Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) in Iceland
Iceland: Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) was 1 in 2004. ▲ Rising
Latest (2004)
1
Change on year
up 11.1%
World rank
35th
of 37 countries
All-time high
1
in 2000
All-time low
0.7
in 1996
Years of data
9
1996–2004
Labour cost index by NACE Rev. 1.1 activity - country weights in Iceland, 1996–2004
Source: Eurostat.
Analysis
In 2004, labour cost index by nace rev. 1.1 activity - country weights in Iceland stood at 1. That is the highest value across all 9 years on record.
The figure is up 11.1% on the previous year and up 42.9% over ten years.
Over the whole period, labour cost index by nace rev. 1.1 activity - country weights in Iceland peaked at 1 in 2000 and was at its lowest, 0.7, in 1996.
Iceland ranks 35th of 37 countries on this measure, in the bottom quarter.
Labour cost index by NACE Rev. 1.1 activity - country weights (1.1) in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.7 | — |
| 1997 | 0.8 | +14.3% |
| 1998 | 0.8 | +0.0% |
| 1999 | 0.9 | +12.5% |
| 2000 | 1 | +11.1% |
| 2001 | 0.9 | -10.0% |
| 2002 | 0.9 | +0.0% |
| 2003 | 0.9 | +0.0% |
| 2004 | 1 | +11.1% |
Iceland compared with similar countries
- Iceland's 1 is below the median for Europe & Central Asia, which is 12.65, 8% of the median. (28 countries reporting)
- Iceland's 1 is below the median for high income countries, which is 12.4, 8% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8 | 0.7 | 0.9 | 4 |
| 2000s | 0.94 | 0.9 | 1 | 5 |
Countries ranked near Iceland
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is labour cost index by nace rev. 1.1 activity - country weights in Iceland?
- Labour cost index by nace rev. 1.1 activity - country weights in Iceland was 1 in 2004, according to Eurostat.
- What is the highest labour cost index by nace rev. 1.1 activity - country weights recorded in Iceland?
- The highest recorded value was 1 in 2000.
- What is the lowest labour cost index by nace rev. 1.1 activity - country weights recorded in Iceland?
- The lowest recorded value was 0.7 in 1996.
- How does Iceland rank for labour cost index by nace rev. 1.1 activity - country weights?
- Iceland ranks 35th out of 37 countries with data for 2004.
- Is labour cost index by nace rev. 1.1 activity - country weights rising or falling in Iceland?
- Over the last ten years it is up 42.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Labour cost index by NACE Rev. 1.1 activity - country weights. Statizoid updates them automatically from the source API.
Download this data
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