Net Average Monthly Wage (USD) reached 3,370 USD in 2014 in Iceland. This is 11.2 % more than in the previous year.
Historically, Net Average Monthly Wage (USD) in Iceland reached an all time high of 4,832 USD in 2007 and an all time low of 1,887 USD in 2001. When compared to Iceland's main peers, Net Average Monthly Wage (USD) in Denmark amounted to 3,548 USD, 4,748 USD in Norway, 3,614 USD in Sweden and 2,756 USD in United Kingdom in 2014.
Iceland has been ranked 8th within the group of 34 countries we follow in terms of Net Average Monthly Wage (USD), 3 places behind the position seen 10 years ago.
Net average monthly wage is a sum of money after taxes, general health insurance, social security or pension funds are paid.