Which has higher gini index of monthly earnings of employees, Armenia or Iceland?

Iceland, at 0.312 against 0.309 in Armenia as of 2020.

How many years of comparable data are there for Armenia and Iceland?

11 years are reported by both, from 2007 to 2020.

Where does this data come from?

International Labour Organization, published as Gini index of monthly earnings of employees (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Armenia vs Iceland: Gini index of monthly earnings of employees

Armenia

0.309

in 2023

Iceland

0.312

in 2020

Armenia rank

64th

Iceland rank

62nd

Gini index of monthly earnings of employees over time

Armenia
Iceland

How they compare

Iceland currently reports 0.312 against 0.309 in Armenia, a difference of 0.003.

Across all 11 years both countries report, Iceland has been ahead every year.

Armenia ranks 64th and Iceland ranks 62nd of 93 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade	Armenia	Iceland	Difference	Ahead
2000s	0.331	0.342	0.011	Iceland
2010s	0.2986	0.3178	0.0192	Iceland
2020s	0.295	0.312	0.017	Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gini index of monthly earnings of employees, Armenia or Iceland?: Iceland, at 0.312 against 0.309 in Armenia as of 2020.
What is the difference in gini index of monthly earnings of employees between Armenia and Iceland?: 0.003, with Iceland ahead.
How many years of comparable data are there for Armenia and Iceland?: 11 years are reported by both, from 2007 to 2020.
How do Armenia and Iceland rank globally for gini index of monthly earnings of employees?: Armenia ranks 64th and Iceland ranks 62nd of 93 countries.
Where does this data come from?: International Labour Organization, published as Gini index of monthly earnings of employees (15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iceland: Gini index of monthly earnings of employees. Statizoid, drawing on International Labour Organization. Retrieved 15 September 2026, from https://labour.statizoid.com/compare/gini-index-of-monthly-earnings-of-employees-15/armenia/iceland/

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About this data

Indicator: Gini index of monthly earnings of employees (15+)
Source: International Labour Organization
Licence: ILO Terms of Use (attribution required)
Coverage: 93 places, 1,587 data points, 1989–2026
Last refreshed: 22 August 2026

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The Gini index measures the degree of inequality in the distribution of earnings among employees. It ranges from 0 to 1, where 0 indicates perfect equality (all employees have the same earnings) and higher values indicate greater inequality. The index is calculated from the distribution of employees earnings. For more information, refer to the Wages and Working Time Statistics (COND) database description.