The total sum of taxable wages in May 2026 increased by 5.8% between years. The total sum of taxable wages in May was about 197.5 billion ISK. The number of employees was about 219.500 and the number of employers about 22.400. Note that the data have not been adjusted for inflation.
Please note that these figures are provisional, as monthly revisions to the pay-as-you-earn (PAYE) register typically extend several months into the past. In addition, the methodology for compiling statistics from PAYE data is subject to an ongoing review, and improvements in procedures may have minor effects on the results.