Chile vs Iceland: Average hourly earnings of employees
Average hourly earnings of employees over time
- Chile
- Iceland
How they compare
Chile currently reports 5,909 against 4,230 in Iceland, a difference of 1,679.
That makes Chile's figure about 1.4 times Iceland's.
Across all 9 years both countries report, Chile has been ahead every year.
Chile ranks 8th and Iceland ranks 10th of 73 countries.
Chile has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Chile | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3,551 | 2,079 | 1,472 | Chile |
| 2020s | 4,398 | 2,745 | 1,653 | Chile |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Chile or Iceland?
- Chile, at 5,909 against 4,230 in Iceland as of 2024.
- What is the difference in average hourly earnings of employees between Chile and Iceland?
- 1,679, with Chile ahead.
- How many years of comparable data are there for Chile and Iceland?
- 9 years are reported by both, from 2014 to 2022.
- How do Chile and Iceland rank globally for average hourly earnings of employees?
- Chile ranks 8th and Iceland ranks 10th of 73 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly earnings of employees (Local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.