Labour income distribution (ILO modelled estimates) (Decile 1), per in Iceland

Iceland: Labour income distribution (ILO modelled estimates) (Decile 1), per was 0 units per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0 units per US$ of GDP
Change on year
down 13.8%
World rank
37th
of 185 countries
All-time high
0 units per US$ of GDP
in 2009
All-time low
0 units per US$ of GDP
in 2025
Years of data
22
2004–2025

Labour income distribution (ILO modelled estimates) (Decile 1), per in Iceland, 2004–2025

00002004201420252004: 0 units per US$ of GDP2005: 0 units per US$ of GDP2006: 0 units per US$ of GDP2007: 0 units per US$ of GDP2008: 0 units per US$ of GDP2009: 0 units per US$ of GDP2010: 0 units per US$ of GDP2011: 0 units per US$ of GDP2012: 0 units per US$ of GDP2013: 0 units per US$ of GDP2014: 0 units per US$ of GDP2015: 0 units per US$ of GDP2016: 0 units per US$ of GDP2017: 0 units per US$ of GDP2018: 0 units per US$ of GDP2019: 0 units per US$ of GDP2020: 0 units per US$ of GDP2021: 0 units per US$ of GDP2022: 0 units per US$ of GDP2023: 0 units per US$ of GDP2024: 0 units per US$ of GDP2025: 0 units per US$ of GDP

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

The most recent figure for labour income distribution (ilo modelled estimates) (decile 1), per in Iceland is 0 units per US$ of GDP, measured in 2025. That is the lowest value across all 22 years on record.

The figure is down 13.8% on the previous year and down 54.5% over ten years.

Over the whole period, labour income distribution (ilo modelled estimates) (decile 1), per in Iceland peaked at 0 units per US$ of GDP in 2009 and was at its lowest, 0 units per US$ of GDP, in 2025.

Iceland ranks 37th of 185 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Labour income distribution (ILO modelled estimates) (Decile 1), per in Iceland, year by year

Annual values for Labour income distribution (ILO modelled estimates) (Decile 1), per unit of GDP in Iceland, 2004 to 2025.
Year units per US$ of GDP Change
2004 0 units per US$ of GDP
2005 0 units per US$ of GDP -14.9%
2006 0 units per US$ of GDP +16.3%
2007 0 units per US$ of GDP -23.6%
2008 0 units per US$ of GDP +22.4%
2009 0 units per US$ of GDP +61.3%
2010 0 units per US$ of GDP -13.0%
2011 0 units per US$ of GDP -15.2%
2012 0 units per US$ of GDP -3.6%
2013 0 units per US$ of GDP +0.5%
2014 0 units per US$ of GDP +12.3%
2015 0 units per US$ of GDP +9.4%
2016 0 units per US$ of GDP -15.2%
2017 0 units per US$ of GDP -15.0%
2018 0 units per US$ of GDP -2.2%
2019 0 units per US$ of GDP -0.9%
2020 0 units per US$ of GDP +14.3%
2021 0 units per US$ of GDP -13.8%
2022 0 units per US$ of GDP -13.0%
2023 0 units per US$ of GDP -7.9%
2024 0 units per US$ of GDP -4.3%
2025 0 units per US$ of GDP -13.8%

Iceland compared with similar countries

  • Iceland's 0 units per US$ of GDP is above the median for high income countries, which is 0 units per US$ of GDP, 8.8× the median. (62 countries reporting)
  • Iceland's 0 units per US$ of GDP is above the median for Europe & Central Asia, which is 0 units per US$ of GDP, 5.4× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 6
2010s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2020s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 6

Countries ranked near Iceland

  1. 34 Lebanon 0 units per US$ of GDP compare
  2. 35 Maldives 0 units per US$ of GDP compare
  3. 36 Eswatini 0 units per US$ of GDP compare
  4. 38 Guyana 0 units per US$ of GDP compare
  5. 39 Congo 0 units per US$ of GDP compare
  6. 40 Cyprus 0 units per US$ of GDP compare

See the full ranking of 188 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labour income distribution (ilo modelled estimates) (decile 1), per in Iceland?
Labour income distribution (ilo modelled estimates) (decile 1), per in Iceland was 0 units per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest labour income distribution (ilo modelled estimates) (decile 1), per recorded in Iceland?
The highest recorded value was 0 units per US$ of GDP in 2009.
What is the lowest labour income distribution (ilo modelled estimates) (decile 1), per recorded in Iceland?
The lowest recorded value was 0 units per US$ of GDP in 2025.
How does Iceland rank for labour income distribution (ilo modelled estimates) (decile 1), per?
Iceland ranks 37th out of 185 countries with data for 2025.
Is labour income distribution (ilo modelled estimates) (decile 1), per rising or falling in Iceland?
Over the last ten years it is down 54.5%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Labour income distribution (ILO modelled estimates) (Decile 1), per unit of GDP. Statizoid updates them automatically from the source API.

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Labour income distribution (ILO modelled estimates) (Decile 1), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://labour.statizoid.com/stat/labour-income-distribution-ilo-modelled-estimates-decile-1-per-unit-of-gdp/iceland/

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How this figure is calculated

Labour income distribution (ILO modelled estimates) (Decile 1) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Labour income distribution (ILO modelled estimates) (Decile 1) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Labour income distribution (ILO modelled estimates) (Decile 1), per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 4,067 data points, 2004–2025
Last refreshed

Labour income distribution (ILO modelled estimates) (Decile 1) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.