Iceland Average Hourly Earnings 2022: $28.04
Iceland's average hourly earnings in 2022 is $28.04, up 9.8% from 2021. It ranks #5 of 52 countries.
Average hourly earnings compare employee pay rates globally, offering insights into wage disparities and economic strength.
Source (2022): Average hourly earnings of employees | Our World in Data
Where Iceland ranks (2022)
#5 of 52
Average Hourly Earnings over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2022 | 28.04 USD | +2.5 USD | +9.79% | |
| 2021 | 25.54 USD | +3.76 USD | +17.28% | |
| 2017 | 21.78 USD | +1.57 USD | +7.78% | |
| 2016 | 20.21 USD | +0.78 USD | +4.04% | |
| 2015 | 19.42 USD | +1.03 USD | +5.61% | |
| 2014 | 18.39 USD | — | — |
Frequently Asked Questions About Iceland Average Hourly Earnings
What is Iceland's average hourly earnings in 2022?▾
Iceland's average hourly earnings is $28.04 in 2022, according to Average hourly earnings of employees | International Labour Organization via Our World in Data.
Is Iceland's average hourly earnings increasing or decreasing?▾
Iceland's average hourly earnings rose by 9.8% from 2021 ($25.54) to 2022 ($28.04).
How does Iceland rank for average hourly earnings?▾
In 2022, Iceland has the 5th highest average hourly earnings out of 52 countries with data.
What was Iceland's average hourly earnings in 2014?▾
In 2014, Iceland's average hourly earnings was $18.39. By 2022 it rose by 52.5%.
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