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 44 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 44 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Annual net earnings in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19,574 | — |
| 2001 | 17,912 | -8.5% |
| 2002 | 19,195 | +7.2% |
| 2003 | 20,499 | +6.8% |
| 2004 | 21,840 | +6.5% |
| 2005 | 27,977 | +28.1% |
| 2006 | 27,701 | -1.0% |
| 2007 | 30,509 | +10.1% |
| 2008 | 19,950 | -34.6% |
| 2009 | 15,606 | -21.8% |
| 2010 | 17,637 | +13.0% |
| 2011 | 18,941 | +7.4% |
| 2012 | 20,521 | +8.3% |
| 2013 | 22,084 | +7.6% |
| 2014 | 24,928 | +12.9% |
| 2015 | 28,169 | +13.0% |
| 2016 | 33,316 | +18.3% |
| 2017 | 37,567 | +12.8% |
| 2018 | 36,360 | -3.2% |
| 2019 | 35,130 | -3.4% |
| 2020 | 32,733 | -6.8% |
| 2021 | 34,808 | +6.3% |
| 2022 | 39,029 | +12.1% |
| 2023 | 40,007 | +2.5% |
Iceland compared with similar countries
- Iceland's 40,007 is above the median for Europe & Central Asia, which is 22,902, 1.7× the median. (30 countries reporting)
- Iceland's 40,007 is above the median for high income countries, which is 22,782, 1.8× the median. (33 countries reporting)
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 47,597 compare
- 4 Austria 39,959 compare
- 5 Denmark 36,124 compare
- 6 Norway 35,984 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 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 44 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).