Persons who cannot afford to spend a small amount … spend employment in Iceland
Iceland: Persons who cannot afford to spend a small amount … spend employment was 5.1 in 2020. ▼ Falling
Latest (2020)
5.1
Change on year
down 3.8%
World rank
44th
of 49 countries
All-time high
8.7
in 2014
All-time low
3.8
in 2018
Years of data
7
2014–2020
Persons who cannot afford to spend a small amount of money each week in Iceland, 2014–2020
Source: Eurostat.
Analysis
Iceland recorded 5.1 for persons who cannot afford to spend a small amount of money each week in 2020.
Compared with earlier readings it is down 3.8% on the previous year and down 41.4% over ten years.
That places Iceland 44th out of 49 countries with data for 2020, putting it in the bottom quarter.
Persons who cannot afford to spend a small amount … spend employment in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 8.7 | — |
| 2015 | 8 | -8.0% |
| 2016 | 5 | -37.5% |
| 2017 | 4.6 | -8.0% |
| 2018 | 3.8 | -17.4% |
| 2019 | 5.3 | +39.5% |
| 2020 | 5.1 | -3.8% |
Iceland compared with similar countries
- Iceland's 5.1 is below the median for Europe & Central Asia, which is 9.25, 55% of the median. (34 countries reporting)
- Iceland's 5.1 is below the median for high income countries, which is 9, 57% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.9 | 3.8 | 8.7 | 6 |
| 2020s | 5.1 | 5.1 | 5.1 | 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 persons who cannot afford to spend a small amount of money each week in Iceland?
- Persons who cannot afford to spend a small amount of money each week in Iceland was 5.1 in 2020, according to Eurostat.
- What is the highest persons who cannot afford to spend a small amount of money each week recorded in Iceland?
- The highest recorded value was 8.7 in 2014.
- What is the lowest persons who cannot afford to spend a small amount of money each week recorded in Iceland?
- The lowest recorded value was 3.8 in 2018.
- How does Iceland rank for persons who cannot afford to spend a small amount of money each week?
- Iceland ranks 44th out of 49 countries with data for 2020.
- Is persons who cannot afford to spend a small amount of money each week rising or falling in Iceland?
- Over the last ten years it is down 41.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Persons who cannot afford to spend a small amount of money each week on themselves by employment status and income quintile. Statizoid updates them automatically from the source API.
Download this data
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