Cyprus vs Iceland: Labour cost index by NACE Rev. 2 activity - country weights
Cyprus
2
in 2024
Iceland
1.8
in 2018
Cyprus rank
30th
Iceland rank
31st
Labour cost index by NACE Rev. 2 activity - country weights over time
- Cyprus
- Iceland
How they compare
Cyprus currently reports 2 against 1.8 in Iceland, a difference of 0.2.
That makes Cyprus's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 11 shared years of data; in 2008 it was Cyprus ahead.
Cyprus ranks 30th and Iceland ranks 31st of 32 countries.
Cyprus has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cyprus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.75 | 0.9 | 0.85 | Cyprus |
| 2010s | 1.64 | 1.23 | 0.4111 | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour cost index by nace rev. 2 activity - country weights, Cyprus or Iceland?
- Cyprus, at 2 against 1.8 in Iceland as of 2024.
- What is the difference in labour cost index by nace rev. 2 activity - country weights between Cyprus and Iceland?
- 0.2, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Iceland?
- 11 years are reported by both, from 2008 to 2018.
- How do Cyprus and Iceland rank globally for labour cost index by nace rev. 2 activity - country weights?
- Cyprus ranks 30th and Iceland ranks 31st of 32 countries.
- Where does this data come from?
- Eurostat, published as Labour cost index by NACE Rev. 2 activity - country weights. Statizoid refreshes it automatically from the source and publishes the full history for both places.