Labor productivity vs gdp per capita in Iceland

Iceland: Labor productivity vs gdp per capita was 75.65 in 2023. ▲ Rising

Latest (2023)
75.65
Change on year
up 2.8%
World rank
14th
of 130 countries
All-time high
75.65
in 2023
All-time low
20.34
in 1964
Years of data
60
1964–2023

Labor productivity vs gdp per capita in Iceland, 1964–2023

20406080196419932023

Source: Our World in Data.

Analysis

In 2023, labor productivity vs gdp per capita in Iceland stood at 75.65. That is the highest value across all 60 years on record.

The figure is up 2.8% on the previous year and up 22.9% over ten years.

Over the whole period, labor productivity vs gdp per capita in Iceland peaked at 75.65 in 2023 and was at its lowest, 20.34, in 1964.

That places Iceland 14th out of 130 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 60 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 21.61 20.34 22.55 6
1970s 30.28 23.01 37.36 10
1980s 39.16 35.21 43.45 10
1990s 44.6 41.84 50.04 10
2000s 53.13 47.93 65.13 10
2010s 62.32 59.63 69.4 10
2020s 72.35 68.75 75.65 4

Countries ranked near Iceland

  1. 11 Sweden 80.74 compare
  2. 12 France 77.67 compare
  3. 13 Australia 76.78 compare
  4. 15 Finland 69.63 compare
  5. 16 Qatar 69.42 compare
  6. 17 United Kingdom 68.03 compare

See the full ranking of 130 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labor productivity vs gdp per capita in Iceland?
Labor productivity vs gdp per capita in Iceland was 75.65 in 2023, according to Our World in Data.
What is the highest labor productivity vs gdp per capita recorded in Iceland?
The highest recorded value was 75.65 in 2023.
What is the lowest labor productivity vs gdp per capita recorded in Iceland?
The lowest recorded value was 20.34 in 1964.
How does Iceland rank for labor productivity vs gdp per capita?
Iceland ranks 14th out of 130 countries with data for 2023.
Is labor productivity vs gdp per capita rising or falling in Iceland?
Over the last ten years it is up 22.9%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Labor productivity vs gdp per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Labor productivity vs gdp per capita
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
130 places, 4,965 data points, 1950–2023
Last refreshed