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IP01031 Income and taxes by percentile intervals, age, sex and region (2009-2021)

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Høgni P. Vilhelm
persons and DKK
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Concerning the quantile intervals in these tables
Quantile (per mille and percentile) intervals of gross income, disposable income, taxes and equivalent income are calculated having only whole numbers of persons in each interval, but not always the same number in each interval. The value in the interval is the arithmetic mean of the total amounts in the interval. The intervals are ordered ascending by the mean in each interval. The first quantile interval has the lowest mean and the last quantile has the highest mean. Example: The per mille intervals in the vector disposable income in 2009
36,294 persons are to be distributed evenly in 1000 intervals such that all intervals contain a whole number of persons. This is accomplished by having 37 persons in the first 294 intervals and 36 persons in the last 706 intervals. This ensures that the averages will be ascending across interval 294 and 295 just as across intervals containing the same number of persons.
Take note that when the total income is multiplied for several quantile intervals simultanously there is a break in the incremental growth where the number of persons changes. This is not a problem, on the contrary. This approach guarantees that subsequent calculations of ratios and sums will be correct according to the actual amounts the intervals are calculated from. The distribution of averages in each interval aggrees so well with the distribution of (standard) quantiles that there is almost no visible difference between these methods. A standard quantile distribution would not allow the precise calculations possible by using interval means. The series disposable income and taxes are evaluated separately. There is no exact correspondance between disposable income and the difference between gross income and taxes due to the fact that a (small) number of persons are not the same per mille interval for a certain year. A person with a high gross income can for example have an extraordinary high (or promoted) taxdeduction resulting in almost no taxes.


Income includes all received money during the year potentially available for consumption.
The income can derive from different sources:
 • Earnings for work or business income
 • Public grants and benefits, such as pension, maintenance allowance and student grants
 • Capital gains, such as received interests and stock profits

percentile intervals

The amount shown is mean for the whole percentile.



Population: Persons 15 years and older


Gross income

Gross income is the total income before subtraction of taxes

Net income

Net income is income after subtraction of taxes


Taxes and other statutory duties


Suðurstreymoyar region

Includes Hestur, Koltur and Nólsoy

Vága region

Includes Mykines

Sandoyar region

Includes Skúgvoy and St. Dímun