Iceland Wages: Minimum and Average
Iceland Wages Data
| Indicator | Data | Period |
|---|---|---|
| Wages | 731000 ISK/Month | 5688.495 USD/Month | 2020 |
| Wage Growth | 1.5 % | Jan/22 |
Latest data on Wages (ISK/Month)
What is average wage in Iceland?
- Average Wages in Iceland increased to 731000 ISK/Month (5688.495 USD/Month) in 2020. The maximum rate of average wage for employees was 695000 ISK/Month and minimum was 380000 ISK/Month.
- Data published Yearly by Statistics.
Historical Data (ISK/Month) by years
Data
Period
Date
| 731000 | 2020 | 10.08.2021 |
| 695000 | 2019 | 15.03.2021 |
| 669000 | 2018 | 18.11.2019 |
| 652000 | 2017 | 25.02.2019 |
| 615000 | 2016 | 21.06.2018 |
Historical Chart by presidents (ISK/Month)
Wages in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Gudni Thorlacius Johannesson | 01.08.2016 - | 615000.0000 | 615000.0000 | 615000.0000 | 615000.0000 | 0.00% |
Latest data on Wage Growth (%)
What is the growth rate of wages in Iceland?
- Wage Growth in Iceland increased by 1.5 % in January 2022 over the same month in the previous year. The maximum growth was 11.6 % and minimum was -9.4 %
- Data published Monthly by Statistics.
Historical Data (%) by years
Data
Period
Date
| 1.5 | Jan/22 | 09.03.2022 |
| 3.3 | Sep/21 | 18.01.2022 |
| 3.4 | Jul/21 | 26.08.2021 |
| 6 | Mar/21 | 27.04.2021 |
| 3.5 | Dec/20 | 17.02.2021 |
| 3.1 | Sep/20 | 17.11.2020 |
| 4 | Jun/20 | 22.07.2020 |
| 2.8 | Mar/20 | 29.04.2020 |
Historical Chart by YoY presidents (%)
Wage Growth in Iceland by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other labor indicators in Iceland
| Index | Updated | Actual | Previous |
| Retirement Age Men | 2021 | 67 | 67 |
| Unemployment Rate | Apr/22 | 2.5 % | 4.5 |
| Job Vacancies | Apr/22 | 0.76 K | 0.678 |
| Labor Force Participation Rate | Apr/22 | 78.3 % | 80 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2020 | 3141.322 USD/Month | 3059.645 |
| Ireland | 4Q/21 | 3712.685 USD/Month | 3592.506 |
| Luxembourg | 2020 | 5865.688 USD/Month | 5892.516 |
| Spain | 4Q/21 | 2327.781 USD/Month | 2097.797 |
| Iceland | 2020 | 5688.495 USD/Month | 5408.35 |
| Norway | 1Q/22 | 5515.506 USD/Month | 5324.187 |
| Belarus | Mar/22 | 630.308 USD/Month | 614.58 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Mar/22 | 915.382 USD/Month | 847.881 |
| Croatia | Mar/22 | 1082.805 USD/Month | 1060.742 |
| Cyprus | 4Q/21 | 2513.016 USD/Month | 2090.065 |
| Czech Republic | 4Q/21 | 1744.495 USD/Month | 1629.919 |
| Denmark | 2020 | 6288.784 USD/Month | 6146.635 |
| Estonia | 4Q/21 | 1744.442 USD/Month | 1667.15 |
| Euro Area | 3Q/21 | 2107.263 USD/Month | 2039.633 |
| Finland | 3Q/21 | 3963.33 USD/Month | 3947.227 |
| France | 2019 | 3416.959 USD/Month | 3367.578 |
| Germany | 4Q/21 | 4474.359 USD/Month | 4433.566 |
| Hungary | Feb/22 | 1434.793 USD/Month | 1238.576 |
| Italy | 2020 | 2504.482 USD/Month | 2685.904 |
| Latvia | Dec/21 | 1127.166 USD/Month | 1020.89 |
| Lithuania | 4Q/21 | 1802.392 USD/Month | 1715.439 |
| Macedonia | Mar/22 | 808.553 USD/Month | 775.483 |
| Malta | 4Q/21 | 136.96 USD/Month | 146.263 |
| Moldova | 4Q/21 | 512.476 USD/Month | 481.417 |
| Montenegro | Mar/22 | 931.79 USD/Month | 939.305 |
| Poland | 1Q/22 | 1463.694 USD/Month | 1407.353 |
| Portugal | 2019 | 1275.321 USD/Month | 1257.072 |
| Romania | Mar/22 | 1390.165 USD/Month | 1315.889 |
| Russia | Feb/22 | 908.816 USD/Month | 883.03 |
| Serbia | Feb/22 | 645.41 USD/Month | 648.29 |
| Slovakia | Mar/22 | 1440.625 USD/Month | 1303.218 |
| Slovenia | Feb/22 | 2068.618 USD/Month | 2065.397 |
| Sweden | Feb/22 | 3019.2 USD/Month | 3019.2 |
| Switzerland | 2020 | 6635.962 USD/Month | 6583.743 |
| Ukraine | Jan/22 | 498.274 USD/Month | 596.582 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 4Q/21 | 529.206 USD/Month | 501.397 |
| Bosnia and Herzegovina | Mar/22 | 916.959 USD/Month | 884.093 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
