Iceland vs OECD: Economic Outlook No 115 — Trend labour efficiency
Economic Outlook No 115 — Trend labour efficiency over time
- Iceland
- OECD
How they compare
Iceland currently reports 8.11 million against 1.88 million in OECD, a difference of 6.23 million.
That makes Iceland's figure about 4.3 times OECD's.
Across all 41 years both countries report, Iceland has been ahead every year.
Iceland ranks 2nd and OECD ranks 5th of 30 countries.
Iceland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | OECD | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.53 million | 1.22 million | 3.31 million | Iceland |
| 1990s | 5.03 million | 1.39 million | 3.64 million | Iceland |
| 2000s | 6.19 million | 1.61 million | 4.58 million | Iceland |
| 2010s | 7.28 million | 1.73 million | 5.55 million | Iceland |
| 2020s | 7.92 million | 1.84 million | 6.08 million | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — trend labour efficiency, Iceland or OECD?
- Iceland, at 8.11 million against 1.88 million in OECD as of 2025.
- What is the difference in economic outlook no 115 — trend labour efficiency between Iceland and OECD?
- 6.23 million, with Iceland ahead.
- How many years of comparable data are there for Iceland and OECD?
- 41 years are reported by both, from 1985 to 2025.
- How do Iceland and OECD rank globally for economic outlook no 115 — trend labour efficiency?
- Iceland ranks 2nd and OECD ranks 5th of 30 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Trend labour efficiency. 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