Iceland Income Share of Richest 1% Before Tax 2016: 8.55 %

Iceland's income share of richest 1% before tax in 2016 is 8.55 %, up 1.1% from 2015. It ranks #74 of 76 countries.

Income share of the richest 1% before tax reveals wealth concentration across nations. High interest due to inequality debates.

Source (2016): Income share of the richest 1% (before tax)

Historical Trend

Income Share of Richest 1% Before Tax over time

Year-by-Year Data
YearValueChange% ChangeActions
20168.55 %+0.09 %+1.06%
20158.46 %0.11 %-1.28%
20148.57 %+0.14 %+1.66%
20138.43 %+2.02 %+31.51%
20126.41 %+0.51 %+8.64%
20115.9 %+0.28 %+4.98%
20105.62 %0.94 %-14.33%
20096.56 %1.03 %-13.57%
20087.59 %6.9 %-47.62%
200714.49 %+3.94 %+37.35%
200610.55 %+0.5 %+4.98%
200510.05 %+0.72 %+7.72%
20049.33 %1.74 %-15.72%
200311.07 %0.07 %-0.63%
200211.14 %+0.79 %+7.63%
200110.35 %——

Frequently Asked Questions About Iceland Income Share of Richest 1% Before Tax

What is Iceland's income share of richest 1% before tax in 2016?▾

Iceland's income share of richest 1% before tax is 8.55 % in 2016, according to Income share of the richest 1% (before tax) | World Inequality Database (WID.world) via Our World in Data.

Is Iceland's income share of richest 1% before tax increasing or decreasing?▾

Iceland's income share of richest 1% before tax rose by 1.1% from 2015 (8.46 %) to 2016 (8.55 %). Over the past decade (2006–2016) it fell by 19.0%.

How does Iceland rank for income share of richest 1% before tax?▾

In 2016, Iceland has the 74th highest income share of richest 1% before tax out of 76 countries with data.

What was Iceland's income share of richest 1% before tax in 2001?▾

In 2001, Iceland's income share of richest 1% before tax was 10.35 %. By 2016 it fell by 17.4%.

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