Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Iceland
Iceland: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 146.1 Index, 2020=100 in 2025. ▲ Rising
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Iceland, 2008–2025
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - nominal value, annual data in Iceland is 146.1 Index, 2020=100, measured in 2025. That is the highest value across all 18 years on record.
The figure is up 8.1% on the previous year and up 96.4% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Iceland peaked at 146.1 Index, 2020=100 in 2025 and was at its lowest, 48.9 Index, 2020=100, in 2008.
That places Iceland 10th out of 32 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.3 Index, 2020=100 | 48.9 Index, 2020=100 | 51.7 Index, 2020=100 | 2 |
| 2010s | 73.52 Index, 2020=100 | 54.5 Index, 2020=100 | 96.2 Index, 2020=100 | 10 |
| 2020s | 122.02 Index, 2020=100 | 100 Index, 2020=100 | 146.1 Index, 2020=100 | 6 |
Countries ranked near Iceland
More work & labour data for Iceland
- 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)
- Ratio of female to male labor force participation rate (%) 87.9% (2025)
- Labor force participation rate, female (% of female population ages 15 70.0% (2025)
- Labor force participation rate, total (% of total population ages 15-6 87.5% (2025)
- Labor force participation rate, male (% of male population ages 15-64) 90.8% (2025)
- Labor force participation rate, female (% of female population ages 15 84.0% (2025)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - nominal value, annual data in Iceland?
- Labour cost index by nace rev. 2 activity - nominal value, annual data in Iceland was 146.1 Index, 2020=100 in 2025, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Iceland?
- The highest recorded value was 146.1 Index, 2020=100 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Iceland?
- The lowest recorded value was 48.9 Index, 2020=100 in 2008.
- How does Iceland rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Iceland ranks 10th out of 32 countries with data for 2025.
- Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Iceland?
- Over the last ten years it is up 96.4%. 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. 2 activity - nominal value, annual data. Statizoid updates them automatically from the source API.
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