Statistics Iceland: Taxable wages in July increased by 6.5% between years

The total sum of taxable wages in June 2025 increased by 6.5% between years. Decrease of 2.7% was between months, from June to July 2025. The total sum of taxable wages in July was about 182.6 billion ISK. The number of employees was about 227,300 and the number of employers about 22,400. Note that the data have not been adjusted for inflation.