Iceland vs Luxembourg: Economic Outlook No 116 — Dependent employment, total economy

Iceland
175,544
in 2026
Luxembourg
503,228
in 2026
Iceland rank
27th
Luxembourg rank
26th

Economic Outlook No 116 — Dependent employment, total economy over time

  • Iceland
  • Luxembourg
100.0k200.0k300.0k400.0k500.0k196419952026

How they compare

Luxembourg currently reports 503,228 against 175,544 in Iceland, a difference of 327,684.

That makes Luxembourg's figure about 2.9 times Iceland's.

Across all 42 years both countries report, Luxembourg has been ahead every year.

Iceland ranks 27th and Luxembourg ranks 26th of 27 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 107,600 153,668 46,068 Luxembourg
1990s 111,626 199,284 87,658 Luxembourg
2000s 136,082 288,389 152,307 Luxembourg
2010s 154,095 380,958 226,863 Luxembourg
2020s 171,425 477,233 305,808 Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 116 — dependent employment, total economy, Iceland or Luxembourg?
Luxembourg, at 503,228 against 175,544 in Iceland as of 2026.
What is the difference in economic outlook no 116 — dependent employment, total economy between Iceland and Luxembourg?
327,684, with Luxembourg ahead.
How many years of comparable data are there for Iceland and Luxembourg?
42 years are reported by both, from 1985 to 2026.
How do Iceland and Luxembourg rank globally for economic outlook no 116 — dependent employment, total economy?
Iceland ranks 27th and Luxembourg ranks 26th of 27 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — Dependent employment, total economy. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Luxembourg: Economic Outlook No 116 — Dependent employment, total economy. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-116-dependent-employment-total-economy/iceland/luxembourg/

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About this data

Indicator
Economic Outlook No 116 — Dependent employment, total economy
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
37 places, 1,834 data points, 1960–2026
Last refreshed

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 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org