Iceland vs Spain: Average hourly earnings of employees

Iceland
28.04 international-$ in 2021 prices
in 2022
Spain
25.97 international-$ in 2021 prices
in 2021
Iceland rank
4th
Spain rank
7th

Average hourly earnings of employees over time

  • Iceland
  • Spain
0102030200220122022

How they compare

Iceland currently reports 28.04 international-$ in 2021 prices against 25.97 international-$ in 2021 prices in Spain, a difference of 2.07 international-$ in 2021 prices.

That makes Iceland's figure about 1.1 times Spain's.

The two have swapped places 2 times across 5 shared years of data; in 2014 it was Spain ahead.

Iceland ranks 4th and Spain ranks 7th 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.