Wages in Iceland increased to 652000 ISK/Month in 2017 from 613000 ISK/Month in 2016. Wages in Iceland averaged 486800 ISK/Month from 2008 until 2017, reaching an all time high of 652000 ISK/Month in 2017 and a record low of 380000 ISK/Month in 2008.

Wages in Iceland is expected to be 750000.00 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 3.10 3.30 9.10 0.10 percent [+]
Employed Persons 201300.00 200700.00 203600.00 136600.00 [+]
Unemployed Persons 6500.00 6800.00 16700.00 100.00 [+]
Labor Force Participation Rate 81.20 81.40 84.90 77.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 7.40 6.20 21.60 2.60 percent [+]
Job Vacancies 133.00 151.00 1912.00 47.00 [+]
Wages 652000.00 613000.00 652000.00 380000.00 ISK/Month [+]
Wage Growth 2.50 2.60 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 78.70 78.70 82.90 73.20 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
652000.00 613000.00 652000.00 380000.00 2008 - 2017 ISK/Month Yearly




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2290.00 Jun/19
Canada 25.60 May/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 560430.00 Jun/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 6005.00 Mar/19
South Africa 20855.00 Mar/19
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 538.00 Jun/19
United States 23.46 Jul/19


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