Finland vs Iceland: Median monthly earnings of employees
Median monthly earnings of employees over time
- Finland
- Iceland
How they compare
Iceland currently reports 4,983 against 4,448 in Finland, a difference of 535.
That makes Iceland's figure about 1.1 times Finland's.
The two have swapped places 2 times across 17 shared years of data; in 2004 it was Iceland ahead.
Finland ranks 20th and Iceland ranks 17th of 49 countries.
Across the 3 decades both report, Finland averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,493 | 3,116 | 622.89 | Iceland |
| 2010s | 3,484 | 3,443 | 41.17 | Finland |
| 2020s | 3,731 | 4,983 | 1,252 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median monthly earnings of employees, Finland or Iceland?
- Iceland, at 4,983 against 4,448 in Finland as of 2020.
- What is the difference in median monthly earnings of employees between Finland and Iceland?
- 535, with Iceland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 17 years are reported by both, from 2004 to 2020.
- How do Finland and Iceland rank globally for median monthly earnings of employees?
- Finland ranks 20th and Iceland ranks 17th of 49 countries.
- Where does this data come from?
- International Labour Organization, published as Median monthly earnings of employees. 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. The median is the middle value, with half of employees earning less and half earning more. For more information, refer to the Wages and Working Time Statistics (COND) database description.