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

Iceland
99.9 Index, 2020=100
in 2026
Norway
102.1 Index, 2020=100
in 2026
Iceland rank
41st
Norway rank
40th

Labour productivity and unit labour costs - quarterly data over time

  • Iceland
  • Norway
0255075100199520102026

How they compare

Norway currently reports 102.1 Index, 2020=100 against 99.9 Index, 2020=100 in Iceland, a difference of 2.2 Index, 2020=100.

The two have swapped places 6 times across 32 shared years of data; in 1995 it was Norway ahead.

Iceland ranks 41st and Norway ranks 40th of 46 countries.

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

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 79.84 Index, 2020=100 86.23 Index, 2020=100 6.39 Index, 2020=100 Norway
2000s 94.43 Index, 2020=100 97.71 Index, 2020=100 3.28 Index, 2020=100 Norway
2010s 101.08 Index, 2020=100 100.94 Index, 2020=100 0.1439 Index, 2020=100 Iceland
2020s 106.4 Index, 2020=100 105.98 Index, 2020=100 0.4197 Index, 2020=100 Iceland

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 Norway?
Norway, at 102.1 Index, 2020=100 against 99.9 Index, 2020=100 in Iceland as of 2026.
What is the difference in labour productivity and unit labour costs - quarterly data between Iceland and Norway?
2.2 Index, 2020=100, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
32 years are reported by both, from 1995 to 2026.
How do Iceland and Norway rank globally for labour productivity and unit labour costs - quarterly data?
Iceland ranks 41st and Norway ranks 40th of 46 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 Norway: Labour productivity and unit labour costs - quarterly data. Statizoid, drawing on Eurostat. Retrieved 10 November 2026, from https://labour.statizoid.com/compare/labour-productivity-and-unit-labour-costs-quarterly-data/iceland/norway/

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About this data

Indicator
Labour productivity and unit labour costs - quarterly data
Unit
Index, 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
51 places, 1,587 data points, 1980–2026
Last refreshed