Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Iceland

Iceland: Real median earnings per hour, aged 15-24, deflated to 2010 and PPP was 0.0006 in 2015. ▼ Falling

Latest (2015)
0.0006
Change on year
up 20.2%
World rank
65th
of 67 countries
All-time high
0.001
in 2005
All-time low
0.0004
in 2013
Years of data
12
2004–2015

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Iceland, 2004–2015

000.0010.0010.0012004200920152004: 0.0012005: 0.0012006: 0.0012007: 0.0012008: 0.0012009: 0.0012010: 02011: 02012: 02013: 02014: 02015: 0.001

Source: World Bank.

Analysis

The most recent figure for real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Iceland is 0.0006, measured in 2015.

Compared with earlier readings it is up 20.2% on the previous year and down 46.2% over ten years.

Over the whole period, real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Iceland peaked at 0.001 in 2005 and was at its lowest, 0.0004, in 2013.

Iceland ranks 65th of 67 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Iceland, year by year

Annual values for Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted in Iceland, 2004 to 2015.
Year Value Change
2004 0.001
2005 0.001 +3.2%
2006 0.001 -2.5%
2007 0.0009 -10.8%
2008 0.0009 +5.1%
2009 0.0006 -38.8%
2010 0.0004 -23.9%
2011 0.0005 +9.8%
2012 0.0004 -8.7%
2013 0.0004 -5.7%
2014 0.0005 +11.3%
2015 0.0006 +20.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0009 0.0006 0.001 6
2010s 0.0005 0.0004 0.0006 6

Countries ranked near Iceland

  1. 62 Rwanda 0.0034 compare
  2. 63 Czechia 0.0018 compare
  3. 64 Mongolia 0.0014 compare
  4. 66 Hungary 0.0001 compare
  5. 67 Cambodia 0 compare

See the full ranking of 67 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Iceland?
Real median earnings per hour, aged 15-24, deflated to 2010 and ppp in Iceland was 0.0006 in 2015, according to the World Bank.
What is the highest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Iceland?
The highest recorded value was 0.001 in 2005.
What is the lowest real median earnings per hour, aged 15-24, deflated to 2010 and ppp recorded in Iceland?
The lowest recorded value was 0.0004 in 2013.
How does Iceland rank for real median earnings per hour, aged 15-24, deflated to 2010 and ppp?
Iceland ranks 65th out of 67 countries with data for 2015.
Is real median earnings per hour, aged 15-24, deflated to 2010 and ppp rising or falling in Iceland?
Over the last ten years it is down 46.2%. 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 Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-24, deflated to 2010 and PPP in Iceland. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-24-deflated-to-2010-and-ppp-adjusted/iceland/

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About this data

Indicator
Real median earnings per hour, aged 15-24, deflated to 2010 and PPP adjusted
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
67 places, 885 data points, 1990–2021
Last refreshed