Average annual salary in fishing industry reaches 1,369,000 DKK for 2023

Monday 5th August 2024 on 17:58 in Faroe Islands Faroe Islands

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The average annual salary per person in the fishing industry for 2023 was 1,369,000 DKK, according to the national statistics office’s website. The site now provides the ability to create salary tables by industry.

The statistics represent income per individual within a specific sector, meaning it does not necessarily reflect full-time employment.

In the Barents Sea region, employees aboard trawlers also receive competitive pay. The average income per person in this area was 723,200 DKK in 2023. This category is referred to as “Bottom Fishing, Active.”

Conversely, the home fleet of bottom fishing recorded an average income of just over 344,000 DKK annually in 2023. No other industry, apart from the deep-sea fishing and Barents Sea fleets, has an average annual salary exceeding 500,000 DKK, according to the statistical foundation.

In contrast, salaries in the accommodation and restaurant industry remain the lowest, with an average of 160,000 DKK in 2023. The low average income per person may indicate that many within this sector are working part-time. For reference, the salary in healthcare and social services was recorded at 272,600 DKK in 2023.

Source 
(via kvf.fo)