Wages in Iceland increased to 615000 ISK/Month in 2016 from 555000 ISK/Month in 2015. Wages in Iceland averaged 468666.67 ISK/Month from 2008 until 2016, reaching an all time high of 615000 ISK/Month in 2016 and a record low of 380000 ISK/Month in 2008.

Wages in Iceland is expected to be 700000.00 ISK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Average Monthly Wage is projected to trend around 800000.00 ISK/Month in 2020, according to our econometric models.

Iceland Average Monthly Wage
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Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.70 1.70 8.90 0.10 percent [+]
Employed Persons 200400.00 201200.00 201300.00 136600.00 [+]
Unemployed Persons 3400.00 7400.00 16200.00 100.00 [+]
Labor Force Participation Rate 80.60 82.20 85.60 77.50 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 8.40 4.00 21.20 3.10 percent [+]
Job Vacancies 92.00 47.00 1912.00 47.00 [+]
Wages 615000.00 555000.00 615000.00 380000.00 ISK/Month [+]
Wage Growth 3.20 3.00 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 36.30 36.60 47.50 28.00 Thousand [+]
Full Time Employment 155.20 150.00 155.20 97.00 Thousand [+]
Employment Rate 79.40 80.20 84.20 72.90 percent [+]


Iceland Average Monthly Wage

This page provides - Iceland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Average Monthly Wage - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
615000.00 555000.00 615000.00 380000.00 2008 - 2016 ISK/Month Yearly




Country Last Previous
Argentina 35063.00 Nov/18
Australia 1207.40 Jun/18
Brazil 2254.00 Dec/18
Canada 25.46 Nov/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 692030.00 Dec/18
Mexico 354.35 Dec/18
Russia 55150.00 Dec/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1842.62 Sep/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 527.00 Dec/18
United States 23.12 Jan/19


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