Iceland vs Latvia: Labour productivity and unit labour costs - quarterly data

Iceland
107.06
in 2026
Latvia
106.48
in 2026
Iceland rank
17th
Latvia rank
20th

Labour productivity and unit labour costs - quarterly data over time

  • Iceland
  • Latvia
0255075100125199520102026

How they compare

Iceland currently reports 107.06 against 106.48 in Latvia, a difference of 0.58.

The two have swapped places 2 times across 32 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 17th and Latvia ranks 20th of 35 countries.

Across the 4 decades both report, Iceland averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 79.84 47.17 32.67 Iceland
2000s 94.43 78.82 15.61 Iceland
2010s 101.08 101.85 0.7683 Latvia
2020s 107.04 113.17 6.13 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labour productivity and unit labour costs - quarterly data, Iceland or Latvia?
Iceland, at 107.06 against 106.48 in Latvia as of 2026.
What is the difference in labour productivity and unit labour costs - quarterly data between Iceland and Latvia?
0.58, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
32 years are reported by both, from 1995 to 2026.
How do Iceland and Latvia rank globally for labour productivity and unit labour costs - quarterly data?
Iceland ranks 17th and Latvia ranks 20th of 35 countries.
Where does this data come from?
Eurostat, published as Labour productivity and unit labour costs - quarterly data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Labour productivity and unit labour costs - quarterly data. Statizoid, drawing on Eurostat. Retrieved 20 August 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-quarterly-data/iceland/latvia/

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About this data

Indicator
Labour productivity and unit labour costs - quarterly data
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,263 data points, 1980–2026
Last refreshed