Hungary vs Iceland: Average hourly earnings of employees
Average hourly earnings of employees over time
- Hungary
- Iceland
How they compare
Iceland currently reports 4,230 against 3,192 in Hungary, a difference of 1,038.
That makes Iceland's figure about 1.3 times Hungary's.
The two have swapped places 2 times across 6 shared years of data; in 2014 it was Iceland ahead.
Hungary ranks 12th and Iceland ranks 10th of 73 countries.
Hungary has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hungary | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1,289 | 934.82 | 353.96 | Hungary |
| 2020s | 2,770 | 2,745 | 25.25 | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Hungary or Iceland?
- Iceland, at 4,230 against 3,192 in Hungary as of 2022.
- What is the difference in average hourly earnings of employees between Hungary and Iceland?
- 1,038, with Iceland ahead.
- How many years of comparable data are there for Hungary and Iceland?
- 6 years are reported by both, from 2014 to 2022.
- How do Hungary and Iceland rank globally for average hourly earnings of employees?
- Hungary ranks 12th 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.