Bank staff expenses as a share of total costs reached 47.7% in 2020 in Iceland, according to the National Central Bank. This is 10.00% more than in the previous year.
Historically, bank staff expenses as a share of total costs in Iceland reached an all time high of 47.7% in 2020 and an all time low of 41.6% in 2017.
Iceland has been ranked 26th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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