ICELAND
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THE OFFICIAL SALARY IN ICELAND IN 2023:Average salary – 770,000 Icelandic krónas per month ($5,615) Minimum wage – 368,000 Icelandic krónas per month ($2,685) Source: Trade unions and the Icelandic statistical office – statice. is Read more about wages in Iceland here Iceland is located in the North Atlantic Ocean and in the West of Northern Europe near Greenland and the United Kingdom. |
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| INFORMATION ABOUT ICELAND (2023)Â | |
| Population | 347.4 thousand |
| Average life expectancy | 83 years |
| Unemployment rate | 5% |
| Inflation | 9.8% |
| Area | 103,000 km² |
| Form of government | Parliamentary republic |
| Income tax | 31.45%–46.25% |
| Capital | ReykjavÃk |
| Currency | Icelandic króna |
| Official Language | Icelandic |
| Doing Business rank | 26 |
