The unadjusted gender pay gap in Iceland 2008-2021
In Iceland, there is a significant income gap between men and women. Between 2008 and 2021, women earned significantly less than men per hour. In 2008, women earned 20,5 percent less than men. The gap has decreased steadily over the time period, but it was still at around 10 percent in 2021. Despite this income disparity, Iceland topped the rankings for gender equality in 2021, due to the high level of living standards, female representation in business and politics, and maternal benefits.