IS · ISK · 2024

Iceland income percentile calculator

Compare annual pre-tax income with the Iceland distribution. The top 10% threshold is ISK 22,058,367; the top 1% threshold is ISK 51,499,969. These are estimates using the income definition below.

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CountryIceland
Annual pre-tax incomeISK
Data sourceWID.world · 2024

Iceland income thresholds

Selected published WID thresholds. Amounts are annual pre-tax national income, not take-home salary. Monthly equivalents divide the annual amount by 12.

Iceland income thresholds
Approximate rankAnnual income (ISK)Monthly equivalent
Top 50%ISK 11,674,865ISK 972,905
Top 25%ISK 16,327,753ISK 1,360,646
Top 10%ISK 22,058,367ISK 1,838,197
Top 5%ISK 28,355,126ISK 2,362,927
Top 1%ISK 51,499,969ISK 4,291,664
Top 0.1%ISK 153,849,576ISK 12,820,798

Income data: 2024 · PPP: 2024 · World: 2024

How is it calculated?

Annual pre-tax national income for equal-split adults aged 20+. This WID concept is broader than salary. Country rank uses local thresholds; worldwide rank uses WID purchasing-power conversion. We use logarithmic interpolation between points and extrapolation outside them.

This estimate is outside the published threshold range; it uses extrapolation and is more uncertain.

Amounts use each country's own currency and data year. This is a rank comparison, not an exchange-rate, cost-of-living or relocation estimate.

Income tiers

The tier names are a RankMyIncome display system, not official WID classifications.

Diamond: Top 10% · Master: Top 5% · Grandmaster: Top 1% · Challenger: Top 0.1%

Data source: WID.world · Methodology (English)

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Income benchmarks

Median income

ISK 11,674,865

2024 · Published threshold

Worldwide rank of the country median

Top 8.54%

USD PPP 76,543.51 · 2024

Top 1% threshold / median

4.41×

2024

Income distribution explorer

Published in the imported WID series. Annual pre-tax national income, not net salary.

p10

ISK 2,521,083

Published threshold

p25

ISK 8,207,296

Published threshold

p50

ISK 11,674,865

Published threshold

p75

ISK 16,327,753

Published threshold

p90

ISK 22,058,367

Published threshold

p95

ISK 28,355,126

Published threshold

p99

ISK 51,499,969

Published threshold

p99.9

ISK 153,849,576

Published threshold

Common questions

What is the median income in Iceland?

ISK 11,674,865 · 2024. Published in the imported WID series. Annual pre-tax national income, not net salary.

What is the top 10% income in Iceland?

ISK 22,058,367 · 2024. Published in the imported WID series. Annual pre-tax national income, not net salary.

Is this a salary percentile?

WID pre-tax national income is broader than salary. These are adult income ranks, not employee salary percentiles.

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