Population by income level in Iceland
Iceland: Population by income level was 392,404 in 2025. ▲ Rising
Latest (2025)
392,404
Change on year
up 1.5%
World rank
175th
of 215 countries
All-time high
392,404
in 2025
All-time low
175,574
in 1960
Years of data
66
1960–2025
Population by income level in Iceland, 1960–2025
Source: United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
Analysis
In 2025, population by income level in Iceland stood at 392,404. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 18.6% over ten years.
Over the whole period, population by income level in Iceland peaked at 392,404 in 2025 and was at its lowest, 175,574, in 1960.
That places Iceland 175th out of 215 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Population by income level in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 175,574 | — |
| 1961 | 179,029 | +2.0% |
| 1962 | 182,378 | +1.9% |
| 1963 | 185,653 | +1.8% |
| 1964 | 188,983 | +1.8% |
| 1965 | 192,286 | +1.7% |
| 1966 | 195,570 | +1.7% |
| 1967 | 198,751 | +1.6% |
| 1968 | 201,488 | +1.4% |
| 1969 | 203,369 | +0.9% |
| 1970 | 204,438 | +0.5% |
| 1971 | 206,098 | +0.8% |
| 1972 | 209,137 | +1.5% |
| 1973 | 212,317 | +1.5% |
| 1974 | 215,209 | +1.4% |
| 1975 | 217,979 | +1.3% |
| 1976 | 220,154 | +1.0% |
| 1977 | 221,799 | +0.7% |
| 1978 | 223,537 | +0.8% |
| 1979 | 225,735 | +1.0% |
| 1980 | 228,138 | +1.1% |
| 1981 | 230,755 | +1.1% |
| 1982 | 233,860 | +1.3% |
| 1983 | 236,977 | +1.3% |
| 1984 | 239,511 | +1.1% |
| 1985 | 241,405 | +0.8% |
| 1986 | 243,180 | +0.7% |
| 1987 | 245,859 | +1.1% |
| 1988 | 249,740 | +1.6% |
| 1989 | 252,852 | +1.2% |
| 1990 | 254,826 | +0.8% |
| 1991 | 257,797 | +1.2% |
| 1992 | 261,057 | +1.3% |
| 1993 | 263,725 | +1.0% |
| 1994 | 266,021 | +0.9% |
| 1995 | 267,468 | +0.5% |
| 1996 | 268,916 | +0.5% |
| 1997 | 271,128 | +0.8% |
| 1998 | 274,047 | +1.1% |
| 1999 | 277,381 | +1.2% |
| 2000 | 281,205 | +1.4% |
| 2001 | 284,968 | +1.3% |
| 2002 | 287,523 | +0.9% |
| 2003 | 289,521 | +0.7% |
| 2004 | 292,074 | +0.9% |
| 2005 | 296,734 | +1.6% |
| 2006 | 303,782 | +2.4% |
| 2007 | 311,566 | +2.6% |
| 2008 | 317,414 | +1.9% |
| 2009 | 318,499 | +0.3% |
| 2010 | 318,041 | -0.1% |
| 2011 | 319,014 | +0.3% |
| 2012 | 320,716 | +0.5% |
| 2013 | 323,764 | +1.0% |
| 2014 | 327,386 | +1.1% |
| 2015 | 330,815 | +1.0% |
| 2016 | 335,439 | +1.4% |
| 2017 | 343,400 | +2.4% |
| 2018 | 352,721 | +2.7% |
| 2019 | 360,563 | +2.2% |
| 2020 | 366,463 | +1.6% |
| 2021 | 372,520 | +1.7% |
| 2022 | 382,003 | +2.5% |
| 2023 | 385,663 | +1.0% |
| 2024 | 386,506 | +0.2% |
| 2025 | 392,404 | +1.5% |
Iceland compared with similar countries
- Iceland's 392,404 is below the median for high income countries, which is 2.97 million, 13% of the median. (85 countries reporting)
- Iceland's 392,404 is below the median for Europe & Central Asia, which is 6.22 million, 6% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 190,308 | 175,574 | 203,369 | 10 |
| 1970s | 215,640 | 204,438 | 225,735 | 10 |
| 1980s | 240,228 | 228,138 | 252,852 | 10 |
| 1990s | 266,237 | 254,826 | 277,381 | 10 |
| 2000s | 298,329 | 281,205 | 318,499 | 10 |
| 2010s | 333,186 | 318,041 | 360,563 | 10 |
| 2020s | 380,926 | 366,463 | 392,404 | 6 |
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)
- World population growth -0.5% (2100)
- Population density 3.6 people per km² (2100)
- Number of children under 5, by world region 13,661 people (2100)
Frequently asked questions
- What is population by income level in Iceland?
- Population by income level in Iceland was 392,404 in 2025, according to United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
- What is the highest population by income level recorded in Iceland?
- The highest recorded value was 392,404 in 2025.
- What is the lowest population by income level recorded in Iceland?
- The lowest recorded value was 175,574 in 1960.
- How does Iceland rank for population by income level?
- Iceland ranks 175th out of 215 countries with data for 2025.
- Is population by income level rising or falling in Iceland?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as part of Population by income level. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total population, differentiated by World Bank income level.