Median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland

Iceland: Median earnings per hour, aged 15-24, deflated to 2010 local currency was 0.0786 in 2015. ▼ Falling

Latest (2015)
0.0786
Change on year
up 20.2%
World rank
33rd
of 67 countries
All-time high
0.146
in 2005
All-time low
0.0588
in 2013
Years of data
12
2004–2015

Median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland, 2004–2015

00.050.10.152004200920152004: 0.1412005: 0.1462006: 0.1422007: 0.1272008: 0.1342009: 0.0822010: 0.0622011: 0.0682012: 0.0622013: 0.0592014: 0.0652015: 0.079

Source: World Bank.

Analysis

In 2015, median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland stood at 0.0786.

That represents a change of up 20.2% on the previous year and down 46.2% over ten years.

Over the whole period, median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland peaked at 0.146 in 2005 and was at its lowest, 0.0588, in 2013.

That places Iceland 33rd out of 67 countries with data for 2015, putting it in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland, year by year

Annual values for Median earnings per hour, aged 15-24, deflated to 2010 local currency values in Iceland, 2004 to 2015.
Year Value Change
2004 0.1414
2005 0.146 +3.2%
2006 0.1423 -2.5%
2007 0.127 -10.8%
2008 0.1335 +5.1%
2009 0.0817 -38.8%
2010 0.0622 -23.9%
2011 0.0683 +9.8%
2012 0.0623 -8.7%
2013 0.0588 -5.7%
2014 0.0654 +11.3%
2015 0.0786 +20.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1286 0.0817 0.146 6
2010s 0.0659 0.0588 0.0786 6

Countries ranked near Iceland

  1. 30 Bolivia, Plurinational State of 0.0847 compare
  2. 31 United Kingdom of Great Britain and Northern Ireland 0.0826 compare
  3. 32 Palestine, State of 0.0791 compare
  4. 34 Luxembourg 0.0782 compare
  5. 35 Netherlands 0.0676 compare
  6. 36 Guatemala 0.0671 compare

See the full ranking of 67 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland?
Median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland was 0.0786 in 2015, according to the World Bank.
What is the highest median earnings per hour, aged 15-24, deflated to 2010 local currency recorded in Iceland?
The highest recorded value was 0.146 in 2005.
What is the lowest median earnings per hour, aged 15-24, deflated to 2010 local currency recorded in Iceland?
The lowest recorded value was 0.0588 in 2013.
How does Iceland rank for median earnings per hour, aged 15-24, deflated to 2010 local currency?
Iceland ranks 33rd out of 67 countries with data for 2015.
Is median earnings per hour, aged 15-24, deflated to 2010 local currency rising or falling in Iceland?
Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Median earnings per hour, aged 15-24, deflated to 2010 local currency values. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-24, deflated to 2010 local currency in Iceland. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-24-deflated-to-2010-local-currency-values/iceland/

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About this data

Indicator
Median earnings per hour, aged 15-24, deflated to 2010 local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 910 data points, 1981–2021
Last refreshed