Iceland vs Luxembourg: Labour productivity and unit labour costs - annual data
Iceland
85,093 Euro
in 2025
Luxembourg
91,440 Euro
in 2025
Iceland rank
3rd
Luxembourg rank
2nd
Labour productivity and unit labour costs - annual data over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 91,440 Euro against 85,093 Euro in Iceland, a difference of 6,347 Euro.
That makes Luxembourg's figure about 1.1 times Iceland's.
Across all 31 years both countries report, Luxembourg has been ahead every year.
Iceland ranks 3rd and Luxembourg ranks 2nd of 47 countries.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 26,861 Euro | 39,167 Euro | 12,306 Euro | Luxembourg |
| 2000s | 40,206 Euro | 50,377 Euro | 10,171 Euro | Luxembourg |
| 2010s | 46,966 Euro | 65,209 Euro | 18,243 Euro | Luxembourg |
| 2020s | 71,130 Euro | 82,287 Euro | 11,157 Euro | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour productivity and unit labour costs - annual data, Iceland or Luxembourg?
- Luxembourg, at 91,440 Euro against 85,093 Euro in Iceland as of 2025.
- What is the difference in labour productivity and unit labour costs - annual data between Iceland and Luxembourg?
- 6,347 Euro, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Luxembourg rank globally for labour productivity and unit labour costs - annual data?
- Iceland ranks 3rd and Luxembourg ranks 2nd 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.