Home/ Countries/ Iceland/ Income Distribution
🇮🇸 Updated March 2, 2026

Income Distribution in Iceland

Comprehensive analysis of income share, growth, and inequality gaps across all economic brackets, powered by real-time fiscal data.

Overview Income Distribution Top Earners

Income Share Breakdown

Bottom 50%
25.72%
share of total income
Middle 40%
46.33%
share of total income
Top 10%
27.95%
share of total income
Top 1%
7.97%
share of total income

Income Level Breakdown

Annual average income per adult (ISK)

BracketAvg. Income (ISK)Threshold (ISK)
Bottom 50%3,269,564 ISK< 4,904,346
Middle 40%14,649,185 ISK4,904,346 - 21,213,257
Top 10%35,355,428 ISK> 21,213,257
Top 1%100,763,022 ISK> 60,457,813
* Data reflects pre-tax national income. Source: World Inequality Database (2026 projection).

Growth Analysis (YoY)

+-4.69%

Average increase across all brackets (2023 to 2024)

National Avg
-4.69%
Bottom 50%
-4.69%
Top 1% Growth
-4.69%

Inequality Gap

28%
held by top 10%

The Top 10% earn 2.8x the national average salary in Iceland.

Compare Your Income

Enter your salary to see where you rank in Iceland's income distribution.

Open Salary Simulator
Type at least 2 characters to search across countries and job titles