Mean and median income by educational attainment level in Iceland
Iceland: Mean and median income by educational attainment level was 35,999 Euro in 2020. ▲ Rising
Latest (2020)
35,999 Euro
Change on year
down 4.8%
World rank
5th
of 49 countries
All-time high
41,111 Euro
in 2018
All-time low
19,755 Euro
in 2010
Years of data
17
2004–2020
Mean and median income by educational attainment level in Iceland, 2004–2020
Source: Eurostat. Measured in Euro.
Analysis
Iceland recorded 35,999 Euro for mean and median income by educational attainment level in 2020.
That represents a change of down 4.8% on the previous year and up 82.2% over ten years.
Over the whole period, mean and median income by educational attainment level in Iceland peaked at 41,111 Euro in 2018 and was at its lowest, 19,755 Euro, in 2010.
Iceland ranks 5th of 49 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Mean and median income by educational attainment level in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 2004 | 23,710 Euro | — |
| 2005 | 25,917 Euro | +9.3% |
| 2006 | 31,564 Euro | +21.8% |
| 2007 | 31,539 Euro | -0.1% |
| 2008 | 35,464 Euro | +12.4% |
| 2009 | 24,334 Euro | -31.4% |
| 2010 | 19,755 Euro | -18.8% |
| 2011 | 19,835 Euro | +0.4% |
| 2012 | 20,682 Euro | +4.3% |
| 2013 | 22,517 Euro | +8.9% |
| 2014 | 24,270 Euro | +7.8% |
| 2015 | 26,192 Euro | +7.9% |
| 2016 | 30,232 Euro | +15.4% |
| 2017 | 35,664 Euro | +18.0% |
| 2018 | 41,111 Euro | +15.3% |
| 2019 | 37,804 Euro | -8.0% |
| 2020 | 35,999 Euro | -4.8% |
Iceland compared with similar countries
- Iceland's 35,999 Euro is above the median for Europe & Central Asia, which is 18,216 Euro, 2.0× the median. (34 countries reporting)
- Iceland's 35,999 Euro is above the median for high income countries, which is 19,623 Euro, 1.8× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28,755 Euro | 23,710 Euro | 35,464 Euro | 6 |
| 2010s | 27,806 Euro | 19,755 Euro | 41,111 Euro | 10 |
| 2020s | 35,999 Euro | 35,999 Euro | 35,999 Euro | 1 |
Countries ranked near Iceland
- 2 Norway 40,751 Euro compare
- 3 Luxembourg 40,378 Euro compare
- 4 Denmark 36,189 Euro compare
- 6 Netherlands 33,026 Euro compare
- 6 Netherlands 33,026 Euro compare
- 8 Ireland 31,931 Euro compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is mean and median income by educational attainment level in Iceland?
- Mean and median income by educational attainment level in Iceland was 35,999 Euro in 2020, according to Eurostat.
- What is the highest mean and median income by educational attainment level recorded in Iceland?
- The highest recorded value was 41,111 Euro in 2018.
- What is the lowest mean and median income by educational attainment level recorded in Iceland?
- The lowest recorded value was 19,755 Euro in 2010.
- How does Iceland rank for mean and median income by educational attainment level?
- Iceland ranks 5th out of 49 countries with data for 2020.
- Is mean and median income by educational attainment level rising or falling in Iceland?
- Over the last ten years it is up 82.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Mean and median income by educational attainment level. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).