Iceland vs Nigeria: Labour income share as a percent of GDP
Labour income share as a percent of GDP over time
- Iceland
- Nigeria
How they compare
Nigeria currently reports 75.07 against 63.52 in Iceland, a difference of 11.55.
That makes Nigeria's figure about 1.2 times Iceland's.
The two have swapped places 1 time across 23 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 4th and Nigeria ranks 1st of 188 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Nigeria in 2.
Head to head by decade
| Decade | Iceland | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 68.28 | 65.29 | 3 | Iceland |
| 2010s | 64.99 | 68.67 | 3.68 | Nigeria |
| 2020s | 64.85 | 74.72 | 9.88 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour income share as a percent of gdp, Iceland or Nigeria?
- Nigeria, at 75.07 against 63.52 in Iceland as of 2026.
- What is the difference in labour income share as a percent of gdp between Iceland and Nigeria?
- 11.55, with Nigeria ahead.
- How many years of comparable data are there for Iceland and Nigeria?
- 23 years are reported by both, from 2004 to 2026.
- How do Iceland and Nigeria rank globally for labour income share as a percent of gdp?
- Iceland ranks 4th and Nigeria ranks 1st of 188 countries.
- Where does this data come from?
- International Labour Organization, published as Labour income share as a percent of GDP (ILO modelled estimates). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. The labour income share in GDP is the ratio, in percentage, between total labour income and gross domestic product (a measure of total output), both provided in nominal terms. Labour income includes the compensation of employees and part of the income of the self-employed. Self-employed workers earn from both their work and capital ownership. Total compensation of employees refers to the remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. The labour income of self-employed is imputed on the basis of a statistical analysis of employees of similar characteristics. The labour income share after accounting for the labour income of the self-employed is often referred to as the adjusted labour income share in GDP. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.