Iceland vs Norway: Average monthly earnings of employees
Average monthly earnings of employees over time
- Iceland
- Norway
How they compare
Norway currently reports 5,699 against 5,558 in Iceland, a difference of 141.
The two have swapped places 4 times across 17 shared years of data; in 2004 it was Norway ahead.
Iceland ranks 57th and Norway ranks 55th of 99 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3,533 | 3,706 | 172.99 | Norway |
| 2010s | 3,871 | 5,372 | 1,501 | Norway |
| 2020s | 5,558 | 5,628 | 69.3 | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average monthly earnings of employees, Iceland or Norway?
- Norway, at 5,699 against 5,558 in Iceland as of 2025.
- What is the difference in average monthly earnings of employees between Iceland and Norway?
- 141, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 17 years are reported by both, from 2004 to 2020.
- How do Iceland and Norway rank globally for average monthly earnings of employees?
- Iceland ranks 57th and Norway ranks 55th of 99 countries.
- Where does this data come from?
- International Labour Organization, published as Average monthly earnings of employees (15+). 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. For more information, refer to the Wages and Working Time Statistics (COND) database description.