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 0.1363 in 2015. ▼ Falling

Latest (2015)
0.1363
Change on year
up 8.7%
World rank
34th
of 72 countries
All-time high
0.2584
in 2006
All-time low
0.1174
in 2010
Years of data
12
2004–2015

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

00.10.20.32004200920152004: 0.2242005: 0.2322006: 0.2582007: 0.242008: 0.2362009: 0.1462010: 0.1172011: 0.1212012: 0.1222013: 0.1222014: 0.1252015: 0.136

Source: World Bank.

Analysis

In 2015, median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland stood at 0.1363.

That represents a change of up 8.7% on the previous year and down 41.2% over ten years.

Over the whole period, median earnings per hour, aged 15-64, deflated to 2010 local currency in Iceland peaked at 0.2584 in 2006 and was at its lowest, 0.1174, in 2010.

Iceland ranks 34th of 72 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.

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, total in Iceland, 2004 to 2015.
Year Value Change
2004 0.2241
2005 0.2319 +3.5%
2006 0.2584 +11.4%
2007 0.2401 -7.1%
2008 0.2358 -1.8%
2009 0.1458 -38.2%
2010 0.1174 -19.5%
2011 0.1205 +2.6%
2012 0.1215 +0.9%
2013 0.1221 +0.5%
2014 0.1254 +2.7%
2015 0.1363 +8.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2227 0.1458 0.2584 6
2010s 0.1239 0.1174 0.1363 6

Countries ranked near Iceland

  1. 31 Germany 0.1438 compare
  2. 32 Cyprus 0.1426 compare
  3. 33 Luxembourg 0.1398 compare
  4. 35 Ireland 0.1351 compare
  5. 36 Sweden 0.1325 compare
  6. 37 United Kingdom of Great Britain and Northern Ireland 0.1244 compare

See the full ranking of 72 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 0.1363 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 0.2584 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 0.1174 in 2010.
How does Iceland rank for median earnings per hour, aged 15-64, deflated to 2010 local currency?
Iceland ranks 34th out of 72 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 41.2%. 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 15-64, deflated to 2010 local currency values, total. 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-total/iceland/

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About this data

Indicator
Median earnings per hour, aged 15-64, deflated to 2010 local currency values, total
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 977 data points, 1981–2021
Last refreshed