Structure of earnings survey - hourly earnings in Iceland

Iceland: Structure of earnings survey - hourly earnings was 116,391 in 2022. ▲ Rising

Latest (2022)
116,391
World rank
37th
of 37 countries
All-time high
123,711
in 2018
All-time low
90,877
in 2010
Years of data
5
2006–2022

Structure of earnings survey - hourly earnings in Iceland, 2006–2022

025.0k50.0k75.0k100.0k125.0k2006201420222006: 105.7k2010: 90.9k2014: 104.2k2018: 123.7k2022: 116.4k

Source: Eurostat.

Analysis

In 2022, structure of earnings survey - hourly earnings in Iceland stood at 116,391.

That represents a change of up 28.1% over ten years.

Over the whole period, structure of earnings survey - hourly earnings in Iceland peaked at 123,711 in 2018 and was at its lowest, 90,877, in 2010.

That places Iceland 37th out of 37 countries with data for 2022, putting it in the bottom quarter.

Structure of earnings survey - hourly earnings in Iceland, year by year

Annual values for Structure of earnings survey - hourly earnings in Iceland, 2006 to 2022.
Year Value Change
2006 105,656
2010 90,877 -14.0%
2014 104,166 +14.6%
2018 123,711 +18.8%
2022 116,391 -5.9%

Iceland compared with similar countries

  • Iceland's 116,391 is below the median for Europe & Central Asia, which is 2.76 million, 4% of the median. (28 countries reporting)
  • Iceland's 116,391 is below the median for high income countries, which is 2.68 million, 4% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 105,656 105,656 105,656 1
2010s 106,251 90,877 123,711 3
2020s 116,391 116,391 116,391 1

Countries ranked near Iceland

  1. 35 Cyprus 261,017 compare
  2. 36 Malta 191,416 compare

See the full ranking of 38 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is structure of earnings survey - hourly earnings in Iceland?
Structure of earnings survey - hourly earnings in Iceland was 116,391 in 2022, according to Eurostat.
What is the highest structure of earnings survey - hourly earnings recorded in Iceland?
The highest recorded value was 123,711 in 2018.
What is the lowest structure of earnings survey - hourly earnings recorded in Iceland?
The lowest recorded value was 90,877 in 2010.
How does Iceland rank for structure of earnings survey - hourly earnings?
Iceland ranks 37th out of 37 countries with data for 2022.
Is structure of earnings survey - hourly earnings rising or falling in Iceland?
Over the last ten years it is up 28.1%. 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 Structure of earnings survey - hourly earnings. Statizoid updates them automatically from the source API.

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Structure of earnings survey - hourly earnings in Iceland. Statizoid, drawing on Eurostat. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/structure-of-earnings-survey-hourly-earnings/iceland/

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About this data

Indicator
Structure of earnings survey - hourly earnings
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 207 data points, 2002–2022
Last refreshed