Belgium vs Iceland: Labor share of gdp
Belgium
64.1
in 2025
Iceland
66.3
in 2020
Belgium rank
5th
Iceland rank
3rd
Labor share of gdp over time
- Belgium
- Iceland
How they compare
Iceland currently reports 66.3 against 64.1 in Belgium, a difference of 2.2.
The two have swapped places 2 times across 17 shared years of data; in 2004 it was Iceland ahead.
Belgium ranks 5th and Iceland ranks 3rd of 187 countries.
Across the 3 decades both report, Belgium averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Belgium | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 64.57 | 65.78 | 1.22 | Iceland |
| 2010s | 63.94 | 61.39 | 2.55 | Belgium |
| 2020s | 63.6 | 66.3 | 2.7 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labor share of gdp, Belgium or Iceland?
- Iceland, at 66.3 against 64.1 in Belgium as of 2020.
- What is the difference in labor share of gdp between Belgium and Iceland?
- 2.2, with Iceland ahead.
- How many years of comparable data are there for Belgium and Iceland?
- 17 years are reported by both, from 2004 to 2020.
- How do Belgium and Iceland rank globally for labor share of gdp?
- Belgium ranks 5th and Iceland ranks 3rd of 187 countries.
- Where does this data come from?
- Our World in Data, published as Labor share of gdp. Statizoid refreshes it automatically from the source and publishes the full history for both places.