Euro area – 20 countries (2023-2025) vs Iceland: Labour productivity and unit labour costs by industry
Euro area – 20 countries (2023-2025)
15.3 Euro
in 2025
Iceland
73.4 Euro
in 2025
Euro area – 20 countries (2023-2025) rank
3rd
Iceland rank
1st
Labour productivity and unit labour costs by industry over time
- Euro area – 20 countries (2023-2025)
- Iceland
How they compare
Iceland currently reports 73.4 Euro against 15.3 Euro in Euro area – 20 countries (2023-2025), a difference of 58.1 Euro.
That makes Iceland's figure about 4.8 times Euro area – 20 countries (2023-2025)'s.
Across all 31 years both countries report, Iceland has been ahead every year.
Euro area – 20 countries (2023-2025) ranks 3rd and Iceland ranks 1st of 5 regions.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area – 20 countries (2023-2025) | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.02 Euro | 20.32 Euro | 13.3 Euro | Iceland |
| 2000s | 8.93 Euro | 30.65 Euro | 21.72 Euro | Iceland |
| 2010s | 11.04 Euro | 40.67 Euro | 29.63 Euro | Iceland |
| 2020s | 13.77 Euro | 61.4 Euro | 47.63 Euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher labour productivity and unit labour costs by industry, Euro area – 20 countries (2023-2025) or Iceland?
- Iceland, at 73.4 Euro against 15.3 Euro in Euro area – 20 countries (2023-2025) as of 2025.
- What is the difference in labour productivity and unit labour costs by industry between Euro area – 20 countries (2023-2025) and Iceland?
- 58.1 Euro, with Iceland ahead.
- How many years of comparable data are there for Euro area – 20 countries (2023-2025) and Iceland?
- 31 years are reported by both, from 1995 to 2025.
- How do Euro area – 20 countries (2023-2025) and Iceland rank globally for labour productivity and unit labour costs by industry?
- Euro area – 20 countries (2023-2025) ranks 3rd and Iceland ranks 1st of 5 regions.
- Where does this data come from?
- Eurostat, published as Labour productivity and unit labour costs by industry (NACE Rev.2). Statizoid refreshes it automatically from the source and publishes the full history for both places.