Decile ratios of gross earnings — Interdecile ratio of gross earnings in Iceland
Iceland: Decile ratios of gross earnings — Interdecile ratio of gross earnings was 1.49 Factor of decile 1 in 2022. ▼ Falling
Decile ratios of gross earnings — Interdecile ratio of gross earnings in Iceland, 2002–2022
Source: Organisation for Economic Co-operation and Development. Measured in Factor of decile 1.
Analysis
Iceland recorded 1.49 Factor of decile 1 for decile ratios of gross earnings — interdecile ratio of gross earnings in 2022. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 3.9% over ten years.
Over the whole period, decile ratios of gross earnings — interdecile ratio of gross earnings in Iceland peaked at 1.62 Factor of decile 1 in 2006 and was at its lowest, 1.49 Factor of decile 1, in 2022.
That places Iceland 26th out of 38 countries with data for 2022, putting it in the middle of the range.
Decile ratios of gross earnings — Interdecile ratio of gross earnings in Iceland, year by year
| Year | Factor of decile 1 | Change |
|---|---|---|
| 2002 | 1.62 Factor of decile 1 | — |
| 2006 | 1.62 Factor of decile 1 | +0.5% |
| 2010 | 1.55 Factor of decile 1 | -4.8% |
| 2014 | 1.57 Factor of decile 1 | +1.8% |
| 2018 | 1.57 Factor of decile 1 | -0.1% |
| 2022 | 1.49 Factor of decile 1 | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.62 Factor of decile 1 | 1.62 Factor of decile 1 | 1.62 Factor of decile 1 | 2 |
| 2010s | 1.56 Factor of decile 1 | 1.55 Factor of decile 1 | 1.57 Factor of decile 1 | 3 |
| 2020s | 1.49 Factor of decile 1 | 1.49 Factor of decile 1 | 1.49 Factor of decile 1 | 1 |
Countries ranked near Iceland
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is decile ratios of gross earnings — interdecile ratio of gross earnings in Iceland?
- Decile ratios of gross earnings — interdecile ratio of gross earnings in Iceland was 1.49 Factor of decile 1 in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest decile ratios of gross earnings — interdecile ratio of gross earnings recorded in Iceland?
- The highest recorded value was 1.62 Factor of decile 1 in 2006.
- What is the lowest decile ratios of gross earnings — interdecile ratio of gross earnings recorded in Iceland?
- The lowest recorded value was 1.49 Factor of decile 1 in 2022.
- How does Iceland rank for decile ratios of gross earnings — interdecile ratio of gross earnings?
- Iceland ranks 26th out of 38 countries with data for 2022.
- Is decile ratios of gross earnings — interdecile ratio of gross earnings rising or falling in Iceland?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Decile ratios of gross earnings — Interdecile ratio of gross earnings. Statizoid updates them automatically from the source API.
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About this data
This dataset contains three earnings-dispersion measures - ratio of 9th-to-1st, 9th-to-5th and 5th-to-1st - where 9th, 5th (median) and 1st deciles are upper-earnings decile limits, unless otherwise indicated, of gross earnings of full-time dependent employees.