Iceland vs United States: Average hourly earnings of employees

Iceland
28.04 international-$ in 2021 prices
in 2022
United States
43.49 international-$ in 2021 prices
in 2025
Iceland rank
4th
United States rank
1st

Average hourly earnings of employees over time

  • Iceland
  • United States
10203040199420092025

How they compare

United States currently reports 43.49 international-$ in 2021 prices against 28.04 international-$ in 2021 prices in Iceland, a difference of 15.45 international-$ in 2021 prices.

That makes United States's figure about 1.6 times Iceland's.

Across all 6 years both countries report, United States has been ahead every year.

Iceland ranks 4th and United States ranks 1st 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.