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

Iceland: Median earnings per hour, aged 15-64, local currency values, rural was 14.14 in 2015. β–Ό Falling

Latest (2015)
14.14
Change on year
up 12.8%
World rank
31st
of 65 countries
All-time high
16.93
in 2008
All-time low
10.24
in 2010
Years of data
12
2004–2015

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

0510152004200920152004: 12.52005: 13.62006: 16.42007: 15.82008: 16.92009: 122010: 10.22011: 11.12012: 11.72013: 12.32014: 12.52015: 14.1

Source: World Bank.

Analysis

Iceland recorded 14.14 for median earnings per hour, aged 15-64, local currency values, rural in 2015.

The figure is up 12.8% on the previous year and up 4.0% over ten years.

Over the whole period, median earnings per hour, aged 15-64, local currency values, rural in Iceland peaked at 16.93 in 2008 and was at its lowest, 10.24, in 2010.

Iceland ranks 31st of 65 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 14.53 11.95 16.93 6
2010s 12 10.24 14.14 6

Countries ranked near Iceland

  1. 28 Finland 16.46 compare
  2. 29 Luxembourg 15.54 compare
  3. 30 Bolivia 14.98 compare
  4. 32 Ireland 13.7 compare
  5. 33 United Kingdom 13.32 compare
  6. 34 Sweden 12.84 compare

See the full ranking of 65 places β†’

More reference data data for Iceland

All data for Iceland β†’

Frequently asked questions

What is median earnings per hour, aged 15-64, local currency values, rural in Iceland?
Median earnings per hour, aged 15-64, local currency values, rural in Iceland was 14.14 in 2015, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, local currency values, rural recorded in Iceland?
The highest recorded value was 16.93 in 2008.
What is the lowest median earnings per hour, aged 15-64, local currency values, rural recorded in Iceland?
The lowest recorded value was 10.24 in 2010.
How does Iceland rank for median earnings per hour, aged 15-64, local currency values, rural?
Iceland ranks 31st out of 65 countries with data for 2015.
Is median earnings per hour, aged 15-64, local currency values, rural rising or falling in Iceland?
Over the last ten years it is up 4.0%. 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, local currency values, rural. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, local currency values, rural in Iceland. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-local-currency-values-rural/iceland/

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About this data

Indicator
Median earnings per hour, aged 15-64, local currency values, rural
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
65 places, 872 data points, 1981–2021
Last refreshed