Iceland vs Republic of Korea: Average hourly earnings of male and female employees
Iceland
29.89 international-$ in 2021 prices
in 2022
Republic of Korea
31.21 international-$ in 2021 prices
in 2022
Iceland rank
5th
Republic of Korea rank
4th
Average hourly earnings of male and female employees over time
- Iceland
- Republic of Korea
How they compare
Republic of Korea currently reports 31.21 international-$ in 2021 prices against 29.89 international-$ in 2021 prices in Iceland, a difference of 1.32 international-$ in 2021 prices.
The two have swapped places 2 times across 6 shared years of data; in 2014 it was Republic of Korea ahead.
Iceland ranks 5th and Republic of Korea ranks 4th of 64 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 22.28 international-$ in 2021 prices | 22.01 international-$ in 2021 prices | 0.2715 international-$ in 2021 prices | Iceland |
| 2020s | 28.74 international-$ in 2021 prices | 28.5 international-$ in 2021 prices | 0.244 international-$ in 2021 prices | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly earnings of male and female employees, Iceland or Republic of Korea?
- Republic of Korea, at 31.21 international-$ in 2021 prices against 29.89 international-$ in 2021 prices in Iceland as of 2022.
- What is the difference in average hourly earnings of male and female employees between Iceland and Republic of Korea?
- 1.32 international-$ in 2021 prices, with Republic of Korea ahead.
- How many years of comparable data are there for Iceland and Republic of Korea?
- 6 years are reported by both, from 2014 to 2022.
- How do Iceland and Republic of Korea rank globally for average hourly earnings of male and female employees?
- Iceland ranks 5th and Republic of Korea ranks 4th of 64 countries.
- Where does this data come from?
- International Labour Organization (2026) – with major processing by Our World in Data, published as Average hourly earnings of male and female employees. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross remuneration for time worked or work done, vacation, and other types of paid leave.