Economy
Source: OECD (via DBnomics). · updated 2024-12-31
Iceland's average wages stands at 89,947 as of 2024-12-31, up from 89,721 in 2023. Historical data runs from 1990 to 2024 (35 observations).
In 2024, Iceland's average wages was 89,947, up from 89,721 in 2023.
In 2023, Iceland's average wages was 89,721, down from 92,240 in 2022.
In 2022, Iceland's average wages was 92,240, up from 86,206 in 2021.
In 2021, Iceland's average wages was 86,206, up from 82,713 in 2020.
In 2020, Iceland's average wages was 82,713, down from 88,098 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 89,947 | +225.56 |
| 2023 | 89,721 | -2,519 |
| 2022 | 92,240 | +6,034 |
| 2021 | 86,206 | +3,493 |
| 2020 | 82,713 | -5,384 |
| 2019 | 88,098 | -2,924 |
| 2018 | 91,022 | +4,807 |
| 2017 | 86,215 | +7,494 |
| 2016 | 78,721 | +5,833 |
| 2015 | 72,888 | +4,507 |
| 2014 | 68,381 | +953.41 |
| 2013 | 67,428 | +1,001 |
| 2012 | 66,427 | -366.57 |
| 2011 | 66,794 | +2,733 |
| 2010 | 64,061 | +1,877 |
| 2009 | 62,183 | -11,383 |
| 2008 | 73,566 | -9,419 |
| 2007 | 82,986 | +2,419 |
| 2006 | 80,566 | +4,026 |
| 2005 | 76,540 | +5,509 |
| 2004 | 71,030 | +4,045 |
| 2003 | 66,985 | -1,745 |
| 2002 | 68,731 | +1,920 |
| 2001 | 66,811 | -515.62 |
| 2000 | 67,326 | +2,002 |
| 1999 | 65,324 | +2,919 |
| 1998 | 62,405 | +5,859 |
| 1997 | 56,547 | +2,301 |
| 1996 | 54,246 | +1,667 |
| 1995 | 52,579 | +1,237 |
| 1994 | 51,343 | +1,013 |
| 1993 | 50,330 | -2,809 |
| 1992 | 53,138 | -1,908 |
| 1991 | 55,047 | +4,130 |
| 1990 | 50,917 | — |
Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's average wages is 89,947 as of 2024-12-31, compared with 89,721 in 2023. Source: OECD (via DBnomics).
The highest recorded value is 92,240 (2022); the lowest is 50,330 (1993), across data from 1990 to 2024.
Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.