Statistics Iceland
Statistical Database
Íslenska
Statistical database
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Households in financial difficulties by type 2004-2021

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3/15/2022
Proportion/estimated number
VIN07221
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Mandatory

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Mandatory
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Mandatory

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Mandatory

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The results come from the EU-SILC. In 2010 a new question that measures housing cost burden was added to the survey in accordance with Eurostat regulations. In the new question all factors of the housing cost were read out to the respondents but the older question is more general with no reading out of the different factors. In the years 2010 and 2011 all respondents received both questions so the effect of the new question could be evaluated. The result is that there is a great difference between the answers given to the two questions. Much more people claim housing cost to be a heavy burden when all the factors are read out . In the year 2011 31.6% claimed housing cost to be a heavy burden when all factors were read out but 19.2% claimed housing cost to be a heavy burden when asked the shorter question. 'Difficult to make ends meet' is based on a question on whether the household is able to make ends meet. Here those that responded 'with some difficulty', 'with difficulty' and 'with great difficulty' have been combined into one. The definition of children in the household is everyone who is under 18 of age or are aged between 18 and 24, not working and living with at least one parent. Adults in the household are those who do not fall under the definition of children. The amount used in the question about unexpected expenses is updated yearly and was 180,000 ISK in 2021.
Estimates for 2019-2021 are preliminary.
There is a break in the series between 2016 og 2017 due to re-evaluation of the weights. Therefore, it's is not advised to compare counts before and after 2017.