Iceland, Hourly labour cost 2025: EUR 59

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.

Questions and answers

What is the latest figure for Hourly labour cost in Iceland?

EUR 59 (2025), according to Eurostat.

How does Iceland rank in Europe?

Rank 1 of 30 European countries with data for 2025, from highest to lowest.

How has it changed since 2024?

From EUR 53 to EUR 59, a change of +EUR 6.

What the number means

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

Earlier periods

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.

EU rules behind this number

• AI Act, Regulation (EU) 2024/1689 (Annex III, point 4): AI used for hiring, promotion or dismissal is high-risk under the AI Act. Duties, exemptions and fines
• GDPR, Regulation (EU) 2016/679 (Art. 88): Member states may set their own rules for employee data.

Other series for this region

• Employment rate, ages 20 to 64
• Consumer price change, annual average
• Unemployment rate
• Nights spent at tourist accommodation
• Population on 1 January
• Youth unemployment rate, ages 15 to 24
• House price change, annual
• Unemployment rate, monthly
• Inflation, monthly
• House price change, quarterly

Same series, other regions

• Luxembourg
• Norway
• Switzerland
• Denmark
• Belgium
• Netherlands
• Austria
• Germany
• France
• Ireland
• Sweden
• Finland
• European Union
• Italy
• Slovenia
• Spain
• Cyprus
• Estonia
• Czechia
• Slovakia
• Portugal
• Poland
• Malta
• Croatia

Hourly labour cost

ExploreWorldAI is operated by Valkiv Ventures AB (Reg. no. 556995-1311), Kungsgatan 8, 111 43 Stockholm, Sweden. EU-hosted, with data processing assessed against the GDPR. Contact: hello@exploreworldai.com.

Machine-readable summaries for AI agents: /llms.txt and /llms-full.txt.