Middle-Aged Men Top Income Earners In Iceland

The top income earners in Iceland are middle-aged men, according to data from Statistics Iceland. In fact, an income gap of about 28% was observed between middle-aged men and women.

According to the findings, the average gross income across all genders and age groups increased by about 58% from 1990 to 2014. Some people, however, have been doing better than others.

Middle-aged men continued to be the top income earners in Iceland, with men aged 45 to 50 taking home about 675,000 ISK per month. By comparison, women in the same age bracket brought home about 483,000 ISK per month, marking an income gap of about 28%.

Even at the top of the pyramid, this disparity continues. The top income earning men took in about 25 million ISK per year, while the top income earning women peaked at 16 million ISK per year.

In fact, the only area where women earned more than men was in the 16 to 19 age bracket, who were also the lowest income earners. Men in this age group typically earned only 1.3 million ISK per year, with women the same age earning only slightly more.