Relative wage of Professionals (using clerk as reference) in private in Iceland

Iceland: Relative wage of Professionals (using clerk as reference) in private was 1.69 in 2013. ▼ Falling

Latest (2013)
1.69
Change on year
up 4.4%
World rank
26th
of 58 countries
All-time high
1.86
in 2004
All-time low
1.56
in 2010
Years of data
10
2004–2013

Relative wage of Professionals (using clerk as reference) in private in Iceland, 2004–2013

00.511.522004200820132004: 1.92005: 1.82006: 1.62007: 1.62008: 1.72009: 1.72010: 1.62011: 1.72012: 1.62013: 1.7

Source: World Bank.

Analysis

Iceland recorded 1.69 for relative wage of professionals (using clerk as reference) in private in 2013.

That represents a change of up 4.4% on the previous year and down 8.7% over ten years.

Over the whole period, relative wage of professionals (using clerk as reference) in private in Iceland peaked at 1.86 in 2004 and was at its lowest, 1.56, in 2010.

Iceland ranks 26th of 58 countries on this measure, in the middle of the range.

Relative wage of Professionals (using clerk as reference) in private in Iceland, year by year

Annual values for Relative wage of Professionals (using clerk as reference) in private sector in Iceland, 2004 to 2013.
Year Value Change
2004 1.86 —
2005 1.82 -2.0%
2006 1.56 -14.3%
2007 1.57 +0.5%
2008 1.72 +9.7%
2009 1.68 -2.3%
2010 1.56 -7.3%
2011 1.67 +7.6%
2012 1.62 -3.0%
2013 1.69 +4.4%

Iceland compared with similar countries

  • Iceland's 1.69 is above the median for high income countries, which is 1.69, 1.0× the median. (31 countries reporting)
  • Iceland's 1.69 is above the median for Europe & Central Asia, which is 1.64, 1.0× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.7 1.56 1.86 6
2010s 1.64 1.56 1.69 4

Countries ranked near Iceland

  1. 23 Mexico 1.74 compare
  2. 24 Paraguay 1.71 compare
  3. 25 Czechia 1.71 compare
  4. 27 Lithuania 1.68 compare
  5. 28 Estonia 1.64 compare
  6. 29 Malta 1.64 compare

See the full ranking of 58 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is relative wage of professionals (using clerk as reference) in private in Iceland?
Relative wage of professionals (using clerk as reference) in private in Iceland was 1.69 in 2013, according to the World Bank.
What is the highest relative wage of professionals (using clerk as reference) in private recorded in Iceland?
The highest recorded value was 1.86 in 2004.
What is the lowest relative wage of professionals (using clerk as reference) in private recorded in Iceland?
The lowest recorded value was 1.56 in 2010.
How does Iceland rank for relative wage of professionals (using clerk as reference) in private?
Iceland ranks 26th out of 58 countries with data for 2013.
Is relative wage of professionals (using clerk as reference) in private rising or falling in Iceland?
Over the last ten years it is down 8.7%. 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 Relative wage of Professionals (using clerk as reference) in private sector. Statizoid updates them automatically from the source API.

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Relative wage of Professionals (using clerk as reference) in private in Iceland. Statizoid. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/relative-wage-of-professionals-using-clerk-as-reference-in-private-sector/iceland/

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About this data

Indicator
Relative wage of Professionals (using clerk as reference) in private sector
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 672 data points, 2000–2021
Last refreshed