Output per hour worked, GDP constant 2021 international $ at PPP in Iceland
Iceland: Output per hour worked, GDP constant 2021 international $ at PPP was 68.24 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in Iceland, 2005–2027
Source: International Labour Organization.
Analysis
Iceland recorded 68.24 for output per hour worked, gdp constant 2021 international $ at ppp in 2027. That is the highest value across all 23 years on record.
That represents a change of up 1.6% on the previous year and up 14.8% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in Iceland peaked at 68.24 in 2027 and was at its lowest, 51.83, in 2005.
That places Iceland 26th out of 188 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Output per hour worked, GDP constant 2021 international $ at PPP in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 51.83 | — |
| 2006 | 52.96 | +2.2% |
| 2007 | 55.72 | +5.2% |
| 2008 | 56.25 | +1.0% |
| 2009 | 58.09 | +3.3% |
| 2010 | 57.4 | -1.2% |
| 2011 | 57.54 | +0.2% |
| 2012 | 57.42 | -0.2% |
| 2013 | 58.72 | +2.3% |
| 2014 | 56.06 | -4.5% |
| 2015 | 56.44 | +0.7% |
| 2016 | 57.9 | +2.6% |
| 2017 | 59.44 | +2.7% |
| 2018 | 61.37 | +3.2% |
| 2019 | 62.35 | +1.6% |
| 2020 | 61.74 | -1.0% |
| 2021 | 64.46 | +4.4% |
| 2022 | 65.99 | +2.4% |
| 2023 | 67.72 | +2.6% |
| 2024 | 66.23 | -2.2% |
| 2025 | 66.38 | +0.2% |
| 2026 | 67.17 | +1.2% |
| 2027 | 68.24 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.97 | 51.83 | 58.09 | 5 |
| 2010s | 58.46 | 56.06 | 62.35 | 10 |
| 2020s | 65.99 | 61.74 | 68.24 | 8 |
Countries ranked near Iceland
- 23 Canada 71.68 compare
- 24 Spain 70.94 compare
- 25 United Kingdom of Great Britain and Northern Ireland 68.7 compare
- 27 Saudi Arabia 67.49 compare
- 28 Qatar 67.01 compare
- 29 Hong Kong, China 66.74 compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in Iceland?
- Output per hour worked, gdp constant 2021 international $ at ppp in Iceland was 68.24 in 2027, according to International Labour Organization.
- What is the highest output per hour worked, gdp constant 2021 international $ at ppp recorded in Iceland?
- The highest recorded value was 68.24 in 2027.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in Iceland?
- The lowest recorded value was 51.83 in 2005.
- How does Iceland rank for output per hour worked, gdp constant 2021 international $ at ppp?
- Iceland ranks 26th out of 188 countries with data for 2027.
- Is output per hour worked, gdp constant 2021 international $ at ppp rising or falling in Iceland?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Labour Organization, published as part of Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.