Chile vs Iceland: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Chile
- Iceland
How they compare
Iceland currently reports 8,573 against 6,745 in Chile, a difference of 1,828.
That makes Iceland's figure about 1.3 times Chile's.
The two have swapped places 1 time across 8 shared years of data; in 2010 it was Chile ahead.
Chile ranks 5th and Iceland ranks 4th of 50 countries.
Across the 2 decades both report, Chile averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Chile | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4,612 | 3,567 | 1,045 | Chile |
| 2020s | 6,745 | 6,852 | 107 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Chile or Iceland?
- Iceland, at 8,573 against 6,745 in Chile as of 2025.
- What is the difference in average hourly labour cost per employee - discontinued between Chile and Iceland?
- 1,828, with Iceland ahead.
- How many years of comparable data are there for Chile and Iceland?
- 8 years are reported by both, from 2010 to 2022.
- How do Chile and Iceland rank globally for average hourly labour cost per employee - discontinued?
- Chile ranks 5th and Iceland ranks 4th of 50 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.