Median earnings per hour, aged 15-64, local currency values, above in Iceland

Iceland: Median earnings per hour, aged 15-64, local currency values, above was 15.76 in 2015. ▼ Falling

Latest (2015)
15.76
Change on year
up 11.6%
World rank
35th
of 71 countries
All-time high
19.1
in 2008
All-time low
11.31
in 2010
Years of data
12
2004–2015

Median earnings per hour, aged 15-64, local currency values, above in Iceland, 2004–2015

051015202004200920152004: 13.92005: 14.92006: 17.72007: 17.32008: 19.12009: 13.32010: 11.32011: 12.12012: 12.72013: 13.32014: 14.12015: 15.8

Source: World Bank.

Analysis

The most recent figure for median earnings per hour, aged 15-64, local currency values, above in Iceland is 15.76, measured in 2015.

That represents a change of up 11.6% on the previous year and up 5.9% over ten years.

Over the whole period, median earnings per hour, aged 15-64, local currency values, above in Iceland peaked at 19.1 in 2008 and was at its lowest, 11.31, in 2010.

That places Iceland 35th out of 71 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, local currency values, above in Iceland, year by year

Annual values for Median earnings per hour, aged 15-64, local currency values, above primary education in Iceland, 2004 to 2015.
Year Value Change
2004 13.86
2005 14.88 +7.4%
2006 17.73 +19.2%
2007 17.32 -2.3%
2008 19.1 +10.3%
2009 13.28 -30.5%
2010 11.31 -14.8%
2011 12.06 +6.6%
2012 12.73 +5.5%
2013 13.32 +4.6%
2014 14.12 +6.0%
2015 15.76 +11.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.03 13.28 19.1 6
2010s 13.21 11.31 15.76 6

Countries ranked near Iceland

  1. 32 Guatemala 17.69 compare
  2. 33 Luxembourg 17.47 compare
  3. 34 Bolivia, Plurinational State of 16.78 compare
  4. 36 United Kingdom of Great Britain and Northern Ireland 14.84 compare
  5. 37 Republic of Moldova 14.38 compare
  6. 38 Germany 14.17 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 15-64, local currency values, above in Iceland?
Median earnings per hour, aged 15-64, local currency values, above in Iceland was 15.76 in 2015, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, local currency values, above recorded in Iceland?
The highest recorded value was 19.1 in 2008.
What is the lowest median earnings per hour, aged 15-64, local currency values, above recorded in Iceland?
The lowest recorded value was 11.31 in 2010.
How does Iceland rank for median earnings per hour, aged 15-64, local currency values, above?
Iceland ranks 35th out of 71 countries with data for 2015.
Is median earnings per hour, aged 15-64, local currency values, above rising or falling in Iceland?
Over the last ten years it is up 5.9%. 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, local currency values, above primary education. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, local currency values, above in Iceland. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-local-currency-values-above-primary-education/iceland/

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About this data

Indicator
Median earnings per hour, aged 15-64, local currency values, above primary education
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 950 data points, 1970–2021
Last refreshed