Average annual income in Iceland 2013-2018, by broad group of country of birth

Average annual income of foreigners in Iceland from 2013 to 2018, by broad group of country of birth

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Release date

October 2021

Region

Iceland

Survey time period

2013 to 2018

Age group

18 years and older

Special properties

EU28 countries

Supplementary notes

Numbers have been rounded.

The total disposable income of a household is calculated by adding together the personal income received by all of household members plus income received at household level. Missing income information is imputed.

Disposable household income includes:
- all income from work (employee wages and self-employment earnings)
- private income from investment and property
- transfers between households
- all social transfers received in cash including old-age pensions

To take into account the impact of differences in household size and composition, the total disposable household income is "equivalised".

A 'private household' means "a person living alone or a group of people who live together in the same private dwelling and share expenditures, including the joint provision of the essentials of living".

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