New data from Statistics Iceland shows that there were around 51,000 Icelandic pensioners as of December 2020—an increase of 3.9% from what this number was a year ago. Just under 2,000 Icelandic pensioners live abroad now, which represents 4% of the total number of pensioners. The number of pensioners living abroad has increased by 45% since 2017.
Around 24,000 of the recorded pensioners are men and 27,000 are women. About a quarter of the individuals on pensions were under 70 years of age; almost half were 75 or older.
The number of pensioners on disability has increased by 0.3% between this year and last, almost 20,000 people total. This is a lower relative increase than has been seen in previous years. Close to 12,000 pensioners on disability are women and around 8,000 are men.
The number of individuals receiving rehabilitation pensions increased by a quarter, just around 3,000 at the end of last year. Rehabilitation pensions differ from disability pensions in that they are temporary.
See the full report, in English, here.