Iceland Wages: Minimum and Average
Iceland Wages Data
| Indicator | Data | Period |
|---|---|---|
| Wages | 695000 ISK/Month | 5609.354 USD/Month | 2019 |
| Wage Growth | 6 % | Mar/21 |
Latest data on Wages (ISK/Month)
What is average wage in Iceland?
- Average Wages in Iceland increased to 695000 ISK/Month (5609.354 USD/Month) in 2019. 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
| 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 6 % in March 2021 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
| 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 |
| 1.5 | Nov/19 | 16.01.2020 |
| 1.2 | Sep/19 | 05.11.2019 |
| 1.1 | Jul/19 | 29.10.2019 |
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 | Mar/21 | 8.3 % | 6.4 |
| Job Vacancies | Mar/21 | 1.583 K | 0.343 |
| Labor Force Participation Rate | Mar/21 | 78.1 % | 78.2 |
Wages in other countries
| Country | Updated | Actual | Previous |
| Austria | 2019 | 3462.998 USD/Month | 3366.905 |
| Ireland | 4Q/20 | 4111.322 USD/Month | 3882.645 |
| Luxembourg | 2019 | 6674.208 USD/Month | 6603.659 |
| Spain | 4Q/20 | 2506.933 USD/Month | 2261.227 |
| Iceland | 2019 | 5609.354 USD/Month | 5439.863 |
| Norway | 4Q/20 | 5841.274 USD/Month | 5718.287 |
| Belarus | Mar/21 | 546.265 USD/Month | 503.668 |
| Belgium | 2016 | 3849.76 USD/Month | 3801.21 |
| Bulgaria | Dec/20 | 912.969 USD/Month | 871.923 |
| Croatia | Feb/21 | 1135.934 USD/Month | 1126.412 |
| Cyprus | 4Q/20 | 2757.505 USD/Month | 2328.127 |
| Czech Republic | 4Q/20 | 1828.35 USD/Month | 1680.136 |
| Denmark | 2019 | 6967.287 USD/Month | 6827.261 |
| Estonia | 4Q/20 | 1842.797 USD/Month | 1752.785 |
| Euro Area | 3Q/20 | 2281.905 USD/Month | 2117.696 |
| Finland | 4Q/20 | 4403.25 USD/Month | 4385.005 |
| France | 2017 | 3751.277 USD/Month | 3677.079 |
| Germany | 4Q/20 | 4905.61 USD/Month | 4838.71 |
| Hungary | Feb/21 | 1363.819 USD/Month | 1394.69 |
| Italy | 2019 | 3043.351 USD/Month | 3004.428 |
| Latvia | Dec/20 | 1112.976 USD/Month | 1039.994 |
| Lithuania | 4Q/20 | 1853.744 USD/Month | 1769.815 |
| Macedonia | Feb/21 | 815.974 USD/Month | 825.756 |
| Malta | 4Q/20 | 157.621 USD/Month | 155.695 |
| Moldova | 4Q/20 | 500.653 USD/Month | 456.238 |
| Montenegro | Mar/21 | 954.848 USD/Month | 960.93 |
| Poland | 4Q/20 | 1457.953 USD/Month | 1381.007 |
| Portugal | 2019 | 1445.045 USD/Month | 1424.366 |
| Romania | Feb/21 | 1356.751 USD/Month | 1369.586 |
| Russia | Feb/21 | 689.268 USD/Month | 666.22 |
| Serbia | Feb/21 | 638.321 USD/Month | 646.818 |
| Slovakia | Feb/21 | 1381.793 USD/Month | 1431.664 |
| Slovenia | Feb/21 | 2367.051 USD/Month | 2404.758 |
| Sweden | Feb/21 | 3544.375 USD/Month | 3544.375 |
| Switzerland | 2019 | 7001.099 USD/Month | 6938.907 |
| Ukraine | Mar/21 | 490.258 USD/Month | 451.972 |
| United Kingdom | Aug/19 | 2798.54 USD/Month | |
| Albania | 4Q/20 | 536.15 USD/Month | 515.31 |
| Bosnia and Herzegovina | Feb/21 | 918.449 USD/Month | 927.079 |
| Kosovo | Dec/18 | 558.79 USD/Month | 559.9 |
