Iceland vs Moldova: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Iceland
- Moldova
How they compare
Moldova currently reports 17,383 against 8,573 in Iceland, a difference of 8,810.
That makes Moldova's figure about 2.0 times Iceland's.
Across all 13 years both countries report, Moldova has been ahead every year.
Iceland ranks 4th and Moldova ranks 3rd of 50 countries.
Moldova has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Moldova | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,650 | 3,390 | 739.5 | Moldova |
| 2010s | 3,567 | 4,851 | 1,283 | Moldova |
| 2020s | 6,888 | 13,373 | 6,484 | Moldova |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Iceland or Moldova?
- Moldova, at 17,383 against 8,573 in Iceland as of 2024.
- What is the difference in average hourly labour cost per employee - discontinued between Iceland and Moldova?
- 8,810, with Moldova ahead.
- How many years of comparable data are there for Iceland and Moldova?
- 13 years are reported by both, from 2009 to 2024.
- How do Iceland and Moldova rank globally for average hourly labour cost per employee - discontinued?
- Iceland ranks 4th and Moldova ranks 3rd 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.