Euro area – 20 countries (2023-2025) vs Iceland: Labour productivity and unit labour costs - annual data

Euro area – 20 countries (2023-2025)
51,903 Euro
in 2025
Iceland
84,639 Euro
in 2025
Euro area – 20 countries (2023-2025) rank
3rd
Iceland rank
3rd

Labour productivity and unit labour costs - annual data over time

  • Euro area – 20 countries (2023-2025)
  • Iceland
20.0k40.0k60.0k80.0k199520102025

How they compare

Iceland currently reports 84,639 Euro against 51,903 Euro in Euro area – 20 countries (2023-2025), a difference of 32,736 Euro.

That makes Iceland's figure about 1.6 times Euro area – 20 countries (2023-2025)'s.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Euro area – 20 countries (2023-2025) ahead.

Euro area – 20 countries (2023-2025) ranks 3rd and Iceland ranks 3rd of 5 regions.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Euro area – 20 countries (2023-2025) Iceland Difference Ahead
1990s 26,525 Euro 26,778 Euro 253.18 Euro Iceland
2000s 31,551 Euro 40,211 Euro 8,660 Euro Iceland
2010s 38,641 Euro 46,969 Euro 8,328 Euro Iceland
2020s 46,712 Euro 71,062 Euro 24,350 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, Euro area – 20 countries (2023-2025) or Iceland?
Iceland, at 84,639 Euro against 51,903 Euro in Euro area – 20 countries (2023-2025) as of 2025.
What is the difference in labour productivity and unit labour costs - annual data between Euro area – 20 countries (2023-2025) and Iceland?
32,736 Euro, with Iceland ahead.
How many years of comparable data are there for Euro area – 20 countries (2023-2025) and Iceland?
31 years are reported by both, from 1995 to 2025.
How do Euro area – 20 countries (2023-2025) and Iceland rank globally for labour productivity and unit labour costs - annual data?
Euro area – 20 countries (2023-2025) ranks 3rd and Iceland ranks 3rd of 5 regions.
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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Euro area – 20 countries (2023-2025) vs Iceland: Labour productivity and unit labour costs - annual data. Statizoid, drawing on Eurostat. Retrieved 07 September 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-annual-data/euro-area-20-countries-2023-2025/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
50 places, 1,552 data points, 1975–2025
Last refreshed