790 2003 0.01 1.650 2002 — 3.010 Share of Population Unable to Afford a Healthy Diet
Share of the population unable to afford a healthy diet (%) · lower is better
IcelandWorld median
Iceland rose from 0.9 in 2017 to 1.8 in 2025; the world median went from 32.4 to 26.4.
Every year’s figures
Year Iceland World median 2025 1.8 26.40 2024 1.8 27.10 2023 1.8 27.15 2022 1.8 27.90 2021 2.1 29.65 2020 2.2 31.80 2019 2.1 29.05 2018 1.6 29.85 2017 0.9 32.40
03In context
Iceland beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 159 countries on poverty & inequality, never a place within the region.
Iceland and Northern Europe
Iceland has no land border, so the table compares it with its sub-region. Standing among all 159; the key columns are the publishers’ own values.
| Country | Standing | Gini IndexGini index (0 = perfect equality, 100 = perfect inequality) | Poverty Gap at $3.00 a DayPoverty gap at $3.00 a day, 2021 PPP (%) | Share of Population Unable to Afford a Healthy DietShare of the population unable to afford a healthy diet (%) |
|---|---|---|---|---|
| Iceland | 8th | 26.8 | 0.06 | 1.8 |
 Ireland | 9th | 28.97 | 0.06 | 0.9 |
 Norway | 11th | 26.53 | 0.13 | 1.2 |
 Finland | 16th | 27.4 | 0.13 | 2 |
 Denmark | 22nd | 29.92 | 0.27 | 1.3 |
 United Kingdom | 34th | 32.42 | 0.28 | 2.9 |
 Estonia | =35th | 30.71 | 0.19 | 10.2 |
 Sweden | 37th | 29.28 | 0.55 | 4.9 |
 Latvia | 58th | 33.97 | 0.31 | 16.9 |
 Lithuania | =70th | 35.96 | 0.71 | 12.3 |
| Channel Islands | not placed | — | — | — |
 Faroe Islands | not placed | — | — | — |
 Isle of Man | not placed | — | — | — |
“—”: no published reading in that edition. What a standing is
Across Northern Europe
Every country in the sub-region, by its place among all 159.
Placed either side on poverty & inequality
The countries immediately above and below Iceland in the topic’s list.
04Context, no vote
Where Iceland is ahead of the world, and behind
11 more statistics filed under poverty & inequality, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median9
Statistics on which Iceland does better than the middle country measured.
Inequality-adjusted Human Development IndexUNDP Human Development Report Office · 2023 · world median 0.6090.9230.609No real change since 2013
Iceland: 0.923 · world median 0.609 · IHDI (0–1). UNDP Human Development Report Office, 2023 edition, data for 2023.
Published values in that edition run from 0.226 to 0.923; higher is better.
Position 1st of 169 · derived.
Coefficient of Human InequalityUNDP Human Development Report Office · 2023 · world median 17.054.98617.05No real change since 2013
Iceland: 4.986 · world median 17.05 · Coefficient of Human Inequality (%). UNDP Human Development Report Office, 2023 edition, data for 2023.
Published values in that edition run from 4.865 to 43.08; lower is better.
Position 168th of 169 · derived, 1st = worst.
Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,80039,64312,800▲ Improved since 2017
Iceland: 39,643 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 688.7 to 52,654; higher is better.
Position 9th of 173 · derived.
Multidimensional Poverty MeasureWorld Bank Group · 2025 · world median 4.2520.1074.252No earlier reading
Iceland: 0.107 · world median 4.252 · Multidimensional poverty headcount ratio (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0 to 87.96; lower is better.
Position 150th of 157 · derived, 1st = worst.
Intergenerational Persistence in EducationWorld Bank Group · 2017 · world median 0.4460.2850.446No earlier reading
Iceland: 0.285 · world median 0.446 · Correlation between own and parents' years of schooling, born 1980–89 (0–1). World Bank Group, 2017 edition, data for 2017.
Published values in that edition run from 0.123 to 0.66; lower is better.
Position 141st of 153 · derived, 1st = worst.
Coefficient of Variation of Habitual Caloric ConsumptionFAO · 2024 · world median 0.250.20.25▲ Improved since 2014
Iceland: 0.2 · world median 0.25 · Coefficient of variation of habitual calorie consumption across the population (standard deviation ÷ mean). Food and Agriculture Organization of the United Nations (FAO), 2024 edition, data for 2024.
