Iceland vs Mongolia: Average hourly earnings of employees by sex and occupation (local)

Iceland
4,230 cur lcu
in 2022
Mongolia
8,716 cur lcu
in 2024
Iceland rank
11th
Mongolia rank
8th

Average hourly earnings of employees by sex and occupation (local) over time

  • Iceland
  • Mongolia
02.0k4.0k6.0k8.0k200820162024

How they compare

Mongolia currently reports 8,716 cur lcu against 4,230 cur lcu in Iceland, a difference of 4,486 cur lcu.

That makes Mongolia's figure about 2.1 times Iceland's.

The two have swapped places 2 times across 6 shared years of data; in 2014 it was Mongolia ahead.

Iceland ranks 11th and Mongolia ranks 8th of 70 countries.

Mongolia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Mongolia Difference Ahead
2010s 3,108 cur lcu 3,176 cur lcu 68.21 cur lcu Mongolia
2020s 4,105 cur lcu 5,172 cur lcu 1,067 cur lcu Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher average hourly earnings of employees by sex and occupation, Iceland or Mongolia?
Mongolia, at 8,716 cur lcu against 4,230 cur lcu in Iceland as of 2024.
What is the difference in average hourly earnings of employees by sex and occupation between Iceland and Mongolia?
4,486 cur lcu, with Mongolia ahead.
How many years of comparable data are there for Iceland and Mongolia?
6 years are reported by both, from 2014 to 2022.
How do Iceland and Mongolia rank globally for average hourly earnings of employees by sex and occupation?
Iceland ranks 11th and Mongolia ranks 8th of 70 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Average hourly earnings of employees by sex and occupation (local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mongolia: Average hourly earnings of employees by sex and occupation. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 08 November 2026, from https://development-goals.statizoid.com/compare/average-hourly-earnings-of-employees-by-sex-and-occupation-local-currency/iceland/mongolia/

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About this data

Indicator
Average hourly earnings of employees by sex and occupation (local currency)
Unit
cur lcu
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
71 places, 939 data points, 2000–2025
Last refreshed