Canada vs Iceland: Average hourly earnings of employees
Canada
33.04 international-$ in 2021 prices
in 2025
Iceland
28.04 international-$ in 2021 prices
in 2022
Canada rank
3rd
Iceland rank
4th
Average hourly earnings of employees over time
- Canada
- Iceland
How they compare
Canada currently reports 33.04 international-$ in 2021 prices against 28.04 international-$ in 2021 prices in Iceland, a difference of 5 international-$ in 2021 prices.
That makes Canada's figure about 1.2 times Iceland's.
Across all 6 years both countries report, Canada has been ahead every year.
Canada ranks 3rd and Iceland ranks 4th of 64 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 21.56 international-$ in 2021 prices | 19.95 international-$ in 2021 prices | 1.61 international-$ in 2021 prices | Canada |
| 2020s | 27.43 international-$ in 2021 prices | 26.79 international-$ in 2021 prices | 0.6425 international-$ in 2021 prices | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Canada or Iceland?
- Canada, at 33.04 international-$ in 2021 prices against 28.04 international-$ in 2021 prices in Iceland as of 2025.
- What is the difference in average hourly earnings of employees between Canada and Iceland?
- 5 international-$ in 2021 prices, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 6 years are reported by both, from 2014 to 2022.
- How do Canada and Iceland rank globally for average hourly earnings of employees?
- Canada ranks 3rd and Iceland ranks 4th of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) β with major processing by Our World in Data, published as Average hourly earnings of employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross remuneration for time worked or work done, vacation, and other types of paid leave.