Iceland Labor Productivity Output 2023: $75.65
Iceland's labor productivity output in 2023 is $75.65, up 2.8% from 2022. It ranks #14 of 129 countries.
Labor productivity output measures economic efficiency by calculating GDP per hour worked in each country.
Source (2023): Productivity: output per hour worked | Our World in Data
Where Iceland ranks (2023)
#14 of 129- #12
France77.67 USD - #13
Australia76.78 USD - #14
Iceland75.65 USD - #15
Finland69.63 USD - #16
Qatar69.42 USD
Labor Productivity Output over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2023 | 75.65 USD | +2.07 USD | +2.82% | |
| 2022 | 73.58 USD | +2.16 USD | +3.03% | |
| 2021 | 71.42 USD | +2.67 USD | +3.88% | |
| 2020 | 68.75 USD | 0.66 USD | -0.95% | |
| 2019 | 69.4 USD | +8.46 USD | +13.89% | |
| 2018 | 60.94 USD | +1.31 USD | +2.20% | |
| 2017 | 59.63 USD | 0.1 USD | -0.17% | |
| 2016 | 59.73 USD | 2.14 USD | -3.45% | |
| 2015 | 61.87 USD | +0.59 USD | +0.96% | |
| 2014 | 61.28 USD | 0.29 USD | -0.47% | |
| 2013 | 61.57 USD | 2.59 USD | -4.03% | |
| 2012 | 64.15 USD | +1.8 USD | +2.89% | |
| 2011 | 62.35 USD | +0.02 USD | +0.04% | |
| 2010 | 62.33 USD | 2.8 USD | -4.30% | |
| 2009 | 65.13 USD | +7.12 USD | +12.28% | |
| 2008 | 58.01 USD | +7.11 USD | +13.98% | |
| 2007 | 50.89 USD | +1.27 USD | +2.55% | |
| 2006 | 49.62 USD | 4.78 USD | -8.79% | |
| 2005 | 54.4 USD | +0.4 USD | +0.74% | |
| 2004 | 54 USD | +3.07 USD | +6.02% | |
| 2003 | 50.94 USD | 0.35 USD | -0.68% | |
| 2002 | 51.29 USD | +2.15 USD | +4.37% | |
| 2001 | 49.14 USD | — | — |
Frequently Asked Questions About Iceland Labor Productivity Output
What is Iceland's labor productivity output in 2023?▾
Iceland's labor productivity output is $75.65 in 2023, according to Productivity: output per hour worked | Feenstra et al. – Penn World Table via Our World in Data.
Is Iceland's labor productivity output increasing or decreasing?▾
Iceland's labor productivity output rose by 2.8% from 2022 ($73.58) to 2023 ($75.65). Over the past decade (2013–2023) it rose by 22.9%.
How does Iceland rank for labor productivity output?▾
In 2023, Iceland has the 14th highest labor productivity output out of 129 countries with data.
What was Iceland's labor productivity output in 2001?▾
In 2001, Iceland's labor productivity output was $49.14. By 2023 it rose by 53.9%.
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