Minimum wage per month | Iceland – yearly data, chart and table
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Primary data
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In local currency
Percentage of GDP per capita
Table
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Overview
The minimum monthly wage in Iceland in 2024 amounted to 3 127.60 USD, which is 7.26% more than in 2023, when it was 2 916.00 USD. Over the whole period of statistics since 2020, this indicator has increased in 1.19 times. The lowest minimum wage per month was recorded in 2022, when it was 2 590.82 USD.
