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 34,365 Purchasing power standard (PPS) in 2024. ▲ Rising
Latest (2024)
34,365 Purchasing power standard (PPS)
Change on year
up 4.0%
World rank
8th
of 44 countries
All-time high
34,365 Purchasing power standard (PPS)
in 2024
All-time low
19,171 Purchasing power standard (PPS)
in 2002
Years of data
23
2002–2024
Annual net earnings of a full-time single worker without children in Iceland, 2002–2024
Source: Eurostat. Measured in Purchasing power standard (PPS).
Analysis
In 2024, annual net earnings of a full-time single worker without children in Iceland stood at 34,365 Purchasing power standard (PPS). That is the highest value across all 23 years on record.
That represents a change of up 4.0% on the previous year and up 37.5% over ten years.
Over the whole period, annual net earnings of a full-time single worker without children in Iceland peaked at 34,365 Purchasing power standard (PPS) in 2024 and was at its lowest, 19,171 Purchasing power standard (PPS), in 2002.
That places Iceland 8th out of 44 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Annual net earnings of a full-time single worker without children in Iceland, year by year
| 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% |
| 2024 | 34,365 Purchasing power standard (PPS) | +4.0% |
Iceland compared with similar countries
- Iceland's 34,365 Purchasing power standard (PPS) is above the median for Europe & Central Asia, which is 28,363 Purchasing power standard (PPS), 1.2× the median. (30 countries reporting)
- Iceland's 34,365 Purchasing power standard (PPS) is above the median for high income countries, which is 28,219 Purchasing power standard (PPS), 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 31,904 Purchasing power standard (PPS) | 29,707 Purchasing power standard (PPS) | 34,365 Purchasing power standard (PPS) | 5 |
Countries ranked near Iceland
- 5 United Kingdom 35,906 Purchasing power standard (PPS) compare
- 6 Netherlands 35,753 Purchasing power standard (PPS) compare
- 7 United States 34,568 Purchasing power standard (PPS) compare
- 9 United States 33,848 Purchasing power standard (PPS) compare
- 10 Germany 33,743 Purchasing power standard (PPS) compare
- 11 Netherlands 33,003 Purchasing power standard (PPS) compare
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
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 34,365 Purchasing power standard (PPS) in 2024, 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 34,365 Purchasing power standard (PPS) in 2024.
- 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 8th out of 44 countries with data for 2024.
- 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 37.5%. 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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