Median earnings per hour, aged 15-24, local currency values in Iceland

Iceland: Median earnings per hour, aged 15-24, local currency values was 8.9 in 2015. ▼ Falling

Latest (2015)
8.9
Change on year
up 22.9%
World rank
36th
of 71 countries
All-time high
10.83
in 2008
All-time low
5.94
in 2010
Years of data
12
2004–2015

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

02.557.5102004200920152004: 8.72005: 9.42006: 9.82007: 92008: 10.82009: 7.32010: 5.92011: 6.82012: 6.52013: 6.42014: 7.22015: 8.9

Source: World Bank.

Analysis

Iceland recorded 8.9 for median earnings per hour, aged 15-24, local currency values in 2015.

That represents a change of up 22.9% on the previous year and down 5.2% over ten years.

Over the whole period, median earnings per hour, aged 15-24, local currency values in Iceland peaked at 10.83 in 2008 and was at its lowest, 5.94, in 2010.

Iceland ranks 36th of 71 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.16 7.29 10.83 6
2010s 6.95 5.94 8.9 6

Countries ranked near Iceland

  1. 33 Turkey 9.38 compare
  2. 34 Guatemala 9.03 compare
  3. 35 Ireland 9.01 compare
  4. 37 United Kingdom 8.85 compare
  5. 38 Denmark 8.85 compare
  6. 39 Egypt 8.63 compare

See the full ranking of 71 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is median earnings per hour, aged 15-24, local currency values in Iceland?
Median earnings per hour, aged 15-24, local currency values in Iceland was 8.9 in 2015, according to the World Bank.
What is the highest median earnings per hour, aged 15-24, local currency values recorded in Iceland?
The highest recorded value was 10.83 in 2008.
What is the lowest median earnings per hour, aged 15-24, local currency values recorded in Iceland?
The lowest recorded value was 5.94 in 2010.
How does Iceland rank for median earnings per hour, aged 15-24, local currency values?
Iceland ranks 36th out of 71 countries with data for 2015.
Is median earnings per hour, aged 15-24, local currency values rising or falling in Iceland?
Over the last ten years it is down 5.2%. 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, local currency values. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Median earnings per hour, aged 15-24, local currency values
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 948 data points, 1970–2021
Last refreshed