Monthly minimum wage (Local currency), per square kilometre in Iceland
Iceland: Monthly minimum wage (Local currency), per square kilometre was 3.99 units per square kilometre in 2023. ▲ Rising
Monthly minimum wage (Local currency), per square kilometre in Iceland, 2019–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Iceland recorded 3.99 units per square kilometre for monthly minimum wage (local currency), per square kilometre in 2023. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 34.1% over five years.
That places Iceland 19th out of 169 countries with data for 2023, putting it in the top quarter.
Monthly minimum wage (Local currency), per square kilometre in Iceland, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 2019 | 2.98 units per square kilometre | — |
| 2020 | 3.32 units per square kilometre | +11.7% |
| 2021 | 3.48 units per square kilometre | +4.8% |
| 2022 | 3.65 units per square kilometre | +4.8% |
| 2023 | 3.99 units per square kilometre | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.98 units per square kilometre | 2.98 units per square kilometre | 2.98 units per square kilometre | 1 |
| 2020s | 3.61 units per square kilometre | 3.32 units per square kilometre | 3.99 units per square kilometre | 4 |
Countries ranked near Iceland
- 16 Jamaica 5.2 units per square kilometre compare
- 17 Vanuatu 4.69 units per square kilometre compare
- 18 Equatorial Guinea 4.18 units per square kilometre compare
- 20 Antigua and Barbuda 3.54 units per square kilometre compare
- 21 Grenada 3.53 units per square kilometre compare
- 22 Marshall Islands 3.47 units per square kilometre 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 monthly minimum wage (local currency), per square kilometre in Iceland?
- Monthly minimum wage (local currency), per square kilometre in Iceland was 3.99 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per square kilometre recorded in Iceland?
- The highest recorded value was 3.99 units per square kilometre in 2023.
- What is the lowest monthly minimum wage (local currency), per square kilometre recorded in Iceland?
- The lowest recorded value was 2.98 units per square kilometre in 2019.
- How does Iceland rank for monthly minimum wage (local currency), per square kilometre?
- Iceland ranks 19th out of 169 countries with data for 2023.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Land area (sq. km)
Computed from
- Monthly minimum wage International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.