Incidence of low and high pay — Low pay incidence in Iceland

Iceland: Incidence of low and high pay — Low pay incidence was 7.6 Percentage of full-time employment in 2018. ▲ Rising

Latest (2018)
7.6 Percentage of full-time employment
World rank
32nd
of 37 countries
All-time high
8.23 Percentage of full-time employment
in 2014
All-time low
6.45 Percentage of full-time employment
in 2010
Years of data
5
2002–2018

Incidence of low and high pay — Low pay incidence in Iceland, 2002–2018

024682002201020182002: 7.4 Percentage of full-time employment2006: 7.3 Percentage of full-time employment2010: 6.5 Percentage of full-time employment2014: 8.2 Percentage of full-time employment2018: 7.6 Percentage of full-time employment

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of full-time employment.

Analysis

The most recent figure for incidence of low and high pay — low pay incidence in Iceland is 7.6 Percentage of full-time employment, measured in 2018.

That represents a change of up 3.6% over ten years.

Over the whole period, incidence of low and high pay — low pay incidence in Iceland peaked at 8.23 Percentage of full-time employment in 2014 and was at its lowest, 6.45 Percentage of full-time employment, in 2010.

Iceland ranks 32nd of 37 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.36 Percentage of full-time employment 7.33 Percentage of full-time employment 7.39 Percentage of full-time employment 2
2010s 7.43 Percentage of full-time employment 6.45 Percentage of full-time employment 8.23 Percentage of full-time employment 3

Countries ranked near Iceland

  1. 29 Denmark 9.72 Percentage of full-time employment compare
  2. 30 Spain 9.51 Percentage of full-time employment compare
  3. 31 Costa Rica 8.84 Percentage of full-time employment compare
  4. 33 Brazil 7.06 Percentage of full-time employment compare
  5. 34 Norway 6.73 Percentage of full-time employment compare
  6. 35 Italy 5.63 Percentage of full-time employment compare

See the full ranking of 48 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is incidence of low and high pay — low pay incidence in Iceland?
Incidence of low and high pay — low pay incidence in Iceland was 7.6 Percentage of full-time employment in 2018, according to Organisation for Economic Co-operation and Development.
What is the highest incidence of low and high pay — low pay incidence recorded in Iceland?
The highest recorded value was 8.23 Percentage of full-time employment in 2014.
What is the lowest incidence of low and high pay — low pay incidence recorded in Iceland?
The lowest recorded value was 6.45 Percentage of full-time employment in 2010.
How does Iceland rank for incidence of low and high pay — low pay incidence?
Iceland ranks 32nd out of 37 countries with data for 2018.
Is incidence of low and high pay — low pay incidence rising or falling in Iceland?
Over the last ten years it is up 3.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Incidence of low and high pay — Low pay incidence. Statizoid updates them automatically from the source API.

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Incidence of low and high pay — Low pay incidence in Iceland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/incidence-of-low-and-high-pay-low-pay-incidence/iceland/

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About this data

Indicator
Incidence of low and high pay — Low pay incidence
Unit
Percentage of full-time employment
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 904 data points, 1973–2025
Last refreshed

This dataset contains series on the incidence of low-paid workers defined as the share of full-time workers earning less than two-thirds of gross median earnings of all full-time workers; the incidence of high-paid workers defined as the share of full-time workers earning more than one-and-half time gross median earnings of all full-time workers.