Belgium vs Iceland: Labour productivity and unit labour costs - annual data

Belgium
74,089 Euro
in 2025
Iceland
85,093 Euro
in 2025
Belgium rank
4th
Iceland rank
3rd

Labour productivity and unit labour costs - annual data over time

  • Belgium
  • Iceland
20.0k40.0k60.0k80.0k199520102025

How they compare

Iceland currently reports 85,093 Euro against 74,089 Euro in Belgium, a difference of 11,004 Euro.

That makes Iceland's figure about 1.1 times Belgium's.

The two have swapped places 7 times across 31 shared years of data; in 1995 it was Belgium ahead.

Belgium ranks 4th and Iceland ranks 3rd of 47 countries.

Across the 4 decades both report, Belgium averaged higher in 3 and Iceland in 1.

Head to head by decade

Decade Belgium Iceland Difference Ahead
1990s 35,577 Euro 26,861 Euro 8,716 Euro Belgium
2000s 43,125 Euro 40,206 Euro 2,919 Euro Belgium
2010s 53,870 Euro 46,966 Euro 6,904 Euro Belgium
2020s 66,112 Euro 71,130 Euro 5,018 Euro Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labour productivity and unit labour costs - annual data, Belgium or Iceland?
Iceland, at 85,093 Euro against 74,089 Euro in Belgium as of 2025.
What is the difference in labour productivity and unit labour costs - annual data between Belgium and Iceland?
11,004 Euro, with Iceland ahead.
How many years of comparable data are there for Belgium and Iceland?
31 years are reported by both, from 1995 to 2025.
How do Belgium and Iceland rank globally for labour productivity and unit labour costs - annual data?
Belgium ranks 4th and Iceland ranks 3rd of 47 countries.
Where does this data come from?
Eurostat, published as Labour productivity and unit labour costs - annual data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Iceland: Labour productivity and unit labour costs - annual data. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-annual-data/belgium/iceland/

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About this data

Indicator
Labour productivity and unit labour costs - annual data
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
52 places, 1,599 data points, 1975–2025
Last refreshed