Remuneration of health professionals — Annual income in Iceland
Iceland: Remuneration of health professionals — Annual income was 2.61 Factor of GDP per capita in 2021. ▬ Flat
Remuneration of health professionals — Annual income in Iceland, 2005–2021
Source: Organisation for Economic Co-operation and Development. Measured in Factor of GDP per capita.
Analysis
In 2021, remuneration of health professionals — annual income in Iceland stood at 2.61 Factor of GDP per capita.
The figure is down 5.1% on the previous year and up 14.0% over ten years.
Over the whole period, remuneration of health professionals — annual income in Iceland peaked at 2.83 Factor of GDP per capita in 2005 and was at its lowest, 2.27 Factor of GDP per capita, in 2013.
Remuneration of health professionals — Annual income in Iceland, year by year
| Year | Factor of GDP per capita | Change |
|---|---|---|
| 2005 | 2.83 Factor of GDP per capita | — |
| 2007 | 2.45 Factor of GDP per capita | -13.4% |
| 2008 | 2.45 Factor of GDP per capita | +0.0% |
| 2009 | 2.48 Factor of GDP per capita | +1.2% |
| 2010 | 2.3 Factor of GDP per capita | -7.3% |
| 2011 | 2.29 Factor of GDP per capita | -0.4% |
| 2012 | 2.35 Factor of GDP per capita | +2.6% |
| 2013 | 2.27 Factor of GDP per capita | -3.4% |
| 2014 | 2.35 Factor of GDP per capita | +3.5% |
| 2015 | 2.57 Factor of GDP per capita | +9.4% |
| 2016 | 2.49 Factor of GDP per capita | -3.1% |
| 2017 | 2.49 Factor of GDP per capita | +0.0% |
| 2018 | 2.51 Factor of GDP per capita | +0.8% |
| 2019 | 2.57 Factor of GDP per capita | +2.4% |
| 2020 | 2.75 Factor of GDP per capita | +7.0% |
| 2021 | 2.61 Factor of GDP per capita | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.55 Factor of GDP per capita | 2.45 Factor of GDP per capita | 2.83 Factor of GDP per capita | 4 |
| 2010s | 2.42 Factor of GDP per capita | 2.27 Factor of GDP per capita | 2.57 Factor of GDP per capita | 10 |
| 2020s | 2.68 Factor of GDP per capita | 2.61 Factor of GDP per capita | 2.75 Factor of GDP per capita | 2 |
Countries ranked near Iceland
- 2 Luxembourg 3.39 Factor of GDP per capita compare
- 2 Poland 2.23 Factor of GDP per capita compare
- 3 Chile 2.92 Factor of GDP per capita compare
- 3 Netherlands 2.17 Factor of GDP per capita compare
- 4 Hungary 2.67 Factor of GDP per capita compare
- 4 Slovenia 2.11 Factor of GDP per capita compare
- 5 Estonia 1.74 Factor of GDP per capita compare
- 6 Costa Rica 2.41 Factor of GDP per capita compare
- 6 Spain 2.41 Factor of GDP per capita compare
- 8 Colombia 2.22 Factor of GDP per capita compare
More economy & growth data for Iceland
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is remuneration of health professionals — annual income in Iceland?
- Remuneration of health professionals — annual income in Iceland was 2.61 Factor of GDP per capita in 2021, according to Organisation for Economic Co-operation and Development.
- What is the highest remuneration of health professionals — annual income recorded in Iceland?
- The highest recorded value was 2.83 Factor of GDP per capita in 2005.
- What is the lowest remuneration of health professionals — annual income recorded in Iceland?
- The lowest recorded value was 2.27 Factor of GDP per capita in 2013.
- How does Iceland rank for remuneration of health professionals — annual income?
- Iceland ranks 5th out of 15 countries with data for 2021.
- Is remuneration of health professionals — annual income rising or falling in Iceland?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Remuneration of health professionals — Annual income. Statizoid updates them automatically from the source API.
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About this data
This dataset provides data on the remuneration of health professionals by category (ie. general practitioners, specialists, and hospital nurses) and by status (ie. salaried and self-employed). General practice includes fully-qualified general practitioners (GPs). Physicians in training should normally be excluded. Specialists include fully-qualified physicians who have specialised and work primarily in areas other than general practice. Physicians in training should normally be excluded. Salaried hospital nurses include registered nurses actively practising in public and private hospitals and who receive most of their income via a salary. Salaried: Employees and who receive most of their income via a salary. Self-employed: Physicians who are primarily non-salaried. That is, they are either self-employed, or operate independently, usually receiving (mainly) either capitation or fee-for-service reimbursement. For physicians who are both salaried and operate in a self-employed or independent capacity, they are presented in the category under which they receive the majority of their compensation. Remuneration is defined as the average gross annual income, including social security contributions and income taxes payable by the employee. NOTE: Average salaries for healthcare professionals are now converted to USD PPPs using PPPs for private consumption to bring them in line with average earnings calculations across the OECD. Please refer to the Sources and Methods for detailed country-specific information.