Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Iceland

Iceland: Real median earnings per hour, aged 15-64, deflated to 2010 and PPP was 0.001 in 2015. ▼ Falling

Latest (2015)
0.001
Change on year
up 8.2%
World rank
61st
of 64 countries
All-time high
0.0019
in 2006
All-time low
0.0009
in 2010
Years of data
12
2004–2015

Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Iceland, 2004–2015

00.0010.0010.0020.0022004200920152004: 0.0022005: 0.0022006: 0.0022007: 0.0022008: 0.0022009: 0.0012010: 0.0012011: 0.0012012: 0.0012013: 0.0012014: 0.0012015: 0.001

Source: World Bank.

Analysis

Iceland recorded 0.001 for real median earnings per hour, aged 15-64, deflated to 2010 and ppp in 2015.

The figure is up 8.2% on the previous year and down 42.9% over ten years.

Over the whole period, real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Iceland peaked at 0.0019 in 2006 and was at its lowest, 0.0009, in 2010.

Iceland ranks 61st of 64 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 15-64, deflated to 2010 and PPP in Iceland, year by year

Annual values for Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, urban in Iceland, 2004 to 2015.
Year Value Change
2004 0.0017
2005 0.0017 +3.4%
2006 0.0019 +12.0%
2007 0.0018 -7.0%
2008 0.0018 -0.4%
2009 0.0011 -38.2%
2010 0.0009 -20.5%
2011 0.0009 +2.5%
2012 0.0009 +0.5%
2013 0.0009 +0.0%
2014 0.0009 +0.4%
2015 0.001 +8.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0017 0.0011 0.0019 6
2010s 0.0009 0.0009 0.001 6

Countries ranked near Iceland

  1. 58 Croatia 0.0075 compare
  2. 59 Rwanda 0.0071 compare
  3. 60 Czechia 0.0025 compare
  4. 62 Mongolia 0.0009 compare
  5. 63 Hungary 0.0002 compare
  6. 64 Cambodia 0 compare

See the full ranking of 64 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Iceland?
Real median earnings per hour, aged 15-64, deflated to 2010 and ppp in Iceland was 0.001 in 2015, according to the World Bank.
What is the highest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in Iceland?
The highest recorded value was 0.0019 in 2006.
What is the lowest real median earnings per hour, aged 15-64, deflated to 2010 and ppp recorded in Iceland?
The lowest recorded value was 0.0009 in 2010.
How does Iceland rank for real median earnings per hour, aged 15-64, deflated to 2010 and ppp?
Iceland ranks 61st out of 64 countries with data for 2015.
Is real median earnings per hour, aged 15-64, deflated to 2010 and ppp rising or falling in Iceland?
Over the last ten years it is down 42.9%. 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 Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, urban. Statizoid updates them automatically from the source API.

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Real median earnings per hour, aged 15-64, deflated to 2010 and PPP in Iceland. Statizoid. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/real-median-earnings-per-hour-aged-15-64-deflated-to-2010-and-ppp-adjusted-urban/iceland/

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About this data

Indicator
Real median earnings per hour, aged 15-64, deflated to 2010 and PPP adjusted, urban
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
64 places, 843 data points, 1990–2021
Last refreshed