Labour cost index by NACE Rev. 1.1 activity - item weights (1.1 item) in Iceland

Iceland: Labour cost index by NACE Rev. 1.1 activity - item weights (1.1 item) was 1,000 in 2004. ▬ Flat

Latest (2004)
1,000
Change on year
unchanged
World rank
1st
of 37 countries
All-time high
1,000
in 1996
All-time low
1,000
in 1996
Years of data
9
1996–2004

Labour cost index by NACE Rev. 1.1 activity - item weights in Iceland, 1996–2004

02004006008001.0k1996200020041996: 1.0k1997: 1.0k1998: 1.0k1999: 1.0k2000: 1.0k2001: 1.0k2002: 1.0k2003: 1.0k2004: 1.0k

Source: Eurostat.

Analysis

Iceland recorded 1,000 for labour cost index by nace rev. 1.1 activity - item weights in 2004. That is the highest value across all 9 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, labour cost index by nace rev. 1.1 activity - item weights in Iceland peaked at 1,000 in 1996 and was at its lowest, 1,000, in 1996.

Iceland ranks 1st of 37 countries on this measure, in the top 10%.

Labour cost index by NACE Rev. 1.1 activity - item weights (1.1 item) in Iceland, year by year

Annual values for Labour cost index by NACE Rev. 1.1 activity - item weights in Iceland, 1996 to 2004.
Year Value Change
1996 1,000 —
1997 1,000 +0.0%
1998 1,000 +0.0%
1999 1,000 +0.0%
2000 1,000 +0.0%
2001 1,000 +0.0%
2002 1,000 +0.0%
2003 1,000 +0.0%
2004 1,000 +0.0%

Iceland compared with similar countries

  • Iceland's 1,000 is above the median for Europe & Central Asia, which is 1,000, 1.0× the median. (28 countries reporting)
  • Iceland's 1,000 is above the median for high income countries, which is 1,000, 1.0× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,000 1,000 1,000 4
2000s 1,000 1,000 1,000 5

Countries ranked near Iceland

  1. 1 Austria 1,000 compare
  2. 1 Belgium 1,000 compare
  3. 1 Bulgaria 1,000 compare
  4. 1 Cyprus 1,000 compare
  5. 1 Czechia 1,000 compare
  6. 1 Germany 1,000 compare
  7. 1 Denmark 1,000 compare
  8. 1 Estonia 1,000 compare
  9. 1 Greece 1,000 compare
  10. 1 Spain 1,000 compare
  11. 1 Finland 1,000 compare
  12. 1 France 1,000 compare
  13. 1 Hungary 1,000 compare
  14. 1 Ireland 1,000 compare
  15. 1 Italy 1,000 compare
  16. 1 Lithuania 1,000 compare
  17. 1 Luxembourg 1,000 compare
  18. 1 Latvia 1,000 compare
  19. 1 Malta 1,000 compare
  20. 1 Netherlands 1,000 compare
  21. 1 Norway 1,000 compare
  22. 1 Poland 1,000 compare
  23. 1 Portugal 1,000 compare
  24. 1 Romania 1,000 compare
  25. 1 Sweden 1,000 compare
  26. 1 Slovenia 1,000 compare
  27. 1 Slovakia 1,000 compare
  28. 1 United Kingdom 1,000 compare
  29. 1 Estonia 1,000 compare
  30. 1 Lithuania 1,000 compare
  31. 1 Latvia 1,000 compare
  32. 1 Netherlands 1,000 compare
  33. 1 Poland 1,000 compare
  34. 1 Slovenia 1,000 compare
  35. 1 Slovakia 1,000 compare
  36. 1 United Kingdom 1,000 compare

See the full ranking of 37 places →

More work & labour data for Iceland

All data for Iceland →

Frequently asked questions

What is labour cost index by nace rev. 1.1 activity - item weights in Iceland?
Labour cost index by nace rev. 1.1 activity - item weights in Iceland was 1,000 in 2004, according to Eurostat.
What is the highest labour cost index by nace rev. 1.1 activity - item weights recorded in Iceland?
The highest recorded value was 1,000 in 1996.
What is the lowest labour cost index by nace rev. 1.1 activity - item weights recorded in Iceland?
The lowest recorded value was 1,000 in 1996.
How does Iceland rank for labour cost index by nace rev. 1.1 activity - item weights?
Iceland ranks 1st out of 37 countries with data for 2004.
Is labour cost index by nace rev. 1.1 activity - item weights rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
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 - item weights. Statizoid updates them automatically from the source API.

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Labour cost index by NACE Rev. 1.1 activity - item weights in Iceland. Statizoid, drawing on Eurostat. Retrieved 13 November 2026, from https://labour.statizoid.com/stat/labour-cost-index-by-nace-rev-1-1-activity-item-weights/iceland/

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About this data

Indicator
Labour cost index by NACE Rev. 1.1 activity - item weights
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 473 data points, 1996–2008
Last refreshed