Wages in Iceland increased to 731000 ISK/Month in 2020 from 695000 ISK/Month in 2019. source: Statistics Iceland

Wages in Iceland averaged 535846.15 ISK/Month from 2008 until 2020, reaching an all time high of 731000 ISK/Month in 2020 and a record low of 380000 ISK/Month in 2008. This page provides - Iceland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Average Monthly Wage - values, historical data and charts - was last updated on January of 2022.

Wages in Iceland is expected to reach 717033.03 ISK/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Average Monthly Wage is projected to trend around 717033.03 ISK/Month in 2022 and 735729.00 ISK/Month in 2023, according to our econometric models.

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Iceland Average Monthly Wage


Related Last Previous Unit Reference
Unemployment Rate 4.20 5.80 percent Nov/21
Employed Persons 205100.00 202000.00 Nov/21
Unemployed Persons 9285.00 12200.00 Nov/21
Labor Force Participation Rate 80.10 80.00 percent Nov/21
Youth Unemployment Rate 7.00 3.70 percent Sep/21
Wages 731000.00 695000.00 ISK/Month Dec/20
Wage Growth 3.30 3.40 percent Sep/21
Employment Rate 76.70 75.50 percent Nov/21