Pay compression ratio in private sector in Iceland
Iceland: Pay compression ratio in private sector was 5.7% in 2013. ▼ Falling
Latest (2013)
5.7%
Change on year
up 6.3%
World rank
28th
of 60 countries
All-time high
7.6%
in 2004
All-time low
4.7%
in 2009
Years of data
10
2004–2013
Pay compression ratio in private sector in Iceland, 2004–2013
Source: World Bank. Measured in ratio of 90th/10th percentile earners.
Analysis
In 2013, pay compression ratio in private sector in Iceland stood at 5.7%.
Compared with earlier readings it is up 6.3% on the previous year and down 25.8% over ten years.
Over the whole period, pay compression ratio in private sector in Iceland peaked at 7.6% in 2004 and was at its lowest, 4.7%, in 2009.
Iceland ranks 28th of 60 countries on this measure, in the middle of the range.
Pay compression ratio in private sector in Iceland, year by year
| Year | ratio of 90th/10th percentile earners | Change |
|---|---|---|
| 2004 | 7.6% | — |
| 2005 | 6.9% | -9.0% |
| 2006 | 5.0% | -27.5% |
| 2007 | 5.6% | +10.7% |
| 2008 | 5.0% | -10.3% |
| 2009 | 4.7% | -6.1% |
| 2010 | 5.4% | +14.3% |
| 2011 | 5.7% | +6.5% |
| 2012 | 5.3% | -6.9% |
| 2013 | 5.7% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 4.7% | 7.6% | 6 |
| 2010s | 5.5% | 5.3% | 5.7% | 4 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is pay compression ratio in private sector in Iceland?
- Pay compression ratio in private sector in Iceland was 5.7% in 2013, according to the World Bank.
- What is the highest pay compression ratio in private sector recorded in Iceland?
- The highest recorded value was 7.6% in 2004.
- What is the lowest pay compression ratio in private sector recorded in Iceland?
- The lowest recorded value was 4.7% in 2009.
- How does Iceland rank for pay compression ratio in private sector?
- Iceland ranks 28th out of 60 countries with data for 2013.
- Is pay compression ratio in private sector rising or falling in Iceland?
- Over the last ten years it is down 25.8%. 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 Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).