Labour cost index by NACE Rev. 2 activity - item weights in Iceland
Iceland: Labour cost index by NACE Rev. 2 activity - item weights was 1,000 in 2019. ▬ Flat
Latest (2019)
1,000
Change on year
unchanged
World rank
1st
of 33 countries
All-time high
1,000
in 2008
All-time low
1,000
in 2008
Years of data
12
2008–2019
Labour cost index by NACE Rev. 2 activity - item weights in Iceland, 2008–2019
Source: Eurostat.
Analysis
In 2019, labour cost index by nace rev. 2 activity - item weights in Iceland stood at 1,000. That is the highest value across all 12 years on record.
That represents a change of unchanged over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - item weights in Iceland peaked at 1,000 in 2008 and was at its lowest, 1,000, in 2008.
Iceland ranks 1st of 33 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,000 | 1,000 | 1,000 | 2 |
| 2010s | 1,000 | 1,000 | 1,000 | 10 |
Countries ranked near Iceland
- 1 Austria 1,000 compare
- 1 Belgium 1,000 compare
- 1 Bulgaria 1,000 compare
- 1 Cyprus 1,000 compare
- 1 Czechia 1,000 compare
- 1 Germany 1,000 compare
- 1 Denmark 1,000 compare
- 1 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 1,000 compare
- 1 Estonia 1,000 compare
- 1 Greece 1,000 compare
- 1 Spain 1,000 compare
- 1 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 1,000 compare
- 1 Finland 1,000 compare
- 1 France 1,000 compare
- 1 Croatia 1,000 compare
- 1 Hungary 1,000 compare
- 1 Ireland 1,000 compare
- 1 Italy 1,000 compare
- 1 Lithuania 1,000 compare
- 1 Luxembourg 1,000 compare
- 1 Latvia 1,000 compare
- 1 Malta 1,000 compare
- 1 Netherlands 1,000 compare
- 1 Norway 1,000 compare
- 1 Poland 1,000 compare
- 1 Portugal 1,000 compare
- 1 Romania 1,000 compare
- 1 Sweden 1,000 compare
- 1 Slovenia 1,000 compare
- 1 Slovakia 1,000 compare
- 1 Türkiye 1,000 compare
- 1 United Kingdom 1,000 compare
More work & labour data for Iceland
- 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)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 74.9% (2025)
- Labor force participation rate, male (% of male population ages 15+) 79.6% (2025)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - item weights in Iceland?
- Labour cost index by nace rev. 2 activity - item weights in Iceland was 1,000 in 2019, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - item weights recorded in Iceland?
- The highest recorded value was 1,000 in 2008.
- What is the lowest labour cost index by nace rev. 2 activity - item weights recorded in Iceland?
- The lowest recorded value was 1,000 in 2008.
- How does Iceland rank for labour cost index by nace rev. 2 activity - item weights?
- Iceland ranks 1st out of 33 countries with data for 2019.
- Is labour cost index by nace rev. 2 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. 2 activity - item weights. Statizoid updates them automatically from the source API.
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