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

European Union - 27 countries (from 2020)
47,685
in 2025
Iceland
85,093
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 85,093 against 47,685 in European Union - 27 countries (from 2020), a difference of 37,408.

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 26,861 4,477 Iceland
2000s 27,740 40,206 12,465 Iceland
2010s 34,448 46,966 12,518 Iceland
2020s 42,437 71,130 28,694 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 85,093 against 47,685 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?
37,408, 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 11 November 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
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
52 places, 1,599 data points, 1975–2025
Last refreshed