Iceland vs South Korea: Average hourly earnings of employees

Iceland
28.04 international-$ in 2021 prices
in 2022
South Korea
27.58 international-$ in 2021 prices
in 2022
Iceland rank
4th
South Korea rank
5th

Average hourly earnings of employees over time

  • Iceland
  • South Korea
0102030200920152022

How they compare

Iceland currently reports 28.04 international-$ in 2021 prices against 27.58 international-$ in 2021 prices in South Korea, a difference of 0.459 international-$ in 2021 prices.

The two have swapped places 1 time across 6 shared years of data; in 2014 it was South Korea ahead.

Iceland ranks 4th and South Korea ranks 5th of 64 countries.

Individual pages

About this data

Indicator
Average hourly earnings of employees
Unit
international-$ in 2021 prices
Source
International Labour Organization (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
64 places, 923 data points, 1990–2025
Last refreshed

Gross remuneration for time worked or work done, vacation, and other types of paid leave.