Labor productivity in Iceland in 2025 — 114,279 $/person. Ranked 25 in the world out of 168. Since 1991, the indicator has risen by 43.3%.
1991–2025 · PPP $ per person employed
How the value compares with the world and the groups this territory belongs to: Iceland
| Year | $/person | Change | Change, % |
|---|---|---|---|
| 2025 | 114,279 | −242 | −0.21% |
| 2024 | 114,522 | −2,691 | −2.3% |
| 2023 | 117,212 | +3,356 | +2.95% |
| 2022 | 113,856 | +2,132 | +1.91% |
| 2021 | 111,724 | +4,447 | +4.15% |
| 2020 | 107,277 | −4,091 | −3.67% |
| 2019 | 111,368 | −276 | −0.25% |
| 2018 | 111,644 | +2,831 | +2.6% |
| 2017 | 108,813 | +1,191 | +1.11% |
| 2016 | 107,622 | +2,411 | +2.29% |
| 2015 | 105,210 | +474 | +0.45% |
| 2014 | 104,736 | −1,398 | −1.32% |
| 2013 | 106,134 | +1,007 | +0.96% |
| 2012 | 105,127 | −796 | −0.75% |
| 2011 | 105,923 | +1,090 | +1.04% |
| 2010 | 104,833 | −1,583 | −1.49% |
| 2009 | 106,416 | −2,604 | −2.39% |
| 2008 | 109,020 | +1,340 | +1.24% |
| 2007 | 107,680 | +4,586 | +4.45% |
| 2006 | 103,093 | +1,299 | +1.28% |
| 2005 | 101,794 | +3,894 | +3.98% |
| 2004 | 97,900 | +6,903 | +7.59% |
| 2003 | 90,997 | +1,474 | +1.65% |
| 2002 | 89,523 | +1,735 | +1.98% |
| 2001 | 87,789 | +2,039 | +2.38% |
| 2000 | 85,749 | +816 | +0.96% |
| 1999 | 84,933 | −188 | −0.22% |
| 1998 | 85,121 | +2,252 | +2.72% |
| 1997 | 82,869 | +3,377 | +4.25% |
| 1996 | 79,492 | +2,756 | +3.59% |
| 1995 | 76,737 | −3,366 | −4.2% |
| 1994 | 80,102 | +1,749 | +2.23% |
| 1993 | 78,353 | +1,399 | +1.82% |
| 1992 | 76,954 | −2,814 | −3.53% |
| 1991 | 79,768 | — | — |
The same indicator for neighboring countries — with links to their pages
Gross domestic product per person employed in constant dollars at purchasing power parity. It differs from GDP per capita in the denominator: there the whole population, here only those who work — and the difference between the two indicators speaks of demography and employment. A country can have a low GDP per capita alongside decent productivity simply because only a small part of the population works: many children, many women out of employment, early retirement.
Important: There are no aggregates for country groups: the correct denominator is the number of people employed, and we have no separate series for the employed. The labor force will not do — it includes the unemployed, and the discrepancy is largest precisely in countries with high unemployment.
Source: ILOSTAT (ILO), license CC BY 4.0.
The soundest measure of living standards: income per person adjusted for prices.
Labor Employment-to-population ratioThe share of the population aged 15 and over that actually works.
Labor Labor forceThe number of people employed or actively looking for work — the economically active population.
Labor Vulnerable employmentThe share of own-account and contributing family workers — with no contract, insurance or guarantees.
