European Union - 27 countries (from 2020) vs Iceland: Labour productivity and unit labour costs - annual data

European Union - 27 countries (from 2020)
47,760 Euro
in 2025
Iceland
84,639 Euro
in 2025
European Union - 27 countries (from 2020) rank
5th
Iceland rank
3rd

Labour productivity and unit labour costs - annual data over time

  • European Union - 27 countries (from 2020)
  • Iceland
20.0k40.0k60.0k80.0k199520102025

How they compare

Iceland currently reports 84,639 Euro against 47,760 Euro in European Union - 27 countries (from 2020), a difference of 36,879 Euro.

That makes Iceland's figure about 1.8 times European Union - 27 countries (from 2020)'s.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Iceland ahead.

European Union - 27 countries (from 2020) ranks 5th 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 European Union - 27 countries (from 2020) Iceland Difference Ahead
1990s 22,384 Euro 26,778 Euro 4,394 Euro Iceland
2000s 27,740 Euro 40,211 Euro 12,471 Euro Iceland
2010s 34,446 Euro 46,969 Euro 12,523 Euro Iceland
2020s 42,451 Euro 71,062 Euro 28,611 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, European Union - 27 countries (from 2020) or Iceland?
Iceland, at 84,639 Euro against 47,760 Euro in European Union - 27 countries (from 2020) as of 2025.
What is the difference in labour productivity and unit labour costs - annual data between European Union - 27 countries (from 2020) and Iceland?
36,879 Euro, with Iceland ahead.
How many years of comparable data are there for European Union - 27 countries (from 2020) and Iceland?
31 years are reported by both, from 1995 to 2025.
How do European Union - 27 countries (from 2020) and Iceland rank globally for labour productivity and unit labour costs - annual data?
European Union - 27 countries (from 2020) ranks 5th 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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European Union - 27 countries (from 2020) 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/european-union-27-countries-from-2020/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