Median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland

Iceland: Median earnings per hour, aged 15-64, deflated to 2010 local currency was 0.0952 in 2015. ▼ Falling

Latest (2015)
0.0952
Change on year
down 18.2%
World rank
30th
of 64 countries
All-time high
0.2258
in 2006
All-time low
0.0772
in 2010
Years of data
12
2004–2015

Median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland, 2004–2015

0.10.150.20.252004200920152004: 0.1552005: 0.1872006: 0.2262007: 0.2092008: 0.192009: 0.0982010: 0.0772011: 0.0962012: 0.0872013: 0.0942014: 0.1162015: 0.095

Source: World Bank.

Analysis

The most recent figure for median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland is 0.0952, measured in 2015.

Compared with earlier readings it is down 18.2% on the previous year and down 49.0% over ten years.

Over the whole period, median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland peaked at 0.2258 in 2006 and was at its lowest, 0.0772, in 2010.

That places Iceland 30th out of 64 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 15-64, deflated to 2010 local currency in Iceland, year by year

Annual values for Median earnings per hour, aged 15-64, deflated to 2010 local currency values, primary education and below in Iceland, 2004 to 2015.
Year Value Change
2004 0.1549
2005 0.1867 +20.5%
2006 0.2258 +20.9%
2007 0.2089 -7.5%
2008 0.1899 -9.1%
2009 0.0975 -48.7%
2010 0.0772 -20.8%
2011 0.0964 +24.8%
2012 0.0866 -10.2%
2013 0.0939 +8.4%
2014 0.1163 +23.9%
2015 0.0952 -18.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1773 0.0975 0.2258 6
2010s 0.0943 0.0772 0.1163 6

Countries ranked near Iceland

  1. 27 Sweden 0.1092 compare
  2. 28 Palestine, State of 0.1055 compare
  3. 29 Luxembourg 0.0996 compare
  4. 31 Bolivia, Plurinational State of 0.0897 compare
  5. 32 France 0.0871 compare
  6. 33 Republic of Moldova 0.0826 compare

See the full ranking of 64 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland?
Median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland was 0.0952 in 2015, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Iceland?
The highest recorded value was 0.2258 in 2006.
What is the lowest median earnings per hour, aged 15-64, deflated to 2010 local currency recorded in Iceland?
The lowest recorded value was 0.0772 in 2010.
How does Iceland rank for median earnings per hour, aged 15-64, deflated to 2010 local currency?
Iceland ranks 30th out of 64 countries with data for 2015.
Is median earnings per hour, aged 15-64, deflated to 2010 local currency rising or falling in Iceland?
Over the last ten years it is down 49.0%. 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 15-64, deflated to 2010 local currency values, primary education and below. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-deflated-to-2010-local-currency-values-primary/iceland/

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About this data

Indicator
Median earnings per hour, aged 15-64, deflated to 2010 local currency values, primary education and below
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
64 places, 869 data points, 1981–2021
Last refreshed