Labour productivity growth in Iceland
Real output per hour worked in Iceland changed by 2.7% in 2025.
The latest value carries the source flag “Provisional”.
Iceland, 2025
2.7%p (Provisional)
Change from 2024
+6.0percentage points
European Union, 2025
1.3%
Median of OECD (38 countries), 2025
1.8%
Position in 2025
7th of 32
Labour productivity growth in Iceland over time
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Iceland
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% change on previous year. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Iceland | European Union |
|---|---|---|
| 2025 | 2.7%p (provisional) | 1.3% |
| 2024 | -3.3%p (provisional) | 0.4% |
| 2023 | 1.2%p (provisional) | -0.8% |
| 2022 | 1.7%p (provisional) | 0.4% |
| 2021 | 4.0%p (provisional) | 0.6% |
| 2020 | -0.9%p (provisional) | 1.4% |
| 2019 | 2.4%p (provisional) | 0.8% |
| 2018 | 2.3%p (provisional) | 0.8% |
| 2017 | 0.1%p (provisional) | 1.8% |
| 2016 | 1.0%p (provisional) | 0.4% |
| 2015 | 1.0%p (provisional) | 1.5% |
| 2014 | 0.2%p (provisional) | 0.7% |
| 2013 | 1.2%p (provisional) | 0.9% |
| 2012 | 0.2%p (provisional) | 0.5% |
| 2011 | -0.4%p (provisional) | 1.9% |
| 2010 | -0.4%p (provisional) | 2.9% |
| 2009 | 5.6%p (provisional) | -1.1% |
| 2008 | -3.4%p (provisional) | -0.3% |
| 2007 | 6.3%p (provisional) | 0.9% |
| 2006 | 1.9%p (provisional) | 1.7% |
| 2005 | 3.8%p (provisional) | 1.2% |
| 2004 | 6.6%p (provisional) | 1.6% |
| 2003 | 3.5%p (provisional) | 1.0% |
| 2002 | 1.9%p (provisional) | 2.0% |
| 2001 | 3.6%p (provisional) | 2.0% |
Flags: p provisional . A dash means no value was published.
In short
- That is a change of +6.0 percentage points from -3.3% in 2024.
- Since 2015, when it was 1.0%, the figure has changed by +1.7 percentage points.
- Among the 32 countries with data for 2025, Iceland has the 7th highest value.
- The figure for the European Union in 2025 was 1.3%.
More for Iceland
All statistics for Iceland
Real GDP growth
1.1%
2025 · Eurostat
Usual weekly working hours
37.7 hours per week
2025 · Eurostat
GDP per capita in euro
€87,160p (Provisional) per person
2025 · Eurostat
GDP per capita in PPS
132 (EU = 100)
2024 · Eurostat
GDP in euro
34,157 million €
2025 · Eurostat
Quarterly GDP growth (seasonally adjusted)
-3.0%
Q2 2026 · Eurostat