24Peaks / Europe / Iceland / Labor Productivity or Total Factor Productivity

Iceland - Labor Productivity or Total Factor Productivity 114,279

World Bank WDI · updated 2026-10-15 · 177 economies tracked

Latest value

114,279 (2025)

Global rank

##25 of 177 economies

Share of global total

1.1%

Growth since 1991

1.43×

Ranking Race — Labor Productivity or Total Factor Productivity

1 = global #1 · higher value ranks higher

#1#19#37#55#73#9119911996200120062011201620212025#26#252015 overtook US Virgin Islands2020 overtook United Arab Emirates
IcelandLuxembourgIrelandGuyanaSingapore

Real annual global ranks, 1991 - 2025. Iceland climbed from #26 to #25 (overtook US Virgin Islands). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2015
Overtook US Virgin Islands in global rank auto
2020
Overtook United Arab Emirates in global rank auto

Labor Productivity or Total Factor Productivity, 1991-2025

World Bank WDI · constant 2021 PPP $ · linear scale · ranking in the race above
1991200120112021202576,73790,228103,720117,212

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