Iceland vs Luxembourg: Economic Outlook No 115 — Potential employment of total economy
Economic Outlook No 115 — Potential employment of total economy over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 533,853 against 223,165 in Iceland, a difference of 310,688.
That makes Luxembourg's figure about 2.4 times Iceland's.
Across all 41 years both countries report, Luxembourg has been ahead every year.
Iceland ranks 29th and Luxembourg ranks 28th of 29 countries.
Luxembourg has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 129,368 | 171,592 | 42,223 | Luxembourg |
| 1990s | 141,091 | 216,961 | 75,870 | Luxembourg |
| 2000s | 160,941 | 307,267 | 146,326 | Luxembourg |
| 2010s | 182,643 | 405,854 | 223,211 | Luxembourg |
| 2020s | 212,836 | 505,718 | 292,882 | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — potential employment of total economy, Iceland or Luxembourg?
- Luxembourg, at 533,853 against 223,165 in Iceland as of 2025.
- What is the difference in economic outlook no 115 — potential employment of total economy between Iceland and Luxembourg?
- 310,688, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 41 years are reported by both, from 1985 to 2025.
- How do Iceland and Luxembourg rank globally for economic outlook no 115 — potential employment of total economy?
- Iceland ranks 29th and Luxembourg ranks 28th of 29 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Potential employment of total economy. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP