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

European Union - 27 countries (from 2020)
15.2 Euro
in 2025
Iceland
73.4 Euro
in 2025
European Union - 27 countries (from 2020) rank
4th
Iceland rank
1st

Labour productivity and unit labour costs by industry over time

  • European Union - 27 countries (from 2020)
  • Iceland
020406080199520102025

How they compare

Iceland currently reports 73.4 Euro against 15.2 Euro in European Union - 27 countries (from 2020), a difference of 58.2 Euro.

That makes Iceland's figure about 4.8 times European Union - 27 countries (from 2020)'s.

Across all 31 years both countries report, Iceland has been ahead every year.

European Union - 27 countries (from 2020) ranks 4th 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 European Union - 27 countries (from 2020) Iceland Difference Ahead
1990s 4.94 Euro 20.32 Euro 15.38 Euro Iceland
2000s 7.3 Euro 30.65 Euro 23.35 Euro Iceland
2010s 9.67 Euro 40.67 Euro 31 Euro Iceland
2020s 13.08 Euro 61.4 Euro 48.32 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, European Union - 27 countries (from 2020) or Iceland?
Iceland, at 73.4 Euro against 15.2 Euro in European Union - 27 countries (from 2020) as of 2025.
What is the difference in labour productivity and unit labour costs by industry between European Union - 27 countries (from 2020) and Iceland?
58.2 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 by industry?
European Union - 27 countries (from 2020) ranks 4th 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.

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European Union - 27 countries (from 2020) vs Iceland: Labour productivity and unit labour costs by industry. Statizoid, drawing on Eurostat. Retrieved 15 September 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-by-industry-nace-rev-2/european-union-27-countries-from-2020/iceland/

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About this data

Indicator
Labour productivity and unit labour costs by industry (NACE Rev.2)
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,475 data points, 1975–2025
Last refreshed