Iceland vs Iraq: Monthly minimum wage
Monthly minimum wage over time
- Iceland
- Iraq
How they compare
Iceland currently reports 425,985 against 350,000 in Iraq, a difference of 75,985.
That makes Iceland's figure about 1.2 times Iraq's.
The two have swapped places 1 time across 6 shared years of data; in 2019 it was Iraq ahead.
Iceland ranks 13th and Iraq ranks 15th of 173 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Iraq in 1.
Head to head by decade
| Decade | Iceland | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 300,000 | 350,000 | 50,000 | Iraq |
| 2020s | 376,444 | 350,000 | 26,444 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Iceland or Iraq?
- Iceland, at 425,985 against 350,000 in Iraq as of 2024.
- What is the difference in monthly minimum wage between Iceland and Iraq?
- 75,985, with Iceland ahead.
- How many years of comparable data are there for Iceland and Iraq?
- 6 years are reported by both, from 2019 to 2024.
- How do Iceland and Iraq rank globally for monthly minimum wage?
- Iceland ranks 13th and Iraq ranks 15th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates 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.