Poverty and living standards in Southern Peninsula, Iceland: official figures
Taxpayers aged 16 and over living in the Southern Peninsula (Suðurnes) had an average total income of ISK 9.43 million in 2025, 89% of the national average of ISK 10.54 million and 2nd lowest of 8 regions.
What is the disposable income in Southern Peninsula?
Average disposable income after tax in the Southern Peninsula (Suðurnes) was ISK 7.04 million per taxpayer in 2025, the lowest of 8 regions (Iceland: ISK 7.82 million).
Source: Statistics Iceland (Hagstofa Islands) · saved copyWhat is the gender income gap in Southern Peninsula?
Women in the Southern Peninsula (Suðurnes) had an average total income 19% lower than men in 2025 (ISK 8.39 million against ISK 10.38 million), 3rd narrowest gap of 8 regions.
Source: Statistics Iceland (Hagstofa Islands) · saved copyMore figures
- Average disposable income in the Southern Peninsula (Suðurnes) rose by 86% in nominal terms between 2015 and 2025, against 94% nationally. Source: Statistics Iceland (Hagstofa Islands) · saved copy
- Income taxes took 22.5% of total income for taxpayers in the Southern Peninsula (Suðurnes) in 2025, an average of ISK 2.12 million each (national rate 23.1%). Source: Statistics Iceland (Hagstofa Islands) · saved copy
How Southern Peninsula compares with other regions
Mean total income per taxpayer (thousand ISK) (2025)
Southern Peninsula ranks 7 of 8, highest first.
| Rank | Region | Mean total income per taxpayer (thousand ISK) |
|---|---|---|
| 2 | Eastern Region | 10,284 |
| 3 | Northeastern Region | 10,161 |
| 4 | Western Region | 10,067 |
| 5 | Westfjords | 9,879 |
| 6 | Southern Region | 9,799 |
| 7 | Southern Peninsula | 9,435 |
| 8 | Northwestern Region | 9,420 |
Mean disposable income per taxpayer (thousand ISK) (2025)
Southern Peninsula ranks 8 of 8, highest first.
| Rank | Region | Mean disposable income per taxpayer (thousand ISK) |
|---|---|---|
| 2 | Northeastern Region | 7,659 |
| 3 | Eastern Region | 7,579 |
| 4 | Western Region | 7,515 |
| 5 | Southern Region | 7,344 |
| 6 | Westfjords | 7,295 |
| 7 | Northwestern Region | 7,112 |
| 8 | Southern Peninsula | 7,039 |
Gap between women's and men's mean total income (%) (2025)
Southern Peninsula ranks 6 of 8, highest first.
| Rank | Region | Gap between women's and men's mean total income (%) |
|---|---|---|
| 2 | Western Region | 22.0% |
| 3 | Westfjords | 21.5% |
| 4 | Northeastern Region | 21.4% |
| 5 | Southern Region | 19.8% |
| 6 | Southern Peninsula | 19.2% |
| 7 | Northwestern Region | 17.8% |
| 8 | Capital Region | 16.0% |
More on Southern Peninsula: overview · economy and jobs · education and schools · Iceland
Sources
- Statistics Iceland (Hagstofa Islands): Income by municipalities and sex 1990-2025, from individual tax returns, thousand ISK (table TEK01002; 2015-2025 saved), read 24 October 2026 · saved copy (SHA-256 03d347ed3a53…)
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