Wages in Iceland increased to 669000 ISK/Month in 2018 from 653000 ISK/Month in 2017. source: Statistics Iceland

Wages in Iceland averaged 503181.82 ISK/Month from 2008 until 2018, reaching an all time high of 669000 ISK/Month in 2018 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 March of 2021.

Wages in Iceland is expected to reach 690542.00 ISK/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Average Monthly Wage is projected to trend around 712777.00 ISK/Month in 2021 and 735729.00 ISK/Month in 2022, according to our econometric models.

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Iceland Average Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
669000.00 653000.00 669000.00 380000.00 2008 - 2018 ISK/Month Yearly

Iceland Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.20 7.40 9.80 0.10 percent [+]
Employed Persons 187700.00 186400.00 198300.00 136600.00 [+]
Unemployed Persons 16600.00 15100.00 18100.00 100.00 [+]
Labor Force Participation Rate 76.70 78.10 83.30 74.00 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 15.90 11.10 28.50 1.80 percent [+]
Job Vacancies 314.00 118.00 1912.00 47.00 [+]
Wages 669000.00 653000.00 669000.00 380000.00 ISK/Month [+]
Wage Growth 3.50 3.70 11.60 -9.40 percent [+]
Population 0.36 0.35 0.36 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 39.10 39.60 47.50 28.00 Thousand [+]
Employment Rate 71.50 71.10 80.60 68.20 percent [+]
Full Time Employment 152.70 143.40 156.20 97.00 Thousand [+]