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 August 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 4.00 3.50 percent Jun 2022
Employed Persons 209200.00 209700.00 Jun 2022
Unemployed Persons 8700.00 7500.00 Jun 2022
Labor Force Participation Rate 79.80 80.70 percent Jun 2022
Youth Unemployment Rate 10.20 8.50 percent Jun 2022
Wages 731000.00 695000.00 ISK/Month Dec 2020
Wage Growth 1.50 2.00 percent Jan 2022
Employment Rate 76.60 78.00 percent Jun 2022