Impact of social transfers (excluding pensions) … household in Iceland
Iceland: Impact of social transfers (excluding pensions) … household was 60.4 in 2020. ▲ Rising
Latest (2020)
60.4
Change on year
up 19.8%
World rank
14th
of 45 countries
All-time high
60.4
in 2020
All-time low
44.8
in 2018
Years of data
6
2015–2020
Impact of social transfers (excluding pensions) on poverty reduction in Iceland, 2015–2020
Source: Eurostat.
Analysis
The most recent figure for impact of social transfers (excluding pensions) on poverty reduction in Iceland is 60.4, measured in 2020. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 19.8% on the previous year and up 22.0% over ten years.
That places Iceland 14th out of 45 countries with data for 2020, putting it in the middle of the range.
Impact of social transfers (excluding pensions) … household in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 49.5 | — |
| 2016 | 56.2 | +13.5% |
| 2017 | 52.9 | -5.9% |
| 2018 | 44.8 | -15.3% |
| 2019 | 50.4 | +12.5% |
| 2020 | 60.4 | +19.8% |
Iceland compared with similar countries
- Iceland's 60.4 is above the median for Europe & Central Asia, which is 50.2, 1.2× the median. (33 countries reporting)
- Iceland's 60.4 is above the median for high income countries, which is 52.15, 1.2× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 50.76 | 44.8 | 56.2 | 5 |
| 2020s | 60.4 | 60.4 | 60.4 | 1 |
Countries ranked near Iceland
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is impact of social transfers (excluding pensions) on poverty reduction in Iceland?
- Impact of social transfers (excluding pensions) on poverty reduction in Iceland was 60.4 in 2020, according to Eurostat.
- What is the highest impact of social transfers (excluding pensions) on poverty reduction recorded in Iceland?
- The highest recorded value was 60.4 in 2020.
- What is the lowest impact of social transfers (excluding pensions) on poverty reduction recorded in Iceland?
- The lowest recorded value was 44.8 in 2018.
- How does Iceland rank for impact of social transfers (excluding pensions) on poverty reduction?
- Iceland ranks 14th out of 45 countries with data for 2020.
- Is impact of social transfers (excluding pensions) on poverty reduction rising or falling in Iceland?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Impact of social transfers (excluding pensions) on poverty reduction by age, sex, household composition and household work intensity. Statizoid updates them automatically from the source API.
Download this data
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