Iceland: Productivity, current USD

* indicates monthly or quarterly data series
 Iceland

GDP per hour worked in current USD, PPP adjusted

 Latest value 90.1
 Year 2022
 Measure USD per hour worked
 Data availability 1970 - 2022
 Average 33.8
 Min - Max 4.5 - 90.1
 Source OECD
For that indicator, we provide data for Iceland from 1970 to 2022. The average value for Iceland during that period was 33.8 USD per hour worked with a minimum of 4.5 USD per hour worked in 1970 and a maximum of 90.1 USD per hour worked in 2022. The latest value from 2022 is 90.1 USD per hour worked. For comparison, the world average in 2022 based on 37 countries is 75.0 USD per hour worked. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Iceland - Productivity, current USD - recent values

Historical chart
Iceland - Productivity, current USD - historical chart - 1970-2022




Definition: GDP per hour worked expressed in current USD. The level of GDP is adjusted in terms of Purchasing Power Parity to reflect price differences across countries.


 Related indicators Latest value Reference Measure
 Economic growth 7.24 2022 percent
 GDP, constant dollars 21.6 2022 billion U.S. dollars
 GDP, current U.S. dollars 28.06 2022 billion U.S. dollars
 GDP per capita, current dollars 73,466.78 2022 U.S. dollars
 GDP per capita, PPP 55,567 2022 U.S. dollars
 GDP per capita, constant dollars 56,429.30 2022 U.S. dollars
 Economic growth, quarterly 2.10 Q3/2023 percent
 Economic growth Q-on-Q -2.50 Q3/2023 percent
 Gross Domestic Product (GDP) 1,121.98 Q3/2023 billion
 Productivity, relative to the U.S. 98.52 2022 index points
 Productivity, current USD 90.1 2022 USD per hour worked
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