Low pay rate in Iceland
Iceland: Low pay rate was 0 in 2022. ▼ Falling
Low pay rate in Iceland, 2002–2022
Source: International Labour Organization.
Analysis
The most recent figure for low pay rate in Iceland is 0, measured in 2022. That is the lowest value across all 6 years on record.
The figure is down 100.0% over ten years.
Over the whole period, low pay rate in Iceland peaked at 8.22 in 2014 and was at its lowest, 0, in 2022.
Iceland ranks 81st of 84 countries on this measure, in the bottom quarter.
Low pay rate in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 7.39 | — |
| 2006 | 7.33 | -0.7% |
| 2010 | 6.45 | -12.0% |
| 2014 | 8.22 | +27.5% |
| 2018 | 7.6 | -7.6% |
| 2022 | 0 | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.36 | 7.33 | 7.39 | 2 |
| 2010s | 7.42 | 6.45 | 8.22 | 3 |
| 2020s | 0 | 0 | 0 | 1 |
Countries ranked near Iceland
More gender data for Iceland
- Child population (UN estimates and projections) 69.14 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -0.228 % change on previous year (2030)
- Age population, age 00, female, interpolated 2,155 (2025)
- Age population, age 00, male, interpolated 2,290 (2025)
- Age population, age 01, female, interpolated 2,184 (2025)
- Age population, age 01, male, interpolated 2,324 (2025)
- Age population, age 02, female, interpolated 2,211 (2025)
- Age population, age 02, male, interpolated 2,349 (2025)
- Age population, age 03, female, interpolated 2,353 (2025)
- Age population, age 03, male, interpolated 2,500 (2025)
Frequently asked questions
- What is low pay rate in Iceland?
- Low pay rate in Iceland was 0 in 2022, according to International Labour Organization.
- What is the highest low pay rate recorded in Iceland?
- The highest recorded value was 8.22 in 2014.
- What is the lowest low pay rate recorded in Iceland?
- The lowest recorded value was 0 in 2022.
- How does Iceland rank for low pay rate?
- Iceland ranks 81st out of 84 countries with data for 2022.
- Is low pay rate rising or falling in Iceland?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Low pay rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This measure of earnings dispersion refers to the proportion of employees whose hourly earnings at all jobs were less than two-thirds of median hourly earnings. For more information, refer to the Wages and Working Time Statistics (COND) database description.