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 2.90 3.30 9.10 0.10 percent [+]
Employed Persons 203900.00 200000.00 203900.00 136600.00 [+]
Unemployed Persons 6200.00 6800.00 16700.00 100.00 [+]
Labor Force Participation Rate 82.70 80.80 84.90 77.70 percent [+]
Long Term Unemployment Rate 0.30 0.50 1.70 0.10 percent [+]
Youth Unemployment Rate 7.70 8.70 21.30 3.10 percent [+]
Job Vacancies 185.00 149.00 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 44.60 36.30 47.50 28.00 Thousand [+]
Full Time Employment 144.40 155.20 155.20 97.00 Thousand [+]
Employment Rate 80.20 78.10 83.10 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 May 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 38242.00 Feb/19
Australia 1225.30 Dec/18
Brazil 2291.00 Mar/19
Canada 25.72 Feb/19
China 74318.00 Dec/17
France 2988.00 Dec/16
Germany 3899.00 Sep/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 316506.00 Mar/19
Mexico 372.83 Mar/19
Russia 45000.00 Mar/19
Singapore 5752.00 Dec/18
South Africa 21190.00 Dec/18
South Korea 3359019.00 Dec/18
Spain 2039.01 Dec/18
Switzerland 6260.00 Dec/17
United Kingdom 528.00 Mar/19
United States 23.31 Apr/19


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