The income level in Iceland generally correlates with educational levels across the country; the higher the educational level, the higher the average income. In 2020, people with a doctoral degree or an equivalent education had the highest average income in Iceland, earning 13.8 million Icelandic Krona on average. In contrast, people with a basic educational only earned 5.2 million Icelandic Krona on average in 2020.
Average income in Iceland in 2020 by educational level
(in 1,000 ISK)
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Statistics Iceland. (May 4, 2022). Average income in Iceland in 2020 by educational level (in 1,000 ISK) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/
Statistics Iceland. "Average income in Iceland in 2020 by educational level (in 1,000 ISK)." Chart. May 4, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/
Statistics Iceland. (2022). Average income in Iceland in 2020 by educational level (in 1,000 ISK). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/
Statistics Iceland. "Average Income in Iceland in 2020 by Educational Level (in 1,000 Isk)." Statista, Statista Inc., 4 May 2022, https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/
Statistics Iceland, Average income in Iceland in 2020 by educational level (in 1,000 ISK) Statista, https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/ (last visited December 23, 2024)
Average income in Iceland in 2020 by educational level (in 1,000 ISK) [Graph], Statistics Iceland, May 4, 2022. [Online]. Available: https://www.statista.com/statistics/1261151/income-by-educational-level-in-iceland/