Annual net earnings of a full-time single worker without children in Iceland

Iceland: Annual net earnings of a full-time single worker without children was 33,039 Purchasing power standard (PPS) in 2023. ▲ Rising

Latest (2023)
33,039 Purchasing power standard (PPS)
Change on year
up 3.8%
World rank
6th
of 44 countries
All-time high
33,039 Purchasing power standard (PPS)
in 2023
All-time low
19,171 Purchasing power standard (PPS)
in 2002
Years of data
22
2002–2023

Annual net earnings of a full-time single worker without children in Iceland, 2002–2023

010.0k20.0k30.0k2002201220232002: 19.2k Purchasing power standard (PPS)2003: 19.7k Purchasing power standard (PPS)2004: 20.4k Purchasing power standard (PPS)2005: 22.3k Purchasing power standard (PPS)2006: 24.3k Purchasing power standard (PPS)2007: 26.8k Purchasing power standard (PPS)2008: 27.7k Purchasing power standard (PPS)2009: 26.3k Purchasing power standard (PPS)2010: 23.8k Purchasing power standard (PPS)2011: 22.2k Purchasing power standard (PPS)2012: 22.7k Purchasing power standard (PPS)2013: 23.7k Purchasing power standard (PPS)2014: 25.0k Purchasing power standard (PPS)2015: 26.1k Purchasing power standard (PPS)2016: 27.1k Purchasing power standard (PPS)2017: 28.0k Purchasing power standard (PPS)2018: 28.6k Purchasing power standard (PPS)2019: 29.0k Purchasing power standard (PPS)2020: 29.7k Purchasing power standard (PPS)2021: 30.6k Purchasing power standard (PPS)2022: 31.8k Purchasing power standard (PPS)2023: 33.0k Purchasing power standard (PPS)

Source: Eurostat. Measured in Purchasing power standard (PPS).

Analysis

In 2023, annual net earnings of a full-time single worker without children in Iceland stood at 33,039 Purchasing power standard (PPS). That is the highest value across all 22 years on record.

That represents a change of up 3.8% on the previous year and up 39.1% over ten years.

Over the whole period, annual net earnings of a full-time single worker without children in Iceland peaked at 33,039 Purchasing power standard (PPS) in 2023 and was at its lowest, 19,171 Purchasing power standard (PPS), in 2002.

That places Iceland 6th out of 44 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Annual net earnings of a full-time single worker without children in Iceland, year by year

Annual values for Annual net earnings of a full-time single worker without children earning an average wage in Iceland, 2002 to 2023.
Year Purchasing power standard (PPS) Change
2002 19,171 Purchasing power standard (PPS)
2003 19,718 Purchasing power standard (PPS) +2.9%
2004 20,421 Purchasing power standard (PPS) +3.6%
2005 22,270 Purchasing power standard (PPS) +9.1%
2006 24,340 Purchasing power standard (PPS) +9.3%
2007 26,827 Purchasing power standard (PPS) +10.2%
2008 27,727 Purchasing power standard (PPS) +3.4%
2009 26,283 Purchasing power standard (PPS) -5.2%
2010 23,831 Purchasing power standard (PPS) -9.3%
2011 22,180 Purchasing power standard (PPS) -6.9%
2012 22,676 Purchasing power standard (PPS) +2.2%
2013 23,749 Purchasing power standard (PPS) +4.7%
2014 24,984 Purchasing power standard (PPS) +5.2%
2015 26,112 Purchasing power standard (PPS) +4.5%
2016 27,076 Purchasing power standard (PPS) +3.7%
2017 27,970 Purchasing power standard (PPS) +3.3%
2018 28,557 Purchasing power standard (PPS) +2.1%
2019 29,045 Purchasing power standard (PPS) +1.7%
2020 29,707 Purchasing power standard (PPS) +2.3%
2021 30,593 Purchasing power standard (PPS) +3.0%
2022 31,817 Purchasing power standard (PPS) +4.0%
2023 33,039 Purchasing power standard (PPS) +3.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 23,345 Purchasing power standard (PPS) 19,171 Purchasing power standard (PPS) 27,727 Purchasing power standard (PPS) 8
2010s 25,618 Purchasing power standard (PPS) 22,180 Purchasing power standard (PPS) 29,045 Purchasing power standard (PPS) 10
2020s 31,289 Purchasing power standard (PPS) 29,707 Purchasing power standard (PPS) 33,039 Purchasing power standard (PPS) 4

Countries ranked near Iceland

  1. 3 Norway 34,917 Purchasing power standard (PPS) compare
  2. 4 United States 33,848 Purchasing power standard (PPS) compare
  3. 4 United States 33,848 Purchasing power standard (PPS) compare
  4. 7 Netherlands 33,003 Purchasing power standard (PPS) compare
  5. 7 Netherlands 33,003 Purchasing power standard (PPS) compare
  6. 9 Austria 32,898 Purchasing power standard (PPS) compare

See the full ranking of 49 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is annual net earnings of a full-time single worker without children in Iceland?
Annual net earnings of a full-time single worker without children in Iceland was 33,039 Purchasing power standard (PPS) in 2023, according to Eurostat.
What is the highest annual net earnings of a full-time single worker without children recorded in Iceland?
The highest recorded value was 33,039 Purchasing power standard (PPS) in 2023.
What is the lowest annual net earnings of a full-time single worker without children recorded in Iceland?
The lowest recorded value was 19,171 Purchasing power standard (PPS) in 2002.
How does Iceland rank for annual net earnings of a full-time single worker without children?
Iceland ranks 6th out of 44 countries with data for 2023.
Is annual net earnings of a full-time single worker without children rising or falling in Iceland?
Over the last ten years it is up 39.1%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Annual net earnings of a full-time single worker without children earning an average wage. Statizoid updates them automatically from the source API.

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Annual net earnings of a full-time single worker without children in Iceland. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://labour.statizoid.com/stat/annual-net-earnings-of-a-full-time-single-worker-without-children-earning-an-average-wage/iceland/

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About this data

Indicator
Annual net earnings of a full-time single worker without children earning an average wage
Unit
Purchasing power standard (PPS)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 1,028 data points, 2002–2025
Last refreshed