Finland vs Iceland: Average hourly earnings of employees
Finland
26.03 international-$ in 2021 prices
in 2022
Iceland
28.04 international-$ in 2021 prices
in 2022
Finland rank
6th
Iceland rank
4th
Average hourly earnings of employees over time
- Finland
- Iceland
How they compare
Iceland currently reports 28.04 international-$ in 2021 prices against 26.03 international-$ in 2021 prices in Finland, a difference of 2.01 international-$ in 2021 prices.
That makes Iceland's figure about 1.1 times Finland's.
The two have swapped places 1 time across 5 shared years of data; in 2014 it was Finland ahead.
Finland ranks 6th and Iceland ranks 4th of 64 countries.
Across the 2 decades both report, Finland averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 20.5 international-$ in 2021 prices | 20.12 international-$ in 2021 prices | 0.381 international-$ in 2021 prices | Finland |
| 2020s | 25.14 international-$ in 2021 prices | 26.79 international-$ in 2021 prices | 1.65 international-$ in 2021 prices | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of employees, Finland or Iceland?
- Iceland, at 28.04 international-$ in 2021 prices against 26.03 international-$ in 2021 prices in Finland as of 2022.
- What is the difference in average hourly earnings of employees between Finland and Iceland?
- 2.01 international-$ in 2021 prices, with Iceland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 5 years are reported by both, from 2014 to 2022.
- How do Finland and Iceland rank globally for average hourly earnings of employees?
- Finland ranks 6th 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.