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Total Wages Increased by 8.7% Year-on-Year

Summary by RÚV
The quarterly index of total wages rose by 8.7% between the third quarter of last year and the third quarter of this year. This is stated in an announcement on the website of Statistics Iceland, which published the updated index today. During the same period, the index of labor costs rose by 8.4%. A man working on construction. RÚV
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The quarterly index of total wages rose by 8.7% between the third quarter of last year and the third quarter of this year. This is stated in an announcement on the website of Statistics Iceland, which published the updated index today. During the same period, the index of labor costs rose by 8.4%. A man working on construction. RÚV

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RÚV broke the news in on Monday, December 8, 2025.
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