Impact of social transfers (excluding pensions) on poverty reduction in Iceland
Iceland: Impact of social transfers (excluding pensions) on poverty reduction was 70.9% in 2020. ▲ Rising
Latest (2020)
70.9%
Change on year
up 19.8%
World rank
1st
of 43 countries
All-time high
70.9%
in 2020
All-time low
55.8%
in 2017
Years of data
6
2015–2020
Impact of social transfers (excluding pensions) on poverty reduction in Iceland, 2015–2020
Source: Eurostat. Measured in Percentage.
Analysis
Iceland recorded 70.9% for impact of social transfers (excluding pensions) on poverty reduction in 2020. That is the highest value across all 6 years on record.
The figure is up 19.8% on the previous year and up 13.8% over ten years.
Iceland ranks 1st of 43 countries on this measure, in the top 10%.
Impact of social transfers (excluding pensions) on poverty reduction in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2015 | 62.3% | — |
| 2016 | 66.1% | +6.1% |
| 2017 | 55.8% | -15.6% |
| 2018 | 62.8% | +12.5% |
| 2019 | 59.2% | -5.7% |
| 2020 | 70.9% | +19.8% |
Iceland compared with similar countries
- Iceland's 70.9% is above the median for Europe & Central Asia, which is 32.7%, 2.2× the median. (33 countries reporting)
- Iceland's 70.9% is above the median for high income countries, which is 33.6%, 2.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 61.2% | 55.8% | 66.1% | 5 |
| 2020s | 70.9% | 70.9% | 70.9% | 1 |
Countries ranked near Iceland
More education data for Iceland
- Repeaters in primary education, all grades, both sexes (number), gaps 0 (2023)
- Enrolment in pre-primary education, male (number), gaps filled 6,661 (2023)
- Enrolment in pre-primary education, female (number), gaps filled 6,167 (2023)
- Secondary education, pupils, gaps filled 37,056 (2023)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 32,314 (2023)
- Primary education, pupils, annual growth rate -1.17 % change on previous year (2023)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2023)
- Primary education, pupils, per capita 0.0838 units per person (2023)
- Secondary education, duration (years), annual growth rate 0 % change on previous year (2025)
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 70.9% 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 70.9% in 2020.
- What is the lowest impact of social transfers (excluding pensions) on poverty reduction recorded in Iceland?
- The lowest recorded value was 55.8% in 2017.
- How does Iceland rank for impact of social transfers (excluding pensions) on poverty reduction?
- Iceland ranks 1st out of 43 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 13.8%. 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 and educational attainment level. Statizoid updates them automatically from the source API.
Download this data
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