Iceland vs Norway: Labour productivity and unit labour costs by industry
Iceland
73.4 Euro
in 2025
Norway
46 Euro
in 2025
Iceland rank
1st
Norway rank
2nd
Labour productivity and unit labour costs by industry over time
- Iceland
- Norway
How they compare
Iceland currently reports 73.4 Euro against 46 Euro in Norway, a difference of 27.4 Euro.
That makes Iceland's figure about 1.6 times Norway's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 1st and Norway ranks 2nd of 40 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.32 Euro | 15.36 Euro | 4.96 Euro | Iceland |
| 2000s | 30.65 Euro | 24.5 Euro | 6.15 Euro | Iceland |
| 2010s | 40.67 Euro | 36.26 Euro | 4.41 Euro | Iceland |
| 2020s | 61.4 Euro | 42.03 Euro | 19.37 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, Iceland or Norway?
- Iceland, at 73.4 Euro against 46 Euro in Norway as of 2025.
- What is the difference in labour productivity and unit labour costs by industry between Iceland and Norway?
- 27.4 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 by industry?
- Iceland ranks 1st and Norway ranks 2nd of 40 countries.
- 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.