Financial burden of the total housing cost in Iceland
Iceland: Financial burden of the total housing cost was 15.0% in 2020. ▲ Rising
Financial burden of the total housing cost in Iceland, 2004–2020
Source: Eurostat. Measured in Percentage.
Analysis
Iceland recorded 15.0% for financial burden of the total housing cost in 2020.
Compared with earlier readings it is down 15.7% on the previous year and down 53.0% over ten years.
Over the whole period, financial burden of the total housing cost in Iceland peaked at 33.9% in 2011 and was at its lowest, 9.7%, in 2007.
Iceland ranks 40th of 49 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Financial burden of the total housing cost in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 2004 | 12.7% | — |
| 2005 | 10.8% | -15.0% |
| 2006 | 9.8% | -9.3% |
| 2007 | 9.7% | -1.0% |
| 2008 | 11.5% | +18.6% |
| 2009 | 15.2% | +32.2% |
| 2010 | 31.9% | +109.9% |
| 2011 | 33.9% | +6.3% |
| 2012 | 29.3% | -13.6% |
| 2013 | 27.8% | -5.1% |
| 2014 | 26.6% | -4.3% |
| 2015 | 24.8% | -6.8% |
| 2016 | 19.7% | -20.6% |
| 2017 | 16.2% | -17.8% |
| 2018 | 14.2% | -12.3% |
| 2019 | 17.8% | +25.4% |
| 2020 | 15.0% | -15.7% |
Iceland compared with similar countries
- Iceland's 15.0% is below the median for Europe & Central Asia, which is 26.1%, 57% of the median. (34 countries reporting)
- Iceland's 15.0% is below the median for high income countries, which is 25.2%, 60% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Financial burden of the total housing cost in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +109.9% | 15.2% | 31.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.6% | 9.7% | 15.2% | 6 |
| 2010s | 24.2% | 14.2% | 33.9% | 10 |
| 2020s | 15.0% | 15.0% | 15.0% | 1 |
Countries ranked near Iceland
More urban development data for Iceland
- Population density 3.83 people per sq. km of land area (2024)
- PM2.5 air pollution, mean annual exposure 4.93 micrograms per cubic meter (2023)
- Crude steelmaking capacity 0 Tonnes (2025)
- Africa's Development Dynamics (AfDD) Table 23 - Ecological 3.16 Hectares (2020)
- Establishments, bedrooms and bed-places in tourist accommodation, by 1,124 Number (2020)
- PM2.5 air pollution, population exposed to levels exceeding WHO 10.3% (2017)
- Nights spent at tourist accommodation establishments by degree of 9.85 million Number (2025)
- Expenditure on housing function by type of benefit and means-testing 129.35 Million euro (2024)
- Housing cost overburden rate by age, sex and poverty status 13.1% (2020)
- Average number of rooms per person by tenure status and dwelling type 1.5 Average (2020)
Frequently asked questions
- What is financial burden of the total housing cost in Iceland?
- Financial burden of the total housing cost in Iceland was 15.0% in 2020, according to Eurostat.
- What is the highest financial burden of the total housing cost recorded in Iceland?
- The highest recorded value was 33.9% in 2011.
- What is the lowest financial burden of the total housing cost recorded in Iceland?
- The lowest recorded value was 9.7% in 2007.
- How does Iceland rank for financial burden of the total housing cost?
- Iceland ranks 40th out of 49 countries with data for 2020.
- Is financial burden of the total housing cost rising or falling in Iceland?
- Over the last ten years it is down 53.0%. 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 Financial burden of the total housing cost. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).