Published values in that edition run from 0.17 to 0.4; lower is better.
Poverty Headcount at $3.00 a Day, Line-up EstimatesWorld Bank Group · 2024 · world median 2.10.082.1▼ Worsened since 2014
Iceland: 0.08 · world median 2.1 · Population below $3.00 a day, 2021 PPP, World Bank line-up estimate (%). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0 to 89.54; lower is better.
Exclusion by Socio-Economic GroupV-Dem Institute, University of Gothenburg · 2023 · world median 0.4130.1340.413▼ Worsened since 2013
Iceland: 0.134 · world median 0.413 · Exclusion by socio-economic group index (0–1; higher = more exclusion). V-Dem Institute, University of Gothenburg, 2023 edition, data for 2023.
Published values in that edition run from 0.014 to 0.969; lower is better.
Position 141st of 174 · derived, 1st = worst.
Prevalence of Moderate or Severe Food InsecurityFAO · 2024 · world median 20.97.920.9▼ Worsened since 2015
Iceland: 7.9 · world median 20.9 · Population in moderate or severe food insecurity (%). Food and Agriculture Organization of the United Nations (FAO), 2024 edition, data for 2024.
Published values in that edition run from 1 to 88.8; lower is better.
Position 105th of 135 · derived, 1st = worst.
No better end2
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Cost of a Healthy DietFAO · 2025 · world median 4.553.644.55Moved since 2017
Iceland: 3.64 · world median 4.55 · Cost of the cheapest locally available healthy diet, PPP dollars per person per day. Food and Agriculture Organization of the United Nations (FAO), 2025 edition, data for 2025.
Published values in that edition run from 2.66 to 8.27.
Poverty Headcount at National Poverty LinesWorld Bank Group · 2025 · world median 21.88.821.8No earlier reading
Iceland: 8.8 · world median 21.8 · Population below the national poverty line (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0 to 82.3.
No current reading for Iceland
Adequacy of Social Protection and Labour Benefits, Catastrophic Out-of-Pocket Health Spending, Gini Index (last 2019), Gini Index of Disposable Income (SWIID) (last 2019), Gini Index of Monthly Earnings (last 2020), Global Multidimensional Poverty Index, Income Growth of the Poorest 40% (last 2022), Income Share Held by Lowest 20% (last 2019), Income Share Held by Richest 10% (last 2019), Low Pay Rate (last 2018), Median Daily Income or Consumption per Person (last 2019), Palma Ratio (last 2019), Poverty Gap at $3.00 a Day (last 2019), Poverty Headcount Ratio at $3.00 a Day (last 2019), Poverty Headcount Ratio at $4.20 a Day (last 2019), Poverty Headcount Ratio at $8.30 a Day (last 2019), Poverty Severity (Squared Poverty Gap) at $3.00 a Day (last 2019), Prosperity Gap (last 2019), Severe Child Food Poverty, Children Aged 6–23 Months, Societal Poverty Rate (last 2019), Wealth Parity Index, Lower Secondary Completion and Working Poverty Rate. Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Poverty & Inequality among Iceland’s 16 topics
Poverty & Inequality is Iceland’s 6th best-placed topic of 16. Strongest first, each marker at its share of that topic’s field.
- Peace & Security1st of 1773/4 keys
- Work & Labour1st of 1824/4 keys
- Economy & Innovation4th of 1763/4 keys
- Energy5th of 1653/3 keys
- Risk & Resilience8th of 1934/4 keys
- Poverty & Inequality8th of 1593/3 keys
- Democracy & Civil Liberties11th of 1984/4 keys
- Development & Human Capital14th of 1963/3 keys
- Health & Wellbeing15th of 2003/4 keys
- Governance & Institutionsjoint 19th of 1944/4 keys
- Gender & Equality37th of 1833/4 keys
- Education & Knowledge56th of 1983/4 keys
- Digital & Technologyjoint 68th of 1984/4 keys
- Food & Agriculture70th of 1844/4 keys
- Mobility & Trade93rd of 1774/4 keys
- Environment & Sustainabilityjoint 118th of 1863/4 keys
06The top of the list
Who leads on poverty & inequality
The three countries placed highest of 159, and the leaders Iceland can most readily be measured against.
