Wages in Iceland increased 1.10 percent in July of 2019 over the same month in the previous year. Wage Growth in Iceland averaged 1.95 percent from 1990 until 2019, reaching an all time high of 11.60 percent in March of 2016 and a record low of -9.40 percent in January of 2009.

Iceland Real Wage Growth
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Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 3.10 9.10 0.10 percent [+]
Employed Persons 195500.00 201300.00 203600.00 136600.00 [+]
Unemployed Persons 8500.00 6500.00 16700.00 100.00 [+]
Labor Force Participation Rate 80.00 81.20 84.90 77.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 12.20 7.40 21.60 2.60 percent [+]
Job Vacancies 100.00 119.00 1912.00 47.00 [+]
Wages 652000.00 613000.00 652000.00 380000.00 ISK/Month [+]
Wage Growth 1.10 0.90 11.60 -9.40 percent [+]
Population 0.35 0.34 0.35 0.17 Million [+]
Retirement Age Women 67.00 67.00 67.00 67.00 [+]
Retirement Age Men 67.00 67.00 67.00 67.00 [+]
Part Time Employment 44.80 44.60 47.50 28.00 Thousand [+]
Full Time Employment 143.90 144.40 155.20 97.00 Thousand [+]
Employment Rate 76.90 78.70 82.90 73.20 percent [+]


Iceland Real Wage Growth

In Iceland, real wage growth refers to the change in the wage index deflated by the CPI. This page provides the latest reported value for - Iceland Real Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.90 11.60 -9.40 1990 - 2019 percent Monthly
2000=100, NSA




Country Last Previous
Argentina 4.29 Jul/19
Australia 2.30 Jun/19
Canada 2.70 Jul/19
Euro Area 2.70 Jun/19
France 0.50 Jun/19
Germany 1.30 Jun/19
Italy 0.70 Aug/19
Japan -0.20 Aug/19
Netherlands 2.58 Sep/19
Russia 2.40 Aug/19
Spain 6.72 Aug/19
Switzerland 0.50 Jun/19
United Kingdom 3.80 Aug/19
United States 5.34 Aug/19


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