The unadjusted gender pay gap in Iceland was 18.1% in the year 2012. The gap was 18.5% in the private sector and 16.2% in the public sector. From the year 2008 the unadjusted gender pay gap has decreased and was lower in the year 2012 than 2008. The unadjusted gender pay gap was lowest in the year 2010, 17.5% but increased slightly in 2011.

The unadjusted gender pay gap (GPG) is based on the methodology of the Structure of earnings survey (SES), which is carried out with a four-yearly periodicity. The most recent reference year is 2010. When comparing the unadjusted gender pay gap, Iceland was the 9th highest in the year 2010. The GPG was highest in Estonia that year, about 27%. In Croatia the GPG was a little less than -2% which means that women received higher hourly earnings than men. The percentage of overtime hours of paid hours was highest in Iceland in 2010. The proportion was 10% for Icelandic men and 5% for women.

These results are based on 4-yearly SES and national annual estimates. The gender pay gap in unadjusted form represents the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings of male paid employees. The calculation is based on October each year and gross hourly earnings includes paid overtime and excludes non-regular payments. The more overtime work the higher the gross hourly earnings. The gender pay gap indicator has been defined as unadjusted i.e. not adjusted according to individual characteristics that may explain part of the earnings.

Unadjusted gender pay gap 2008-2012 - Statistical Series