Hourly labour cost, Iceland

Hourly labour cost in Iceland was EUR 59 in 2025. That is +EUR 6 against 2024. Source: Eurostat lc_lci_lev, published 2026-04-23.

What the number means

What an employer pays on average for one hour of work, wages and employer contributions included.

Earlier periods

PeriodValue
2025EUR 59
2024EUR 53
2023EUR 50
2022EUR 48
2021EUR 43
2020EUR 38
2016EUR 36
2012EUR 23
2008EUR 22

Source

Eurostat, the statistical office of the European Union. Open the table at Eurostat

The clean address is the one that is indexed. The parameter form points at the same page.

Other series for this region

Same series, other regions

Hourly labour cost

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