Euro area – 21 countries (from 2026) vs Iceland: Labour productivity and unit labour costs - annual data

Euro area – 21 countries (from 2026)
51,325 Euro
in 2025
Iceland
84,639 Euro
in 2025
Euro area – 21 countries (from 2026) rank
4th
Iceland rank
3rd

Labour productivity and unit labour costs - annual data over time

  • Euro area – 21 countries (from 2026)
  • Iceland
20.0k40.0k60.0k80.0k199520102025

How they compare

Iceland currently reports 84,639 Euro against 51,325 Euro in Euro area – 21 countries (from 2026), a difference of 33,314 Euro.

That makes Iceland's figure about 1.6 times Euro area – 21 countries (from 2026)'s.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Euro area – 21 countries (from 2026) ahead.

Euro area – 21 countries (from 2026) ranks 4th 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 – 21 countries (from 2026) Iceland Difference Ahead
1990s 25,963 Euro 26,778 Euro 814.52 Euro Iceland
2000s 30,996 Euro 40,211 Euro 9,215 Euro Iceland
2010s 38,042 Euro 46,969 Euro 8,926 Euro Iceland
2020s 46,140 Euro 71,062 Euro 24,922 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 – 21 countries (from 2026) or Iceland?
Iceland, at 84,639 Euro against 51,325 Euro in Euro area – 21 countries (from 2026) as of 2025.
What is the difference in labour productivity and unit labour costs - annual data between Euro area – 21 countries (from 2026) and Iceland?
33,314 Euro, with Iceland ahead.
How many years of comparable data are there for Euro area – 21 countries (from 2026) and Iceland?
31 years are reported by both, from 1995 to 2025.
How do Euro area – 21 countries (from 2026) and Iceland rank globally for labour productivity and unit labour costs - annual data?
Euro area – 21 countries (from 2026) ranks 4th 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 – 21 countries (from 2026) vs Iceland: Labour productivity and unit labour costs - annual data. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-annual-data/euro-area-21-countries-from-2026/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