Austria vs Iceland: Labor share of gross domestic product (GDP)
Austria
64.6%
in 2025
Iceland
66.3%
in 2020
Austria rank
4th
Iceland rank
3rd
Labor share of gross domestic product (GDP) over time
- Austria
- Iceland
How they compare
Iceland currently reports 66.3% against 64.6% in Austria, a difference of 1.7%.
The two have swapped places 4 times across 17 shared years of data; in 2004 it was Iceland ahead.
Austria ranks 4th and Iceland ranks 3rd of 187 countries.
Across the 3 decades both report, Austria averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Austria | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 62.7% | 65.8% | 3.1% | Iceland |
| 2010s | 62.0% | 61.4% | 0.6% | Austria |
| 2020s | 61.3% | 66.3% | 5.0% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labor share of gross domestic product (gdp), Austria or Iceland?
- Iceland, at 66.3% against 64.6% in Austria as of 2020.
- What is the difference in labor share of gross domestic product (gdp) between Austria and Iceland?
- 1.7%, with Iceland ahead.
- How many years of comparable data are there for Austria and Iceland?
- 17 years are reported by both, from 2004 to 2020.
- How do Austria and Iceland rank globally for labor share of gross domestic product (gdp)?
- Austria ranks 4th and Iceland ranks 3rd of 187 countries.
- Where does this data come from?
- International Labour Organization – with minor processing by Our World in Data, published as Labor share of gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Labour share of GDP (%).