Annual net earnings in Iceland
Iceland: Annual net earnings was 40,007 in 2023. ▲ Rising
Latest (2023)
40,007
Change on year
up 2.5%
World rank
3rd
of 34 countries
All-time high
40,007
in 2023
All-time low
15,606
in 2009
Years of data
24
2000–2023
Annual net earnings in Iceland, 2000–2023
Source: Eurostat.
Analysis
In 2023, annual net earnings in Iceland stood at 40,007. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 81.2% over ten years.
Over the whole period, annual net earnings in Iceland peaked at 40,007 in 2023 and was at its lowest, 15,606, in 2009.
Iceland ranks 3rd of 34 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,076 | 15,606 | 30,509 | 10 |
| 2010s | 27,465 | 17,637 | 37,567 | 10 |
| 2020s | 36,644 | 32,733 | 40,007 | 4 |
Countries ranked near Iceland
- 1 Switzerland 53,301 compare
- 2 Luxembourg 45,775 compare
- 4 Norway 35,984 compare
- 5 United States 34,012 compare
- 6 Austria 32,968 compare
More work & labour data for Iceland
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
- Criminal sanctions or compensation for workplace sexual harassment 1 (1=yes; 0=no) (2023)
- Women can take the same jobs as men 1 (1=yes; 0=no) (2023)
- Labor force participation rate, total (% of total population ages 15+) 74.9% (2025)
- Labor force participation rate, male (% of male population ages 15+) 79.6% (2025)
- Ratio of female to male labor force participation rate (%) 87.9% (2025)
- Labor force participation rate, female (% of female population ages 15 70.0% (2025)
- Labor force participation rate, total (% of total population ages 15-6 87.5% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 90.8% (2025)
- Labor force participation rate, female (% of female population ages 15 84.0% (2025)
Frequently asked questions
- What is annual net earnings in Iceland?
- Annual net earnings in Iceland was 40,007 in 2023, according to Eurostat.
- What is the highest annual net earnings recorded in Iceland?
- The highest recorded value was 40,007 in 2023.
- What is the lowest annual net earnings recorded in Iceland?
- The lowest recorded value was 15,606 in 2009.
- How does Iceland rank for annual net earnings?
- Iceland ranks 3rd out of 34 countries with data for 2023.
- Is annual net earnings rising or falling in Iceland?
- Over the last ten years it is up 81.2%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).