Labour productivity and unit labour costs - quarterly data in Iceland

Iceland: Labour productivity and unit labour costs - quarterly data was 107.06 in 2026. β–² Rising

Latest (2026)
107.06
Change on year
up 3.7%
World rank
17th
of 35 countries
All-time high
110.76
in 2022
All-time low
74.94
in 1995
Years of data
32
1995–2026

Labour productivity and unit labour costs - quarterly data in Iceland, 1995–2026

02550751001995201020261995: 74.91996: 77.51997: 78.61998: 84.51999: 83.52000: 84.42001: 89.82002: 89.92003: 88.72004: 97.12005: 94.92006: 94.12007: 1022008: 103.52009: 99.92010: 101.42011: 100.92012: 98.92013: 99.22014: 99.82015: 98.32016: 102.52017: 100.62018: 102.22019: 1072020: 108.92021: 107.62022: 110.82023: 106.82024: 104.92025: 103.22026: 107.1

Source: Eurostat.

Analysis

In 2026, labour productivity and unit labour costs - quarterly data in Iceland stood at 107.06.

That represents a change of up 3.7% on the previous year and up 4.4% over ten years.

Over the whole period, labour productivity and unit labour costs - quarterly data in Iceland peaked at 110.76 in 2022 and was at its lowest, 74.94, in 1995.

That places Iceland 17th out of 35 countries with data for 2026, putting it in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 79.84 74.94 84.52 5
2000s 94.43 84.36 103.51 10
2010s 101.08 98.29 106.99 10
2020s 107.04 103.24 110.76 7

Countries ranked near Iceland

  1. 14 Italy 107.47 compare
  2. 15 Portugal 107.4 compare
  3. 16 Belgium 107.18 compare
  4. 18 France 106.96 compare
  5. 19 Slovenia 106.86 compare
  6. 20 Latvia 106.48 compare

See the full ranking of 40 places β†’

More work & labour data for Iceland

All data for Iceland β†’

Frequently asked questions

What is labour productivity and unit labour costs - quarterly data in Iceland?
Labour productivity and unit labour costs - quarterly data in Iceland was 107.06 in 2026, according to Eurostat.
What is the highest labour productivity and unit labour costs - quarterly data recorded in Iceland?
The highest recorded value was 110.76 in 2022.
What is the lowest labour productivity and unit labour costs - quarterly data recorded in Iceland?
The lowest recorded value was 74.94 in 1995.
How does Iceland rank for labour productivity and unit labour costs - quarterly data?
Iceland ranks 17th out of 35 countries with data for 2026.
Is labour productivity and unit labour costs - quarterly data rising or falling in Iceland?
Over the last ten years it is up 4.4%. 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 productivity and unit labour costs - quarterly data. Statizoid updates them automatically from the source API.

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About this data

Indicator
Labour productivity and unit labour costs - quarterly data
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,263 data points, 1980–2026
Last refreshed