Iceland vs Norway: Labour productivity and unit labour costs - annual data

Iceland
85,093 Euro
in 2025
Norway
69,943 Euro
in 2025
Iceland rank
3rd
Norway rank
5th

Labour productivity and unit labour costs - annual data over time

  • Iceland
  • Norway
020.0k40.0k60.0k80.0k197520002025

How they compare

Iceland currently reports 85,093 Euro against 69,943 Euro in Norway, a difference of 15,150 Euro.

That makes Iceland's figure about 1.2 times Norway's.

The two have swapped places 9 times across 31 shared years of data; in 1995 it was Norway ahead.

Iceland ranks 3rd and Norway ranks 5th of 47 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and Norway in 3.

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 26,861 Euro 30,814 Euro 3,953 Euro Norway
2000s 40,206 Euro 46,020 Euro 5,814 Euro Norway
2010s 46,966 Euro 64,495 Euro 17,529 Euro Norway
2020s 71,130 Euro 66,515 Euro 4,616 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, Iceland or Norway?
Iceland, at 85,093 Euro against 69,943 Euro in Norway as of 2025.
What is the difference in labour productivity and unit labour costs - annual data between Iceland and Norway?
15,150 Euro, with Iceland ahead.
How many years of comparable data are there for Iceland and Norway?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Norway rank globally for labour productivity and unit labour costs - annual data?
Iceland ranks 3rd and Norway ranks 5th 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.

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Iceland vs Norway: Labour productivity and unit labour costs - annual data. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-annual-data/iceland/norway/

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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
52 places, 1,599 data points, 1975–2025
Last refreshed