1
BelarusEastern Europe
1st of 159 · 3 of 3 keys
Photo: zedlik , cropped by Jjtkk · CC BY-SA 3.0, greyscale
2
SloveniaSouthern Europe
2nd of 159 · 3 of 3 keys
Photo: Z.K. derivative work: Jjtkk · CC BY 3.0, greyscale
=3
UkraineEastern Europe
Joint 3rd of 159 · 2 of 3 keys
Photo: uploaded by Chern038 · CC BY-SA 3.0, greyscale
Placed highest nearby
Highest in Europe
Belarus1st3/3 keysHighest in Northern Europe
Iceland8th3/3 keys
Positions out of 159 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Questions
Iceland on poverty & inequality: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Iceland rank on poverty & inequality?
Iceland is placed 8th of 159 countries on Poverty & Inequality in the Country Index 2026, from 3 of its 3 key statistics (Gini Index, Poverty Gap at $3.00 a Day and Share of Population Unable to Afford a Healthy Diet). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest Gini Index figure for Iceland?
26.8 in 2023 (gini index (0 = perfect equality, 100 = perfect inequality)), according to World Bank Group. The world median in the same edition was 33.72.
What is the latest Poverty Gap at $3.00 a Day figure for Iceland?
0.06 in 2023 (poverty gap at $3.00 a day, 2021 PPP (%)), according to World Bank Group. The world median in the same edition was 0.345.
How have Iceland’s poverty & inequality figures changed?
Gini Index fell from 26.84 in 2003 to 26.8 in 2019; Poverty Gap at $3.00 a Day rose from 0.01 in 2003 to 0.06 in 2019; Share of Population Unable to Afford a Healthy Diet rose from 0.9 in 2017 to 1.8 in 2025.
Which poverty & inequality statistics are missing for Iceland?
No current reading is published for Iceland on Adequacy of Social Protection and Labour Benefits, Catastrophic Out-of-Pocket Health Spending, Gini Index, Gini Index of Disposable Income (SWIID), Gini Index of Monthly Earnings, Global Multidimensional Poverty Index, Income Growth of the Poorest 40%, Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Low Pay Rate, Median Daily Income or Consumption per Person, Palma Ratio, Poverty Gap at $3.00 a Day, Poverty Headcount Ratio at $3.00 a Day, Poverty Headcount Ratio at $4.20 a Day, Poverty Headcount Ratio at $8.30 a Day, Poverty Severity (Squared Poverty Gap) at $3.00 a Day, Prosperity Gap, Severe Child Food Poverty, Children Aged 6–23 Months, Societal Poverty Rate, Wealth Parity Index, Lower Secondary Completion and Working Poverty Rate. They are listed rather than hidden, so the evidence on the page can be checked against it.
08Method
Method, sources and how to cite
What this topic does not measure
These figures come from household surveys, which most countries run every few years rather than every year. So the subject's standing is read from each country's most recent survey of the last decade, with the year of every reading shown, rather than from one year in which only a minority of countries were surveyed. Two readings decide it — how unequally income is shared and how deep extreme poverty runs — because the other poverty and inequality measures here largely repeat one of those two or repeat average income, which already counts under Economy and Development. Countries with no survey in the last decade have no standing here. What work pays is under Work & Labour; wealth, as opposed to income, has no global source this site is permitted to republish.
How the Poverty & Inequality standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 3 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 3 keys to be placed.
The poverty & inequality method, step by stepHow every standing on this site is built
The key statistics and their licences
- Gini Index — World Bank Group, CC BY 4.0
- Poverty Gap at $3.00 a Day — World Bank Group, CC BY 4.0
- Share of Population Unable to Afford a Healthy Diet — Food and Agriculture Organization of the United Nations (FAO), CC BY 4.0
The other 11 statistics on this page come from 4 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Iceland’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Iceland (banner) — Hansueli Krapf, CC BY-SA 3.0
- Belarus — zedlik , cropped by Jjtkk, CC BY-SA 3.0
- Slovenia — Z.K. derivative work: Jjtkk, CC BY 3.0
- Ukraine — uploaded by Chern038, CC BY-SA 3.0
Cite this page
Nations Inquiry (2026). Iceland: Poverty & Inequality — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/iceland/poverty